Mixed-Use Property with
New
For Sale
$200,000
1501 1503 N Lincoln Avenue, Scranton, PA 18508
Commercial Sale, Scranton, PA
Property Size6,384 SF
Lot Size0.29 Acres
Price / SF$31.33
Days on Market2
Property Features for 1501 1503 N Lincoln Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-8
Zoning description
Commercial
Parking
20
Parking features
Off Street, Alley
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
Corner of N Lincoln and Clearview St huge double lot. Park in back on gravel
Standard status
Active
APN
13411050027
Size
6,384 SF
Lot size
0.29 Acres
Additional Details
Mixed-Use Components
residential, retail
Individually Metered Utilities
electricity
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7115
Building Details
Year built
1940
Floors in Building
2
Number of units
6
Listing Agency:
Iron Valley Real Estate Greater Scranton
(570) 300-4766
Listed By:
Jennifer Golden
(570) 881-0579
Added: Oct 24
Last Checked: Oct 25 at 5:06PM
MLS# SC265379
Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 6,384-square-foot mixed-use property contains five apartments and a storefront. The storefront has been vacant for an extended period. Most apartments have laundry hookups, and the property has separate electric heat. Built in 1940, the building is zoned R-8 and is currently condemned.
The 0.29-acre parcel is across from Neil Armstrong Elementary School in North Scranton. Off-street parking and access from the rear alley are listed among the property features.
The 0.29-acre parcel is across from Neil Armstrong Elementary School in North Scranton. Off-street parking and access from the rear alley are listed among the property features.
Key Highlights
- Five apartments and one storefront
- 6,384 square feet on a 0.29‑acre parcel
- R‑8 zoning; built in 1940
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Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
721
Businesses Nearby
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Business Placement
Demographics for 18508, PA
11,664
Population
5,466
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
1,715
Density / Sq Mi
$44,706
Median Household Income
$31,055
Median Earnings
$1,034
Median Rent
$120,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Five apartments share the property with a storefront, separate electric heat, and alley access.
Where is this mixed-use property located?
The property is located at 1501 1503 N Lincoln Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Five apartments and one storefront; 6,384 square feet on a 0.29‑acre parcel; R‑8 zoning; built in 1940
