5-Unit Mixed-Use
New
For Sale
$399,900
521-523 Cedar Avenue, Scranton, PA 18505
Two ground-floor commercial spaces are paired with three residential apartments.
Property Size5,262 SF
Days on Market5
Property Features for 521-523 Cedar Avenue
General Information
Standard status
Active
Size
5,262 SF
Property subtype
Multi Family
Additional Details
Mixed-Use Components
commercial, residential
Multifamily Units
3
Tenant in Place
Yes
Building Details
Building Size
5,262 SF
Year Built
1930
Buildings
1
Tenancy
Multi
Listing Agency:
Kingsway Realty
Listed By:
Lynn Zimmerman
(717) 940-1144
Source:
Luxehomesnepa
Added: Oct 29
Changed: Nov 1
Last Checked: Nov 1 at 3:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kingsway Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1930-built mixed-use property combines five units in one building: two commercial spaces on the ground floor and three apartments above. One unit is leased under a 12-month agreement. Another commercial unit has been remodeled, while an apartment received updates in 2025; two additional units are vacant.
The residential portion has a new roof. Exterior work includes repairs to the trim, gutters, and fascia. The property is located on Cedar Avenue in Scranton, Pennsylvania, at 521-523 Cedar Avenue.
The residential portion has a new roof. Exterior work includes repairs to the trim, gutters, and fascia. The property is located on Cedar Avenue in Scranton, Pennsylvania, at 521-523 Cedar Avenue.
Key Highlights
- Five units: two ground‑floor commercial spaces and three residential apartments
- One unit leased on a 12‑month agreement
- One commercial unit remodeled; one apartment updated in 2025
Property Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,366
Businesses Nearby
Explore this area
Business Placement
Demographics for 18505, PA
20,982
Population
9,996
Households
2.1
Avg Household Size
39
Median Age
26%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
2,384
Density / Sq Mi
$52,599
Median Household Income
$34,155
Median Earnings
$954
Median Rent
$139,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two ground-floor commercial spaces are paired with three residential apartments.
Where is this mixed-use property located?
The property is located at 521-523 Cedar Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Five units: two ground‑floor commercial spaces and three residential apartments; One unit leased on a 12‑month agreement; One commercial unit remodeled; one apartment updated in 2025
