Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1212 Mulberry St Scranton, PA 18510

    • Investment properties
    • 0.07 lot acres
    For Sale
    View listing
    $885,000
    Value Estimation
    Location Intelligence
    Property ID
    US73-0486871
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Chen Garden / Chinese Restaurant / Asian Restaurant

    Property Details for 1212 Mulberry St

    Lot size
    0.07 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    15737020019
    APU
    15737020019

    Description

    This exceptional mixed-use, multifamily property, located at 1212 Mulberry St, Scranton, PA 18510, presents a compelling investment opportunity. The 5,569 square foot building, constructed in 1950, sits on a 0.065-acre lot and is zoned 0-19. Currently configured as student housing, the three-story building offers significant potential for redevelopment or renovation. Its strategic location within Scranton University territory ensures high demand and strong rental income potential. The property's proximity to popular local establishments, such as Goodfellas, contributes to a vibrant and desirable neighborhood with high foot traffic. The asking price is $1,195,000, translating to $214.58 per square foot. This represents a unique chance to acquire a valuable asset in a bustling, high-demand area near the university and local amenities, ideal for a modern student-focused development. The property's location in Lackawanna County offers easy access to campus and various conveniences. This is a rare opportunity to capitalize on the strong student housing market in Scranton.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.6527
    Latitude
    41.4048
    CBSA code
    42540
    CBSA name
    SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,230
    $2,950
    $18,550
    $21,500
    -
    $2,950
    $18,550
    $21,500

    Comparable in this City

    • Value Estimation
      $435,000
      0.21 Acres

      958 Prescott Ave, Unit 960

      OFFICE/RESIDENTIAL (MIXED USE) • 0.21 Acres
      958 Prescott Ave, Scranton, PA 18510-1412
      View Details
    • Value Estimation
      $80,000
      0.12 Acres

      1014 Prescott Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.12 Acres
      1014 Prescott Ave, Scranton, PA 18510-1452
      View Details
    • Value Estimation
      $45,000
      0.04 Acres

      963 Prescott Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.04 Acres
      963 Prescott Ave, Scranton, PA 18510-1480
      View Details
    • Value Estimation
      $230,000
      0.51 Acres

      103 Gravity St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.51 Acres
      103 Gravity St, Dunmore, PA 18510-2603
      View Details
    • Value Estimation by Request
      0.14 Acres

      967 Prescott Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.14 Acres
      967 Prescott Ave, Scranton, PA 18510-1480
      View Details
    • Value Estimation by Request
      0.14 Acres

      953 Prescott Ave, Unit L14

      OFFICE/RESIDENTIAL (MIXED USE) • 0.14 Acres
      953 Prescott Ave, Scranton, PA 18510-1411
      View Details

    Similar Nearby for Sale

    • $995,000
      5,569 SF

      Scranton Mixed-Use Investment Opportunity

      Prime Student Housing Location, High Foot Traffic
      1212 Mulberry St, Scranton, PA 18510
      View Details
    • $549,000
      7,050 SF

      Versatile Mixed-Use Property

      Mixed-use property with garage, apartments, and income potential.
      1017 Prescott Ave, Scranton, PA 18510
      View Details
    • $2,990,000
      97,481 SF

      Redevelopment Opportunity in Scranton CBD

      Six-story, 97,481 SF former office building in Scranton's CBD.
      401 Adams Ave, Scranton, PA 18510
      View Details
    • $549,000
      7,050 SF

      Versatile Commercial Property in Scranton

      Commercial property with garage and apartments in Petersberg Corners.
      1017 Prescott Ave, Scranton, PA 18510
      View Details
    • $279,000
      2,218 SF

      Dunmore Investment Property with Apartments

      Investment property in Dunmore featuring three apartments.
      627 S Blakely St, Scranton, PA 18510
      View Details
    • $549,000
      7,050 SF

      Prescott Ave Multifamily Investment

      Scranton, PA Apartment Building with Garage
      1017 Prescott Ave, Scranton, PA 18510
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1212 Mulberry St
    Scranton, PA 18510
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.