2129 Ballau Avenue, Scranton, PA 18508
Lackawanna County
Key Facts
Description
Turnkey investment opportunity with immediate cash flow! This well-maintained 3-bedroom, 1-bath North Scranton home is currently tenant occupied, generating $1,500 per month in rental income. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, this home offers excellent value.The main level features a spacious living room with an ornamental fireplace, a formal dining room with laminate flooring, a semi-modern kitchen complete with tile flooring, backsplash, and double sink, plus a convenient first-floor laundry/mudroom with direct access to the backyard. Upstairs you'll find three comfortable bedrooms and a full bath.Outside, enjoy a covered front porch, a fully fenced backyard perfect for outdoor enjoyment, and a storage shed for added convenience. Conveniently located near shopping, restaurants, schools, and major highways.Currently leased at $1,500/month, his property offers immediate rental income from the day you take ownership.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Traditional
Year Built
1915
Living Area
1,095 sq ft
Lot Size
0.10 acres
Lot Dimensions
30X150
Zoning
R1
Days on Market
5
MLS® Listing#
SC263208
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$2,180
Tax year 2025
Assessed Value
$7,000
Parcel Number
12320050012
Directions
From I-81, take Exit 191B (US-6 W/North Scranton), then follow Keyser Ave to Ballau Ave. The property is located at 2129 Ballau Ave on the left.
Affordability Calculator
$30,000
Estimated monthly payment
$798/mo
Principal $119,999 · Est. interest $167,410 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Scranton, PA
- $264,894
- Median Listing Price
- 60
- Median Days on Market
- 1,956
- Median Sq Ft
- $128
- Median Price / Sq Ft
- 167
- Active Listings
- This home’s price is 43% below the area median.
- Its price per sq ft is 7% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Scranton, PA.
Location
Points of Interest in Scranton, PA
Showing the Scranton area map.
Nearby Schools
Holy Rosary High School
Secondary · 0.4 mi away
Penn Foster
School · 0.5 mi away
Revival Baptist Christian School
School · 0.6 mi away
Lackawanna County Area Vocational-Technical School Authority
Secondary · 0.7 mi away
Neil Armstrong Elementary School
Elementary · 0.8 mi away
Depaul School
School · 0.8 mi away
Robert Morris Elementary School
Elementary · 1.1 mi away
St Clare's School
School · 1.4 mi away
Isaac Tripp Elementary School
Elementary · 1.4 mi away
Psychological Services Center
School · 1.4 mi away
Asec - African Sisters Education Collaborative
School · 1.4 mi away
Nativitymiguel School of Scranton
School · 1.4 mi away
St Paul's School
School · 1.5 mi away
Scranton State School for Deaf
School · 1.5 mi away
Bancroft Elementary School
Elementary · 1.5 mi away
Dunmore School District
School · 1.8 mi away
Dunmore High School
Secondary · 1.8 mi away
Dunmore Elementary Center
Elementary · 1.8 mi away
Scranton Preparatory School
School · 1.9 mi away
Commonwealth Connection Academy
School · 1.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1024 Farber Court, Scranton, PA | $115,900 | 2 | 1 | 873 |
| 703 Smith Street, Scranton, PA | $119,000 | 4 | 2 | 1,230 |
| 231 Putnam Street, Scranton, PA | $125,000 | 3 | 1 | 1,250 |
| 1413 Monsey Avenue, Scranton, PA | $125,000 | 3 | 2 | 1,789 |
| 315 N Garfield REAR, Scranton, PA | $129,500 | 2 | 2 | 835.6 |
| 348 N Rebecca Avenue, Scranton, PA | $129,900 | 3 | 1 | 1,494 |
Moving Cost Estimate
EXIT Agents in Scranton
Listing Courtesy: Revolve Real Estate - 5708006861
Presented by: Julie Zaleski