1212 1214 Mulberry Street, Scranton, PA 18510
Lackawanna County
Key Facts
Description
This well-located asset sits within the highly desirable University of Scranton corridor, an area defined by strong demand, walkability, and consistent foot traffic. Positioned near popular neighborhood destinations such as Goodfellas, the property benefits from a lively streetscape that resonates with both students and long-term residents.For developers, the site presents a compelling opportunity for a modern, student-oriented residential project, ideally suited to the surrounding campus-driven market and nearby amenities. For investors, the property also stands as a proven income-producing asset, currently operated as a professionally managed residential-use facility generating stable cash flow.Whether repositioned for future redevelopment or held as a cash-flowing investment, this property offers flexibility, location-driven demand, and long-term upside in one of Scranton's most active and supply-constrained neighborhoods.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1950
Stories
3
Living Area
5,569 sq ft
Lot Size
0.07 acres
Lot Dimensions
40X71
Zoning
0-19 / Special
Days on Market
417
MLS® Listing#
SC5834
Property Features
Exterior
Cooling
Heating
Flooring
Fencing
Roof
Security
Sewer
Water Source
Financial Details
Assessed Value
$21,500
Parcel Number
15737020019
Directions
Take PA-590 W, PA-348 W/Mt Cobb Rd and I-84 to Mulberry St in Scranton
Affordability Calculator
$159,000
Estimated monthly payment
$4,231/mo
Principal $636,000 · Est. interest $887,277 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Scranton, PA
- $267,033
- Median Listing Price
- 60
- Median Days on Market
- 2,000
- Median Sq Ft
- $129
- Median Price / Sq Ft
- 167
- Active Listings
- This home’s price is 198% above the area median.
- Its price per sq ft is 11% 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
Scranton Hebrew Day School
School · 0.3 mi away
Marian Catholic School
School · 0.4 mi away
John G. Elementary School
Elementary · 0.5 mi away
Central City
School · 0.5 mi away
William Prescott Elementary School
Elementary · 0.6 mi away
Scranton School District
Elementary · 0.6 mi away
Northeast Scranton Intermediate School
Secondary · 0.6 mi away
Bishop Hannan High School
Secondary · 0.6 mi away
Milton Eisner Yeshiva High School
Secondary · 0.7 mi away
Scranton Preparatory School
School · 1.0 mi away
South Scranton Intermediate School
Secondary · 1.1 mi away
St Stanislaus Elementary School
Elementary · 1.1 mi away
McNichols Plaza Elementary School
Elementary · 1.1 mi away
Scranton High School
Secondary · 1.2 mi away
Bancroft Elementary School
Elementary · 1.4 mi away
Wellkind School for Early Learners
Elementary · 1.4 mi away
Freckles & Frills
School · 1.4 mi away
Neiu 19
School · 1.4 mi away
St Paul's School
School · 1.5 mi away
St. Mary of Mt. Carmel School
School · 1.5 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 |
|---|---|---|---|---|
| 1131 Pittston Avenue, Scranton, PA | $579,000 | 5 | 5 | 3,638 |
| 1131 Pittston Avenue, Scranton, PA | $579,000 | — | — | 3,638 |
| 421 Seymour Avenue, Scranton, PA | $590,000 | 4 | 3 | 3,928 |
| 800 Providence Road, Scranton, PA | $595,000 | — | — | 6,547 |
| 529 531 Cedar Avenue L8, Scranton, PA | $599,000 | — | — | 4,300 |
| 1002 Jackson Street, Scranton, PA | $599,999 | — | — | 4,320 |
Moving Cost Estimate
EXIT Agents in Scranton
Listing Courtesy: ERA One Source Realty - 5705879999
Presented by: Jacob W. Rosenstein