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1201-1207 Mulberry Street, Scranton, PA 18510

$5,300,000
Property Type: Commercial Sale Square Footage: 17,000 Status: Active
Current Price: $5,300,000 List Date: 6/23/2026 Last Modified: 7/30/2026

Overview

Description

Rare opportunity to acquire a well-maintained portfolio of five buildings comprising 18 units (14 residential student housing units and 4 commercial units) in Scranton's desirable Hill Section, just steps from the University of Scranton. This established investment features a variety of unit sizes ranging from 2 to 5 bedrooms, many with multiple baths, providing strong rental demand and diversified income streams. The portfolio includes 1201-1203 Mulberry Street, a four-unit commercial building with six student housing units, 418-420 N. Webster Avenue, 1205-1207 Mulberry Street, 406 N. Webster Avenue, 410-412 N. Webster Avenue, and 414-416 N. Webster Avenue, along with a dedicated parking lot. Exceptionally maintained and strategically located in one of Scranton's strongest rental markets, this turnkey offering presents an outstanding opportunity for investors seeking stable income and long-term growth in a prime location near the University of Scranton. Website: https://scrantonstuden ...

Listing Details MLS# PW-262035

General Property Information

Number Of Buildings
5
Number Of Units Total
18
Building Area Total
17000
Living Area
17000
Year Built
2001
Lot Size Acres
0.07
Waterfront YN
No
Water Body Name
None
Stories
3
List Price/SqFt
311.76

Property Features

Building Features: Delivery Door; Established Business; Prime Location; Public Restrooms Business Type: Food & Beverage; Residential; Restaurant Current Use: Commercial; Multi-Family Electric: Circuit Breakers Heating: Natural Gas; Oil Levels: Three Or More Listing Terms: Cash; Conventional Lot Features: City Lot; Corner Lot Parking Features: Parking Lot; Paved Possession: Close Of Escrow Possible Use: Commercial; Mixed Use; Multi-Family Road Frontage Type: City Street Road Surface Type: Paved Roof: Asphalt; Rubber Sewer: Public Sewer Structure Type: Mixed Use; Multi Family Water Source: Public

Contract Information

Listing Contract Date
2026-06-23
Property Sub Type
Mixed Use
Listing Service
Full Service
Environmental Survey YN
No

Location Tax and Legal

Street Number
1201-1207
Street Name
Mulberry
Street Suffix
Street
County
Lackawanna
State
PA
Postal Code
18510
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Rare opportunity to acquire a well-maintained portfolio of five buildings comprising 18 units (14 residential student housing units and 4 commercial units) in Scranton's desirable Hill Section, just steps from the University of Scranton. This established investment features a variety of unit sizes ranging from 2 to 5 bedrooms, many with multiple baths, providing strong rental demand and diversified income streams. The portfolio includes 1201-1203 Mulberry Street, a four-unit commercial building with six student housing units, 418-420 N. Webster Avenue, 1205-1207 Mulberry Street, 406 N. Webster Avenue, 410-412 N. Webster Avenue, and 414-416 N. Webster Avenue, along with a dedicated parking lot. Exceptionally maintained and strategically located in one of Scranton's strongest rental markets, this turnkey offering presents an outstanding opportunity for investors seeking stable income and long-term growth in a prime location near the University of Scranton. Website: https://scrantonstudenthousing.com/

Status Change Information

Major Change Timestamp
2026-07-30T15:33:30Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-07-30T15:33:30Z

More Information

Listing Office: Iron Valley RE Innovate - Lords Valley
Last Updated: July - 30 - 2026
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