1201-1207 Mulberry StreetScranton, PA 18510

Commercial · 17,000 Sq. ft. | 0.07 Acres
$5,500,000 Active

1201-1207 Mulberry Street Overview

Time on Site:
6 days
Visits:
1

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 Mulberry Street, a four-unit commercial building with six student housing units, 418 N. Webster Avenue, 1205 Mulberry Street, 406 N. Webster Avenue, 410 N. Webster Avenue, and 414 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.

Listing provided courtesy of PIKE/WAYNE ASSOCIATIONGreater Scranton MLS- MLS# GSBSC262984MLS ProviderContact Information: [email protected] - (570) 226-2300
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1201-1207 Mulberry Street Facts & Features

  • Type Commercial
  • Sq. ft. 17,000
  • Price/Sq.ft. $324
  • Lot 0.07 Acres

Details

General

School Information

  • School District: Scranton

Listing Information

  • Availability Date: 2026-06-23

Building Information

  • Year Built: 2001

Business Information

  • Business Type: Food & Beverage,Residential,Restaurant
  • Current Use: Commercial,Multi-Family

Location/Region

  • County Or Parish: Lackawanna

Tax Information

  • Tax Annual Amount: 89112
  • Tax Assessed Value: 208500
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 15737020015
  • Possible Use: Commercial,Multi-Family,Mixed Use
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: C2

Interior

Building Interior

  • Building Area Total: 17000

General Information

  • Building Features: Delivery Door,Prime Location,Established Business
  • Electric: Circuit Breakers
  • Heating: Natural Gas,Oil
  • Levels: Three Or More
  • Living Area: 17000
  • Stories: 3

Exterior

Parking Information

  • Parking Features: Parking Lot,Paved

Lot Information

  • Lot Features: City Lot,Corner Lot
  • Lot Size Dimensions: 42 x 61 x 50 x 64
  • Number Of Buildings: 5
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Roof: Asphalt,Rubber
  • Structure Type: Mixed Use,Multi Family

General Information

  • Number Of Units Total: 18
  • Road Frontage Type: City Street
  • Sewer: Public Sewer

1201-1207 Mulberry Street Neighborhood

Community

18510 (Scranton) Demographics

30
Median Age
6,227
Population Density (per sq. mile)
41%
College Educated
$39,497
Estimated Median Income
2,009
Estimated Total Home Owners
3,039
Estimated Total Renters
40% / 60%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

1201-1207 Mulberry Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1201-1207 Mulberry Street Market Data

Based on the last 30 days in this zip code

$326,154
Average List Price
$134
Average Price per Square Foot
11
Properties Sold
70
Average Days on Market
22
Properties for Sale
Calculations provided by Reliance Network

1201-1207 Mulberry Street History

Date Event Value Agent
6/24/2026Source: Greater Scranton MLS Added to Database
June 24, 2026