$2,500,000

1515 Vine St Scranton, PA 18510

$10,000
Closing credit¹
9,080 sqft
0.1 acres
$275 / sqft
House

Property details

About 1515 Vine St

10 UNITS LEASED – Prime Turnkey Investment Opportunity | 12-Unit Multifamily in Scranton, PA A newly renovated 12-unit multifamily property designed for investors seeking a premium, low-maintenance asset with immediate cash flow. Now 83% leased, this property is performing with just two units left to fill—offering strong in-place income and room for upside. Each unit has been fully modernized with granite countertops, updated flooring, and brand-new appliances, appealing to quality tenants and reducing long-term maintenance costs. At a projected 7.23% cap rate, this opportunity offers: Turnkey Condition – No major capital expenditures needed Immediate Cash Flow – 10 of 12 units leased Modern Finishes – Granite counters, stainless appliances, and updated interiors Tenant-Friendly Amenities – Laundry, secure entry, and modern mail system Prime Location – Near hospitals, universities, and key commuter routes With high rental demand and market rents continuing to rise, this property is ideally positioned for full stabilization and long-term appreciation. Contact us for full financials and to schedule a private tour of this income-producing gem!

Highlights

Home typeOther
HeatingBaseboard
StatusActive
(ACTIVE)
Size9,080 sqft
Lot size0.14 Acres
Year built2024
ParkingOff Street,On Street
MLS #PALW2000524

Summary

  • Parking: Off Street,On Street
  • Architectural Style: Contemporary
  • Heating: Baseboard
  • Cooling: None
  • List Price: $2,500,000
  • Price/SqFt: $275
  • Directions: Take Meadow Ave, Moosic St and Harrison Ave to Vine St. Turn left onto River St Turn right onto Meadow Ave Turn left onto Moosic St Turn right onto Harrison Ave Turn left onto Vine St Destination will be on the right
  • Year Built: 2024
  • Living Area: 9,080 SqFt
  • Municipality: Scranton City
  • Lot Size: 0.14 Acres
  • MLS Number: PALW2000524
  • MLS Name: BRIGHT
  • Office Name: Ramos Realty
  • Office Phone: (610) 866-4423
  • Office Email: century21ramosrealty@gmail.com
  • Listing Agent: Quinn Fenwick
  • Agent Phone: (551) 337-1429
  • Agent Email: realestatequinngroup@gmail.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/19/2025, 11:20:42 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,500,000

1515 Vine St

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

4

William Prescott Elementary School

Public District KG-4

0.4 mi

Prescott Avenue & Myrtle St

4

John G. Whittier Elementary School

Public District KG-4

0.6 mi

700 Orchard St

4

John Adams Elementary School

Public District KG-4

1.2 mi

927 Capouse Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $35,141. Residents of Scranton, PA typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

50%
<35k
38%
35k-100k
12%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
18%
Single, with Kids
22%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
7%
12-17 yrs old
27%
18-34 yrs old
39%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Sam's ClubSam's Club
  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Dominos PizzaDominos Pizza
  • QdobaQdoba

What do the neighbors drive?

  • OldsmobileOldsmobile
  • MazdaMazda
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • RockRock
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1515 Vine St

The listing price of 1515 Vine St property is $2,500,000.

The property 1515 Vine St is a house located in Scranton, Pennsylvania, 18510.

Active Listing: 1515 Vine St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1515 Vine St are: William Prescott Elementary School (GreatSchools Rating 4/10), John G. Whittier Elementary School (GreatSchools Rating 4/10), John Adams Elementary School (GreatSchools Rating 4/10), Northeast Scranton Intermediate School (GreatSchools Rating 3/10), South Scranton Intermediate School (GreatSchools Rating 5/10), Howard Gardner Multiple Intelligence Charter School (GreatSchools Rating 6/10), Scranton High School (GreatSchools Rating 4/10), Dunmore Jr/Sr High School (GreatSchools Rating 4/10), West Scranton High School (GreatSchools Rating 3/10).

The property at 1515 Vine St has 0 bathroom.

The property 1515 Vine St is 9,080 SqFt (source: MLS/tax record).

The year of construction for 1515 Vine St is 2024.

This home is located at 1515 Vine St in Scranton, PA and zip code 18510 in the Hill Section / East Scranton neighborhood. This 9,080 square foot home, which was built in 2024, sits on a 0.14 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $2,500,000.

From Rocket Homes Real Estate and based on county public records data.

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