$359,000

517 Stafford Ave Scranton, PA 18505

$4,263
Closing credit¹
6 beds
3 full
2,808 sqft
0.1 acres
$128 / sqft
Multi-Family

Property details

About 517 Stafford Ave

Beautifully renovated three-unit property located in a prime area of South Scranton, just minutes from Downtown and convenient access to the Interstate. This fully updated investment features newer plumbing, electrical systems, and newer single layer roof, ensuring long-term peace of mind. Each unit offers nicely designed layouts with spacious bedrooms, hardwood and tile flooring throughout, and ample storage space for tenants. Units are on separate heat and electric, with the potential for separate water, maximizing efficiency and your bottom line. Currently generating a strong gross annual income of $37,800 through reasonably priced leases, this property also boasts front and rear porches for the first and second floors, with the third floor offering a rear porch--each providing scenic city views. Enclosed front and rear entrances add both charm and security. Additional highlights include off-street parking for two vehicles, a detached 1.5-bay garage with rental potential, and a generous backyard space for tenants to enjoy. This turn-key investment presents strong rental demand and immediate high-income potential.

Highlights

Home typeMulti Family
HeatingForced Air, Steam
StatusActive
Size2,808 sqft
BasementYes
Lot size0.15 Acres
Year built1930
ParkingAdditional Parking, Off Street, On Street, Detached
MLS #SC251961
Garage2 spaces

Summary

  • Full Bathrooms: 3
  • Appliances: Electric Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Total Bedroom Count: 6
  • Garage Space: 2 spaces
  • Parking: Additional Parking, Off Street, On Street, Detached
  • Heating: Forced Air, Steam
  • List Price: $359,000
  • Price/SqFt: $127
  • Annual Tax Amount: $3,507
  • Tax Year: 2024
  • Lot: Back Yard
  • Directions: From 81 S take exit 184 Moosic. Turn Right onto Moosic Street, left onto Stafford Ave.
  • Year Built: 1930
  • Stories: 3
  • Living Area: 2,808 SqFt
  • Lot Size: 0.15 Acres
  • MLS Number: SC251961
  • MLS Name: ScrantonPA
  • Office Name: Keller Williams Real Estate-Clarks Summit
  • Office Phone: (570) 585-5800

Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses. IDX Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2025, 6:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property featuring a porch, a gambrel roof, a balcony, and a front yard

$359,000

517 Stafford Ave

$4,263

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$12,000$3,507
2023$12,000$3,507
2022$12,000$5,912
2021$12,000$5,848
2020$12,000$3,365
2019$12,000$3,164
2018$12,000$3,164
2017$12,000$3,108

History based on county public records data.

Nearby schools

4

John G. Whittier Elementary School

Public District KG-4

0.4 mi

700 Orchard St

3

McNichols Educational Plaza

Public District KG-4

0.5 mi

1111 S Irving Ave

4

William Prescott Elementary School

Public District KG-4

1.2 mi

Prescott Avenue & Myrtle St

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 $44,515. The majority of Scranton, PA residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

43%
<35k
40%
35k-100k
14%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
11%
Single, with Kids
24%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Extreme SportsExtreme Sports
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Stein MartStein Mart
  • Sam's ClubSam's Club
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle
  • ChipotleChipotle

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • MazdaMazda

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 517 Stafford Ave in Scranton, PA and zip code 18505 in the South Scranton / South Side neighborhood. This 2,808 square foot home, which was built in 1930, sits on a 0.15 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $359,000.

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

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