317 Larch Street

Scranton PA 18509

2800 sq. ft.

0.12 ac.

Multi-Family

Last sold for $380,000

Jeremy J Watson, last sold this property on 09 October 2025 after -163 days on market.

Overview

Fantastic Quadplex Investment Opportunity in ScrantonWelcome to 315-317 Larch Street, a well-maintained quadplex offering strong rental income and long-term stability. This property features two spacious one-bedroom units and two comfortable two-bedroom units, with three of the four currently occupied by excellent tenants. Recent updates throughout the building ensure each unit is in excellent shape and appealing to renters.Tenants are responsible for their own electric and heat, while the owner covers sewer, water, taxes, and insurance, making this an efficient and manageable investment. The property also boasts a large backyard for tenant enjoyment and plenty of on-street parking for convenience.With a total yearly gross income of $50,400 when fully occupied and a solid current tenant base, this property is a true turnkey opportunity for both new and seasoned investors. Don't miss the chance to add this income-producing asset to your portfolio.

Features

6 bedrooms

4 bathrooms

2800 sq. ft. floor area

0.12 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Scranton over the last 12 months, the estimated median property value of 317 Larch Street is $250.5k.

Median value

$250.5k

Estimated value range

$230k - $380k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Scranton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.