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212 E Elm St, Scranton, PA, 18512

9beds
5baths
2,561sqft
$465,000
$182price/sqft
$3,418/moest. monthly cost
$136,720/yrincome needed

About This Home

Investor opportunity in the heart of Dunmore! This fully occupied 5 unit property offers immediate cash flow with significant upside. All tenants are currently on month to month leases, giving a new owner the flexibility to increase rents over time and maximize returns. The units are in good condition, heat and electric are separately metered, and the current below market rents provide a clear value add opportunity without the need for major renovations. Whether you're looking to expand your portfolio or purchase your first multifamily investment, this property checks all the boxes. Due to the property being fully occupied, showings will be limited to scheduled group showings only. Reach out today to reserve your spot!

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

4/10
Dunmore El CenterGrades K-60.8 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Composition

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,561

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,561
  • Total interior livable area: 2,561 sqft

Property

Details

  • Parcel number: 14615050059
  • Zoning: R1
  • Zoning description: Residential
  • Exclusions: Tenants personal items

Features

  • Stories: 2

Lot

  • Lot size: 6,534 sqft
  • Lot size dimensions: 45 x 148 x 45 x 149

Parking

  • Total spaces: 1
  • Parking features: Detached,Garage
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Lightning

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,351$28,212
Home Insurance *$245$2,940
Property Taxes $542$6,504
Electricity $280$3,371
Total$3,418$41,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$117,188/yr
40% on housing$102,540/yr
45% on housing$91,146/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.7%
11.7%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$182This listing

vs Other Active Listings

Avg $/sqft

ZIP 18512$97
Lackawanna County$127

vs Homes Sold Last Month

Median $/sqft

ZIP 18512$140
Lackawanna County$124

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-11Listed for sale$465,000
2026-01-22Listing removed$485,000
2025-11-27Listed for sale$485,000
2006-07-17Sold$114,900
2004-08-25Sold$93,000

For Sale by Agent

AgentAlexsis McGhee
BrokerageEXP Realty LLC

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