Sold for $332,000 on 08/21/25
$332,000
518 Prospect Ave, Scranton, PA 18505
6beds
4,100sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$81/sqft
$2,026 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,026/mo
Zestimate® history
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Owner options
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What's special
Discover a prime investment opportunity in the heart of Scranton with this well-maintained multi-unit property featuring three distinct rental units. Unit 1 offers 3 spacious bedrooms and 1 bathroom, showcasing a beautifully upgraded kitchen complete with high-end cabinetry and granite countertops. The bathroom is outfitted with a luxurious whirlpool tub and separate shower. The tenants for this unit are in the process of moving out and the unit will be vacant at closing. Unit 2 provides a comfortable 2-bedroom, 1-bath layout, perfect for steady rental income. Unit 3 has 1 bedroom and 1 bathroom, all-new flooring throughout, and a walk-in closet in the bedroom. New roof installed December 2021 and one of the furnaces installed May 2021, minimizing future maintenance concerns. All tenants are month to month.Whether you're looking to expand your portfolio or begin your journey in real estate, this multi-unit home combines strong rental potential with quality upgrades--an excellent option for those looking to invest in the growing Scranton market.
Zillow last checked: 8 hours ago
Listing updated: August 29, 2025 at 01:12pm
Listed by:
The Bill Chupko Team,
Keller Williams Real Estate-Clarks Summit
Bought with:
Adriana Jez, RS358942
EXP Realty LLC
Source: GSBR,MLS#: SC252571
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Flooring: Carpet, Tile, Laminate, Hardwood
- Basement: Full,Unfinished
Interior area
- Total structure area: 4,100
- Total interior livable area: 4,100 sqft
- Finished area above ground: 4,100
- Finished area below ground: 0
Property
Features
- Stories: 3
Lot
- Size: 5,662 sqft
- Dimensions: 40 x 140
Details
- Parcel number: 15616040019
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1930
Community & neighborhood
Location
- Region: Scranton
Other
Other facts
- Income includes: Rent Only
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2025 | Sold | $332,000-4.9%$81/sqft |
Source: | ||
| 6/20/2025 | Pending sale | $349,000$85/sqft |
Source: | ||
| 5/29/2025 | Listed for sale | $349,000+118.1%$85/sqft |
Source: | ||
| 9/11/2019 | Sold | $160,000$39/sqft |
Source: Public Record | ||
| 4/10/2016 | Listing removed | $565 |
Source: Clarks Summit - WEICHERT, REALTORS - Hibble and Associates #16-1073 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,859 | $16,000 |
| 2023 | $4,859 +127.6% | $16,000 |
| 2022 | $2,135 | $16,000 |
Find assessor info on the county website
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10John G Whittier #2Grades: K-4Distance: 0.3 mi
- 5/10South Scranton Intrmd SchoolGrades: 5-8Distance: 0.4 mi
- 5/10Scranton High SchoolGrades: 7-12Distance: 1.4 mi

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