Well-maintained 6-unit multifamily property situated on a large corner lot in South Scranton. This income-producing asset features units in good overall condition, requiring minimal immediate capital improvements. Tenants are responsible for their own gas and electric, helping to keep operating expenses low. The property also includes a 2-car garage and offers strong rental potential for both seasoned investors and those looking to expand their portfolio.
For sale
Price cut: $15K (6/16)
$635,000
1401 Prospect Ave, Scranton, PA 18505
12beds
6,150sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$103/sqft
$-- HOA
What's special
Large corner lot
- 99 days |
- 257 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Michael Cassidy Rollin,
Nisk Real Estate 844-855-6475
Source: GSBR as distributed by MLS GRID,MLS#: SC261138
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Appliances
- Included: Electric Cooktop, Refrigerator, Electric Oven
Features
- Basement: Concrete,Unfinished
Interior area
- Total structure area: 6,150
- Total interior livable area: 6,150 sqft
- Finished area above ground: 4,950
- Finished area below ground: 1,200
Property
Parking
- Total spaces: 1
- Parking features: Garage, On Street
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 3
- Exterior features: Balcony
Lot
- Size: 5,662 Square Feet
- Dimensions: 37 x 150
Details
- Parcel number: 2024 01203
- Zoning: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: 100 Amp Service
- Utilities for property: Electricity Connected, Water Connected, Natural Gas Connected
Community & HOA
Location
- Region: Scranton
Financial & listing details
- Price per square foot: $103/sqft
- Tax assessed value: $16,000
- Annual tax amount: $5,187
- Date on market: 3/23/2026
- Cumulative days on market: 100 days
- Exclusions: Extra hot water heaters in basement.
- Total actual rent: 74880
- Tenant pays: Electricity, Gas
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,976/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $635,000-2.3%$103/sqft |
Source:  GSBR as distributed by MLS GRID #SC261138 Report a problem | ||
| 5/8/2026 | Price change | $650,000-5.7%$106/sqft |
Source: GSBR as distributed by MLS GRID #SC261138 Report a problem | ||
| 3/23/2026 | Listed for sale | $689,000+3.6%$112/sqft |
Source: GSBR as distributed by MLS GRID #SC261138 Report a problem | ||
| 1/24/2024 | Sold | $665,000-5.5%$108/sqft |
Source: GSBR as distributed by MLS GRID #233980 Report a problem | ||
| 11/27/2023 | Pending sale | $704,000$114/sqft |
Source: GSBR as distributed by MLS GRID #23-3980 Report a problem | ||
| 11/11/2023 | Price change | $704,000+64.1%$114/sqft |
Source: GSBR as distributed by MLS GRID #23-3980 Report a problem | ||
| 11/11/2023 | Price change | $429,000-9.7%$70/sqft |
Source: GSBR as distributed by MLS GRID #23-3116 Report a problem | ||
| 10/17/2023 | Listed for sale | $475,000$77/sqft |
Source: GSBR as distributed by MLS GRID #23-3116 Report a problem | ||
| 10/7/2023 | Pending sale | $475,000-37.9%$77/sqft |
Source: GSBR as distributed by MLS GRID #23-3116 Report a problem | ||
| 9/15/2023 | Price change | $765,000+61.1%$124/sqft |
Source: GSBR as distributed by MLS GRID #23-3980 Report a problem | ||
| 8/15/2023 | Price change | $475,000-4.8%$77/sqft |
Source: GSBR as distributed by MLS GRID #23-3116 Report a problem | ||
| 7/26/2023 | Listed for sale | $499,000+81.5%$81/sqft |
Source: GSBR as distributed by MLS GRID #23-3116 Report a problem | ||
| 3/18/2022 | Sold | $275,000-4.8%$45/sqft |
Source: GSBR as distributed by MLS GRID #212748 Report a problem | ||
| 12/7/2021 | Pending sale | $289,000$47/sqft |
Source: GSBR as distributed by MLS GRID #21-2748 Report a problem | ||
| 10/26/2021 | Listed for sale | $289,000+78.4%$47/sqft |
Source: GSBR as distributed by MLS GRID #21-2748 Report a problem | ||
| 10/11/2013 | Sold | $162,000+47.3%$26/sqft |
Source: Public Record Report a problem | ||
| 10/30/2009 | Sold | $110,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,188 +9.4% | $16,000 |
| 2024 | $4,744 | $16,000 |
| 2023 | $4,744 +150% | $16,000 |
| 2022 | $1,898 | $16,000 |
| 2021 | $1,898 -56.5% | $16,000 |
| 2020 | $4,358 +1.7% | $16,000 |
| 2018 | $4,284 +227.1% | $16,000 |
| 2017 | $1,309 | $16,000 |
| 2016 | -- | $16,000 |
| 2015 | -- | $16,000 |
| 2014 | $3,165 | $16,000 |
| 2013 | -- | $16,000 |
| 2012 | -- | $16,000 |
| 2011 | -- | $16,000 |
| 2010 | -- | $16,000 |
| 2009 | -- | $16,000 |
| 2008 | -- | $16,000 |
| 2007 | -- | $16,000 |
| 2006 | -- | $16,000 |
| 2005 | -- | $16,000 |
| 2004 | -- | $16,000 |
| 2003 | -- | $16,000 |
| 2002 | -- | $16,000 |
| 2000 | -- | $16,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: The Flats
Nearby schools
GreatSchools rating
- 5/10McNichols Educational PlazaGrades: K-4Distance: 0.3 mi
- 4/10South Scranton Intermediate SchoolGrades: 5-8Distance: 0.5 mi
- 4/10West Scranton High SchoolGrades: 9-12Distance: 1.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Lackawanna County
- Scranton
- 18505
- The Flats
- 1401 Prospect Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Scranton Topics
