Prime South Side Investment Opportunity! Located on a highly visible corner at 702 Prospect Ave, this solid, well-built property boasts excellent curb appeal. The first floor features a spacious commercial storefront with central air. Featuring two updated residential apartments (First floor 2 bedrooms) (Second floor 4 bedrooms), perfect for generating immediate rental income. Partially finished basement offers the opportunity of additional living space.
This turn-key building has undergone extensive renovations, including new windows, new flooring, fresh sheetrock.
With separate electric meters already in place, this is a hassle-free addition to any investment portfolio!
Schedule your private tour today!!! Se Habla Español.
For sale
$325,000
702 Prospect Ave, Scranton, PA 18505
6beds
4baths
4,400sqft
Multi Family
Built in 1920
-- sqft lot
$312,800 Zestimate®
$74/sqft
$-- HOA
What's special
Spacious commercial storefrontFresh sheetrockHighly visible cornerNew windowsTwo updated residential apartmentsExcellent curb appealNew flooring
- 25 days |
- 676 |
- 50 |
Zillow last checked:
Listing updated:
Listed by:
Adriano Torres Herasme 570-335-9000,
Christian Saunders Real Estate 570-335-9000
Source: Luzerne County AOR,MLS#: 26-3634
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Natural Gas
Features
- Basement: Unfinished
Interior area
- Total structure area: 4,400
- Total interior livable area: 4,400 sqft
Property
Parking
- Total spaces: 1
- Parking features: Open
- Uncovered spaces: 1
Lot
- Size: 3,500 Square Feet
- Dimensions: 50X70
Details
- Parcel number: 15620020033
- Zoning: Multi-Family
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Brick
- Roof: Composition
Condition
- Good
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Scranton
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $15,000
- Annual tax amount: $5,005
- Date on market: 7/24/2026
- Inclusions: (2) Refrigerator & (2) Stoves
- Exclusions: Washer & Dryer. Personal Property.
Estimated market value
$312,800
$294,000 - $328,000
$1,099/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2026 | Listed for sale | $325,000+2066.7%$74/sqft |
Source: Luzerne County AOR #26-3634 Report a problem | ||
| 3/30/2015 | Sold | $15,000$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,005 +9.1% | $15,000 |
| 2024 | $4,586 | $15,000 |
| 2023 | $4,586 +122.1% | $15,000 |
| 2022 | $2,065 | $15,000 |
| 2021 | $2,065 -51% | $15,000 |
| 2020 | $4,217 +1.7% | $15,000 |
| 2018 | $4,147 +205.2% | $15,000 |
| 2017 | $1,359 | $15,000 |
| 2016 | -- | $15,000 |
| 2015 | -- | $15,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: The Flats
Nearby schools
GreatSchools rating
- 4/10South Scranton Intermediate SchoolGrades: 5-8Distance: 0.3 mi
- 5/10Scranton High SchoolGrades: 7-12Distance: 1.5 mi
- 6/10John G Whittier #2Grades: K-4Distance: 0.4 mi
- $105,9003 bd2 ba1.3k sqft706 Prospect Ave, Scranton, PA 18505Off Market
- $265,0004 bd2 ba2.9k sqft540 Willow St, Scranton, PA 18505Sold
- $178,9004 bd2 ba1.7k sqft540 Willow St #2, Scranton, PA 18505Off Market
- $225,0004 bd2 ba1.8k sqft706 Lavelle Ct, Scranton, PA 18505Pending
- $10,9505 bd4 ba1.5k sqft708 Prospect Ave #L-23, Scranton, PA 18505Off Market
- $---- bd-- ba-- sqft708 Prospect Ave, Scranton, PA 18505Off Market
- $20,0004 bd2 ba8.1k sqft634 Prospect Ave, Scranton, PA 18505Off Market
- $11,000-- bd-- ba-- sqft714 Prospect Ave, Scranton, PA 18505Off Market
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.
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