$425,000

119 Prospect Ave Scranton, PA 18505

South Side Neighborhood

Estimated payment $2,402/month

Total Views 17,720
4 Beds
2 Baths
1,984 Sq Ft
$214 Price per Sq Ft

Highlights

  • Forced Air Heating and Cooling System
  • Community Deck or Porch
  • 3-minute walk to Connors Park

About This Home

119 Prospect Ave, Southside Scranton. Brand-new construction duplex, 100% occupied, individual deed. 2 units at $1,700/mo each ($40,800/yr gross); tenants pay all utilities. LERTA tax abatement + federal Opportunity Zone (18510): rare dual tax advantage for investors & owner-occupants, capital gains deferral. Day-one rental income, no vacancy risk. FHA/VA eligible. Priced below replacement cost.

Listing Agent

Jennifer de Jesus

Steel City Realty License #RM423820 Listed on: 07/08/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $688

Year Built

  • Built in 2023

Lot Details

  • Lot Dimensions are 40x140

Parking

  • Off-Street Parking

Home Design

  • 1,984 Sq Ft Home
  • Duplex
  • Fire Rated Drywall
  • Asbestos Shingle Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • $293,070 per year additional tax assessments

Community Details

Building Details

  • Real Estate Tax Expense $688
  • Gross Income $40,800
  • Net Operating Income $39,344

Additional Features

  • 2 Units
  • Community Deck or Porch

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$688

Year Built

Built in 2023

Lot Details

0 Sq Ft Lot

Listing Details

  • Directions: Take Parsonage St, Foote Ave and I-81 N to River St in Scranton. Take exit 184 from I-81 N. Continue on River St. Drive to Prospect Ave
  • Prop. Type: Residential Income
  • Year Built: 2023
  • Unit1InfoHeatInRent: N
  • Unit1InfoHotWaterInRent: N
  • Property Sub Type: Duplex
  • Lot Size: 40X140
  • Co List Office Mls Id: 9052
  • Co List Office Phone: 484-895-9005
  • Subdivision Name: None
  • AC Type: Central
  • Listing Information: 3rd Party/REO Owner: Not Applicable
  • Listing Information: Bank Owned/REO: No
  • UnitTypeElectricInRentYN: No
  • UnitTypeHeatInRent: No
  • UnitTypeSewerInRent: No
  • UnitTypeWaterInRent: No
  • UnitTypeElectricInRentYN: No
  • UnitTypeHeatInRent: No
  • UnitTypeSewerInRent: No
  • UnitTypeWaterInRent: No
  • MF Amenities: Porch
  • Unit 1 Info: Water in Rent: N
  • Unit 2 Info: Electric in Rent: N
  • Unit 2 Info: Heat in Rent: N
  • Unit 2 Info: Sewer in Rent: N
  • Special Features: None

Interior Features

  • Has Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Finish: Drywall

Exterior Features

  • Roof: Asbestos Shingle
  • Construction Type: Vinyl Siding
  • Exterior: Vinyl
  • Roof: Asbestos Shingles

Garage/Parking

  • Property Information: Parking: Off-Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heat Fuel Type: Electric
  • Heat Type: Forced Air
  • Sewer: Public
  • Hot Water Heater: Electric

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: Residential

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 688.31
  • Tax Book Number: 202306719
  • Tax Other Annual Assessment Amount: 293070.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 40800.0
  • Property Net Operating Income: 39343.69

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/08/2026 07/08/26 For Sale $425,000 -- $214 / Sq Ft
Source: Luzerne County Association of REALTORS®

Source: Luzerne County Association of REALTORS®

MLS Number: 26-3277

Pennsylvania Lackawanna County Scranton 18505 South Side

119 Prospect Ave, Scranton, PA

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Jennifer de Jesus
Listing Agent
Jennifer de Jesus
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Steel City Realty
(272) 205-4669
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