932 Prospect Ave Scranton, PA 18505
South Side NeighborhoodEstimated payment $3,421/month
About This Home
Income-Producing Property - Prime Investment Opportunity!Presenting a fantastic opportunity to own a nicely updated 5-unit property with a 4-car garage, conveniently located near major hospitals, shopping centers, and schools. This prime location offers unbeatable convenience for tenants, making it a sought-after address in the rental market. With solid income potential, well-designed tenant layouts, and the ability to generate consistent returns, this property is the perfect addition to any investor's portfolio. For investors seeking a turn-key property, this nicely updated, well maintained multifamily building is ready to generate solid rental income right away. With its established tenant base and a location in a high-demand rental area, the opportunity to start earning is immediate. Whether you're an experienced investor or a first-time buyer, this property offers substantial upside potential and the chance to maximize your earnings. This excellent income-generating property in a high-demand area. Don't miss out on this excellent addition to your portfolio in a high-demand rental area!Also available SC-250984.
Listing Agent
Berkshire Hathaway Home Services Preferred Properties License #RS220226L Listed on: 03/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,172
Year Built
- Built in 1940
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 47x152
- Corner Lot
Parking
- 4 Car Garage
- On-Street Parking
Home Design
- Composition Roof
Interior Spaces
- 3,500 Sq Ft Home
- 3-Story Property
- Dining Room
- Unfinished Basement
- Partial Basement
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Full Bathrooms
Utilities
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 15619060048
Community Details
Overview
- 5 Units
Building Details
- 8 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,852 | $24,600 | $3,600 | $21,000 |
| 2024 | $7,172 | $24,600 | $3,600 | $21,000 |
| 2023 | $7,172 | $24,600 | $3,600 | $21,000 |
| 2022 | $7,014 | $24,600 | $3,600 | $21,000 |
| 2021 | $7,014 | $24,600 | $3,600 | $21,000 |
| 2020 | $6,882 | $24,600 | $3,600 | $21,000 |
| 2019 | $6,472 | $24,600 | $3,600 | $21,000 |
| 2018 | $6,472 | $24,600 | $3,600 | $21,000 |
| 2017 | $6,356 | $24,600 | $3,600 | $21,000 |
| 2016 | $1,899 | $24,600 | $3,600 | $21,000 |
| 2015 | $4,758 | $24,600 | $3,600 | $21,000 |
| 2014 | -- | $24,600 | $3,600 | $21,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2025 08/27/25 | Price Changed | $529,900 | -3.6% | $151 / Sq Ft |
| 06/11/2025 06/11/25 | Price Changed | $549,900 | -1.8% | $157 / Sq Ft |
| 03/09/2025 03/09/25 | For Sale | $559,900 | +459.9% | $160 / Sq Ft |
| 03/21/2018 03/21/18 | Sold | $100,000 | -16.0% | $29 / Sq Ft |
| 01/30/2018 01/30/18 | Pending | -- | -- | -- |
| 01/30/2018 01/30/18 | For Sale | $119,000 | -- | $34 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | $100,000 | First American Title | |
| Deed | $170,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,000 | Commercial | |
| Previous Owner | $136,000 | Adjustable Rate Mortgage/ARM |
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC250982
APN: 15619060048
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.
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