932 Prospect Ave Scranton, PA 18505
South Side NeighborhoodEstimated payment $3,325/month
About This Home
Stabilized 5-unit income property in Scranton's residential rental market. The building spans approximately 3,500 SF on a 0.17-acre lot, constructed in 1940 with stucco exterior, full basement, and a 4-stall detached garage offering additional income or parking value.
Unit Mix: (3) 1-bed units | (2) 2-bed units. Unit 5 is vacant. They rest are leased.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Parking
- 4
Home Design
- 3,500 Sq Ft Home
Utilities
- No Heating
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $1,207
- Trash Expense $1,500
- Real Estate Tax Expense $9,800
- Gross Income $60,050
- Net Operating Income $41,943
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 |
|---|---|---|---|---|
| 2026 | $43,477 | $271,750 | $82,550 | $189,200 |
| 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 | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/07/2026 04/07/26 | For Sale | $525,000 | +425.0% | $150 / Sq Ft | |
| 03/21/2018 03/21/18 | Sold | $100,000 | -16.0% | $29 / Sq Ft | View Prior Sale |
| 01/30/2018 01/30/18 | Pending | -- | -- | -- | |
| 01/30/2018 01/30/18 | For Sale | $119,000 | -- | $34 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | -- | None Available | |
| Deed | $100,000 | First American Title | |
| Deed | $100,000 | First American Title | |
| Deed | $170,000 | None Available | |
| Deed | $170,000 | None Available |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,000 | Commercial | |
| Previous Owner | $136,000 | Adjustable Rate Mortgage/ARM |
Source: Luzerne County Association of REALTORS®
MLS Number: 26-1430
APN: 15619060048
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Ask me questions while you tour the home.