$182,500
SOLD SEP 9, 2025

940 Paul Ave Scranton, PA 18510

Hill Section Neighborhood
4 Beds
2 Baths
1,680 Sq Ft
0.28 Acres

Recently Sold

$109 Per Sq Ft

8% Below List Price

13 Days on Market

About This Home

As of September 2025

Fully Leased investment in the Hill Section, near Colleges, Parks, and Hospitals. This property is walkable to Nay Aug on an awesome oversized lot hat overlooks the little league fields. Wonderful long-term tenants in place and loads of room for value-add potential.

Last Agent to Sell the Property

Kate Daye

Revolve Real Estate License #RM425525 Listed on: 07/23/2025

Last Buyer's Agent

Chelsea Aleksich

Keller Williams RE Stroudsburg License #RS328668

Keller Williams RE Stroudsburg

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1930

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 54x190x76x188

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $800
  • Tenant pays for electricity
  • Assessor Parcel Number 15706070048
  • Tax Block 420
  • $6,550 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,374

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: Wheeler Ave. to Ash St. Take next right onto Paul Ave. House is on the right.
  • Lot Size Acres: 0.28
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • Above Grade Finished Sq Ft: 1200
  • Garage Yn: No
  • New Construction: No
  • AuctionYN: No
  • SchoolTaxAmount: 968.41
  • EnhancedAcccessible: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeSecurityDeposit: 800.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Has Basement: Partially Finished
  • Number Of Buildings: 1
  • Basement YN: Yes
  • Below Grade Sq Ft: 480

Exterior Features

  • Waterfront: No
  • Construction Type: Vinyl Siding

Utilities

  • Heating: Baseboard, Natural Gas
  • Water Source: Public

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: R
  • Current Use: Multi-Family
  • Lot Dimensions: 54X190X76X188
  • Parcel #: 15706070048

Rental Info

  • Tenant Pays: Electricity

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2374.18
  • Tax Block: 420
  • Tax Book Number: 201325555
  • Tax Other Annual Assessment Amount: 6550

Multi Family

  • Number Of Units Total: 2
  • Income Includes: ["Rent Only"]
  • Insurance Expense: 800
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2013
Closed on
Dec 12, 2013
Sold by
Russin Steven K
Bought by
Patti Glenn M
Seller's Agent
Pam Shotto
Classic Properties North Pocono
Buyer's Agent
Kimberly Korgeski
Keller Williams Real Estate-Clarks Summit
List Price
$139,900
Sold Price
$132,000
Premium/Discount to List
-$7,900
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$92,400
Outstanding Balance
$68,910
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$130,242

Purchase Details

Closed on
May 12, 2009
Sold by
Garvey Deborah and Beckwith Dionna E
Bought by
Russin Steven K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,206
Interest Rate
5.36%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $132,000 None Available
Deed $90,600 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,400 Adjustable Rate Mortgage/ARM
Previous Owner $97,206 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Sold $182,500 -8.3% $109 / Sq Ft
08/05/2025 08/05/25 Pending -- -- --
07/23/2025 07/23/25 For Sale $199,000 0.0% $118 / Sq Ft
10/31/2023 10/31/23 Rented $10,200 +1100.0% --
10/31/2023 10/31/23 For Rent $850 -92.5% --
09/27/2023 09/27/23 Rented $11,400 +1334.0% --
09/27/2023 09/27/23 For Rent $795 -89.8% --
12/04/2019 12/04/19 Rented $7,800 +1100.0% --
12/03/2019 12/03/19 Under Contract -- -- --
11/07/2019 11/07/19 For Rent $650 -91.7% --
02/05/2019 02/05/19 Rented $7,800 +1100.0% --
01/30/2019 01/30/19 Under Contract -- -- --
01/16/2019 01/16/19 For Rent $650 -91.7% --
02/14/2018 02/14/18 Rented $7,800 +1100.0% --
02/13/2018 02/13/18 Under Contract -- -- --
01/13/2018 01/13/18 For Rent $650 -91.7% --
05/09/2016 05/09/16 Rented $7,800 +1100.0% --
05/07/2016 05/07/16 Under Contract -- -- --
05/04/2016 05/04/16 For Rent $650 -92.8% --
08/09/2014 08/09/14 Rented $9,000 +1100.0% --
08/09/2014 08/09/14 Under Contract -- -- --
07/14/2014 07/14/14 For Rent $750 0.0% --
12/12/2013 12/12/13 Sold $132,000 -5.6% $79 / Sq Ft
11/06/2013 11/06/13 Pending -- -- --
10/26/2013 10/26/13 For Sale $139,900 -- $83 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $2,374 $6,550 $2,400 $4,150
2024 $2,187 $6,550 $2,400 $4,150
2023 $2,187 $6,550 $2,400 $4,150
2022 $2,140 $6,550 $2,400 $4,150
2021 $2,140 $6,550 $2,400 $4,150
2020 $2,105 $6,550 $2,400 $4,150
2019 $1,985 $6,550 $2,400 $4,150
2018 $1,985 $6,550 $2,400 $4,150
2017 $1,955 $6,550 $2,400 $4,150
2016 $768 $6,550 $2,400 $4,150
2015 $1,187 $6,550 $2,400 $4,150
2014 -- $6,550 $2,400 $4,150
Source: Public Records

Agents Affiliated with this Home

  • Kate Daye

    Seller's Agent in 2025

    Kate Daye

    Revolve Real Estate

    (302) 242-8781

    7 in this area

    70 Total Sales

    Kate Daye
    Section Image
  • Chelsea Aleksich

    Buyer's Agent in 2025

    Chelsea Aleksich

    Keller Williams RE Stroudsburg

    (570) 982-8777

    5 in this area

    168 Total Sales

    Chelsea Aleksich
    Section Image

  • K

    Seller's Agent in 2023

    Kate Daye Ruane

    ERA One Source Realty

  • K

    Seller's Agent in 2019

    Kimberly Korgeski

    The Agency Real Estate Group - Triboro

  • K

    Buyer's Agent in 2019

    Kim Korgeski

    EXP Realty LLC

    (570) 309-9600

    1 in this area

    55 Total Sales

    Kim Korgeski
    Section Image

  • L

    Buyer's Agent in 2016

    Linda Vosefski

    Berkshire Hathaway Home Services Preferred Properties

    (570) 687-6603

    1 in this area

    54 Total Sales

    Linda Vosefski
    Section Image
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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC253624

Greater Scranton Board of REALTORS®

APN: 15706070048

Pennsylvania Lackawanna County Scranton 18510 Hill Section

940 Paul Ave, Scranton, PA

This home is located at 940 Paul Ave, Scranton, PA 18510 and is currently priced at $182,500, approximately $108 per square foot. This property was built in 1930. 940 Paul Ave is a home located in Lackawanna County with nearby schools including William Prescott School, Northeast Scranton Intermediate School, and Scranton High School.

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.

Greater Scranton Board of REALTORS® 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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