518 Prospect Avenue Scranton, PA $ 365,000
518 Prospect Avenue
$ 365,000
Recently Listed
Open House 5/17 1pm - 2:30pm
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518 Prospect Avenue

Scranton, PA, 18505
$ 365,000
Bedrooms6 Baths3.0 Sq 4,080

Monthly Estimate*

$ 2,247

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Multi-Family Home for sale in Scranton, PA

for $365,000 with 6 bedrooms and 3 full baths. This 4,080 square foot home was built in 1940 on a lot size of 0.13.

Excellent investment opportunity in Scranton featuring a well-maintained 3-unit property with strong income potential. Unit 1 offers 3 bedrooms and 1 full bathroom and truly feels more like a home than an apartment. The unit features an updated kitchen with granite countertops and quality cabinetry, along with a bathroom that includes a whirlpool tub and separate shower. It also offers access to a private and spacious backyard that could easily be transformed into a beautiful garden or relaxing outdoor space. This unit will be vacant at closing, making it perfect for an owner-occupant or new tenant. Unit 2 features a comfortable 2 bedroom, 1 bath layout, while Unit 3 offers 1 bedroom, 1 bathroom, new flooring throughout, and a large walk-in closet. Major updates include a newer roof installed in 2021 and one furnace replaced in 2021, helping reduce future maintenance concerns. All tenants are currently on month-to-month leases.Conveniently located near shopping, restaurants, and major highways, this property is a great opportunity for investors or anyone looking to live in one unit while generating rental income from the others.

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Open House

5/17/2026 1:00 PM - 2:30 PM
518 Prospect Avenue Scranton, PA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 365,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,305

Style

Traditional

Lot Size

0.13

Year Built

1940

Town/City

Scranton

County/Region

Lackawanna

MLS | Web ID

SC262204

Features
General
Living Area 4080
Appliances Gas Range Washer/Dryer Refrigerator
Zoning R
Garage Spaces 0
Architectural Style Traditional
Year Built 1940
Electric 200+ Amp Service
Stories Count 3
Property Subtype Triplex
Tax Year 2025
County Lackawanna
New Construction N
Property Type Residential Income
Full Baths 3
Status Active
Directions From Moosic St turn onto Prospect Ave. House will be on the right.
City Scranton
High School District Scranton
Zoning Description Multi-Family
Number Of Units Total 3
Property Attached Y/N N
Tax Annual Amount 5305.55
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 16000
Legal Description 40X140 Li&C Town Plot L 25 B 81 W-19 B-002 L-018 P-025
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Interior
Basement Concrete
Furnished Y/N Unfurnished
Basement (Y/N) Y
Above Grade Finished Area 4080
Half Baths 0
Total Bedrooms 6
Below Grade Finished Area 0
Total Baths 3
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Exterior
Lot Dimensions 40X140
Lot Size Acres 0.13
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* Excluded Features
List By
Exp Realty Llc

Broker

adriana.jez@exprealty.com

Email

Affordability Calculator

$2,689
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,247
Monthly Property Taxes
$442
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2391763 Elementary School
2391680 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$365,000 Listed Price

Map


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518 Prospect Avenue, Scranton, PA, 18505 is a Multi-Family Home for sale at $365,000 with 4,080 sqft and a lot size of 0.13. 518 Prospect Avenue has 6 bedrooms, 3.0 baths, and was built in 1940. The property's zip code is 18505 which is in Scranton, PA