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119 Prospect Avenue Scranton, PA $ 425,000
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119 Prospect Avenue
$ 425,000
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Recently Listed New Construction
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119 Prospect Avenue

Scranton, PA, 18505
$ 425,000
Baths4.2 Sq 1,984

Monthly Estimate*

$ 2,683

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Studio

Multi-Family Home for sale in Scranton, PA

for $425,000 with 4 full baths, 2 half baths. This 1,984 square foot home was built in 2023.

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.

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Multi-Family Active

Price

$ 425,000

Bedrooms

Studio

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 688

Style

Year Built

2023

Town/City

Scranton

County/Region

Lackawanna

MLS | Web ID

781428
Features
General
Sewer Public Sewer
Heating Electric Forced Air
Cooling Central Air
Zoning Residential
Construction Materials Vinyl Siding
Year Built 2023
Property Subtype Duplex
Gross Income 40800
County Lackawanna
Net Operating Income 39342
Operating Expense 1458
Insurance Expense 770
New Construction true
Property Type Residential Income
MaintenanceExpense 0
Subdivision Name Not in Development
Full Baths 4
Status Active
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
City Scranton City
Senior Community Y/N false
High School District Scranton
Number Of Units Total 2
MLS Area Lackawanna County
Year Built Details New Construction
Tax Annual Amount 688
Electric Expense 0
Fuel Expense 0
Property Condition New Construction
Water Sewer Expense 0
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Scranton
Elementary School District Scranton
Tax Assessed Value 293070
Property Sub Type Additional Duplex Investment
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Interior
Air Conditioning Y/N true
Heating Y/N true
Half Baths 2
Total Baths 6
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Exterior
Parking Features Off Street
Water Source Public
Total Parking 6
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* Excluded Features
List By
Jennifer L. DeJesus

Listing Agent

Steel City Realty

Broker

Affordability Calculator

$2,741
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,683
Monthly Property Taxes
$57
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4063388 Elementary School
4451851 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/28/2026$425,000 Listed Price

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119 Prospect Avenue, Scranton, PA, 18505 is a Multi-Family Home for sale at $425,000 with 1,984 sqft. 119 Prospect Avenue is a studio with 4.2 baths and was built in 2023. The property's zip code is 18505 which is in Scranton, PA

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