932 Prospect Avenue, Scranton

Scranton, PA, 18505 · MLS #26-1430

$515,000

Sold May 2026

932 Prospect Avenue, Scranton in Scranton

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Approximate location · View larger map

Units

3,500

Building SF

1940

Year Built

$147

Per Sq Ft

Last List Price

$525,000

Sold For

$515,000

Against Asking

Sold 1.9% below asking

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About This Property

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.

This property has sold and is no longer on the market. It sold for $515,000 in May 2026. Contact us for other recent sales nearby. Listed by Steel City Realty.

Property Details

The Property

Property Type: Residential Income
Sub-Type: Multi Family
Condition: Good

Interior

Basement: Full
Interior Features: Drywall

Systems

Heating: Natural Gas, Baseboard
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Stucco
Roof: Composition
Outdoor: Porch
Garage: 4 Car Detached
Lot Dimensions: 0.17

Location

County: Lackawanna County
School District: Scranton
Zoning: Multi-Family

Costs & Listing

Gross Income: $60,050
Net Operating Income: $41,943
Cap Rate: 7.99%
MLS #: 26-1430
Listed By: Steel City Realty

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