Scranton, PA 18505 1401 Prospect Avenue

$650,000

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Presented By: Nisk Real Estate
  • MLS# SC261138
  • 03/23/2026
  • Request Tour
  • Request Info

Denise Gardner

Realtor
Price $650,000
MLS#SC261138
List Date 03/23/2026
Property Type Multi-Family
Phone 570.390.9331
Request Tour
Request Info
Visit My Website
  • Beds • 12
  • Baths • 6
  • SQFT • 6,150
  • Garage • 1

Home Details

Well-maintained 6-unit multifamily property situated on a large corner lot in South Scranton. This income-producing asset features units in good overall condition, requiring minimal immediate capital improvements. Tenants are responsible for their own gas and electric, helping to keep operating expenses low. The property also includes a 2-car garage and offers strong rental potential for both seasoned investors and those looking to expand their portfolio.
Presented By: Nisk Real Estate

Interior Features for 1401 Prospect Avenue

Bedrooms

Total Bedrooms12

Bathrooms

Half Baths0
Total Baths6

Other Interior Features

Above Grade Finished Area4950
BasementConcrete, Unfinished
Basement (Y/N)Yes
Below Grade Finished Area1200
Furnished Y/NUnfurnished

General for 1401 Prospect Avenue

AppliancesElectric Cooktop, Refrigerator, Electric Oven
CityScranton
CountyLackawanna
Current UseMulti-Family
DirectionsFrom Pittston Ave, turn onto Cherry St. Continue straight — the property is located on the right at the corner of Cherry St and Prospect Ave.
Electric100 Amp Service
ExclusionsExtra hot water heaters in basement.
Full Baths6
Garage Spaces1
Garage Y/NYes
High School DistrictScranton
Legal Description37X150 Li&C Town Plot L31 B 27 W-20 B-057 L-025 P-001
Living Area6150
New ConstructionNo
Number Of Units Total6
OwnerPaysHot Water, Sewer, Water
Property SubtypeMulti Family
Property TypeResidential Income
RoofShingle
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount5187.59
Tax Assessed Value16000
Tax Year2025
Tenant PaysElectricity, Gas
Total Actual Rent74880
UtilitiesElectricity Connected, Water Connected, Natural Gas Connected
Year Built1940
Year Built SourceEstimated
ZoningMulti-Family

Exterior for 1401 Prospect Avenue

Exterior AmenitiesBalcony
Lot Dimensions37X150
Lot Size Acres0.13
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters1
Parking FeaturesGarage, On Street

Additional Details

Price History

Denise Gardner

Realtor
Price $650,000
MLS#SC261138
List Date 03/23/2026
Property Type Multi-Family
Phone 570.390.9331
Request Tour
Request Info
Visit My Website

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