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518 Prospect Avenue, Scranton, PA 18505

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For Sale
Sale Pending

$349,000

6 beds • 3 baths • 4,100 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $85.12
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Discover a prime investment opportunity in the heart of Scranton with this well-maintained multi-unit property featuring three distinct rental units. Unit 1 offers 3 spacious bedrooms and 1 bathroom, showcasing a beautifully upgraded kitchen complete with high-end cabinetry and granite countertops. The bathroom is outfitted with a luxurious whirlpool tub and separate shower. The tenants for this unit are in the process of moving out and the unit will be vacant at closing. Unit 2 provides a comfortable 2-bedroom, 1-bath layout, perfect for steady rental income. Unit 3 has 1 bedroom and 1 bathroom, all-new flooring throughout, and a walk-in closet in the bedroom. New roof installed December 2021 and one of the furnaces installed May 2021, minimizing future maintenance concerns. All tenants are month to month.Whether you're looking to expand your portfolio or begin your journey in real estate, this multi-unit home combines strong rental potential with quality upgrades--an excellent option for those looking to invest in the growing Scranton market.
MLS# SC252571

Courtesy Of Scranton Wilkes Barre Regional Realty dba Keller Williams Real Estate

(570) 585-5800

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Carpet, Hardwood, Laminate, Tile
  • Lot Size
    0.13 Acres
  • Rooms
    Basement

Map and Directions

Directions to 518 Prospect Avenue, Scranton, PA 18505

Home seller CENTURY 21 Jack Ruddy Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Jack Ruddy Real Estate

(570) 344-6724
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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