$449,000

545 Prescott Ave Scranton, PA 18510

$5,332
Closing credit¹
8 beds
4 full
4,092 sqft
0.06 acres
$110 / sqft
Multi-Family

Property details

About 545 Prescott Ave

Exceptional Income-Producing Property!This 4-unit multifamily property offers outstanding income potential, making it an ideal opportunity for both seasoned and first-time investors. Featuring nicely updated, well-maintained units with thoughtful layouts, this property ensures tenant satisfaction and consistent occupancy.Located just blocks from the University of Scranton, Geisinger Medical College, major hospitals, and shopping hubs, this prime location attracts a wide range of tenants, including students, medical professionals, and those seeking convenience.For investors, this property is a turn-key investment ready to generate solid rental income immediately. It offers a perfect balance of immediate returns and long-term growth potential, making it an excellent addition to any portfolio.In a high-demand rental area, this opportunity won't last long. Secure this income-producing property and add a valuable asset to your portfolio today!Also available is MLS SC-250982.

Highlights

Home typeMulti Family
HeatingBaseboard, Natural Gas, Electric
StatusActive
Size4,092 sqft
BasementYes
Lot size0.06 Acres
Year built1930
ParkingOn Street, Paved
MLS #SC250984

Summary

  • MLS Number: SC250984
  • MLS Name: ScrantonPA
  • Office Name: Berkshire Hathaway Home Services Preferred Properties
  • Office Phone: (570) 585-1500

Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses. IDX Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 4:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property featuring covered porch and roof with shingles

$449,000

545 Prescott Ave

$5,332

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

William Prescott Elementary School

Public District KG-4

0.3 mi

Prescott Avenue & Myrtle St

4

John G. Whittier Elementary School

Public District KG-4

0.7 mi

700 Orchard St

4

John Adams Elementary School

Public District KG-4

1.1 mi

927 Capouse Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,000. The most common annual income of people living in Scranton, PA is less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

58%
<35k
32%
35k-100k
3%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

59%
Single, No Kids
12%
Single, with Kids
17%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

3%
<11 yrs old
2%
12-17 yrs old
82%
18-34 yrs old
10%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza
  • QdobaQdoba

What do the neighbors drive?

  • DodgeDodge
  • MazdaMazda
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 545 Prescott Ave in Scranton, PA and zip code 18510 in the Hill Section / East Scranton neighborhood. This 4,092 square foot home, which was built in 1930, sits on a 0.06 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 10, 2025 and is currently priced at $449,000.

From Rocket Homes Real Estate and based on county public records data.

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