Log In/Sign Up
Your email has been sent.
119 Prospect Ave
Scranton, PA 18505
Scranton Multifamily Portfolio · Multifamily Property For Sale
Investment Highlights
- Scaled 14-Unit Portfolio Across Seven Properties
- Stable Workforce Housing Demand
- Income Stability With Rent Growth Potential
- Geographic Diversification Within a Single Submarket
- Operational Efficiency Through Duplex Configuration
- Portfolio Acquisition Advantage
Executive Summary
Scope Commercial Real Estate is pleased to present The Scranton Multifamily Portfolio consists of seven (7) well-located residential assets totaling fourteen (14) units across established neighborhoods in Scranton, PA. The portfolio includes a mix of duplex-style properties positioned for stable rental income and long-term appreciation.
The properties are strategically distributed across Prospect Avenue, Harrison Avenue, Prescott Avenue, Webster Ave and E Elm Street, offering geographic diversification within a single submarket. Each asset benefits from strong local rental demand driven by healthcare, education, and regional employment centers.
This portfolio provides investors with the opportunity to acquire a stabilized small-bay multifamily collection with scale efficiencies and operational upside.
The properties are strategically distributed across Prospect Avenue, Harrison Avenue, Prescott Avenue, Webster Ave and E Elm Street, offering geographic diversification within a single submarket. Each asset benefits from strong local rental demand driven by healthcare, education, and regional employment centers.
This portfolio provides investors with the opportunity to acquire a stabilized small-bay multifamily collection with scale efficiencies and operational upside.
Property Facts
| Price / SF | $281.24 / SF | Number of Properties | 7 |
| Cap Rate | 7.75% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 11,378 SF |
| Status | Active | Total Land Area | 0.54 AC |
| Price / SF | $281.24 / SF |
| Cap Rate | 7.75% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 11,378 SF |
| Total Land Area | 0.54 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 119 Prospect Ave, Scranton, PA 18505 | Multifamily | 3,080 SF | 2023 | - |
| 702 E Elm St, Scranton, PA 18505 | Multifamily | 2,346 SF | 2025 | - |
| 627 Prescott Ave, Scranton, PA 18510 | Multifamily | 1,984 SF | 2024 | - |
| 629 Prescott Ave, Scranton, PA 18510 | Multifamily | 1,984 SF | 2024 | - |
| 525 Harrison Ave, Scranton, PA 18510 | Multifamily | 1,984 SF | 2024 | - |
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
