# 925 Prospect Avenue, Scranton, PA 18505

> **TL;DR:** commercial, $3,650,000 ($87/sqft), built 1897, 42,050 sqft.
> A/C. Est. $19,521/mo. Listed 266 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,650,000 |
| Price/sqft | $87 |
| Square Feet | 42,050 |
| Year Built | 1897 |
| Lot Size | 42,253 sqft (0.97 acres) |
| Stories | 3 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 266 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $18,456 |
| Estimated Insurance | $1,065 |
| **Total** | **$19,521** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1897
- 0.97 acre lot
- 3 stories
- 17 parking spaces

## Description

### Agent Description
Introducing Goodwill Residences, a well-maintained, fully occupied 36-unit multifamily asset offering a rare combination of scale, condition, and location. Situated on nearly one acre, this impressive 42,050 square-foot building features a mix of one- and two-bedroom apartments, all thoughtfully designed to provide comfort, accessibility, and long-term tenant appeal.Housed in a beautifully repurposed historic former high school, the property blends timeless architectural character with modern functionality. Residents enjoy high ceilings, open floor plans, abundant natural light, modern kitchens, large closets, and individually controlled heating and cooling. Select units are handicap accessible, enhancing inclusivity and broadening the tenant base.The building is meticulously maintained and offers a range of desirable amenities including on-site laundry facilities, a community kitchen, library, and wall-to-wall carpeting throughout. The property also includes over 17 on-site parking spaces, a valuable feature for residents and visitors alike.In addition to the residential component, the commercial portion of the building offers office space and a gym, providing significant upside potential for additional income, adaptive reuse, or expanded services.Ideally located just minutes from downtown Scranton, the property offers convenient access to I-81, hospitals, parks, shopping, and essential services--making it an attractive and affordable housing option for senior residents while maintaining strong occupancy and stability.

## Location

- **Address:** 925 Prospect Avenue, Scranton, PA 18505
- **County:** Lackawanna
- **Coordinates:** 41.395047, -75.666276
- **Google Maps:** https://www.google.com/maps?q=41.395047,-75.666276

## Listing Agent

- **Name:** Leah Gianacopoulos
- **Brokerage:** ERA One Source Realty
- **Broker Phone:** (570) 587-9999

## Photos

![925 Prospect Avenue - Photo 1](http://lh.rdcpix.com/4bf5fb0e52f73c56ab86697f75bab906l-f1406678537r.jpg)

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---

**MLS#:** SC260464 | **Updated:** 2026-10-24
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/925-prospect-avenue-scranton-pa-18505-43d09f5777844e21b675cfbb4cc2e8a4)

---

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  "name": "925 Prospect Avenue, Scranton, PA 18505",
  "description": "Introducing Goodwill Residences, a well-maintained, fully occupied 36-unit multifamily asset offering a rare combination of scale, condition, and location. Situated on nearly one acre, this impressive 42,050 square-foot building features a mix of one- and two-bedroom apartments, all thoughtfully designed to provide comfort, accessibility, and long-term tenant appeal.Housed in a beautifully repurposed historic former high school, the property blends timeless architectural character with modern functionality. Residents enjoy high ceilings, open floor plans, abundant natural light, modern kitchens, large closets, and individually controlled heating and cooling. Select units are handicap accessible, enhancing inclusivity and broadening the tenant base.The building is meticulously maintained and offers a range of desirable amenities including on-site laundry facilities, a community kitchen, library, and wall-to-wall carpeting throughout. The property also includes over 17 on-site parking spaces, a valuable feature for residents and visitors alike.In addition to the residential component, the commercial portion of the building offers office space and a gym, providing significant upside potential for additional income, adaptive reuse, or expanded services.Ideally located just minutes from downtown Scranton, the property offers convenient access to I-81, hospitals, parks, shopping, and essential services--making it an attractive and affordable housing option for senior residents while maintaining strong occupancy and stability.",
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