Sold
Last Sold Price
8 beds4,630 sqft$74/sqft
331 Phelps St, Scranton, PA 18509
Multi FamilyProperty Type
5,662 sq ftLot Size
1940Year Built
$74/sq ftPrice per sq ft

Description

Investor's dream or perfect owner-occupy opportunity! This 3-unit property features a spacious 3 bedroom, 1 bath unit downstairs and a 2 bedroom 1 bath duplex in the front and a detached single-family home in the rear. Back house and downstairs have beautiful hardwood floors and are roomy with lots of potential. All units are currently occupied by reliable, long-term tenants, providing immediate cash flow. The rear single-family home offers a screened in porch and is 3 beds, 1 bath. Tenants keeps...Investor's dream or perfect owner-occupy opportunity! This 3-unit property features a spacious 3 bedroom, 1 bath unit downstairs and a 2 bedroom 1 bath duplex in the front and a detached single-family home in the rear. Back house and downstairs have beautiful hardwood floors and are roomy with lots of potential. All units are currently occupied by reliable, long-term tenants, providing immediate cash flow. The rear single-family home offers a screened in porch and is 3 beds, 1 bath. Tenants keeps the home nice. Easy access to local amenities, transit, and schools in North Scranton, this property is a solid investment with strong rental history and upside potential.
  • Listed by: Rebecca Onufrak 570.280.5858 rebeccaonufrak@gmail.com Brokerage DRE #RB068732 • Keller Williams Real Estate-Clarks Summit
Listing closed: 01/02/2026 12:00 AM • Source: Greator Scranton Board of REALTORS as distributed by MLS GRID, MLS#: SC254281

Recent comparable sales

Median sold price

$325,000

Avg days on market

44

Sale-to-list ratio

99.2%

Scranton, PA

9 comparable properties found

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1/73
1

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Square Feet
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Bedrooms
3,850
Square Feet
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Acres
$330,000 | 1430-1432 Penn Avenue, Scranton, PA 18509
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3

$330,000

Sold 08/14/26

9
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4,336
Square Feet
0.17
Acres
$295,000 | 1336-1338 North Washington Avenue, Scranton, PA 18509
1/39
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Sold 09/11/25

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a front view of a building with a garden and plants
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Sold 07/25/25

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a front view of a building
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Sold 08/26/25

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Bedrooms
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Square Feet
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Acres
$386,005 | 931-933 Richmont Street, Scranton, PA 18509
1/26
9

$386,005

Sold 02/17/26

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Square Feet
0.13
Acres

Location

Listing Courtesy of Keller Williams Real Estate-Clarks Summit

Sold By EXP Realty LLC

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Property Information for 331 Phelps Street

Property Details
  • Taxes: $4,468 / year
  • MLS Type: Residential Income / Multi Family
  • Zoning Description: Multi Family
  • Waterfront: No
Building Information
  • Stories: 2
  • Residences: 3
  • Year Built: 1940
  • Lot Size: 0.13 AC / 5,662 SF
Summary
Location and General Information
  • Region: North Scranton
  • Municipality: North Scranton
  • Directions: PA 307 to Mulberry Street to left on Wyoming. Right on Phelps. Home on left.
  • City: Scranton
  • State/Province: PA
  • Postal Code: 18509
  • County: Lackawanna
  • Latitude: 41.418229
  • Longitude: -75.656628
Taxes and HOA Information
  • Tax Book Number: 1410/0421
  • Tax Assessed Value: 11500
  • Tax Year: 2025
  • Parcel Number: 14512050076
  • Tax Annual Amount: $4,468.00
Parking
  • Garage Spaces: .00
School Information
  • School District: Scranton
Property
Lot Information
  • Structure Type: Multi Family
  • Lot Size Acres: .13
  • Lot Size Dimensions: 40X147
  • Living Area: 4630.0
  • Lot Size Area: 0.13
  • Number of Buildings: 2
  • Below Grade Finished Area: 1050.0
Property and Assessments
  • Property Information:Basement: Partially Finished
  • Property Type: Residential Income
  • Year Built: 1940
  • Property Sub Type: Multi Family
  • Property Type Label: Residential Income
  • New Construction: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Stories: 2
  • Heating: Natural Gas
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Bedrooms Total: 8
  • Bathrooms Full: 3
  • Bathrooms Half: 0
Exterior Features
  • Foundation Area: 1,050.00
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses Information
  • Electric Expense: $2,005.00
  • Water Sewer Expense: $6,000.00
  • Gross Income: $45,000.00
  • Net Operating Income: $28,143.00
  • Insurance Expense: $1,905.00

Property History for 331 Phelps Street

DateEvent & SourcePriceAppreciation
Jan 2, 2026

Closed

Greator Scranton Board of REALTORS #SC254281

$344,000
Dec 30, 2025

Closed (Public Record)

Public Record #1926648398

$344,000

+21.1% / yr

Oct 30, 2025

Pending

Greator Scranton Board of REALTORS #SC254281

DateEvent & SourcePrice
01/02/2026

Closed

Greator Scranton Board of REALTORS #SC254281

$344,000
12/30/2025

Closed (Public Record)

Public Record #1926648398

$344,000

+21.1% / yr

10/30/2025

Pending

Greator Scranton Board of REALTORS #SC254281

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 331 Phelps Street

Taxable ValueLand$37,220Additions$325,660Total$362,880
Tax Record2026$58,057 ($4,838 / month)
Home Facts
Total Finished SqFt4,910 SqFtAbove Grade Finished SqFt4,910 SqFtLot Size5,880 SqFtStyleQuadraplexYear Built1940CountyLACKAWANNAAPN14512050076

Schools near 331 Phelps Street

This home is within Scranton School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 7 to 12
Private - 9 to 12
Rating
School
Distance
John Adams #4
PublicK to 4

Northeast Intermediate School
Public5 to 8

Scranton High School
Public7 to 12

Scranton Preparatory School
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 331 Phelps Street, Scranton, PA 18509
$344,000
8
4,630
5,662
$50,000
7
3
2,200
9,147
$55,000
5,598
8,820
$44,950
2,692
6,468
1,645
5,800
$250,000
4,024
8,820

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Real Estate-Clarks Summit

Based on information submitted to the MLS GRID as of 01/02/2026 02:40 PM. 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. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.