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401 Putnam St, Scranton, PA, 18508

5beds
2baths
1,554sqft
$200,000
$129price/sqft
$1,624/moest. monthly cost
$64,960/yrincome needed

About This Home

Solid 2 unit with upside. The upstairs has been renovated and is already rented, bringing in income from day one. The downstairs unit is vacant and just needs some light cosmetic refresh, nothing major, to unlock additional value. Utilities are being paid by the upstairs tenant, and there's potential to split heat by adding electric baseboards downstairs. Only the vacant unit is available for showings at this time. Seller is motivated and looking for a quick, easy sale. Bring your offers.

Getting Around

58
WalkingSomewhat Walkable
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

6/10
Neil Armstrong #40Grades K-40.3 mi
5/10
Scranton High SchoolGrades 7-121.4 mi
4/10

Construction

Condition

  • Year built: 1935

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Duplex

Interior

Appliances

  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,554

Heating

  • Heating features: Natural Gas,Steam

Interior Area

  • Total structure area: 1,554
  • Total interior livable area: 1,554 sqft

Property

Details

  • Parcel number: 13411040017
  • Zoning: R1
  • Exclusions: Tenants personal property

Features

  • Stories: 2

Lot

  • Lot size: 2,178 sqft
  • Lot size dimensions: 29 x 73

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Winter Weather

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,011$12,132
Home Insurance *$156$1,872
Property Taxes $233$2,796
Electricity $224$2,692
Total$1,624$19,488
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,680/yr
40% on housing$48,720/yr
45% on housing$43,306/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.7%
11.7%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$129This listing

vs Other Active Listings

Avg $/sqft

ZIP 18508$84
Lackawanna County$127

vs Homes Sold Last Month

Median $/sqft

ZIP 18508$113
Lackawanna County$124

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-13Price change$200,000
2026-03-27Listed for sale$220,000
2026-01-29Listing removed$1,300
2026-01-14Listed for rent$1,300
2025-11-28Sold$110,000
2025-11-13Pending sale$145,000
2025-10-31Listed for sale$145,000

For Sale by Agent

AgentAlexsis McGhee
BrokerageEXP Realty LLC

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