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Scranton Duplex Near University

430-432 Taylor Avenue Scranton, PA 18510

430-432 Taylor Avenue, Scranton, PA, 18510
$599,900
Pending
For Sale
Claim this Listing
$599,900
Pending

MULTI_FAMILY - Scranton, PA

Property Size3,724 SF
Lot Size0.14 Acres
AddedMay 1
Days on Market77
Last RefreshJul 16 at 1:06 pm

Property Features for 430-432 Taylor Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R9
Bedrooms
14
Bathrooms
4
Rooms
Bedroom 7, Bedroom 14, Bedroom 10, Bathroom 3, Bedroom 6, Bedroom 11, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 4, Bedroom 3, Bedroom 12, Bedroom 13, Bathroom 1, Bedroom 5, Bedroom 8, Bedroom 1, Bedroom 9
Standard status
Pending
APN
15709020021
Size
3,724 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2026

Building Details

Year built
1945
Floors in Building
2
Number of units
2

Listing agent Christian Saunders License #RM424906

Listing office Christian Saunders Real Estate 771 E. Drinker Street, Dunmore, PA

Listing date May 1, 2026

MLS# SC261914 Listing URL

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.


Investment Insights

Based on property information with market context.

This fully rented duplex, located steps from the University of Scranton, features 14 bedrooms and 4 bathrooms, presenting a student housing investment opportunity. The property is situated in a consistently in-demand location within Scranton. Each side of the duplex offers a functional layout with six bedrooms and spacious common areas, designed to accommodate student living. The property is fully leased for the 2026-2027 academic year, with leases signed and a history of renewals, providing cash flow. Beginning June 1, 2026, the property generates $5,700 per month in rental income. The property has a history of full occupancy and performance with University of Scranton tenants. Its proximity to campus, downtown Scranton, and neighborhood amenities ensures continued demand. The property size is 3,724 square feet and the lot size is 0.14 acres.

Key Highlights

  • 14‑bedroom, 4‑bath duplex built in 1945
  • Fully leased for the 2026‑2027 academic year with leases already signed
  • Rental income of $5,700 per month beginning June 1, 2026

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $46.9k $12.60
− Vacancy −$3.0k −$0.82
EGI $43.9k $11.78
− OpEx −$13.2k −$3.53
NOI $30.7k $8.25
3,724 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$438.7K
$383.9K – $511.9K (±1% cap)
NOI $30,711 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$410.1K
$358.9K – $478.5K (±1% cap)
NOI $28,710 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$945.2K
$827.1K – $1.10M (±1% cap)
NOI $66,165 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Carpet & Flooring Store Locksmith Storage Facility Pet Grooming Service (Bike/Boat/Book/etc) Store Florist Wine and Liquor Store Restaurant (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully rented 14-bedroom duplex near the University of Scranton.
Where is this duplex located?
The property is located at 430-432 Taylor Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 14‑bedroom, 4‑bath duplex built in 1945; Fully leased for the 2026‑2027 academic year with leases already signed; Rental income of $5,700 per month beginning June 1, 2026
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More about this property
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