19-Unit Apartment
For Sale
Contact for pricing
Pending
316 Taylor Ave, Scranton, PA 18510
Updated housing with renovated units, new roofing, and improved laundry facilities serves a broad student, medical, and family tenant base.
Property SizeContact for details
Days on Market141
Property Features for 316 Taylor Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
19
Amenities
laundry facilities
Listing Agency:
ERA One Source Realty
(570) 510-5840
Listed By:
Sunita Arora · License #RM061605A
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 3:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERA One Source Realty
Investment Insights
Based on property information with market context.
The Royal Residences is a 19-unit apartment property with 53 beds and a mix that includes 3BR and 2BR residences. Recent improvements include renovations to 18 units, a new roof, upgraded laundry facilities, and additional property enhancements. The 3BR layouts provide 1,003+ square feet, while the 2BR units are identified for a targeted 2024-2025 lease-up strategy.
The building is adjacent to the University of Scranton and positioned among several higher-education institutions, including The Commonwealth School of Medicine, Marywood University, Lackawanna College, and Penn State - Worthington campus. Nearby medical facilities include Scranton Regional Hospital, Moses Taylor Hospital, and Geisinger Hospital. The address is 316 Taylor Ave, Scranton, PA 18510.
The building is adjacent to the University of Scranton and positioned among several higher-education institutions, including The Commonwealth School of Medicine, Marywood University, Lackawanna College, and Penn State - Worthington campus. Nearby medical facilities include Scranton Regional Hospital, Moses Taylor Hospital, and Geisinger Hospital. The address is 316 Taylor Ave, Scranton, PA 18510.
Key Highlights
- 19‑unit apartment building with 53 beds
- Renovations completed in 18 units
- New roof and upgraded laundry facilities
Property Analytics
Property Profile
Current Use
Lease Details
19
Residential units
Location Intelligence
Trade Area within ½ mile
2,423
Businesses Nearby
Explore this area
Business Placement
Demographics for 18510, PA
14,110
Population
5,824
Households
2.4
Avg Household Size
31
Median Age
28%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
7,839
Density / Sq Mi
$52,500
Median Household Income
$25,282
Median Earnings
$1,040
Median Rent
$178,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated housing with renovated units, new roofing, and improved laundry facilities serves a broad student, medical, and family tenant base.
Where is this apartment building located?
The property is located at 316 Taylor Ave Scranton, PA.
What are key features of this property?
This property features: 19‑unit apartment building with 53 beds; Renovations completed in 18 units; New roof and upgraded laundry facilities
