14-Bedroom
For Sale
$599,900
430-432 Taylor Avenue, Scranton, PA 18510
Residential Income, Scranton, PA
Property Size3,724 SF
Lot Size0.14 Acres
Price / SF$161.09
Days on Market140
Property Features for 430-432 Taylor Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R9
Bedrooms
14
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bedroom 10, Bedroom 1, Bedroom 9, Bedroom 14, Bathroom 3, Bathroom 4, Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 11, Bedroom 12, Bedroom 13, Bedroom 7, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
From I-81 take Exit 186 (Mulberry St) toward Scranton, turn left onto Taylor Ave, and continue about 0.3 miles. Property 430-432 Taylor Ave is on the right.
Standard status
Active
APN
15709020021
Size
3,724 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6770
Building Details
Year built
1945
Floors in Building
2
Number of units
2
Listing Agency:
Christian Saunders Real Estate
(800) 372-4222
Listed By:
Christian Saunders · License #RM424906
(570) 947-3292
Added: May 1
Changed: Sep 12
Last Checked: Sep 17 at 8:06AM
MLS# SC261914
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 duplex contains 3,724 square feet across two residential units, with 14 bedrooms and 4 bathrooms. Built in 1945, the property is configured for shared residential living and is situated on a 0.14-acre lot. The R9 zoning designation adds a defined residential land-use framework.
The property is located at 430-432 Taylor Avenue in Scranton, Pennsylvania, near the University of Scranton and downtown Scranton. It is fully rented, with leases signed for the 2026-2027 academic year. The rental history described for the property includes full occupancy and tenant renewals associated with the university.
The property is located at 430-432 Taylor Avenue in Scranton, Pennsylvania, near the University of Scranton and downtown Scranton. It is fully rented, with leases signed for the 2026-2027 academic year. The rental history described for the property includes full occupancy and tenant renewals associated with the university.
Key Highlights
- 14 bedrooms and 4 bathrooms across a duplex configuration
- 3,724 square feet on a 0.14‑acre lot
- Fully rented with leases signed for the 2026‑2027 academic year
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,711
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$614,220
$614.2K
Cap Rate 7%
$438,729
$438.7K
Cap Rate 9%
$341,233
$341.2K
Market Conditions
NOI Build-Up for 3,724 SF
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.
Gross rent
$46.9K $12.60/SF
− Vacancy
−$3.0K −$0.82/SF
EGI
$43.9K $11.78/SF
− OpEx
−$13.2K −$3.53/SF
NOI
$30.7K $8.25/SF
Area
Lackawanna County, PA
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$614,220
Cap Rate 7%
$438,729
Cap Rate 9%
$341,233
Alternative Uses
Best Use
Multifamily LT 5
$438.7K
$383.9K – $511.9K
NOI $30,711 @ 7.0% cap · market cap 5.12%
Second Best
Apartment 5plus
$410.1K
$358.9K – $478.5K
NOI $28,710 @ 7.0% cap · market cap 4.79%
Theoretical Best
Office A
$945.2K
$827.1K – $1.10M
NOI $66,165 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,864
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Fully leased two-unit property 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 bedrooms and 4 bathrooms across a duplex configuration; 3,724 square feet on a 0.14‑acre lot; Fully rented with leases signed for the 2026‑2027 academic year
