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Duplex Near University of Scranton
For Sale
$599,900

430-432 Taylor Avenue, Scranton, PA 18510

MULTI_FAMILY - Scranton, PA

Property Size3,724 SF
Lot Size0.14 Acres
Price / SF$161.09
Days on Market93

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 2, Bedroom 4, Bedroom 9, Bedroom 6, Bedroom 3, Bedroom 1, Bedroom 10, Bathroom 3, Bedroom 8, Bedroom 14, Bathroom 1, Bedroom 5, Bedroom 12, Bathroom 2, Bedroom 13, Bathroom 4, Bedroom 11, Bedroom 7
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
Listed By: Christian Saunders · License #RM424906
Added: May 1 Changed: Jul 31 Last Checked: Aug 1 at 7:06AM
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 at 430-432 Taylor Avenue provides student-focused income housing with 14 bedrooms and four bathrooms. Each side includes six bedrooms along with spacious common areas, supporting a functional layout for tenant living.

The property is positioned just steps from the University of Scranton and is fully leased for the 2026-2027 academic year, with leases already signed. The current lease term begins June 1, 2026, and the building has a long-standing history of full occupancy with University of Scranton tenants.

The property is situated on a 0.14-acre lot and was built in 1945. It is zoned R9 and totals 3,724 square feet.

Key Highlights

  • 14 bedrooms and 4 bathrooms in a two‑unit duplex layout
  • Fully leased for the 2026‑2027 academic year with signed leases
  • Lease term begins June 1, 2026

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 authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Locksmith Storage Facility Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,423
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Four-bathroom duplex with 14 bedrooms, fully leased for the 2026-2027 academic year for student housing.
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 in a two‑unit duplex layout; Fully leased for the 2026‑2027 academic year with signed leases; Lease term begins June 1, 2026
More about this property
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