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    Scranton Duplex Near University Title is generated by Realmo AI

    430-432 Taylor Avenue, Scranton, PA 18510

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    Claim this Listing
    For Sale
    $599,900

    MULTI_FAMILY - Scranton, PA

    Property size:
    3,724 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $161/SF
    Added:
    May 1, 2026
    Days on Market:
    47
    Last Refresh:
    Jun 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 2, Bedroom 7, Bedroom 4, Bedroom 8, Bathroom 4, Bedroom 5, Bedroom 11, Bedroom 14, Bedroom 12, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 9, Bedroom 1, Bathroom 1, Bedroom 10, Bedroom 13
    Standard status
    Active
    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

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    Listing Contact
    Christian Saunders
    Christian Saunders

    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.

    HighLights

    • 14‑bedroom, 4‑bathroom 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
    • Duplex layout provides 6 bedrooms per side plus spacious common areas for student living
    • Listed as steps from the University of Scranton

    Overview

    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.

    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 Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.650842
    Latitude
    41.405075

    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‑bathroom 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
    More about this property
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