Duplex Near University of
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
(800) 372-4222
Listed By:
Christian Saunders · License #RM424906
(570) 947-3292
Added: May 1
Changed: Jul 31
Last Checked: Aug 1 at 2:06AM
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.
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
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
Property Profile
Current Use
Lease Details
100%
Occupancy
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
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
