508-510 Royal Road State College, PA $ 475,000
508-510 Royal Road
$ 475,000
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508-510 Royal Road

State College, PA, 16801
$ 475,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 2,999

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Multi-Family Home for sale in State College, PA

for $475,000 with 4 bedrooms. This home was built in 1973 on a lot size of 0.34.

Turnkey investment opportunity in State College Borough! Expand your real estate portfolio with this fully rented two-story duplex ideally located just off University Drive, offering convenient access to Penn State University, downtown State College, shopping, dining & everyday amenities. With active leases already in place & a proven rental history, this is an outstanding opportunity in one of Centre County's most desirable investment markets. Unit 508 Royal Rd is currently leased for $1,300 per month through July 29, 2027 & has been occupied by the same tenant since 2017, demonstrating exceptional tenant stability. Unit 510 Royal Rd is currently leased for $1,750 per month through December 29, 2026. Additional highlights include a new roof installed in 2019, off-street parking, active rental permits & active student home licenses for both units. Tenants are responsible for all utilities, including electric heat & hot water, water/sewer, trash, lawn care & snow removal. Whether you're adding to an established investment portfolio or purchasing your first income-producing property, this fully occupied duplex offers the ideal combination of immediate cash flow, a prime Borough location & long-term investment potential.

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Multi-Family Active

Price

$ 475,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 5,792

Style

Traditional

Lot Size

0.34

Year Built

1973

Town/City

State College

County/Region

Centre

MLS | Web ID

PACE2520130

Features
General
Living Area 2091
Sewer Public Sewer
Heating Baseboard - Electric Ceiling
Cooling None
Possession Settlement
Roof Shingle
Zoning R2
Architectural Style Traditional
Construction Materials Vinyl Siding Brick
School District STATE COLLEGE AREA
Exclusions Tenants Personal Belongings
Year Built 1973
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality STATE COLLEGE BORO
Accessibility None
County CENTRE
New Construction N
Property Type Multi-Family
Subdivision Name STATE COLLEGE BORO
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions University Dr to Royal Rd property will be on your right.
City STATE COLLEGE
Number Of Units Total 2
MLS Area State College Boro (16436)
Lot Size Units Square Feet
Lot Size Square Feet 14810.00
Number of Units Leased 2
Tax Annual Amount 5792.0
Two Bedroom 2
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 227.16
Rent Control Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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Interior
Heating Fuel Electric
Basement Unfinished Walkout Level
Flooring Hardwood Vinyl Carpet
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Inclusions Refrigerator & Range in each unit
Type of Parking Off Street Driveway
Foundation Details Block
Water View Y/N N
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.34
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 18600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 508
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* Excluded Features
List By
Re/Max Centre Realty

Broker

ryan@loweteam.com

Email

Affordability Calculator

$3,482
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,999
Monthly Property Taxes
$483
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4110137 Elementary School
4110146 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/10/2026$475,000 Listed Price

Map


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508-510 Royal Road, State College, PA, 16801 is a Multi-Family Home for sale at $475,000 with a lot size of 0.34. 508-510 Royal Road has 4 bedrooms, 0.0 baths, and was built in 1973. The property's zip code is 16801 which is in State College, PA