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For sale
  • $475,000

    508-510 Royal Rd, State College, PA 16801

    4beds
    --baths
    2,091sqft
    : 
    $2,996/mo
    Get pre-qualified
    Duplex
    Built in 1973
    -- sqft lot
    $-- Zestimate®
    $227/sqft
    $-- HOA

    What's special

    Off-street parking
    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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    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan S Lowe 814-280-2424,

    RE/MAX Centre Realty 8142318200,

    Listing Team: Linda & Ryan Lowe Team

    Source: Bright MLS,MLS#: PACE2520130MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      Basement
      • Area: 0
      Heating
      • Baseboard, Ceiling, Electric
      Cooling
      • None
      Appliances
      • Included: Electric Water Heater
      Features
      • Flooring: Hardwood, Vinyl, Carpet
      • Basement: Unfinished,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 2,091
      • Total interior livable area: 2,091 sqft

      Property

      Parking
      • Parking features: Off Street, Driveway
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 0.34 Acres
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 36027,007,0000
      • Zoning: R2
      • Zoning description: Residence 2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Duplex
      Materials
      • Vinyl Siding, Brick
      • Foundation: Block
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: State College Boro
      Location
      • Region: State College
      • Municipality: STATE COLLEGE BORO

      Financial & listing details

      • Price per square foot: $227/sqft
      • Tax assessed value: $66,180
      • Annual tax amount: $5,792
      • Date on market: 8/10/2026
      • Listing agreement: Exclusive Right To Sell
      • Inclusions: Refrigerator & Range In Each Unit
      • Exclusions: Tenants Personal Belongings
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/10/2026Listed for sale$475,000$227/sqft
        Source: Bright MLS #PACE2520130 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 16801

        Getting around

        56 / 100
        Somewhat Walkable
        24 / 100
        Minimal Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: State College Area

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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