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Sold for $460,000
  • $460,000

    508-510 Royal Rd, State College, PA 16801

    4beds
    --baths
    2,091sqft
    Duplex
    Built in 1973
    -- sqft lot
    $460,800 Zestimate®
    $220/sqft
    $1,758 Estimated rent

    Home value

    $460,800

    $438,000 - $484,000

    $1,758/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $1,758/mo

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    $1,758/mo

    Rent Zestimate®

    Refinance and save

    $3,054/mo

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    $3,054/mo

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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan S Lowe 814-280-2424,

    RE/MAX Centre Realty,

    Listing Team: Linda & Ryan Lowe Team

    Bought with:

    Amanda Burgess, RS364459

    Kissinger, Bigatel & Brower

    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: $220/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

    Price history

    DateEventPrice
    10/8/2026Sold$460,000-3.2%$220/sqft
    Source: Bright MLS #PACE2520130 Report a problem
    8/27/2026Pending sale$475,000$227/sqft
    Source: Bright MLS #PACE2520130 Report a problem
    8/10/2026Listed for sale$475,000$227/sqft
    Source: Bright MLS #PACE2520130 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 16801

    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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