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.
Pending
$475,000
508-510 Royal Rd, State College, PA 16801
4beds
--baths
2,091sqft
Duplex
Built in 1973
-- sqft lot
$-- Zestimate®
$227/sqft
$-- HOA
What's special
Off-street parking
- 24 days
- 645
- 32
Likely to sell faster than
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#: PACE2520130
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
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Pending sale | $475,000$227/sqft |
Source: | ||
| 8/10/2026 | Listed for sale | $475,000$227/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 16801
Nearby schools
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.





