This home's estimate is 8.5% higher than the average sale price ($415K) of 6 comparable homes.
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508-510 Royal Rd, State College, PA 16801
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About this home
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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Last updated September 2026
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Sale and tax history for 508-510 Royal Rd
- Sale History
- Tax History
$220/sq ft
$227/sq ft
Public record
Property details
Parking
- Parking Information
- Off Street, Driveway
Interior
- Interior Information
- Flooring Type: Hardwood, Vinyl, Carpet
- Living Area Sq.Ft. Source: Assessor
- Basement Information
- Basement: Yes
- Unfinished, Walkout Level
Exterior
- Property Information
- Total Below Grade Sq. Ft.: 0
- Improvement Assessed Value: $47,580
- Ownership Interest: Fee Simple
- Year Built Source: Assessor
- Building Information
- # of Units (Total): 2
- Construction Materials: Vinyl Siding, Brick
- Foundation Details: Block
- Other Structures: Above Grade, Below Grade
- Roof: Shingle
- Structure Type: Semi-Detached
- Lot Information
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Assessor
- Tidal Water: No
- Land Information
- Land Assessed Value: $18,600
- Above Grade Information
- Finished Sq.Ft.: 2,091
- Finished Sq.Ft. Source: Assessor
- Below Grade Information
- Unfinished Sq.Ft. Source: Assessor
- Finished Sq.Ft. Source: Assessor
Financial
- Tax Information
- City/Town Tax: $1,646
- County Tax: $518
- School Tax: $3,627
- Tax Assessed Value: $66,180
- Tax Year: 2026
- Tax Annual Amount: $5,792
- Assessments Information
- Year Assessed: 2026
- Lease Information
- Lease Considered: No
- Rental Information
- Rent Control: No
Utilities
- Utilities Information
- Baseboard - Electric, Ceiling
- Heating Fuel: Electric
- Hot Water: Electric
- Sewer Septic: Public Sewer
- Water Source: Public
Location
- Multi Unit Information
- # of Two Bedroom Units: 2
- # of Units Leased: 2
- Other Units: Unit 1,Unit 1
- School Information
- School District Name: STATE COLLEGE AREA
- School District Source: Listing Agent
- Location Information
- Directions: University Dr to Royal Rd, property will be on your right.
- Municipality: STATE COLLEGE BORO
Public facts
- Beds: 6
- Baths: 2.0
- Sq. Ft.: 2,091
- Stories: 2.0
- Lot Size: 0.34 acres
- Style: Other
- Year Built: 1973
- Year Renovated: —
- County: Centre County
- APN: 36-027-,007-,0000-
Around this home
Schools
Public K-5 • Assigned • 0.5mi
Public 8-12 • Assigned • 1.1mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 93° expected this year, 17 days in 30 years
Minor risk of severe winds over next 30 years
0 unhealthy days expected this year, 1 days in 30 years
Sun exposure
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Nearby similar homes
New listings for sale in 16801
Home values near 508-510 Royal Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 1.5 Baths | 1364 Sq. Ft. | — |
3 Beds | 2 Baths | 2706 Sq. Ft. | $423,710 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 3710 Sq. Ft. | — |
5 Beds | 2 Baths | 2192 Sq. Ft. | $374,427 |
| Address | Redfin Estimate |
|---|---|
6 Beds | 4 Baths | 2613 Sq. Ft. | $514,684 |
4 Beds | 3 Baths | - Sq. Ft. | $483,375 |
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