Two way- they have a 10" passive radiator.
In my search for info, I found a link that has the full Polk lineup from 1986 (the date shown on the back of the woofer) and these listed at $249.95 which is similar to $700, now. Amazing, how much better someone can do by building their own for $300, now. These could have been improved by Polk using an 8" and passive, rather than a 6-1/2"
He also has a pair of Advent speakers from roughly the same time. Not sure why he didn't just buy two pairs of the Advents, but....