1317-1319 University Dr, State College, PA 16801
Local realty services provided by:CENTURY 21 Mertz & Associates
1317-1319 University Dr,State College, PA 16801
$450,000
- 4 Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: ryan s lowe
Office: re/max centre realty
MLS#:PACE2518794
Source:BRIGHTMLS
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Price summary
- Price:$450,000
About this home
A standout investment opportunity in State College Borough, this fully leased duplex offers established STUDENT HOME LICENSES & RENTAL PERMITS plus unbeatable proximity to Penn State University, a combination that continues to drive strong, reliable demand. Situated along the CATA bus route, the property benefits from consistent tenant interest in a highly desirable location. Each unit is approximately 900 sq. ft. & features hardwood floors, a comfortable living room, a kitchen with included refrigerators & ranges, 2 bedrooms, 1 full bathroom & unfinished basements that provide ample storage. Both units are separately metered with tenants responsible for all utilities & the property is heated with electric ceiling heat. Zoned R 2 and well maintained, this duplex offers a low maintenance addition to any portfolio. Unit 1317 is leased at $950/month through 7/29/26 (tenant will be vacating by 7/29/26), while Unit 1319 is leased at $1,275/month plus a $160/month pet fee through 7/29/26. Additional highlights include ample off street parking & a large, flat backyard. With its solid rental history & a prime location, this property is a smart & seamless investment opportunity. This sale will be part of a 1031 Exchange. Buyer will be responsible for crediting the Seller for final water, sewer & trash at settlement....
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Home facts
- Year built:1969
- Listing ID #:PACE2518794
- Added:34 day(s) ago
- Updated:June 09, 2026 at 10:20 AM
Rooms and interior
- Bedrooms:4
- Kitchen Description:Kitchen - Eat-In
- Basement:Yes
- Basement Description:Unfinished
Heating and cooling
- Heating:Ceiling, Electric
Structure and exterior
- Roof:Shingle
- Year built:1969
- Architectural Style:Ranch/Rambler
- Construction Materials:Brick
- Foundation Description:Block
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$450,000
- Tax amount:$5,413 (2025)
Parking
- Parking description:Off Street
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