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1355-1357 University Dr, State College, PA 16801

State College
Local realty services provided by:CENTURY 21 Reilly Realtors
1355-1357 University Dr,State College, PA 16801
$440,000
  • 4 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: ryan s lowe
Office: re/max centre realty
MLS#:PACE2518834
Source:BRIGHTMLS

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Price summary

  • Price:$440,000

About this home

A great investment opportunity in the heart of State College Borough, this fully leased duplex combines established STUDENT HOME LICENSES, active rental permits, and an unbeatable location just moments from Penn State University. Consistent demand, walkability, and direct access to the CATA bus route make this property a reliable performer in one of the area’s strongest rental markets. Each unit offers approximately 900 sq. ft. of functional living space, including hardwood floors, a comfortable living room, a kitchen with included refrigerators and ranges, 2 bedrooms, 1 full bathroom, and unfinished basements ideal for storage. Both units are separately metered with tenants responsible for all utilities, and the property is heated with electric ceiling heat. Zoned R 2 and well maintained, this duplex provides a low maintenance, high demand addition to any portfolio. This sale will be a part of a 1031 Exchange. Buyer will be responsible for crediting the seller final water, sewer &...

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Home facts

  • Year built:1970
  • Listing ID #:PACE2518834
  • Added:43 day(s) ago
  • Updated:June 19, 2026 at 06:02 AM

Rooms and interior

  • Bedrooms:4
  • Flooring:Hardwood, Vinyl
  • Basement:Yes
  • Basement Description:Unfinished

Heating and cooling

  • Heating:Ceiling, Electric

Structure and exterior

  • Year built:1970
  • Architectural Style:Ranch/Rambler
  • Construction Materials:Brick
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$440,000
  • Tax amount:$5,415 (2025)

Parking

  • Parking description:Off Street

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