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1355-1357 University Dr, State College, PA 16801

State College
Local realty services provided by:CENTURY 21 Harbor Realty
1355-1357 University Dr,State College, PA 16801
$425,000
  • 4 Beds
  • - Baths
  • 1,800 sq. ft.
  • Multi-family
  • Pending
Listed by: ryan s lowe
Office: re/max centre realty
MLS#:PACE2518834
Source:BRIGHTMLS

Price summary

  • Price:$425,000
  • Price per sq. ft.:$236.11

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:1 day(s) ago
  • Updated:May 07, 2026 at 07:33 AM

Rooms and interior

  • Bedrooms:4
  • Flooring:Hardwood, Vinyl
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,800 sq. ft.

Heating and cooling

  • Heating:Ceiling, Electric

Structure and exterior

  • Year built:1970
  • Building area:1,800 sq. ft.
  • Lot area:0.27 Acres
  • Architectural Style:Ranch/Rambler
  • Construction Materials:Brick
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$236.11
  • Tax amount:$5,415 (2025)

Parking

  • Parking description:Off Street

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