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824 Elmwood St, State College, PA 16801

State College
Local realty services provided by:CENTURY 21 Alliance
824 Elmwood St,State College, PA 16801
$875,000
  • 9 Beds
  • - Baths
  • 7,680 sq. ft.
  • Multi-family
  • Active
Listed by: steven bodner
Office: re/max centre realty
MLS#:PACE2520596
Source:BRIGHTMLS

Price summary

  • Price:$875,000
  • Price per sq. ft.:$113.93

About this home

Lemont area four unit investment property with great rental history close to Penn State's Campus. Walking distance to the Village of Lemont, Cafe Lemont, Kamrai, Voodoo Brewery, Maine Bay and Berry, Happy Valley Brewery and more. A short distance to bike paths, Slab Cabin Park, and Mt. Nittany's hiking trails. Two duplexes on one lot with the front duplex having 4 -5 bedrooms and 2 bathrooms per side and the rear duplex having a 2 bedroom unit and 1 bedroom unit. The units have hardwood floors, nice trim, and plentiful windows. There is a laundry room for tenant use, parking for eight vehicles, a nice 1.17 acre yard backing to Spring Creek, and outdoor living areas like porches and a deck. A great location close to State College, Penn State, shopping, restaurants and highway access, plus it's on a bus line. Leases run through July 31, 2027 with gross rent of $75,600 for the 12 month period. Village zoning allows for many uses.

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Home facts

  • Year built:1937
  • Subdivision & Development:LEMONT
  • Listing ID #:PACE2520596
  • Updated:November 07, 2026 at 02:45 PM

Rooms and interior

  • Bedrooms:9
  • Rooms Total:15
  • Flooring:Hardwood, Laminated, Vinyl
  • Kitchen Description:Built-Ins
  • Basement:Yes
  • Basement Description:Full
  • Living area:7,680 sq. ft.

Heating and cooling

  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1937
  • Building area:7,680 sq. ft.
  • Lot area:1.17 Acres
  • Lot Features:Stream/Creek
  • Architectural Style:Traditional
  • Construction Materials:Brick, Wood Siding
  • Exterior Features:Balcony, Porch(es)

Schools

  • High school:STATE COLLEGE AREA
  • Middle school:MOUNT NITTANY
  • Elementary school:SPRING CREEK

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$875,000
  • Price per sq. ft.:$113.93
  • Tax amount:$7,399 (2026)

Features and amenities

  • Amenities:Attic, Built-Ins

Parking

  • Parking description:Asphalt Driveway, Off Street, Parking Lot

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