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Parisha Smith

parisha@homesbysmithandco.com +1(215) 834-3030

Listed by Ryan S Lowe • RE/MAX Centre Realty

$425,000

Est. payment - /mo

1,800 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $236

MLS Listing ID PACE2518622

Style Ranch/Rambler

Abv Grd Liv Area 1,800

Year Built 1971

Annual Tax Amount $5,470

Tax Year 2025

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 0.00 x 0.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

Located in the heart of State College Borough and less than two miles from Penn State University, this fully rented duplex offers an exceptional investment opportunity with current rental permits and STUDENT HOME LICENSES already in place—a true advantage for investors. Situated along the CATA bus route, the property benefits from consistent tenant demand in a highly desirable location. Each 900 sq. ft. unit features hardwood floors, living room, kitchen with included refrigerators & ranges, 2 bedrooms, 1 full bathroom, unfinished basements provide ample storage, electric ceiling heat and are separately metered, with tenants responsible for all utilities. The property is zoned R-2 and has been well maintained, including a roof replacement in 2016 and double-pane replacement windows. Unit 1307 is leased at $1,400/month through 7/29/26, while Unit 1309 is leased at $1,340/month plus a $40/month pet fee through 7/29/26—providing strong, reliable income from day one. Additional highlights include ample off-street parking and a large, flat backyard. With a solid rental history, and a location that continues to attract steady demand, this duplex is a smart and seamless addition to any investment portfolio. This sale will be a part of a 1031 Exchange.

Location

State PA

County Centre

Area State College Boro (16436)

Zoning R2

Rooms

Basement Unfinished

Interior

Hot Water Electric

Heating Ceiling

Cooling None

Inclusions 2 refrigerators, 2 ranges

Fireplace N

Heat Source Electric

Exterior

Exterior Feature Porch(es)

Water Access N

Roof Type Shingle

Accessibility None

Porch Porch(es)

Garage N

Building

Foundation Block

Above Ground Finished SqFt 1800

Sewer Public Sewer

Water Public

Architectural Style Ranch/Rambler

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District State College Area

Others

Tax ID 36-023-,188-,0000-

Ownership Fee Simple

SqFt Source 1800

Special Listing Condition Standard

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Parisha Smith

+1(215) 834-3030

Agent | License ID: 2075169

Agent License ID: 2075169

1307-1309 UNIVERSITY DR State College, PA 16801

Parisha Smith

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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