Bought with NON MEMBER • Non Subscribing Office
$440,000
$425,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
1355-1357 UNIVERSITY DR State College, PA 16801
1,800 SqFt
Key Details
Sold Price $440,000
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $244
MLS Listing ID PACE2518834
Sold Date 06/16/26
Style Ranch/Rambler
Abv Grd Liv Area 1,800
Year Built 1970
Annual Tax Amount $5,415
Tax Year 2025
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 0.00 x 0.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
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 & trash at the time of settlement.
Location
State PA
County Centre
Area State College Boro (16436)
Zoning R-2
Rooms
Basement Unfinished
Interior
Hot Water Electric
Heating Ceiling
Cooling None
Flooring Hardwood, Vinyl
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
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-,193-,0000-
Ownership Fee Simple
SqFt Source 1800
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP






