Bought with Janean Chandler • Keller Williams Advantage Realty
$450,000
$425,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
1317-1319 UNIVERSITY DR State College, PA 16801
1,800 SqFt
Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $250
Subdivision State College Boro
MLS Listing ID PACE2518794
Sold Date 06/05/26
Style Ranch/Rambler
Abv Grd Liv Area 1,800
Year Built 1969
Annual Tax Amount $5,413
Tax Year 2025
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 0.00 x 0.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
A standout investment opportunity in State College Borough, this fully leased duplex offers established STUDENT HOME LICENSES & RENTAL PERMITS plus unbeatable proximity to Penn State University, a combination that continues to drive strong, reliable demand. Situated along the CATA bus route, the property benefits from consistent tenant interest in a highly desirable location. Each unit is approximately 900 sq. ft. & features hardwood floors, a comfortable living room, a kitchen with included refrigerators & ranges, 2 bedrooms, 1 full bathroom & unfinished basements that provide ample storage. Both units are separately metered with tenants responsible for all utilities & the property is heated with electric ceiling heat. Zoned R 2 and well maintained, this duplex offers a low maintenance addition to any portfolio. Unit 1317 is leased at $950/month through 7/29/26 (tenant will be vacating by 7/29/26), while Unit 1319 is leased at $1,275/month plus a $160/month pet fee through 7/29/26. Additional highlights include ample off street parking & a large, flat backyard. With its solid rental history & a prime location, this property is a smart & seamless investment opportunity. This sale will be part of a 1031 Exchange. Buyer will be responsible for crediting the Seller for final water, sewer & trash at settlement.
Location
State PA
County Centre
Area State College Boro (16436)
Zoning R-2
Rooms
Basement Unfinished
Interior
Interior Features Bathroom - Tub Shower, Entry Level Bedroom, Kitchen - Eat-In, Wood Floors
Hot Water Electric
Heating Ceiling
Cooling None
Fireplace N
Heat Source Electric
Exterior
Water Access N
Roof Type Shingle
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-,189-,0000-
Ownership Fee Simple
SqFt Source 1800
Special Listing Condition Standard
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