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(302) 985-1878
Kat Geralis Home Team | EXP
1317-1319 University Dr, State College, PA 16801
- $450,000
- 1,800
- SqFt
- Sold Price
- $450,000
- List Price
- $425,000
- Closing Date
- Jun 05, 2026
- Days on Market
- 7
- Status
- CLOSED
- MLS#
- PACE2518794
- Living Area
- 1,800
- Lot Size (Acres)
- 0.35
- Style
- Ranch
- Year Built
- 1969
- County
- Centre
- School District
- State College Area
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.
Additional Information
- Area
- State College Boro (16436)
- Subdivision
- State College Boro
- Interior Features
- Tub Shower, Entry Level Bedroom, Eat-in Kitchen, Wood Floors
- School District
- State College Area
- Heating
- Ceiling
- Cooling
- None
- Roof
- Shingle
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Unfinished
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Listing courtesy of RE/MAX Centre Realty. Contact:
Selling Office: Keller Williams Advantage Realty.