Share this with your friends
(302) 985-1878
Kat Geralis Home Team | EXP
1355-1357 University Dr, State College, PA 16801
- $440,000
- 1,800
- SqFt
- Sold Price
- $440,000
- List Price
- $425,000
- Closing Date
- Jun 16, 2026
- Status
- CLOSED
- MLS#
- PACE2518834
- Living Area
- 1,800
- Lot Size (Acres)
- 0.27
- Style
- Ranch
- Year Built
- 1970
- County
- Centre
- School District
- State College Area
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.
Additional Information
- Area
- State College Boro (16436)
- School District
- State College Area
- Flooring
- Hardwood, Vinyl
- Heating
- Ceiling
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Unfinished
Mortgage Calculator
Listing courtesy of RE/MAX Centre Realty. Contact:
Selling Office: Non Subscribing Office.