1307-1309 UNIVERSITY Drive State College, PA 16801
New
MULTI_FAMILY - Ranch - STATE COLLEGE, PA
Type:Single Family Residence
Property size:
1,800 SFLot size:
0.37 AcresPrice / SF:
$236/SF- Added:
- Apr 23, 2026
- Days on Market:
- 2
- Last Refresh:
- Apr 24 at 1:06 pm
Property Features for 1307-1309 UNIVERSITY Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Rooms
- Basement
- Parking features
- Off Street, Driveway
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5470
Utilities
- Heating system
- Ceiling
Building Details
- Year built
- 1971
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Ranch
Listing agent Ryan S Lowe License #AB066402 (814) 280-2424
Listing office RE/MAX Centre Realty 1375 Martin Street unit: 100, State College, PA (814) 231-8200
Listing date Apr 23, 2026
MLS# PACE2518622
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
State College Duplex Investment Opportunity
Located less than two miles from Penn State University in State College Borough, this fully rented duplex presents an investment opportunity. The property has current rental permits and student home licenses. Situated along the CATA bus route, the property experiences consistent tenant demand. Each 900 sq. ft. unit features hardwood floors, a living room, and a kitchen with included refrigerators and ranges. Each unit also contains 2 bedrooms and 1 full bathroom. Unfinished basements provide storage. The units have electric ceiling heat and are separately metered, with tenants responsible for all utilities. The property is zoned R-2 and has been 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. Additional features include off-street parking and a backyard. The property is situated on a 0.37-acre lot. The property has 1800 square feet of space. This sale will be a part of a 1031 Exchange.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- State College
- County
- Centre
- State
- Pennsylvania
- Longitude
- -77.83847
- Latitude
- 40.79074
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Fully rented duplex near Penn State with strong rental income.
Where is this duplex located?
The property is located at 1307-1309 UNIVERSITY Drive State College, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Prime location in State College Borough, less than two miles from Penn State University.; Fully rented duplex with existing rental permits and student home licenses.; Strong, reliable income with Unit 1307 leased at $1,400/month and Unit 1309 leased at $1,340/month + $40 pet fee, both through 7/29/26.
