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824-832 Elmwood St State College, PA 16801

Sponsored
For Sale
$899,000

MULTI_FAMILY - Other - STATE COLLEGE, PA

Property size:
3,034 SF
Lot size:
1.17 Acres
Days on Market:
23
Last Refresh:
Feb 5 at 10:06 pm

Property Features for 824-832 Elmwood St

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Rooms
Basement
Parking features
Parking Lot, Driveway, Off Street
Interior features
Attic, Built-Ins, Wood Floors
Size
3,034 SF
Lot size
1.17 Acres

Utilities

Heating system
Hot Water(Heating)

Building Details

Year built
1937
Number of units
4
Building materials
Brick, Wood Siding
Architectural style
Other

We can help!

Listing Contact
Ryan S Lowe

RE/MAX Centre Realty (814) 280-2177

Listing agent Ryan S Lowe (814) 231-8200 License #AB066402

Listing date Jan 14, 2026

MLS# PACE2517280 Listing URL

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.

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Property Insight Report

Overview

State College Investment Opportunity

Located in State College, PA, this property features two fully rented duplexes on 1.17 acres. The property is near Glenn Park, Slab Cabin Park, the village of Lemont, shopping, local eateries, downtown State College, Penn State University, and Route 322/Mt. Nittany Expressway. The front brick duplex, located at 824/828 Elmwood Street, includes a covered front porch and a covered rear second-floor porch. Each unit in this duplex has 5 bedrooms and 2 full bathrooms, with leases in place through July 31, 2026. The current lease amount for unit #824 is $1,625 per month, and for unit #828 is $1,650 per month. Tenants are responsible for electric, cable/internet, and natural gas. The rear wood-sided duplex, located at 830/832 Elmwood Street, has a new shingle roof installed in 2025. Unit 830 includes 1 bedroom and 1 full bathroom with a lease amount of $1,025 per month, while Unit 832 offers 4 bedrooms and 1 full bathroom with a lease amount of $1,425 per month. Leases are secured through July 31, 2026. Tenants pay electric and cable/internet, while the owner covers natural gas for these units. The property offers secured rental agreements through 2026.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
State College
County
Centre
State
Pennsylvania
Longitude
-77.82005
Latitude
40.80919

FAQs

What type of property is this?
Quadplex - Two fully rented duplexes on 1.17 acres near Penn State.
Where is this quadplex located?
The property is located at 824-832 Elmwood St State College, PA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: - Fully rented duplexes with leases secured through July 31, 2026, guaranteeing immediate and reliable rental income.; - Prime location on 1.17 acres backing to Spring Creek, near parks, Lemont, shopping, dining, downtown State College, and Penn State University, with easy access to Route 322.; - Two duplexes included in the offering, providing a diversified rental portfolio.
More about this property
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