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Furnished Residential Income Property
For Sale
$269,950

500 E COLLEGE AVENUE #201 STATE, State College, PA 16801

One-bedroom condominium with furnishings, appliances, elevator access, and permitted rental use near Penn State campus.

Property SizeContact for details
Days on Market17

Property Features for 500 E COLLEGE AVENUE #201 STATE

General Information

Standard status Active
Property subtype Apartment

Amenities

Baseboard - Electric
Wall Unit
Rubber, Flat

Building Details

Year Built 1983
Listing Agency: Keller Williams Advantage Realty
Listed By: Kristin O'Brien · License #RS295569
Source: Kw
Added: Sep 3 Changed: Sep 18 Last Checked: Sep 18 at 2:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Advantage Realty

Investment Insights

Based on property information with market context.

This 630-square-foot, one-bedroom, one-bath condominium occupies a mid-rise building constructed in 1983. The interior combines kitchen, dining, and living areas, with a walk-in closet and a bathroom with tub shower. The sale includes furnishings and essential appliances, including a dishwasher, electric oven/range, and refrigerator. Electric baseboard heat and a wall unit provide interior climate control.

The property is in downtown State College at Hetzel Plaza, across from Penn State campus and near public transportation and downtown amenities. The building offers elevators and on-site laundry. Association services include water, sewer, trash, and common-area maintenance. Rental use is permitted, supporting residential occupancy or student rental use.

Key Highlights

  • 630 SF one‑bedroom, one‑bath condominium
  • Furnished sale includes dishwasher, electric oven/range, and refrigerator
  • Rental use is permitted

Property Analytics

Current Use

Residential income properties

Location Intelligence

Trade Area within ½ mile

193
Businesses Nearby

Demographics for 16801, PA

42,446
Population
19,242
Households
2.2
Avg Household Size
28
Median Age
67%
College-Educated
98%
High-School Grad
31.1 sq mi
ZIP Area
1,365
Density / Sq Mi
$62,821
Median Household Income
$27,598
Median Earnings
$1,221
Median Rent
$400,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - One-bedroom condominium with furnishings, appliances, elevator access, and permitted rental use near Penn State campus.
Where is this residential income property located?
The property is located at 500 E COLLEGE AVENUE #201 STATE State College, PA.
What is the asking price?
The asking price for this property is $269,950.
What are key features of this property?
This property features: 630 SF one‑bedroom, one‑bath condominium; Furnished sale includes dishwasher, electric oven/range, and refrigerator; Rental use is permitted
More about this property
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