Duplex with Updated
For Sale
$169,900
626-628 Locust Street, Indiana, PA 15701
Fully leased student housing with onsite laundry, a newer gas boiler, and R-2 zoning.
Property SizeContact for details
Days on Market100
Property Features for 626-628 Locust Street
General Information
Standard status
Active
Total Parking Spaces
6
Property subtype
Multi-Unit / Duplex
Zoning
R-2
Net Operating Income
$12,824
Taxes and HOA fees
Annual Taxes
$3,237
Amenities
Yes
0.0
UnFnish
Other
Building Details
Year Built
1960
Listing Agency:
HOWARD HANNA KUZNESKI & LOCKARD R.E. - INDIANA
(724) 388-1795
Listed By:
Mark Kromer · License #RS194255L
(724) 388-1795
Source:
Compass
Added: May 25
Changed: Aug 31
Last Checked: Aug 31 at 12:54AM
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 HOWARD HANNA KUZNESKI & LOCKARD R.E. - INDIANA
Investment Insights
Based on property information with market context.
Built in 1960, this duplex at 626-628 Locust Street includes two residential units and is fully leased through May 2027. The second-floor residence has an updated kitchen with newer flooring, cabinets, and countertops. Each unit is equipped with onsite washers and dryers, while a new gas boiler provides building heating.
The property is located near Indiana University of Pennsylvania and within walking distance of a convenience store, coffee shop, downtown shopping, restaurants, bars, and local recreation parks. R-2 zoning supports the property’s residential configuration.
The property is located near Indiana University of Pennsylvania and within walking distance of a convenience store, coffee shop, downtown shopping, restaurants, bars, and local recreation parks. R-2 zoning supports the property’s residential configuration.
Key Highlights
- Duplex at 626‑628 Locust Street in Indiana, PA 15701
- Fully leased through May 2027
- Second‑floor kitchen updated with newer flooring, cabinets, and countertops
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,236
Businesses Nearby
Explore this area
Business Placement
Demographics for 15701, PA
30,269
Population
15,695
Households
1.9
Avg Household Size
40
Median Age
41%
College-Educated
95%
High-School Grad
112.2 sq mi
ZIP Area
270
Density / Sq Mi
$56,538
Median Household Income
$30,760
Median Earnings
$799
Median Rent
$175,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully leased student housing with onsite laundry, a newer gas boiler, and R-2 zoning.
Where is this duplex located?
The property is located at 626-628 Locust Street Indiana, PA.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Duplex at 626‑628 Locust Street in Indiana, PA 15701; Fully leased through May 2027; Second‑floor kitchen updated with newer flooring, cabinets, and countertops
