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    State College, PA Multifamily Properties for Sale

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    Philadelphia, PA Pittsburgh, PA Erie, PA
    State College Duplex Investment Opportunity
    $425,000
    1,800 SF

    State College Duplex Investment Opportunity

    1307-1309 UNIVERSITY Drive, State College, PA 16801

    Fully rented duplex near Penn State with strong rental income.

    • 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.
    • Located along the CATA bus route, offering convenient transportation.
    • Well‑maintained property with a roof replacement in 2016 and double‑pane replacement windows.
    Updated: Apr 23
    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in State College, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Lewistown Investment Portfolio Opportunity
    $495,000

    Lewistown Investment Portfolio Opportunity

    Three properties with income and value-add potential in Lewistown.

    170 Valley Street, Lewistown, PA 17044
    View details
    Bellefonte Duplex: Investment Opportunity
    $215,000
    1,680 SF

    Bellefonte Duplex: Investment Opportunity

    Well-maintained duplex with one leased unit and one move-in ready unit.

    925 West Water Street, Bellefonte, PA 16823
    View details
    Renovated Multi-Unit Investment Opportunity
    $349,900
    0.20 Acres

    Renovated Multi-Unit Investment Opportunity

    Seven-unit property in Lewistown, Pennsylvania, ideal for investors.

    3 SHAW AVENUE, Lewistown, PA 17044
    View details
    Turnkey Restaurant and Apartment Building
    $325,000
    2,598 SF

    Turnkey Restaurant and Apartment Building

    Established restaurant with apartment in downtown Bellefonte.

    116 S Penn St, Bellefonte, PA 16823
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Residential Lot in Westfield, PA
    Contact for pricing
    0.17 Acres

    Residential Lot in Westfield, PA

    Affordable lot ready for a mobile home in Westfield.

    110 Mill Street, Westfield, PA 16950
    View details
    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Income-Producing Triplex on 3 Acres
    $425,000
    2,475 SF

    Income-Producing Triplex on 3 Acres

    Fully occupied triplex with land and business potential in Freeland.

    21525 YORK Road, Freeland, MD 21053
    View details
    Wilkes Barre Land Opportunity
    $130,000
    0.43 Acres

    Wilkes Barre Land Opportunity

    Land available for multi-unit development near university and transportation.

    320 N Main Street, Wilkes Barre, PA 18702
    View details

    Explore Off-Market Properties in State College, PA

    Consider similar Off-Market properties in State College, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1752 Atherton St

    1752 Atherton St

    MOBILE HOME PARK, TRAILER PARK • 27.47 Acres
    Value Estimation
    $6,225,000
    1752 Atherton St, State College, PA 16803
    View details
    329 Prospect Ave

    329 Prospect Ave

    Multifamily properties • 13,471 SF
    Value Estimation by Request
    329 Prospect Ave, State College, PA 16801
    View details
    401 Keller St

    401 Keller St

    Multifamily properties • 1,488 SF
    Value Estimation by Request
    401 Keller St, State College, PA 16801
    View details
    2181 Whitehall Rd

    2181 Whitehall Rd

    Multifamily properties • 44.20 Acres
    Value Estimation by Request
    2181 Whitehall Rd, State College, PA 16801
    View details
    101 Grandview Rd

    101 Grandview Rd

    Multifamily properties • 4,940 SF
    Value Estimation by Request
    101 Grandview Rd, State College, PA 16801
    View details
    103 Westerly Pkwy

    103 Westerly Pkwy

    Multifamily properties • 936 SF
    Value Estimation by Request
    103 Westerly Pkwy, State College, PA 16801
    View details
    415 College Ave

    415 College Ave

    Multifamily properties • 49,750 SF
    Value Estimation by Request
    415 College Ave, State College, PA 16801
    View details
    596 Pierson Dr

    596 Pierson Dr

    MOBILE HOME PARK, TRAILER PARK • 29.48 Acres
    Value Estimation by Request
    596 Pierson Dr, State College, PA 16803-2263
    View details
    Joyce Dr

    Joyce Dr

    MOBILE HOME PARK, TRAILER PARK • 3.79 Acres
    Value Estimation by Request
    Joyce Dr, State College, PA 16801
    View details
    State College, PA 16803

    State College, PA 16803

    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request
    State College, PA 16803
    View details

    State College, PA Multifamily Properties Investment Opportunities Market Analysis

    Explore 11 multifamily properties for sale in State College, PA on our real estate platform. These investment opportunities span a total of 1,800 square feet of properties for sale, with an estimated market value of $425,000.

    Sale prices for multifamily properties in State College, PA start at $425,000, averaging $425,000, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Operating Costs & Financing

    Average Loan-to-Value is 65.0%.

    Avg Loan-to-Value 65.0%

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in State College.

    Leading Commercial Asset Segments

    Duplexes 1

    State College Demographics Overview

    Population 66K
    Population Growth (5Y) -7.1%
    Median Household Income $66,118

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