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    Four-Unit Quadplex with Creek Views
    Updated: Mar 6
    Four-Unit Quadplex with Creek Views

    824 ELMWOOD Street, State College, PA 16801

    $875,000
    7,680 sqft 1.17 AC lot
    1.17‑acre creek‑front lot backing directly to Spring Creek
    Four income‑producing units across two duplexes (824 & 828, 830 & 832 Elmwood)
    Leases secured through July 31, 2026
    Rear duplex brand‑new shingle roof in 2025
    Brick duplex at 824 & 828 Elmwood with two 5BR/2BA units
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    This listing looks promising.

    Here's a quick look at some key insights for

    824 ELMWOOD Street, STATE COLLEGE, PA 16801

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $68K
      Annual

    • Price @ 7% Cap

      $974K
      Above asking

    • Property Type

      Multi-Family Dwellings
      Built 1937
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    Creek-Front Quadplex
    Updated: Mar 6
    Creek-Front Quadplex

    824 ELMWOOD STREET, State College, PA 16801

    $875,000
    1.17 AC lot
    Four total rental units across two duplex buildings
    1.17‑acre creek‑front property adjacent to Spring Creek
    Unit mix includes two 5BR/2BA units, one 1BR unit, and one 4BR unit
    100% occupied with leases secured through July 31, 2026
    All‑brick duplex includes covered porches, private basements, and separate laundry
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    Four-Unit Apartment Property
    Four-Unit Apartment Property

    829-833 ELMWOOD STREET, State College, PA 16801

    $469,000
    0.34 AC lot

    Two duplex-style buildings offer four apartments, including one two-bedroom unit and three one-bedroom units.

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    Based on your search, we've compiled 3 Potential Opportunities for your consideration. Besides 3 Active listings in Centre County, PA, we suggest exploring several alternatives:

    Centre County, PA Quadplexes Market Trends and Statistics

    Explore 3 quadplexes for sale in Centre County, PA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,680 square feet of properties for sale, with an estimated market value of $2,219,000.

    Sale prices for four-unit buildings in Centre County, PA start at $469,000, averaging $739,666, and reaching up to $875,000 — 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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    Featured Centre County Real Estate Agencies

    Realmo connects you with licensed Centre County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    RE/MAX Centre Realty
    1375 Martin St State College, PA 16803
    Phone: 18142802177
    www.statecollegehomes.com/
    Yocum Real Estate Centre LLC
    State College, PA 16803
    www.yocumrealestatecentre.com/

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