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    State College, PA Quadplexes for Sale

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    Albrightsville, PA Boalsburg, PA Bellefonte, PA Centre Hall, PA Julian, PA Pleasant Gap, PA Port Matilda, PA Coaldale, PA
    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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    Four-Unit Apartment Property
    Updated: Aug 1
    Four-Unit Apartment Property

    829-833 ELMWOOD STREET, State College, PA 16801

    $469,000
    0.34 AC lot
    Four‑unit property arranged in two duplex‑style buildings
    0.34‑acre lot with an attached garage
    Units 829 Suite A and Suite B are one‑bedroom apartments
    Unit 831 is a two‑bedroom, two‑story apartment
    Unit 833 includes a formal living room, fireplace, sunroom, and porch
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in State College, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Brick Quadplex Investment
    Brick Quadplex Investment

    307 WASHINGTON ST, Huntingdon, PA 16652

    $289,500
    4,322 sqft

    Solid brick quadplex with four rental units and separately metered heat and electric paid by tenants.

    View details
    Turnkey 4-Unit Brick Multifamily
    Turnkey 4-Unit Brick Multifamily

    132 S HANOVER Street, Carlisle, PA 17013

    $440,000
    2,800 sqft 0.11 AC lot

    Brick and stone quadplex with four occupied units and 11 off-street parking spaces.

    View details
    Turnkey 4-Unit Rental Property
    Turnkey 4-Unit Rental Property

    132 South Hanover Street, Carlisle, PA 17013

    $440,000
    1,200 sqft

    Turnkey four-unit multifamily with 11 off-street parking spaces and all units currently occupied.

    View details
    Brick Quadplex with In-Place Tenants
    Brick Quadplex with In-Place Tenants

    305.307 Washington St, Huntingdon, PA 16652

    $289,500
    4,322 sqft 0.16 AC lot

    Solid brick building divided into four units with separated utilities and tenants paying heat and electric.

    View details

    State College, PA Quadplexes Market Trends and Statistics

    Explore 2 quadplexes for sale in State College, PA 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 $1,344,000.

    Sale prices for four-unit buildings in State College, PA start at $469,000, averaging $672,000, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 2
    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 79K
    Population Growth (5Y) +0.7%
    Median Household Income $66,118
    College Educated 58.3%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Centre County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Featured State College Real Estate Agencies

    Realmo connects you with licensed State College 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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