Residential Income

Centre County, PA Residential Income Properties for Sale

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Waterfront Four-Unit Quadplex
Updated: Sep 22
Waterfront Four-Unit Quadplex

824 ELMWOOD Street, State College, PA 16801

$875,000
7,680 sqft 1.17 AC lot
Two duplex buildings provide four residential units with varied bedroom configurations
1.17‑acre parcel backing to Spring Creek with waterfront features
Front duplex has 4‑5 bedrooms and 2 bathrooms per side; rear duplex has 2‑bedroom and 1‑bedroom units
7,680 square feet of property size; built in 1937
Parking for eight vehicles plus shared laundry room, porches, and deck
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4-Unit Multifamily Property
Updated: Sep 22
4-Unit Multifamily Property

824 ELMWOOD STREET, State College, PA 16801

$875,000
7,680 sqft 1.17 AC lot
Four rental units across two duplex buildings
Front duplex: two units, each with 4–5 bedrooms and 2 bathrooms
Rear duplex includes 2‑bedroom and 1‑bedroom units
1.17‑acre site backing to Spring Creek
Parking for eight vehicles, tenant laundry, porches, and a deck
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Mixed-Use Property with Veterinary Practice
Mixed-Use Property with Veterinary Practice

200 ELMWOOD STREET, State College, PA 16801

$1,990,000
7,579 sqft 1.30 AC lot

Two renovated components combine an established veterinary tenancy with a three-bedroom residential apartment.

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Residential Income Property with Private Elevator
Residential Income Property with Private Elevator

425 WINDMERE DR #4A, State College, PA 16801

$989,000
3,532 sqft

Condominium residence with expansive terraces, panoramic views, and extensive shared amenities.

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Victorian Duplex with In-Ground Pool
Victorian Duplex with In-Ground Pool

181 MAIN STREET, Julian, PA 16844

$399,900
4,200 sqft

Historic duplex includes a private efficiency apartment and in-ground pool.

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Three-Unit Student Rental Property
Three-Unit Student Rental Property

820 S Pugh St, State College, PA 16801

$1,250,000
2,813 sqft

R3H-zoned three-unit home with updated kitchens and baths, new deck, and new water heaters, currently under single-lease income.

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Renovation Duplex with Covered Carport
Renovation Duplex with Covered Carport

534-536 CLARENCE AVE, State College, PA 16803

$389,000
2,088 sqft 0.29 AC lot

Two one-bedroom units feature separate services, active rental permits, and distinct renovation needs.

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Furnished One-Bedroom Income Property
Furnished One-Bedroom Income Property

500 E COLLEGE AVENUE Unit: 201, State College, PA 16801

$269,950
630 sqft

Corner condominium offered fully furnished with rental permission, campus access, and urban amenities nearby.

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Duplex with Covered Carport
Duplex with Covered Carport

534 CLARENCE AVENUE, State College, PA 16803

$389,000
2,088 sqft

Two one-bedroom units offer separate utilities and defined renovation scope.

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Two-Unit Multifamily Property
Two-Unit Multifamily Property

110 BELKO LN, Philipsburg, PA 16866

$135,000
2,072 sqft

Two tenant-occupied residences on one parcel, including a four-bedroom home and a separate one-bedroom dwelling.

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Renovated Duplex
Renovated Duplex

328-330 MYRTLE ST, Bellefonte, PA 16823

$347,000
2,112 sqft

Two separately leased residences each offer a two-bedroom, one-and-a-half-bathroom layout and paved parking.

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Four-Unit Quadplex with Porches
Four-Unit Quadplex with Porches

2990 BUFFALO RUN ROAD, Bellefonte, PA 16823

$819,000
4.00 AC lot

Fully rented property with private storage, basement laundry access, and paved parking on a spacious lot.

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Three-Unit Condominium Triplex
Three-Unit Condominium Triplex

227 Strouse Avenue, State College, PA 16803

Contact for pricing
3,264 sqft

Well-maintained triplex with three 2-bedroom units, private decks, and in-unit laundry in an established State College setting.

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Updated 25-Unit Apartment Community
Updated 25-Unit Apartment Community

610-676 Southgate Dr, State College, PA 16801

$5,300,000
960 sqft

Townhouse-style rental community with two- and three-bedroom layouts, furnished and unfurnished options, and dedicated parking.

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Two-Duplex Multifamily Property
Two-Duplex Multifamily Property

520-524 E SPRUCE STREET E, Philipsburg, PA 16866

$239,000

Four apartments across two buildings include laundry hookups and a mix of one- and two-bedroom layouts.

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Two-Unit Duplex with Covered Porches
Two-Unit Duplex with Covered Porches

224 E BISHOP STREET, Bellefonte, PA 16823

$219,000

Up/down duplex features two covered exterior living areas, separate unit layouts, and a newer roof from 2019.

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Furnished One-Bedroom Condo
Furnished One-Bedroom Condo

456 E BEAVER AVENUE Unit: 608, State College, PA 16801

$300,000

A covered parking space accompanies this currently leased condominium.

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One-Bedroom Residential Apartment
One-Bedroom Residential Apartment

456 E BEAVER AVENUE Unit: 306, State College, PA 16801

$260,000

Positioned a block from Penn State’s main campus, the unit also connects with downtown and campus bus routes.

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Updated Duplex with Paved Parking
Updated Duplex with Paved Parking

328 MYRTLE STREET, Bellefonte, PA 16823

$347,000

Both residences offer two bedrooms and one-and-a-half baths with recent updates.

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Furnished Residential Income Property
Furnished Residential Income Property

State College, PA 16801

$269,950

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

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20 active listings match your search: Residential Income for sale in Centre County, PA. Based on your search, we've also compiled 52 Potential Opportunities for your consideration: 52 off-market properties to explore as potential leads.

Off-Market Properties in Centre County, PA

Consider similar Off-Market properties in Centre County, 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.

119 Ofc Ln
MOBILE HOME PARK, TRAILER PARK

119 Ofc Ln, Howard, PA 16841-2646

Estimated value:
$270,000
18.67 AC lot
View details
Fleck Ln
MOBILE HOME PARK, TRAILER PARK

Fleck Ln, Philipsburg, PA 16866

Estimated value:
$235,000
3.00 AC lot
View details
2102 Eagle Vly Rd
MOBILE HOME PARK, TRAILER PARK

2102 Eagle Vly Rd, Julian, PA 16844-9510

Estimated value:
$95,000
4.92 AC lot
View details
133 Woodward Cave Dr
CAMPGROUND, RV PARK

133 Woodward Cave Dr, Woodward, PA 16882

Estimated value:
$410,000
14.00 AC lot
View details

Centre County, PA Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Centre County, PA, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 46,698 square feet of properties for sale, with an estimated market value of $15,662,800.

Sale prices for residential investment properties in Centre County, PA start at $135,000, averaging $824,357, and reaching up to $5,300,000 — 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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