Residential Income

State College, PA Residential Income Properties for Sale

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Albrightsville, PA Boalsburg, PA Bellefonte, PA
A-Frame Duplex with Garage Apartment
Updated: Jun 16
A-Frame Duplex with Garage Apartment

159 LOWER GRANDVIEW Road, State College, PA 16801

$449,000
2,414 sqft · 0.71 AC lot
1969 A‑frame home with vinyl siding, soaring vaulted ceilings, and large windows for natural light
Addition includes two bedrooms and a bathroom with a step‑in shower stall
Includes a 35' x 16' unfinished storage room above the addition
Crawl space was professionally insulated and encapsulated
Detached two‑car garage with a one‑bedroom apartment above, featuring a private deck
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Three-Unit Condominium Triplex
Updated: Jun 16
Three-Unit Condominium Triplex

227 Strouse Avenue, State College, PA 16803

$735,000
3,264 sqft
Triplex built in 1981 with three well‑maintained condominium units (each 2BR/1.5BA)
Each unit includes a private deck plus kitchen appliances and washer/dryers
Unit 227 Strouse Ave features a finished lower‑level family room and laundry area; basement bathroom remodel scheduled by end of June 2026
Unit 229 Strouse Ave offers a versatile lower‑level family room (home office/den potential) plus a dedicated laundry area
Unit 231 Strouse Ave includes a spacious lower‑level family room, laundry area, and a full bathroom in the basement
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Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 2 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.

Opportunities in Nearby Cities

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

Lewistown Multifamily Investment Opportunity
Lewistown Multifamily Investment Opportunity

170 VALLEY Street, Lewistown, PA 17044

$465,000
0.10 AC lot

Three properties with seven units, offering income and value-add potential.

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Huntingdon Duplex For Sale
Huntingdon Duplex For Sale

609-611 6th Street, Huntingdon, PA 16652

$157,000
700 sqft · 0.04 AC lot

Duplex in Huntingdon, PA, offering home ownership opportunity.

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Turnkey Bar/Restaurant with Apartment
Turnkey Bar/Restaurant with Apartment

1301 Washington Street, Huntingdon, PA 16652

$281,900
2,300 sqft

Established bar and restaurant with apartment in Huntingdon, PA.

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Lewistown Investment Portfolio Opportunity
Lewistown Investment Portfolio Opportunity

170 Valley Street, Lewistown, PA 17044

$465,000

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

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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.

Agricultural Land Parcel with Pasture
Agricultural Land Parcel with Pasture

LINDEN HALL Road lot: #6, Boalsburg, PA 16827

$449,000
7.17 AC lot

A treelined, gently sloping parcel with permitted development approval and available OGM rights.

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Residential Land in Laurel Hills
Residential Land in Laurel Hills

133 ROUNDHILL Road, Boalsburg, PA 16828

$185,000
0.70 AC lot

Large lot near Tussey Mountain, build your dream home!

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Development-Ready Commercial Lot with Utilities
Development-Ready Commercial Lot with Utilities

COMMERCE Street lot: 2, Bellefonte, PA 16823

$379,900
1.90 AC lot

Level commercial lot with municipal water, sewer, and electric already on-site for faster construction planning.

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Vacant Lot in Lewistown Borough
Vacant Lot in Lewistown Borough

122 Chestnut Street, Lewistown, PA 17044

Contact for pricing

Vacant lot with manufacturing-industrial zoning and available public utilities.

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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
MOBILE HOME PARK, TRAILER PARK

1752 Atherton St, State College, PA 16803

$6,225,000
Estimated value
27.47 AC lot
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329 Prospect Ave
Multifamily properties

329 Prospect Ave, State College, PA 16801

Value Estimation by Request
13,471 sqft
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401 Keller St
Multifamily properties

401 Keller St, State College, PA 16801

Value Estimation by Request
1,488 sqft · 0.49 AC lot
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2181 Whitehall Rd
Multifamily properties

2181 Whitehall Rd, State College, PA 16801

Value Estimation by Request
44.20 AC lot
View details
101 Grandview Rd
Multifamily properties

101 Grandview Rd, State College, PA 16801

Value Estimation by Request
4,940 sqft · 1.28 AC lot
View details
103 Westerly Pkwy
Multifamily properties

103 Westerly Pkwy, State College, PA 16801

Value Estimation by Request
936 sqft
View details
415 College Ave
Multifamily properties

415 College Ave, State College, PA 16801

Value Estimation by Request
49,750 sqft
View details
596 Pierson Dr
MOBILE HOME PARK, TRAILER PARK

596 Pierson Dr, State College, PA 16803-2263

Value Estimation by Request
29.48 AC lot
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Joyce Dr
MOBILE HOME PARK, TRAILER PARK

Joyce Dr, State College, PA 16801

Value Estimation by Request
3.79 AC lot
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State College, PA 16803
MOBILE HOME PARK, TRAILER PARK

State College, PA 16803

Value Estimation by Request
View details

State College, PA Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in State College, PA on our real estate platform. These investment opportunities span a total of 5,678 square feet of properties for sale, with an estimated market value of $1,184,000.

Sale prices for residential income properties in State College, PA start at $449,000, averaging $592,000, and reaching up to $735,000 — 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

Multifamily properties 3
Duplexes 1
Triplexes 1

Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify State College submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
16801 $449K
16803 $735K

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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