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    State College, PA Triplexes for Sale

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    Three-Unit Condominium Triplex
    Updated: Jun 16
    Three-Unit Condominium Triplex

    227 Strouse Avenue, State College, PA 16803

    Contact for pricing
    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
    View details
    Three-Unit Student Rental Property
    Updated: Jun 26
    Three-Unit Student Rental Property

    820 S Pugh Street, State College, PA 16801

    $1,350,000
    1940‑built, R3H‑zoned 3‑unit home currently rented under a single lease
    Currently configured as 5 bedrooms, 3 full baths, and 3 kitchens; presently occupied by 8
    Permits on file for up to 13 occupants
    Recent updates include remodeled kitchens and bathrooms, plus a new deck and all‑new water heaters
    Zero vacancy history with the same tenant group (Penn State Snowboard Club) for 4 years, with plans to continue occupancy
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Triplex with Private Exterior Entrance
    Triplex with Private Exterior Entrance

    1312 Mill Run Road, Altoona, PA 16601

    $475,000
    6,764 sqft 1.46 AC lot

    Brick triplex on 1.46-acre lot with central AC, private exterior entrance, and a propane generator.

    View details
    Turn-Key Triplex Rental Investment
    Turn-Key Triplex Rental Investment

    815 North 2nd Street, Altoona, PA 16601

    $200,000
    3,273 sqft

    Three fully rented units generate monthly income, with tenants paying utilities except water and sewer.

    View details
    17-Unit Apartment Investment Portfolio
    17-Unit Apartment Investment Portfolio

    615-617 2nd Street, Cresson, PA 16630

    $1,100,000

    Portfolio includes public water and public sewer across multiple buildings with metal and shingle roofing.

    View details
    Quadplexes Portfolio Investment
    Quadplexes Portfolio Investment

    615-617 2nd Street, Cresson, PA 16630

    $1,100,000

    Off-street parking and public utilities support a 17-unit, multi-building portfolio across Cresson and Lilly.

    View details

    State College, PA Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in State College, PA on our real estate platform. These investment opportunities span a total of 3,264 square feet of properties for sale, with an estimated market value of $1,350,000.

    Sale prices for three-family homes in State College, PA average $1,350,000 — 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

    Quadplexes 3
    Apartment buildings 2
    Duplexes 2
    Triplexes 2

    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 $1.4M

    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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    Popular Searches in State College, PA

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    Most Searched ZIP Codes in State College, PA

    • 16801
    • 16803

    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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