Triplex

State College, PA Triplexes for Sale

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Albrightsville, PA Boalsburg, PA Bellefonte, PA Port Matilda, PA Julian, PA Centre Hall, PA Pleasant Gap, PA Coaldale, PA
Three-Unit Student Rental Property
Updated: Jul 19
Three-Unit Student Rental Property

820 S Pugh St, State College, PA 16801

$1,250,000
2,813 sqft
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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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
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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.

Adjacent 9-Unit Multifamily Portfolio
Adjacent 9-Unit Multifamily Portfolio

322 Railroad Street, Lilly, PA 15938

$600,000

Three adjoining residential buildings include recently renovated units and off-street parking in Lilly.

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9-Unit Apartment Portfolio
9-Unit Apartment Portfolio

322 Railroad Street, Lilly, PA 15938

$600,000

Three adjacent buildings include recently renovated units and connect to public water and public sewer systems.

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Three-Unit Triplex With Recent Improvements
Three-Unit Triplex With Recent Improvements

320 W 15th St, Tyrone, PA 16686

$195,000
2,701 sqft

Residential income property with three separate apartments, vinyl siding, and updates to the roof and second-floor water heating system.

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Brick Triplex with Original Details
Brick Triplex with Original Details

306 W 15th Street, Tyrone, PA 16686

$65,000

Three residential units retain period craftsmanship, with separate electric metering and off-street parking.

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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 6,077 square feet of properties for sale, with an estimated market value of $1,250,000.

Sale prices for three-family homes in State College, PA average $1,250,000 — 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

Duplexes 3
Triplexes 2
Apartment buildings 1
Quadplexes 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 $962.5K

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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