1307-1309 University Dr, State College, PA 16801

State College
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
1307-1309 University Dr,State College, PA 16801
$425,000
  • 4 Beds
  • - Baths
  • 1,800 sq. ft.
  • Multi-family
  • Active
Listed by: ryan s lowe
Office: re/max centre realty
MLS#:PACE2518622
Source:BRIGHTMLS

Price summary

  • Price:$425,000
  • Price per sq. ft.:$236.11

About this home

Located in the heart of State College Borough and less than two miles from Penn State University, this fully rented duplex offers an exceptional investment opportunity with current rental permits and STUDENT HOME LICENSES already in place—a true advantage for investors. Situated along the CATA bus route, the property benefits from consistent tenant demand in a highly desirable location. Each 900 sq. ft. unit features hardwood floors, living room, kitchen with included refrigerators & ranges, 2 bedrooms, 1 full bathroom, unfinished basements provide ample storage, electric ceiling heat and are separately metered, with tenants responsible for all utilities. The property is zoned R-2 and has been well maintained, including a roof replacement in 2016 and double-pane replacement windows. Unit 1307 is leased at $1,400/month through 7/29/26, while Unit 1309 is leased at $1,340/month plus a $40/month pet fee through 7/29/26—providing strong, reliable income from day one. Additional...

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Home facts

  • Year built:1971
  • Listing ID #:PACE2518622
  • Added:1 day(s) ago
  • Updated:April 25, 2026 at 01:39 PM

Rooms and interior

  • Bedrooms:4
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:1,800 sq. ft.

Heating and cooling

  • Heating:Ceiling, Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1971
  • Building area:1,800 sq. ft.
  • Lot area:0.37 Acres
  • Architectural Style:Ranch/Rambler
  • Construction Materials:Brick
  • Exterior Features:Porch(es)
  • Foundation Description:Block

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$236.11
  • Tax amount:$5,470 (2025)

Parking

  • Parking description:Off Street

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