1307-1309 University Dr, State College, PA 16801
Local realty services provided by:ERA Liberty Realty
1307-1309 University Dr,State College, PA 16801
$425,000
- 4 Beds
- - Baths
- 1,800 sq. ft.
- Multi-family
- Pending
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 highlights include ample off-street parking and a large, flat backyard. With a solid rental history, and a location that continues to attract steady demand, this duplex is a smart and seamless addition to any investment portfolio. This sale will be a part of a 1031 Exchange....
Contact an agent
Home facts
- Year built:1971
- Listing ID #:PACE2518622
- Added:20 day(s) ago
- Updated:May 14, 2026 at 07:41 AM
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
New listings near 1307-1309 University Dr
- New
$635,000Active3 beds 3 baths2,761 sq. ft.219 S Patterson St, STATE COLLEGE, PA 16801
MLS# PACE2518924Listed by: KELLER WILLIAMS ADVANTAGE REALTY - New
$430,000Active3 beds 3 baths2,340 sq. ft.455 Windmere Dr #3b, STATE COLLEGE, PA 16801
MLS# PACE2518926Listed by: KISSINGER, BIGATEL & BROWER - Open Sun, 12 to 1:30pmNew
$349,900Active3 beds 1 baths914 sq. ft.366 Strouse Ave, STATE COLLEGE, PA 16803
MLS# PACE2518758Listed by: KISSINGER, BIGATEL & BROWER - Open Sun, 12 to 1:30pmNew
$700,000Active5 beds 5 baths4,316 sq. ft.377 Florence Way, STATE COLLEGE, PA 16801
MLS# PACE2518762Listed by: KISSINGER, BIGATEL & BROWER - New
$249,000Active3 beds 2 baths1,428 sq. ft.570 Galen Dr, STATE COLLEGE, PA 16803
MLS# PACE2517924Listed by: KISSINGER, BIGATEL & BROWER - New
$402,500Active3 beds 3 baths2,190 sq. ft.367 Oakwood Ave, STATE COLLEGE, PA 16803
MLS# PACE2518910Listed by: KISSINGER, BIGATEL & BROWER - Open Sun, 11am to 1pmNew
$334,900Active3 beds 2 baths1,560 sq. ft.230 Fawn Valley Rd, STATE COLLEGE, PA 16803
MLS# PACE2518890Listed by: EXP REALTY, LLC - New
$259,000Active3 beds 1 baths1,104 sq. ft.1152 S Atherton St, STATE COLLEGE, PA 16801
MLS# PACE2518906Listed by: YOCUM REAL ESTATE CENTRE, LLC - New
$229,900Active2 beds 2 baths992 sq. ft.324 Amblewood Way, STATE COLLEGE, PA 16803
MLS# PACE2518800Listed by: KISSINGER, BIGATEL & BROWER - New
$415,000Active4 beds -- baths1,638 sq. ft.101 E Aaron Dr, STATE COLLEGE, PA 16803
MLS# PACE2518894Listed by: RE/MAX CENTRE REALTY