829-833 Elmwood St, State College, PA 16801

Local realty services provided by:ERA OakCrest Realty, Inc.
829-833 Elmwood St,State College, PA 16801
$489,000
  • 5 Beds
  • - Baths
  • 2,981 sq. ft.
  • Multi-family
  • Active
Listed by: scott g shamrock
Office: kissinger, bigatel & brower
MLS#:PACE2515936
Source:BRIGHTMLS

Price summary

  • Price:$489,000
  • Price per sq. ft.:$164.04

About this home

FOUR (4) UNIT INVESTMENT PROPERTY near Penn State University, the Village of Lemont, and downtown State College. Ideal for investors or an owner-occupant seeking affordable living — live in one unit and lease the other three. Situated on a 0.34-acre lot, the property includes two duplex-style buildings: Units 829 Suite A and Suite B are charming one-bedroom apartments, 831 is a meticulously kept two-story, two-bedroom apartment, and 833 is a large one-bedroom apartment with a formal living room, fireplace, a sunroom, and a porch. All units are leased through 2026. With some renovation, an older attached garage offers potential for added storage or another income stream. With strong rental demand and room for future rent increases, this property presents an excellent long-term investment. 24 Hour Notice Required so schedule your showing today!

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Home facts

  • Year built:1880
  • Listing ID #:PACE2515936
  • Added:182 day(s) ago
  • Updated:February 11, 2026 at 02:38 PM

Rooms and interior

  • Bedrooms:5
  • Living area:2,981 sq. ft.

Heating and cooling

  • Heating:Baseboard - Hot Water, Natural Gas

Structure and exterior

  • Roof:Architectural Shingle, Metal
  • Year built:1880
  • Building area:2,981 sq. ft.
  • Lot area:0.34 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$489,000
  • Price per sq. ft.:$164.04
  • Tax amount:$4,688 (2025)

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