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MLS: #PACE2517818, Listed By: Satishchandra Brahmbhatt, Prime Realty Services, Source:Bright MLS

824 Elmwood Street

STATE COLLEGE, PA 16801
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Bed 10

Bed

Bath 0

Bath

SqFt7,680

Sqft

Acres1.17

Acres(Lot)

Secure a high-performance asset in the heart of Happy Valley. This 1.17-acre creek-front property features two income-producing duplexes (4 units total) with guaranteed cash flow through July 31, 2026. The Investment at a Glance: • Total Monthly Revenue: $5,725 ($68,700 Gross Annual) • Proven Stability: 100% occupied with all leases secured through Summer 2026 • Low Maintenance: Rear duplex features a brand-new shingle roof (2025) • Prime Location: Minutes to Penn State University, Lemont, and Rt. 322. Backs directly to Spring Creek Property Breakdown: • 824 & 828 Elmwood: All-brick duplex featuring two spacious 5BR/2BA units with covered porches, private basements, and a separate laundry room located in the rear of the building. Combined rent: $3,275/month. • 830 & 832 Elmwood: Wood-side d duplex featuring one 1BR unit and one 4BR unit. Combined rent: $2,450/month. Rarely does a property combine this level of acreage, water views, and turnkey rental history in the State College market. Don’t miss this opportunity to add a strong performing asset to your investment portfolio.

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Detail Ic Property Details

Property Type : Residential Income

Price : $875,000

AD Id : 75974668

MLS Id : PACE2517818

Beds : 10

Lot Size : 1.17 Acres

Living Area Size : 7,680

Year Built : 1937

County : CENTRE

Subdivision: St Clair

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Map

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Feature Features

  • Bedroom Information

    Total beds: 10

    Room Information

    Rooms Total: 15 Has Basement: Yes Basement: Full
  • Flooring Information

    Laminate, Wood, Hardwood, Vinyl
  • Roofing Information

    Shingle
  • Interior Features

    High Ceilings, Built-in Features Roof: Shingle Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Hot Water Cooling: None

  • Building Information

    Year Built: 1937 Building Area Total: 7680 Construction Materials: Brick Patio And Porch Features: Porch Pool Features: None Private Pool: No Water front Features: Stream View: Water, Creek/Stream, Trees/Woods
  • Exterior Features

    Exterior Features: Balcony

  • Lot Information

    Lot Dimensions: 0.00 x 0.00 Lot Size Acres: 1.17 Lot Size Source: Estimated Lot Size Square Feet: 50965.2

    Property Information

    Subdivision: LEMONT Source Property Type: Residential Income Postal Code Plus 4: 7057 Property SubType: Quadruplex Property Age: 89

  • Listing Price Information

    Listing Price: $875000

  • Tax Information

    Parcel Number: 19-014-,017A,0000- Tax Year: 2025 Annual Tax: $7200

  • Parking Information

    Asphalt, Off Street, Driveway, Parking Lot

  • Utility Information

    Electricity Available
  • Location Information

    Direction: Use GPS. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
829-833 Elmwood Street, State College, PA, 16801 $469,000 5 -- 2,981 2,981 SqFt
159 Lower Grandview Road, State College, PA, 16801 $449,000 3 -- 2,414 2,414 SqFt
610-676 Southgate Drive, State College, PA, 16801 $5,595,000 58 -- 960 960 SqFt

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ByOwner last updated this listing 06/18/2026 @ 13:28

MLS: PACE2517818 LISTED BY: Satishchandra Brahmbhatt, Prime Realty Services 717-305-2600 SOURCE: Bright MLS

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