157 First Avenue
STATE COLLEGE, PA 16801
- – beds
- – baths
- 1,830 sqft
- 13,068 sqft lot
- $142 per sqft
- 1970 build
Fantastic Investment Opportunity for a Fully Rented Duplex in State College Area. If you’ve been looking for a great investment property or the perfect opportunity to live in one unit while renting out the other, this fully rented duplex is a must-see! Located in the highly desirable State College Area, this well-maintained property offers two separate living spaces with excellent rental potential. The main unit features a spacious 3-bedroom, 1-bath layout with over 1,200 sq. ft. of living space upstairs, providing plenty of room for tenants or an owner-occupant. The lower-level unit is a cozy 1-bedroom with 600+ sq. ft., offering great flexibility for additional rental income. Both units are equipped with all-electric heat, making maintenance and utility management simple. A shared laundry area adds convenience for tenants, while the detached two-car garage provides valuable additional storage or the potential for extra rental income. With both units currently rented, this property is a turnkey investment. Whether you’re a seasoned investor or just getting started, this duplex is an excellent opportunity in a prime location close to shopping, restaurants, PSU, and everything State College has to offer. Don’t miss out on this fantastic chance to grow your investment portfolio or secure a home with rental income potential! Schedule your showing today, in-person viewings only.
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Last updated Feb 10, 2025
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MLS# PACE2513136 —
The Building
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Year Built:1970
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Year Built Source:Assessor
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Roof:Shingle
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New Construction:No
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Construction Materials:Aluminum Siding
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Building Units Total:2
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Structure Type:Twin/Semi-Detached
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Architectural Style:Raised Ranch/Rambler
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Accessibility Features:None
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Foundation Details:Block
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Basement:Yes
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Basement Type:Full, Partially Finished
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Total SqFt Source:Estimated
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Total Below Grade SqFt:1215
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Total Below Grade SqFt Source:Estimated
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Tax Total Finished SqFt:1822
Interior
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Fireplace:No
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2430
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Living Area SqFt:1,830 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:Subject to Existing Lease
Location
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Directions:E Branch Road, Right onto Dale Street, Left onto Mulberry Street, Continue onto 1st Ave - Property will be on your right.
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Latitude:40.82190000
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Longitude:-77.80758000
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.30
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Lot Size Source:Assessor
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:13,068 Sqft
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Inclusions:Refrigerator, Range, Dishwashers
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Exclusions:Washer, Dryer
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Zoning:R1
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Road Surface Type:Paved
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Road Responsibility:Boro/Township
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Outdoor Living Structures:Deck(s)
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (814) 280-5699
- Office phone:
- (814) 234-4000
Taxes
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Tax ID Number:19-022-,012-,0000-
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Tax Year:2024
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Tax Annual Amount:$2,490
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Tax Assessed Value:$38,390
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Year Assessed:2022
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:Circuit Breakers
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Hot Water:Electric
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Water Source:Public
Schools
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School District Name:State College Area
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Total Garage and Parking Spaces:8
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Garage:No
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Type of Parking:Detached Carport, Driveway
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Parking Features:Crushed Stone
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# of Detached Carport Spaces:2
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Driveway - # of Spaces:6
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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One Bedroom Units:1
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/7/25
Feb 7, 2025
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Listed / Active | BRIGHT | $260,000 |