456 E Beaver Ave

Beaver Terrace is an 11-story condominium complex completed in 1969 that primarily offers one- and two-bedroom units configured for efficient, campus-oriented living. The exterior is utilitarian mid-century multifamily architecture with exterior lighting, sidewalks, and street-level access. Typical interiors feature compact, open floor plans with eat-in or efficiency kitchens, defined dining areas, family-room-adjacent layouts, a mix of carpet and water-resistant laminate or LVP flooring in renovated units, and full bathrooms with tub/shower or stall shower options. Many units include private balconies and pantry or breakfast areas; several listings note recent kitchen and bath renovations with modern appliances and updated finishes. Common building conveniences include elevators and on-site property management (ARPM) that handles rentals and parking arrangements; parking is not included but may be rented through the management office. The property holds an active student rental permit and most units are marketed or leased to Penn State students, with leasing policies accommodating up to three unrelated occupants. Located one block from Penn State University and close to downtown State College restaurants and shopping, the building supports a walkable, convenience-driven lifestyle and is frequently packaged in investor portfolio offerings alongside other nearby managed properties.