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Homes for sale in State College, PA | 824 Elmwood St, State College, PA 16801 | MLS# PACE2517818
Homes for sale in State College, PA | 824 Elmwood St, State College, PA 16801 | MLS# PACE2517818
Homes for sale in State College, PA | 824 Elmwood St, State College, PA 16801 | MLS# PACE2517818
Homes for sale in State College, PA | 824 Elmwood St, State College, PA 16801 | MLS# PACE2517818
Homes for sale in State College, PA | 824 Elmwood St, State College, PA 16801 | MLS# PACE2517818
44+
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$875,000

  • Beds Icon4 Beds
  • Beds Icon
    -- Bath
  • Beds Icon7,680sqft

824 Elmwood St, State College, PA 16801

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  • Quadruplex

  • Built in 1937

  • $-- HOA

  • 1.17 acres lot

  • $114/sq.ft

Description

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 ...

Continue Reading
  • Houzeo last checked: 27 Minutes ago
  • Listing updated: March 8, 2026 at 8:03 am
  • Listing Provided by: Satishchandra Brahmbhatt (561) 631-2389 , Krish R Patel (717) 887-5032 | Prime Realty Services (717) 305-2600
  • Source: Bright MLS-NJ | MLS#: PACE2517818 Bright MLS-NJ

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    4

  • County

    Centre Pa County

  • City

    State College

  • Neighborhood

    --

  • Year Built

    1937

  • HOA Fees

    -

  • Finished Area

    7,680 sqft

  • Lot Size

    1.17 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Bright MLS

  • MLS Number

    PACE2517818

  • MLS Status

    ACTIVE-BRIGHT

  • Days on Market

    3

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