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Marjorie Dick Stuart

  • Cell 240-731-8079
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829-833 Elmwood St, STATE COLLEGE, PA – $545,000

  • $545k Price
  • 2,981 Sqft
  • .34 Acres
  • 25 DOM
  • $545k Price
  • 2,981 Sqft
  • .34 Acres
  • 25 DOM

829-833 Elmwood St

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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Essential Information

  • MLS® #PACE2515936
  • Price$545,000
  • Bathrooms0.00
  • Square Footage2,981
  • Acres0.34
  • Year Built1880
  • TypeMulti-Family
  • Sub-TypeQuad, Detached
  • StyleTraditional
  • StatusActive

Community Information

  • Address829-833 Elmwood St
  • AreaCollege Twp (16419)
  • SubdivisionLEMONT
  • CitySTATE COLLEGE
  • CountyCENTRE-PA
  • StatePA
  • MunicipalityCOLLEGE TWP
  • Zip Code16801

Amenities

  • AmenitiesBuilt-Ins
  • ParkingPaved Parking

Interior

  • HeatingBaseboard - Hot Water
  • CoolingNone
  • Has BasementYes
  • FireplaceYes
  • # of Fireplaces1

Appliances

Dishwasher, Dryer - Electric, Oven/Range-Electric, Refrigerator, Washer

Basement

Full, Interior Access, Outside Entrance, Partially Finished

Exterior

  • Exterior FeaturesDeck(s), Porch(es)
  • Lot DescriptionRear Yard
  • RoofArchitectural Shingle, Metal
  • FoundationBlock, Stone

Exterior

Shake, Shingle, Stucco, Vinyl Siding

Windows

Double Hung, Storm, Vinyl Clad, Wood Frame

School Information

  • DistrictSTATE COLLEGE AREA

Additional Information

  • Date ListedAugust 14th, 2025
  • Days on Market25
  • ZoningV

Listing Details

  • OfficeKissinger, Bigatel & Brower
  • Office Contact(814) 234-4000
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Listing information last updated on September 7th, 2025 at 8:03pm CDT.