227 - 231 Strouse Ave

State College, PA 16803
  • $735,000

    Price
  • 6

    Bed
  • 4

    Bath
  • 3,664

    SqFt

About the Listing PERR670 - 3249442

Don't miss this rare opportunity to own all three well-maintained condominium units located just minutes from Penn State University and conveniently situated along the CATA bus route. Whether you're looking to expand your investment portfolio or secure income-producing property in a highly desirable location, this package offers tremendous potential. Each of the three units features 2 bedrooms and 1.5 baths, along with private decks, kitchen appliances, and washer/dryers included. Unit 227 Strouse Avenue: Features a finished lower-level family room, laundry area, and bathroom. The basement bathroom remodel is scheduled for completion by the end of June 2026. Unit 229 Strouse Avenue: Offers a versatile lower-level family room that can also serve as a home office or den, along with a dedicated laundry area. Unit 231 Strouse Avenue: Includes a spacious lower-level family room, laundry area, and a full bathroom in the basement. Additional features include: Public water and sewer, Ceiling cable heating, Large private decks for each unit, Kitchen appliances included, Washer and dryer included in each unit, Strong rental potential due to proximity to Penn State University. Monthly condominium fee of $200 per unit covers: Common area maintenance, Exterior maintenance, Building insurance, Lawn care, Snow removal,Trash service. Properties offering three income-producing units in such a prime State College location are seldom available. Conveniently located near shopping, dining, public transportation, and Penn State University, this is an outstanding opportunity for investors seeking stable rental demand and long-term appreciation. Schedule your showing today and take advantage of this unique investment opportunity! *Photos are virtually stage and of only the vacant property currently*

Listing Highlights

Status Active
Days on Site 16
Property Type Multi-Family
MLS ® PACE2519270
Year Built 1981
Total Square Footage 3,664
Lot/Acreage 0.00 x 0.00
County Centre
School District State College Area
Elementary School Park Forest
High School State College Area

Interior Details

  • Bedrooms: 6
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond: Central A/C
  • Heating: Baseboard - Electric,Ceiling
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 3264
  • Below Ground Sq Ft: 400
  • Basement: Partially Finished
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No
  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Lot Dimensions: 0.00 x 0.00
  • Zoning: R
  • Roof:
  • Others: Very Good
  • Sewer: Public Sewer
  • Parking Features: Paved Parking,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $6,081
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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227 - 231 Strouse Ave State College, PA 16803

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Originating MLS: BRIGHT_MAIN

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