Overview
Excellent investment opportunity in the heart of State College! This licensed student rental is approved for up to five occupants and is already leased for the 2026–2027 academic year, providing immediate rental income for its next owner. The home features four bedrooms, two full bathrooms including one in the basement, a spacious family room, and a versatile third-floor bonus area that offers additional living or study space. A walk-out basement includes a washer and dryer, adding everyday convenience for tenants. Ideally located near downtown State College, Penn State University, shopping,…
Listing updated: July 27, 2026 at 4:57 PM
Listed by:
Larry Walker (814) 404-6800, Kissinger, Bigatel & Brower, Co-Listing Agent: Jane Adams (814) 312-0818, Kissinger, Bigatel & Brower
Source: Bright MLS · MLS #PACE2519256
Property details
Your cost estimate
Est. monthly payment
Down payment
Based on $109,980 down (20% of list price), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.
Rates provided by Mable Loans.
Price history
| Date | Event | Price |
|---|---|---|
| Jul 27, 2026 | Pending | $549,900 |
| Jul 14, 2026 | Price reduced | $549,900(−$50,000) |
| Jun 25, 2026 | Listed for sale | $599,900 |
Location
116 E Irvin Avenue, State College, PA 16801
Est. monthly payment
at 20% down · $549,900 list
Tour for free, no strings attached
Mable Loans · Equal Housing Lender
NMLS #1949497
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This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
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