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824-832 Elmwood St, 
State College, PA 16801

$899,000


1

Bed


Bath


3,034

Sq Ft


Multi-Family

Active

Listed by

Ryan S Lowe

RE/MAX Centre Realty, 8142318200, info@statecollegehomes.com

Last updated:

January 17, 2026, 03:44 PM

MLS#

PACE2517280

Source:

BRIGHTMLS

About This Home

824-832 Elmwood St

Excellent Investment Opportunity in State College. Add two fully rented duplexes to your portfolio with this rare offering on Elmwood Street. Situated on 1.17 acres backing to Spring Creek in a fantastic location near Glenn Park, Slab Cabin Park & the beloved village of Lemont, plus shopping, local eateries, downtown State College, Penn State University & quick access to Route 322/Mt. Nittany Expressway, this property combines strong rental history with unbeatable convenience. The front brick duplex at 824/828 Elmwood Street features a covered front porch & a covered rear second‑floor porch. Each unit offers 5 bedrooms & 2 full bathrooms, with leases in place through July 31, 2026. Current lease amounts: Unit #824 is $1,625/month & Unit #828 Elmwood is $1,650/month. Tenants pay electric, cable/internet, & natural gas. The rear wood‑sided duplex at 830/832 Elmwood Street boasts a new shingle roof installed in 2025. Unit 830 includes 1 bedroom & 1 full bathroom with a lease amount of $1,025/month, while Unit 832 offers 4 bedrooms & 1 full bathroom with a lease amount of $1,425/month. Leases are secured through July 31, 2026. Tenants pay electric and cable/internet, while the owner covers natural gas for these units. This fully leased property offers secured rental agreements through 2026, ensuring reliable future income & long‑term potential in one of the most desirable areas of Happy Valley.

Home Facts

Multi-Family

1 Bedroom

Built in 1937

Price Summary

899,000

$296 per Sq. Ft.

MLS #:

PACE2517280

Last Updated:

January 17, 2026, 03:44 PM

Added:

9 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1


Structure

Structure

Architectural Style:

Traditional

Building Area:

3,034 Sq. Ft.

Year Built:

1937


Lot

Lot Size (Sq. Ft):

50,965


Finances & Disclosures

Finances

Price:

$899,000

Price per Sq. Ft:

$296 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.