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829-833 Elmwood St, 
State College, PA 16801

$545,000


5

Beds


Bath


2,981

Sq Ft


Multi-Family

Active

Listed by

Scott G Shamrock

Kissinger, Bigatel & Brower

Last updated:

September 11, 2025, 01:39 PM

MLS#

PACE2515936

Source:

BRIGHTMLS

About This Home

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!

Home Facts

Multi-Family

5 Bedrooms

Built in 1880

Price Summary

545,000

$182 per Sq. Ft.

MLS #:

PACE2515936

Last Updated:

September 11, 2025, 01:39 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,981 Sq. Ft.

Year Built:

1880


Lot

Lot Size (Sq. Ft):

14,810


Finances & Disclosures

Finances

Price:

$545,000

Price per Sq. Ft:

$182 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. © 2025 Bright MLS All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.