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227 - 231 Strouse AvenueState College, PA 16803Price: $669,900

  • Price: $669,900
  • Est. Mortgage of $/month
  • 157 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 7.11% last updated on Nov 12, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $669,900List Price
  • 3,664Square Feet
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*
Listed by Annette Yorks of Perry Wellington Realty,LLC

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

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More Info

Location Information

  • UsmAreaState College - Patton Twp

School Information

  • Elementary SchoolPark Forest
  • Elementary School Source3rd Party
  • High SchoolState College Area
  • High School DistrictState College Area
  • High School Source3rd Party
  • School District Source3rd Party

Location

  • Address227 - 231 Strouse Avenue
  • Building Number227 - 231
  • CountyCentre
  • DirectionsFrom Woodycrest/Toftrees: Continue on Waddle Road. Turn Right on Strouse Ave - Turn right to continue on Strouse. Property on Right.
  • IncorporatedcitynamePatton Twp
  • Living Area SourceEstimated
  • StatePA
  • TownState College
  • Zip16803

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat SystemBaseboard - Electric, Ceiling
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterElectric
  • Water SourcePublic

Basic Information

  • Broker NamePerry Wellington Realty, LLC
  • List Price$669,900
  • MLS Area MajorPatton Twp
  • MLS NumberPACE2519270
  • MLS Property TypeResidential Income
  • Price Per Square Foot205
  • StatusACT
  • Units3

Basic Information

Property

  • Lot Dimensions SourceAssessor
  • Lot Size Dimensions0.00 x 0.00
  • New Construction YNN
  • Number Of Units Leased3
  • Number Of Units Vacant1
  • Property ConditionVery Good
  • Property SubTypeTownhouse
  • ZoningR

Property Information

  • Area Total3,664
  • Area Total SourceEstimated
  • Below Grade Area Total400
  • Below Grade Area Total SourceEstimated

Other

  • Exclusionstenant belongings
  • Gross Income50475
  • Other UnitsUnit 1, Unit 2, Unit 3
  • View Count2

Tax Information

  • Assessment Year2026
  • Tax Assessment Amount$27,815
  • Tax Total Finished Sq Ft1,088
  • Tax Year2025
  • Taxes$6,081
  • Total Taxes Payment FrequencyAnnually

Parking

  • Parking FeaturesPaved Parking
  • Parking TypesParking Lot
  • Total Garage And Parking Spaces8

Building

  • BasementPartially Finished
  • Basement YNYes
  • Construction MaterialsOther
  • FoundationOther
  • Property StyleOther
  • Square Feet3,664
  • Stories2
  • Structure Design TypeInterior Row/Townhouse
  • Two Bedroom Units3
  • Year Built1981

Amenities

  • Other AmenitiesBasement
  • PoolNo Pool

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated November 13, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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