Welcome to this prime investment opportunity! This fully rented boarding house is conveniently located across the street from campus, offering unmatched accessibility. No student rental permit is required since the property is a boarding house, making it a hassle-free addition to your portfolio. Don't miss this rare chance to own a high-demand property in an unbeatable location! The building consists of 9 units: 1st floor - 3 bedroom, 1 bath apartment with a private bathroom and kitchen (unit 1). 2nd floor front - 2 boarding rooms (units 4&5) with a shared kitchen and bathroom. 2nd floor rear - 3 boarding rooms (units 8, 9, & 10) with a shared kitchen and bathroom. 3rd floor - 2 boarding rooms (units 6 & 7) who use a 2nd floor kitchen and bathroom). Basement - 1 bedroom, 1 bathroom apartment with a private bathroom, kitchen, and separate entrance (unit 11). Total rents $6,715/month. There are 9 parking spots that are fully rented and gross $8,260/year. APOD is available upon request. Schedule your tour today!
Sold for $715,000
$715,000
125 W Park Ave, State College, PA 16803
11beds
--baths
3,250sqft
Multi Family
Built in 1926
-- sqft lot
$740,600 Zestimate®
$220/sqft
$1,416 Estimated rent
Home value
$740,600
$667,000 - $822,000
$1,416/mo
Zestimate® history
Owner options
List your home for rent
$1,416/mo
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$1,416/mo
Rent Zestimate®
Refinance and save
$3,631/mo
Est. payment
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$3,631/mo
Est. payment
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List your homeWhat's special
Shared kitchen and bathroomPrivate bathroom and kitchen
Zillow last checked:
Listing updated:
Listed by:
Tracy Barter 814-883-5114,
RE/MAX Centre Realty,
Listing Team: The Tracy Barter Group
Bought with:
Tracy Barter, RS328804
RE/MAX Centre Realty
Source: Bright MLS,MLS#: PACE2513872
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
Basement
- Area: 750
Heating
- Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Combination
- Has fireplace: No
Interior area
- Total structure area: 3,250
- Total interior livable area: 3,250 sqft
Property
Parking
- Total spaces: 9
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 9,148 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 36004,291,0000
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Other
- Roof: Metal,Shingle
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: College Heights
Location
- Region: State College
- Municipality: STATE COLLEGE BORO
Financial & listing details
- Price per square foot: $220/sqft
- Tax assessed value: $73,800
- Annual tax amount: $5,803
- Date on market: 3/21/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Other,Bank Portfolio
- Inclusions: All Built In Appliances And Refrigerators.
- Exclusions: Tenant Possessions
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | $715,000$220/sqft |
Source:  Bright MLS #PACE2513872 Report a problem | ||
| 10/6/2025 | Pending sale | $715,000$220/sqft |
Source: Bright MLS #PACE2513872 Report a problem | ||
| 9/19/2025 | Listed for sale | $715,000$220/sqft |
Source: Bright MLS #PACE2513872 Report a problem | ||
| 9/8/2025 | Pending sale | $715,000$220/sqft |
Source: Bright MLS #PACE2513872 Report a problem | ||
| 8/11/2025 | Price change | $715,000-4.7%$220/sqft |
Source: Bright MLS #PACE2513872 Report a problem | ||
| 4/10/2025 | Listed for sale | $750,000$231/sqft |
Source: Bright MLS #PACE2513872 Report a problem | ||
| 3/24/2025 | Pending sale | $750,000$231/sqft |
Source: Bright MLS #PACE2513872 Report a problem | ||
| 3/21/2025 | Listed for sale | $750,000-15.6%$231/sqft |
Source: Bright MLS #PACE2513872 Report a problem | ||
| 7/1/2023 | Listing removed | $889,000$274/sqft |
Source: Bright MLS #PACE2305428 Report a problem | ||
| 2/7/2023 | Listed for sale | $889,000+14.7%$274/sqft |
Source: Bright MLS #PACE2305428 Report a problem | ||
| 11/16/2017 | Sold | $775,000-6.1%$238/sqft |
Source: Agent Provided Report a problem | ||
| 8/31/2017 | Pending sale | $825,000$254/sqft |
Source: RE/MAX CENTRE REALTY #51482 Report a problem | ||
| 8/25/2017 | Listed for sale | $825,000$254/sqft |
Source: RE/MAX CENTRE REALTY #51482 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 16803
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Nearby schools
GreatSchools rating
- 9/10Radio Park El SchoolGrades: K-5Distance: 0.7 mi
- 10/10State College Area High SchoolGrades: 8-12Distance: 1.5 mi
- 9/10Park Forest Middle SchoolGrades: 6-8Distance: 2.7 mi
Schools provided by the listing agent
- High: State College Area
- District: State College Area
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Pennsylvania
- Centre County
- State College
- 16803
- 125 W Park Ave
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