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*
For sale
Price cut: $21.4K (8/29)
$669,900
227-231 Strouse Ave, State College, PA 16803
6beds
7baths
3,664sqft
Townhouse
Built in 1981
-- sqft lot
$-- Zestimate®
$183/sqft
$-- HOA
What's special
Private decksLaundry areaWell-maintained condominium unitsFinished lower-level family roomWasher and dryer includedKitchen appliances includedCeiling cable heating
- 129 days
- 293
- 13
Zillow last checked:
Listing updated:
Listed by:
Annette Yorks 814-360-0140,
Perry Wellington Realty, LLC (814) 273-1446,
Listing Team: Annette Yorks Team
Source: Bright MLS,MLS#: PACE2519270
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
Basement
- Area: 400
Heating
- Baseboard, Ceiling, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 3,664
- Total interior livable area: 3,664 sqft
Property
Parking
- Total spaces: 8
- Parking features: Paved, Parking Lot
Accessibility
- Accessibility features: None
Features
- Pool features: None
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 18013,053B,0227
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Other
- Foundation: Other
Condition
- Very Good
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: State College
- Municipality: PATTON TWP
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $27,815
- Annual tax amount: $6,081
- Date on market: 6/10/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Bank Portfolio
- Inclusions: Kitchen Appliances, Washer / Dryers
- Exclusions: Tenant Belongings
- Ownership: Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2026 | Price change | $669,900-3.1%$183/sqft |
Source: | ||
| 8/7/2026 | Price change | $691,260-6%$189/sqft |
Source: | ||
| 6/10/2026 | Listed for sale | $735,000$201/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 16803
Nearby schools
Schools provided by the listing agent
- Elementary: Park Forest
- 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.






