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For sale
  • $735,000

    227-231 Strouse Ave, State College, PA 16803

    6beds
    7baths
    3,664sqft
    : 
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    Townhouse
    Built in 1981
    -- sqft lot
    $-- Zestimate®
    $201/sqft
    $-- HOA

    What's special

    Private decksLaundry areaWell-maintained condominium unitsFinished lower-level family roomWasher and dryer includedKitchen appliances includedCeiling cable heating
    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*
    41 days
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    433
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    17
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    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#: PACE2519270MLS Logo

      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: $201/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

        DateEventPrice
        6/10/2026Listed for sale$735,000$201/sqft
        Source: Bright MLS #PACE2519270 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 16803

        Getting around

        76 / 100
        Very Walkable
        36 / 100
        Some Transit
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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