For sale

$400,000

616 E College Ave APT 305, State College, PA 16801

2beds

975sqft

$2,821/mo

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Condominium

Built in 1985

-- sqft lot

$387,300 Zestimate^®

$410/sqft

$245/mo HOA

What's special

Updated bathroom vanities

Great opportunity to add this Downtown State College condo to your investment portfolio or to provide housing for your PSU student. This spacious 2-bedroom, 2-full bath unit features updated LVP and carpet flooring, updated bathroom vanities, and newer kitchen countertops and appliances. Located just across the street from campus and steps away from all the amenities of Downtown State College, convenience doesn't get better than this. Fully leased through July 2027 ($2,680/month for 2026-2027). A solid income-producing property. Furniture package and an active rental permit included. One of the sellers is a licensed real estate agent in the Commonwealth of Pennsylvania.

87 days

436

10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2

Rooms

Room types: Living Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1, Bathroom 2

Bedroom 1

Features: Flooring - Carpet
Level: Main
Area: 216 Square Feet
Dimensions: 12 X 18

Bedroom 2

Features: Flooring - Carpet
Level: Main
Area: 120 Square Feet
Dimensions: 10 X 12

Bathroom 1

Features: Flooring - Tile/Brick
Level: Main

Bathroom 2

Features: Flooring - Tile/Brick
Level: Main

Kitchen

Features: Flooring - Luxury Vinyl Plank
Level: Main
Area: 90 Square Feet
Dimensions: 9 X 10

Living room

Features: Flooring - Luxury Vinyl Plank
Level: Main
Area: 224 Square Feet
Dimensions: 14 X 16

Heating

Baseboard, Electric

Cooling

Wall Unit(s), Electric

Appliances

Included: Dishwasher, Oven/Range - Electric, Electric Water Heater
Laundry: In Basement

Features

Open Floorplan, Eat-in Kitchen, Kitchen - Galley, Primary Bath(s), Upgraded Countertops, Walk-In Closet(s)
Flooring: Carpet
Has basement: No
Has fireplace: No

Interior area

Total structure area: 975
Total interior livable area: 975 sqft
Finished area above ground: 975
Finished area below ground: 0

Property

Parking

Parking features: Parking Lot

Accessibility

Accessibility features: None

Features

Levels: Seven
Stories: 7
Pool features: None

Details

Additional structures: Above Grade, Below Grade
Parcel number: 36014,006,0305
Zoning: R
Special conditions: Standard

Construction

Type & style

Home type: Condo
Architectural style: Traditional
Property subtype: Condominium
Attached to another structure: Yes

Materials

Brick, Other
Foundation: Other

Condition

New construction: No
Year built: 1985

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Main Entrance Lock
Condo and coop fee: $245 monthly
Subdivision: University Gateway

HOA

Has HOA: No
Amenities included: None
Services included: Common Area Maintenance, Sewer, Trash, Water

Location

Region: State College
Municipality: STATE COLLEGE BORO

Financial & listing details

Price per square foot: $410/sqft
Tax assessed value: $32,305
Annual tax amount: $2,768
Date on market: 5/1/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Ownership: Condominium

Estimated market value

$387,300

$368,000 - $407,000

$1,517/mo

Price history

Date	Event	Price
5/1/2026	Listed for sale	$400,000$410/sqft
Source: Bright MLS #PACE2518750 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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