Turnkey Investment Opportunity - Fully Rented Student Rental Near IUP.
Don't miss this income-producing investment property, fully leased though May 2027, providing immediate and reliable rental income. Ideally located just minutes from Indiana University of Pennsylvania (IUP), this well-maintained student rental is within walking distance of a convenience store, coffee shop, downtown shopping, restaurants, bars, and local recreation parks.
The second-floor unit features a recently updated kitchen with newer flooring, cabinets, and countertops, adding modern appeal for tenants. The property also includes a new gas boiler for efficient and dependable heating, along with the convenience of onsite washers and dryers for each unit.
With its strong rental history, desirable location and recent updates, this is an excellent opportunity for investors looking to expand their portfolio with a property that offers stable cash flow and long-term rental demand.
For sale
$169,900
626-628 Locust St, Indiana, PA 15701
6beds
2baths
--sqft
Duplex, Multi Family, Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Recently updated kitchenNewer flooring
- 47 days
- 239
- 5
Zillow last checked:
Listing updated:
Listed by:
Mark Kromer 724-349-1924,
HOWARD HANNA KUZNESKI & LOCKARD R.E. - INDIANA 724-349-1924
Source: WPMLS,MLS#: 1764496
Originating MLS: West Penn Multi-List
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Features
- Basement: Unfinished
Property
Parking
- Total spaces: 6
- Parking features: Off Street
Lot
- Size: 3,920 Square Feet
- Dimensions: 60 x 68 irregular
Details
- Zoning: R-2
- Zoning description: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Frame
- Roof: Other
Condition
- Year built: 1960
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Public Transportation
Location
- Region: Indiana
Financial & listing details
- Tax assessed value: $105,600
- Annual tax amount: $3,237
- Date on market: 7/13/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Listed for sale | $169,900 |
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: 15701
Nearby schools
Schools provided by the listing agent
- District: Indiana Area
Source: WPMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







