About 829-833 Elmwood St
FOUR (4) UNIT INVESTMENT PROPERTY near Penn State University, the Village of Lemont, and downtown State College. Ideal for investors or an owner-occupant seeking affordable living — live in one unit and lease the other three. Situated on a 0.34-acre lot, the property includes two duplex-style buildings: Units 829 Suite A and Suite B are charming one-bedroom apartments, 831 is a meticulously kept two-story, two-bedroom apartment, and 833 is a large one-bedroom apartment with a formal living room, fireplace, a sunroom, and a porch. All units are leased through 2026. With some renovation, an older attached garage offers potential for added storage or another income stream. With strong rental demand and room for future rent increases, this property presents an excellent long-term investment. 24 Hour Notice Required so schedule your showing today!
Features of 829-833 Elmwood St
| MLS® # | PACE2515936 |
|---|---|
| Price | $518,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,981 |
| Acres | 0.34 |
| Year Built | 1880 |
| Type | Multi-Family |
| Sub-Type | Quad, Detached |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 829-833 Elmwood St |
|---|---|
| Area | College Twp (16419) |
| Subdivision | LEMONT |
| City | STATE COLLEGE |
| County | CENTRE-PA |
| State | PA |
| Municipality | COLLEGE TWP |
| Zip Code | 16801 |
Amenities
| Amenities | Built-Ins |
|---|---|
| Parking | Paved Parking |
| Is Waterfront | No |
Interior
| Appliances | Dishwasher, Dryer - Electric, Oven/Range-Electric, Refrigerator, Washer |
|---|---|
| Heating | Baseboard - Hot Water |
| Cooling | None |
| Has Basement | Yes |
| Basement | Full, Interior Access, Outside Entrance, Partially Finished |
| Fireplace | Yes |
| # of Fireplaces | 1 |
Exterior
| Exterior | Shake, Shingle, Stucco, Vinyl Siding |
|---|---|
| Exterior Features | Deck(s), Porch(es) |
| Lot Description | Rear Yard |
| Windows | Double Hung, Storm, Vinyl Clad, Wood Frame |
| Roof | Architectural Shingle, Metal |
| Foundation | Block, Stone |
School Information
| District | STATE COLLEGE AREA |
|---|
Additional Information
| Date Listed | August 14th, 2025 |
|---|---|
| Days on Market | 63 |
| Zoning | V |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Kissinger, Bigatel & Brower |
|---|---|
| Contact Info | (814) 234-4000 |