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Excellent investment opportunity in the heart of State College! This licensed student rental is approved for up to five occupants and is already leased for the 2026&2027 academic year, providing immediate rental income for its next owner. The home features four bedrooms, two full bathrooms including one in the basement, a spacious family room, and a versatile third-floor bonus area that offers additional living or study space. A walk-out basement includes a washer and dryer, adding everyday convenience for tenants. Ideally located near downtown State College, Penn State University, shopping, dining, and public transportation, this is a great addition to any investment portfolio.

Source: BRIGHT MLS, MLS#: PACE2519256

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  • Property Type
    Residential
  • Lot
    0.15 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 116 E IRVIN AVENUE


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/25/2026Source: BRIGHT MLS Added to Database
June 25, 2026
Listing provided courtesy of Kissinger, Bigatel & Brower- MLS# PACE2519256MLS ProviderContact Information: [email protected] - 8142344000