$8,051 Closing Credit¹
#PACE2513818, Jie Peng, Listing Office: RE/MAX Centre Realty
$750,000 List price
125 W Park Ave State College, PA 16803
$8,906
Closing credit¹
3,250 sqft
0.2 acres
$231 / sqft
House
Property details
About 125 W Park Ave
Welcome to this prime investment opportunity! This fully rented boarding house is conveniently located across the street from campus, offering unmatched accessibility. No student rental permit is required since the property is a boarding house, making it a hassle-free addition to your portfolio. Don't miss this rare chance to own a high-demand property in an unbeatable location! The building consists of 9 units: 1st floor - 3 bedroom, 1 bath apartment with a private bathroom and kitchen (unit 1). 2nd floor front - 2 boarding rooms (units 4&5) with a shared kitchen and bathroom. 2nd floor rear - 3 boarding rooms (units 8, 9, & 10) with a shared kitchen and bathroom. 3rd floor - 2 boarding rooms (units 6 & 7) who use a 2nd floor kitchen and bathroom). Basement - 1 bedroom, 1 bathroom apartment with a private bathroom, kitchen, and separate entrance (unit 11). Total rents $6,715/month. There are 9 parking spots that are fully rented and gross $8,260/year. APOD is available upon request. Schedule your tour today!
Highlights
Home typeOther
HeatingHot Water
StatusActive
(ACTIVE)
(ACTIVE)
Size3,250 sqft
BasementYes
Lot size0.21 Acres
Year built1926
ParkingOff Street
MLS #PACE2513872
Summary
- Basement: Yes
- Parking: Off Street
- Architectural Style: Other
- Heating: Hot Water
- Cooling: None
- List Price: $750,000
- Price/SqFt: $230
- Annual Tax Amount: $5,443
- Tax Year: 2024
- Directions: Atherton Street to Park Avenue, property is on the left across from campus.
- Year Built: 1926
- Living Area: 3,250 SqFt
- Municipality: State College Boro
- Lot Size: 0.21 Acres
- MLS Number: PACE2513872
- MLS Name: BRIGHT
- Office Name: RE/MAX Centre Realty
- Office Phone: (814) 231-8200
- Office Email: info@statecollegehomes.com
- Listing Agent: Tracy Barter
- Agent Phone: (814) 883-5114
- Agent Email: tracy@statecollegeliving.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$750,000
125 W Park Ave
$8,906
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 16, 2017 | Home Sold | $775,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $73,800 | $5,443 |
| 2023 | $73,800 | $5,443 |
| 2022 | $73,800 | $4,864 |
| 2021 | $73,800 | $5,327 |
| 2020 | $73,800 | $4,748 |
| 2019 | $73,800 | $4,638 |
History based on county public records data.
Nearby schools
7
Radio Park Elementary
Public District KG-5
0.7 mi
•800 W Cherry Ln
7
Corl Street Eementary
Public District KG-5
1.2 mi
•235 Corl St
5
Easterly Parkway Elementary
Public District KG-5
1.4 mi
•234 Easterly Pkwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $105,682. The most common annual income of people living in State College, PA is between $100k-200k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
21%
<35k
27%
35k-100k
33%
100k-200k
19%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
57%
Single, No Kids
2%
Single, with Kids
25%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
37%
18-34 yrs old
33%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Men's Tennis
Skiing/snowboarding
Where do the neighbors shop?
H&M
Bloomingdales
Nordstrom
Where do the neighbors go to eat?
Dominos Pizza
Bonefish Grill
California Pizza Kitchen
What do the neighbors drive?
Audi
Lexus
BMW
What do the neighbors listen to?
Alternative
News
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 125 W Park Ave
The listing price of 125 W Park Ave property is $750,000.
The property 125 W Park Ave is a house located in State College, Pennsylvania, 16803.
Active Listing: 125 W Park Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 125 W Park Ave are: Radio Park Elementary (GreatSchools Rating 7/10), Corl Street Eementary (GreatSchools Rating 7/10), Easterly Parkway Elementary (GreatSchools Rating 5/10), Young Scholars of Central PA Charter School (GreatSchools Rating 6/10), Centre Learning Community Charter School (GreatSchools Rating 7/10), Park Forest Middle School (GreatSchools Rating 7/10), State College Area High School (GreatSchools Rating 9/10), Bellefonte Area High School (GreatSchools Rating 5/10), Bald Eagle Area Jr/Sr High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $5,443 (source: MLS/based on county public records data).
The last sale was on November 16, 2017 for $775,000 (source: MLS/tax record).
The property at 125 W Park Ave has 0 bathroom.
The property 125 W Park Ave is 3,250 SqFt (source: MLS/tax record).
The year of construction for 125 W Park Ave is 1926.
This home is located at 125 W Park Ave in State College, PA and zip code 16803. This 3,250 square foot home, which was built in 1926, sits on a 0.21 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $750,000.
The number of listings in State College, PA increased by 60.2% between March and April 2025. While the average time on the market in April 2025 was 63 days, the median list price was $434,950.
From Rocket Homes Real Estate and based on county public records data.