884 Wayne Ave Indiana, PA ^$ 825,000

884 Wayne Ave

^$ 825,000

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884 Wayne Ave

Indiana, PA, 15701

^$ 825,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 5,147

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Commercial Property for sale in Indiana, PA

for $825,000. This building was built in 1970 on a lot size of 0.1102.

Rare 22-Bed Student Housing Property Near IUP! Just steps from Indiana University of Pennsylvania, this 22-bed building is a unique opportunity to own a large-scale student rental in a prime location. With strong housing demand from the nearby university, this property offers exceptional long-term potential for investors. Spacious layouts, convenient access to campus, and the scale to generate impressive returns make this a must-see. Properties of this size and proximity to campus rarely come available — schedule your showing today!

Commercial Active

Price

^$ 825,000

Property Type

Commercial

Taxes

^$ 14,777

Style

Lot Size

0.1102

Year Built

1970

Town/City

Indiana

County/Region

Indiana

MLS | Web ID

1718225

Features

General

Utilities ElectricityAvailable NaturalGasAvailable SewerAvailable WaterAvailable

Zoning MU-1

Construction Materials Brick

Year Built 1970

Property Subtype Apartment

Gross Income 132000.0

County Indiana

Net Operating Income 51560.0

Insurance Expense 7900.0

New Construction N

Property Type CommercialSale

HOA N

Attached Garage N

MaintenanceExpense 2000.0

Garage Y/N N

Status Active

City Indiana Boro

Senior Community Y/N N

Zoning Description MU-1

MLS Area Indiana Boro - IND

Lot Size Units Acres

Carport Y/N N

Land Lease Y/N N

Tax Annual Amount 14777.0

Home Warranty Y/N N

Lease Renewal Y/N N

MLS Area Minor Indiana Boro - IND

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Tenant

Tax Assessed Value 490000

Property Sub Type Additional Apartment

Exterior

Lot Size Area 0.1102

Spa N

Lot Dimensions 40 X 120

Lot Size Acres 0.1102

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Total Baths 0

Internal Only

Street Number 1 884

* Excluded Features

List By

Dakota Smith

Listing Agent

Realty One Group Landmark

Broker

dakotasmithrog@gmail.com

Affordability Calculator

$6,378

Per Month

Monthly Principal & Interest: $5,147
Monthly Property Taxes: $1,231
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Indiana, PA

Average List Price ^$525,440

Percent of Sale Price 36%

About Indiana, PA

13,587 Population

-9% Since 2002

^$30,447 Median Income

23.17 Median Age

13% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/29/2025	$825,000		Listed Price

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884 Wayne Ave, Indiana, PA, 15701 is a Commercial Property for sale at $825,000 with a lot size of 0.1102. 884 Wayne Ave was built in 1970. The property's zip code is 15701 which is in Indiana, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the West Penn Multi-List.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the West Penn Multi-List. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/6/2025.

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884 Wayne Ave

Commercial Property for sale in Indiana, PA

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