440 W Foster Avenue State College, PA ^$ 1,200,000

440 W Foster Avenue

^$ 1,200,000

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440 W Foster Avenue

State College, PA, 16801

^$ 1,200,000

Bedrooms-- Baths-- Sq 5,184

Monthly Estimate*

^$ 7,486

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Commercial Property for sale in State College, PA

for $1,200,000. This 5,184 square foot building was built in 1930 on a lot size of 0.27.

7 unit Borough student rental in the R3H zoning district. Property in great condition with newer windows, roof, gutters and downspouts.7 parking spaces off Sparrow Alley. 7 one bedroom with study units. Coin operated laundry in basement. Interior fire escape on back of building with access from all 6 units on floors 1-3. Radon system in place. Fully rented. Situated one block to S Atherton St location is easy walk or bike ride to PSU and downtown restaurants, nightlife and shopping. 434 W Foster Ave is a vacant building lot next door owned by seller and there are 6 parking spaces. Lot available for purchase for $300,000.

Commercial Pending

Price

^$ 1,200,000

Property Type

Commercial

Taxes

^$ 8,706

Style

Apartment Building

Lot Size

0.27

Year Built

1930

Town/City

State College

County/Region

Centre

MLS | Web ID

PACE2516888

Features

Interior

Heating Fuel Natural Gas

Flooring Solid Hardwood

Hot Water Electric

Total Stories 4

Heating Y/N Y

Central Air Y/N N

General

Sewer Public Sewer

Heating Radiator Steam

Cooling None

Possession Immediate Negotiable Settlement Subject to Existing Lease

Roof Shingle

Zoning R3H

Construction Materials Brick

Year Built 1930

Property Subtype Five Or More Units

Tax Year 2025

Ownership Fee Simple

Cool Fuel None

Municipality STATE COLLEGE BORO

Business Type Apartment Building

Accessibility Other

County CENTRE

New Construction N

Property Type Commercial Sale

Subdivision Name STATE COLLEGE BORO

Water Access Y/N N

Status PENDING

Directions S Atherton to W. Foster property is on the corner of S Barnard.

City STATE COLLEGE

Disclosures None

Number Of Units Total 7

MLS Area State College Boro (16436)

Lot Size Units Square Feet

Lot Size Square Feet 11761.00

Tax Annual Amount 8706.0

Property Condition Excellent

Price Per Sq Ft Total AG 231.48

Acceptable Financing Bank Portfolio Cash

Vacation Rental Y/N N

Location Type Urban

Standard Status Pending

Year Built Source Estimated

Exterior

Parking Features Private

Lot Features Additional Lot(s) Corner

Water Source Public

Inclusions All kitchen appliances and washer and dryer in basement

Type of Parking Parking Lot

Foundation Details Block

Water View Y/N N

Building Area Total 5184.00

Lot Dimensions 0.00 x 0.00

Lot Size Acres 0.27

Road Surface Type Paved

Lot Size Source Assessor

Waterfront Y/N N

Road Responsibility Boro/Township

Land Assessed Value 57850.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 440

* Excluded Features

List By

Kissinger, Bigatel & Brower

Broker

ellenkline@aol.com

Affordability Calculator

$8,212

Per Month

Monthly Principal & Interest: $7,486
Monthly Property Taxes: $726
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 State College, PA

Average List Price ^$1,094,813

Percent of Sale Price 9%

About State College, PA

43,183 Population

13% Since 2002

^$36,085 Median Income

21.27 Median Age

10% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/1/2025	$1,200,000	-33.33%	Price Down
11/11/2025	$1,799,900		Listed Price

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440 W Foster Avenue, State College, PA, 16801 is a Commercial Property for sale at $1,200,000 with 5,184 sqft and a lot size of 0.27. 440 W Foster Avenue was built in 1930. The property's zip code is 16801 which is in State College, 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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440 W Foster Avenue

Commercial Property for sale in State College, PA

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