626-628 Locust Street Indiana, PA $ 169,900
626-628 Locust Street
$ 169,900
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626-628 Locust Street

Indiana, PA, 15701
$ 169,900
Bedrooms6 Baths2.0

Monthly Estimate*

$ 1,073

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Multi-Family Home for sale in Indiana, PA

for $169,900 with 6 bedrooms and 2 full baths. This home was built in 1960 on a lot size of 0.09.

Turnkey Investment Opportunity - Fully Rented Student Rental Near IUP. Don't miss this income-producing investment property, fully leased though May 2027, providing immediate and reliable rental income. Ideally located just minutes from Indiana University of Pennsylvania (IUP), this well-maintained student rental is within walking distance of a convenience store, coffee shop, downtown shopping, restaurants, bars, and local recreation parks. The second-floor unit features a recently updated kitchen with newer flooring, cabinets, and countertops, adding modern appeal for tenants. The property also includes a new gas boiler for efficient and dependable heating, along with the convenience of onsite washers and dryers for each unit. With its strong rental history, desirable location and recent updates, this is an excellent opportunity for investors looking to expand their portfolio with a property that offers stable cash flow and long-term rental demand.

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Multi-Family Active

Price

$ 169,900

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,237

Style

Lot Size

0.09

Year Built

1960

Town/City

Indiana

County/Region

Indiana

MLS | Web ID

1764496

Features
General
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Roof Other
Zoning R-2
Construction Materials Frame
Year Built 1960
Property Subtype Duplex
Gross Income 22885
Community Features Public Transportation
County Indiana
Net Operating Income 12824
Property Type Residential Income
Status Active
Directions Philadelphia Street East. Left on S Sixth Street. Right on Locust Street. Property on left.
City Indiana Boro
High School District Indiana Area
Zoning Description R-2
Number Of Units Total 2
MLS Area Indiana Boro - IND
Lot Size Units Acres
Tax Annual Amount 3237
MLS Area Minor Indiana Boro - IND
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Indiana Area
Elementary School District Indiana Area
Tax Assessed Value 105600
Property Sub Type Additional Duplex
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Interior
Basement Unfinished
Basement (Y/N) true
Total Baths 0
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Exterior
Parking Features Off Street
Total Parking 6
Lot Size Area 0.09
Lot Dimensions 60x68 irregular
Lot Size Acres 0.09
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* Excluded Features
List By
Mark Kromer

Listing Agent

Howard Hanna Kuzneski & Lockard R.E. - Indiana

Broker

mwkromer@verizon.net

Email

Affordability Calculator

$1,343
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,073
Monthly Property Taxes
$270
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3565238 Elementary School
3565237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/13/2026$169,900 Listed Price

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626-628 Locust Street, Indiana, PA, 15701 is a Multi-Family Home for sale at $169,900 with a lot size of 0.09. 626-628 Locust Street has 6 bedrooms, 2.0 baths, and was built in 1960. The property's zip code is 15701 which is in Indiana, PA