PSU Proximity Meets Portfolio Potential — Armenara Plaza Condo. Located just a block & a half from Penn State University, this 1-bedroom, 1-bathroom undergrad condo offers a golden opportunity to invest in one of State College’s most consistently active rental markets. The unit features a living room & a well-appointed kitchen with appliances included. Currently leased through August 3, 2026 at $1,035/month, this property provides reliable income with minimal management headaches. The tenant covers cable, internet, and electric. The $131/month condo fee (paid by the seller) includes water, sewer & trash, professionally managed by Associated Property Management. Continental Real Estate handles unit oversight on behalf of the owner, offering peace of mind & streamlined operations. Whether you're expanding your portfolio or planting your first investment flag, this condo delivers location, longevity & low-maintenance appeal, all in one tidy package.
Sold for $190,000 on 09/12/25
$190,000
131 Sowers St APT D8, State College, PA 16801
1beds
460sqft
Condominium
Built in 1964
-- sqft lot
$191,300 Zestimate®
$413/sqft
$1,116 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 15, 2025 at 03:37am
Listed by:
Ryan S Lowe 814-280-2424,
RE/MAX Centre Realty,
Listing Team: Linda & Ryan Lowe Team
Bought with:
Bob Langton, RS305329
Keller Williams Realty
Source: Bright MLS,MLS#: PACE2515980
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom 1
- Level: Main
Other
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Baseboard, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 460
- Total interior livable area: 460 sqft
- Finished area above ground: 460
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Has view: Yes
- View description: City
Details
- Additional structures: Above Grade
- Parcel number: 36013,077,D008
- Zoning: COMMERCIAL
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Brick
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: State College
- Subdivision: Armenara Plaza
- Municipality: STATE COLLEGE BORO
HOA & financial
HOA
- Has HOA: No
- Amenities included: None
- Services included: Water, Sewer, Trash
- Association name: Associated Property Management
Other fees
- Condo and coop fee: $131 monthly
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Condominium