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534 Clarence Ave , State College, PA 16803
$389,000
Est. Payment: $2,101.45/mo
2 Bed
2088 Sqft
0.29 Acres
Status: active | Days on site: 63
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KSSG15 - 3347274
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House Description

Bring your toolbelt and some imagination to 534–536 Clarence Avenue, a unique duplex opportunity in the desirable College Heights neighborhood of State College. just minutes from Penn State. The property consists of two spacious one-bedroom, two-bathroom units, with a living room, kitchen, fireplace, and large windows that bring in abundant natural light. Both units have current rental permits, and 534 Clarence Avenue also carries a student rental license permitting occupancy by up to three unrelated students—an especially valuable feature in State College Borough. Each unit is separately served by public water and sewer and has its own electric, natural gas, and refuse service. The property retains many of its original mid-century features, including parquet wood flooring, fireplaces, large expanses of glass, and a shared covered carport situated between the two units. The wooded 0.29-acre lot provides mature landscaping, shade, and a private setting. The property is being offered as a renovation opportunity. Unit 536 is substantially intact and functional but would benefit from updating, while Unit 534 is an unfinished renovation and will require additional work to complete the kitchen, bathrooms, and other interior finishes. This property presents an opportunity for an investor or owner looking to renovate and reposition a well-located State College duplex.

Highlights

Listed by Scott G Shamrock , 8143605163 Kissinger, Bigatel & Brower , 8142344000. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.29

Year Built

1958

County

Centre

Area

State College Boro (16436)

Neighborhood

College Heights

School District

State College Area

Listing ID

PACE2520394

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
Appliances:Dishwasher, Dryer, Oven/Range - Electric, Refrigerator
Floor:Hardwood
Above Ground Sq Ft:2088
Water:Public

Exterior Features

Lot:Partly Wooded,Not New Construction,Horse Property: No
Garage Capacity:4
Zoning:R-2
Roof:Metal
Others:
  • ▪ Additional:Major Rehab Needed
Sewer:Public Sewer
Parking Features:Asphalt Driveway,Shared Driveway,Attached Carport,Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$2,101
Taxes
$406

Home Price

$389,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$77,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,101.45

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,101.45 $406.42 $0.00 $2,507.86
Yearly $25,217.34 $4,877.00 $0.00 $30,094.34
Total $756,520.32 $146,310.00 $0.00 $902,830.32
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (State College, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS