148 W Prospect Avenue, State College, PA 16801

$540,000
4
BD
4
BA
1,456
SqFt

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Sold Price
$540,000
List Price
$539,900
Closing Date
Mar 03, 2026
Days on Market
6
Status
CLOSED
MLS#
PACE2517302
Bedrooms
4
Bathrooms
4
Full Baths
3
Half Baths
1
Living Area
1,456
Lot Size (Acres)
0.17
Style
Dwelling w/Separate Living Area, Traditional
Year Built
1933
County
Centre
School District
State College Area

Property Description

Charming brick two-story in the State College Borough offering an exceptional opportunity to live near Penn State University and all that downtown has to offer. Beautiful hardwood floors flow throughout, with an inviting kitchen featuring granite countertops, stainless steel appliances, and shaker-style cabinetry. The main level offers a formal dining area, comfortable living room, and convenient half bath. Upstairs you’ll find three bright bedrooms and two full bathrooms with hardwoods and abundant natural light, plus a full walk-up attic for excellent storage. A separate-entry, fully renovated apartment at the rear of the home includes a stylish kitchen, full bathroom, and bedroom—ideal for rental income or guest space. Recent refreshes include fresh paint throughout, new ceiling fans in all bedrooms, new bath vent fan/lights, new efficient basement heating with smart thermostat, smart door lock, new LVP flooring in basement bath, new stainless dishwasher for main house, and new refrigerator for basement unit. Additional improvements include a newer roof, hot water heater, and an efficient ductless mini-split heating and cooling system. Fenced-in backyard with a 35' x 15' deck for outdoor enjoyment. Current rental permits for both units, lease through June 2026 for main house, and strong income potential with a proven short term rental concept. Basement apartment includes furnishings for turnkey operation. Some photos have been virtually staged or digitally enhanced to illustrate potential furnishings and/or finishes.

Additional Information

Area
State College Boro (16436)
Subdivision
Highlands
Taxes
$4320
Interior Features
2nd Kitchen, Attic, Ceiling Fan(s), Dining Area
School District
State College Area
High School
State College Area
Flooring
Hardwood
Heating
Steam
Heating Fuel
Natural Gas, Electric
Cooling
Ductless/Mini-Split
Roof
Architectural Shingle
Water
Public
Sewer
Public Sewer
Basement
Yes

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Listing courtesy of Keller Williams Advantage Realty. Contact:

Selling Office: .