Well-maintained duplex located very close to Indiana University of Pennsylvania (IUP). This property has a proven student rental history and is ideal for an investor looking for a stable, low-maintenance asset in a high-demand location.
The property consists of:
One 2-bedroom unit zoned for 3 students
One 3-bedroom unit zoned for 3 students
In-house laundry located in the basement
Two electric meters (easy utility separation)
Property is in good condition and has been consistently rented due to its walk-to-campus location. Strong demand each leasing cycle. Utilities are currently structured for student leasing convenience, but electric is separately metered, providing clear upside for future ownership.
Ideal for investors seeking a turn-key student rental with immediate income and long-term demand.
Serious inquiries only. Financials available upon request.
For sale by owner
$179,900
626/628 E Locust St, Indiana, PA 15701
5beds
--baths
2,600sqft
Est.:
Unknown
Built in ----
-- sqft lot
$-- Zestimate®
$69/sqft
$-- HOA
Overview
What the owner loves about this home
What I love most about this property is its location and long-term potential. Being within walking distance to IUP, it has always attracted consistent student renters and leased easily each year. The 2-bedroom and 3-bedroom layout works very well for student living and provides flexibility for different group sizes.
The home has been well maintained, making ownership straightforward and low stress. The in-house laundry is a major convenience for tenants, 6 off street parking spots and the separate electric meters give future owners flexibility in how utilities are handled.
Another thing I’ve always appreciated is the space on the property, which offers potential for a future addition or expansion, subject to zoning and approvals. That upside, combined with the location, makes this a property with both strong current income and long-term opportunity.
Overall, this has been a dependable, easy-to-rent property in an area where demand remains strong, and I’m confident the next owner will appreciate both its performance and its potential.
- 89 days |
- 181 |
- 5 |
Listed by:
Property Owner (724) 388-0382
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Full bathrooms: 2
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Hardwood, Laminate, Linoleum / Vinyl
- Basement: Unfinished
Interior area
- Total interior livable area: 2,600 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off-street, On-street
Features
- Exterior features: Other, Cement / Concrete
- Has view: Yes
- View description: City
Construction
Type & style
- Home type: Unknown
Materials
- Roof: Metal
Condition
- New construction: No
Community & HOA
Location
- Region: Indiana
Financial & listing details
- Price per square foot: $69/sqft
- Date on market: 1/5/2026
Estimated market value
Not available
Estimated sales range
Not available
$727/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/5/2026 | Listed for sale | $179,900+29.4%$69/sqft |
Source: Owner Report a problem | ||
| 5/23/2017 | Sold | $139,000$53/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$1,167/mo
Principal & interest
$942
Property taxes
$225
More affordability tools
Climate risks
Neighborhood: 15701
Nearby schools
GreatSchools rating
- 7/10Horace Mann El SchoolGrades: 4-5Distance: 0.3 mi
- 6/10Indiana Area Junior High SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Indiana Area Senior High SchoolGrades: 9-12Distance: 0.9 mi
Local experts in 15701
- Pennsylvania
- Indiana County
- Indiana
- 15701
- 626/628 E Locust St





