Indiana, PA 15701 884 Wayne Ave
$839,900
13 more
Presented By: REALTY ONE GROUP LANDMARK
Home Details
Rare 22-Bed Student Housing Property Near IUP!
Just steps from Indiana University of Pennsylvania, this 22-bed building is a unique opportunity to own a large-scale student rental in a prime location. With strong housing demand from the nearby university, this property offers exceptional long-term potential for investors. Spacious layouts, convenient access to campus, and the scale to generate impressive returns make this a must-see. Properties of this size and proximity to campus rarely come available — schedule your showing today!
Presented By: REALTY ONE GROUP LANDMARK
Interior Features for 884 Wayne Ave
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 884 Wayne Ave
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityIndiana Boro
Construction MaterialsBrick
CountyIndiana
Garage Y/NNo
Gross Income132000.0
HOANo
Home Warranty Y/NNo
Insurance Expense7900.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size UnitsAcres
MLS AreaIndiana Boro - IND
MLS Area MinorIndiana Boro - IND
MaintenanceExpense2000.0
MobileHomeRemainsYNNo
ModificationTimestamp2025-08-27T21:59:40.630-00:00
Net Operating Income51560.0
New ConstructionNo
Occupancy TypeTenant
PostalCityIndiana
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Tax Annual Amount14777.0
Tax Assessed Value490000
UtilitiesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
Year Built1970
ZoningMU-1
Zoning DescriptionMU-1
Exterior for 884 Wayne Ave
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions40 X 120
Lot Size Acres0.1102
Lot Size Area0.1102
SpaNo
Waterfront Y/NNo
Additional Details
Price History
Justin Riapos
Realtor