Investment opportunity in a convenient location! This 4-unit apartment building at 636 Axemann Rd features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. The property has a strong rental history with mostly long-term tenants, including one resident who has called the building home for over 30 years. There is significant upside potential for an investor willing to make improvements, as the property is currently under-rented for the area and offers the opportunity to increase income and build equity over time. To help protect the current tenants, the landlord has offered them the option to extend their leases for up to 2 years at their current rental rates. The property is being sold as-is and does require some work, which is reflected in the pricing. Additional features include separate electric for each unit, natural gas heat, ample off-street parking, and a convenient location with quick access to I-99. Property is fully occupied. Showings require 24-hour notice.
Multi-familyProperty Type
1921Year Built
0.39 acresLot Size
$56Price/Sq.Ft.
Listed by Charles Dawson• RE/MAX Centre Realty
•814-231-8200 (broker)
•info@statecollegehomes.com (broker)
Bought with Non Member NON MEMBER• Non Subscribing Office
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Centre County
APN
13-005-,003-,0000-
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Nov 5, 2025.
Property details
Parking
Parking Information
Off Street
Interior
Interior Information
Living Area Sq.Ft. Source: Estimated
Room Information
# of Rooms: 5
Basement Information
Basement: No
Multi Unit Information
# of One Bedroom Units: 2
# of Two Bedroom Units: 2
Other Units: Unit 1,Unit 1
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Accessibility Features: Other
Improvement Assessed Value: $46,105
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
# of Units (Total): 4
Foundation Details: Concrete Perimeter
Other Structures: Above Grade, Below Grade
Roof: Shingle, Metal
Structure Type: Detached
Lot Information
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $8,495
Above Grade Information
Finished Sq.Ft.: 2,600
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $300
County Tax: $428
School Tax: $3,041
Tax Assessed Value: $54,600
Tax Year: 2025
Tax Annual Amount: $3,770
Assessments Information
Year Assessed: 2026
Utilities
Utilities Information
Baseboard - Hot Water
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Well
Location
School Information
Elementary School: PLEASANT GAP
Middle Or Junior School: BELLEFONTE AREA
High School: BELLEFONTE AREA
School District Name: BELLEFONTE AREA
Elementary School Source: Listing Agent
Middle School Source: Listing Agent
High School Source: 3rd Party
School District Source: 3rd Party
Location Information
Directions: From E College Avenue in State College, follow PA-26 North/E College Avenue toward Pleasant Gap. Continue through Pleasant Gap, then turn left onto Main St. Main St will become Axemann Road. Follow Axemann Road toward Bellefonte. The property will be on your left.
Municipality: SPRING TWP
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Centre County
APN: 13-005-,003-,0000-
Home facts updated by county records on Nov 5, 2025
Around this home
Schools
Pleasant Gap Elementary School
Public K-5 • Assigned • 1.1mi
8/10
Bellefonte Area Middle School
Public 6-8 • Assigned • 3.0mi
7/10
Bellefonte Area High School
Public 9-12 • Assigned • 2.7mi
6/10
Provided by GreatSchools
Climate risks
9/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Bellefonte, PA • 16823
Average low and high temperatures (°F)
30
18
37
21
56
33
65
43
69
49
82
59
86
66
80
57
75
54
65
41
51
34
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Bellefonte. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$137,000 – $165,000
Sell confidently with a local market expert in Bellefonte.