316 S Spring St

$379,900
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Solid rental history, this property has been owned by the seller since 1991 and has been well kept and this always met Centre Regions Code standards. 4 apartments in this building: a 1 bedroom unit in the lowest level, a 1 bedroom unit and efficiency apartment on the main level and a large 2 bedroom unit on the top floor. annual income 31,500.00, expenses: permits 204.00, snow/lawn 600.00, w/s/r 4500.00, insurance
1800.00, property tax 3480.00
Apt #1 under lease until 1/31/26 @ 645.00 Apt#2 under lease
...Solid rental history, this property has been owned by the seller since 1991 and has been well kept and this always met Centre Regions Code standards. 4 apartments in this building: a 1 bedroom unit in the lowest level, a 1 bedroom unit and efficiency apartment on the main level and a large 2 bedroom unit on the top floor. annual income 31,500.00, expenses: permits 204.00, snow/lawn 600.00, w/s/r 4500.00, insurance
1800.00, property tax 3480.00
Apt #1 under lease until 1/31/26 @ 645.00 Apt#2 under lease 9/30/26 @ 745.00 (Housing), Apt#3 on month to month @450.00 (wants to stay) Apt #4 month to month 785.00. Three of the units have washer and dryer hook ups.
  1. Listed by Roland Fisher • Linn Realty
    P: (814)-353-7355 rolandfisher239@gmail.com

Property Details for 316 South Spring Street

Tax ID Number
32-201-,122-,0000-
Ownership
Fee Simple
Structure Type
Other
Style
Traditional, Other
Waterfront
No
Views
City, Street
Garage
No
Municipality
BELLEFONTE BORO
LISTING UPDATED: 12/08/2025 05:19 PM

Property Details for 316 South Spring Street

StatusActive
MLS #PACE2517068
Days on Market22
Taxes$3,481 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.03 AC / 1,307 SF
CountyCentre County

Location

Listing Courtesy of Linn Realty
Add your commute

Building Information for 316 South Spring Street

Stories-Residences4Year Built1900Building Size-Lot Size0.03 AC / 1,307 SF

Payment Calculator

$2,167 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,877

Property Taxes

$290

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 316 South Spring Street

Location
Location
  • School District Name: BELLEFONTE AREA
  • School District County ID: 801909431004
  • SchoolDistrictSource: Listing Agent
  • Elementary School: BELLEFONTE (CENTRE PA)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: BELLEFONTE AREA (CENTRE PA)
  • MiddleSchoolSource: Listing Agent
  • High School: BELLEFONTE AREA (CENTRE PA)
  • HighSchoolSource: Listing Agent
  • County: CENTRE
  • MLS Area: Bellefonte Boro (16432)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $42,000
  • Year Assessed: 2025
  • County Tax: $329
  • Improvement Assessed Value: $40,650
  • City Town Tax: $812
  • Land Assessed Value: $1,350
  • Clean Green Assessed: No
  • Municipal Trash: Yes
  • Land Use Code: 0
  • Historic: No
  • Zoning: RESIDENTIAL MED DENSITY
  • School Tax: $2,339
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Insurance, Lawn/Shrub Care, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Units Furnished: None
  • Units Leased Count: 4
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 2
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense: $10,584
  • Operating Expense Includes: Insurance, Snow Removal, Trash
Financial Information
  • Net Operating Income: $20,916
  • Annual Rental Income: $31,500
  • Income Includes: Apartment Rentals
  • Existing Lease Type: Month to Month, Yearly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: .00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Location Type: Corner Lot/Unit
  • Parcel ID: 25423870
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Carpet, Dining Area, Kitchen - Eat-In, Kitchen - Efficiency, Kitchen - Galley
  • Fireplace: No
  • Appliances: Oven/Range - Electric, Refrigerator
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Street Lights
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Centre County Association of REALTORS

Property History for 316 South Spring Street

DateEvent & SourcePriceAppreciation
Dec 8, 2025

Listed (Active)

BRIGHT #PACE2517068

$379,900—
DateEvent & SourcePrice
12/08/2025

Listed (Active)

BRIGHT #PACE2517068

$379,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 316 South Spring Street

Taxable ValueLand$1,350Additions$40,650Total$42,000
Tax Record2025$3,424 ($285 / month)
Home Facts
Lot Size1,307 SqFtStyleMulti-Family Res (5+ Units)CountyCENTREAPN32-201-,122-,0000-

Schools near 316 South Spring Street

This home is within Bellefonte Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Bellefonte El School
PublicK to 5

Bellefonte Area Middle School
Public6 to 8

Bellefonte Area High School
Public9 to 12

Benner El School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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316 South Spring Street is a multi-family home for sale in Bellefonte, PA 16823. This property was listed for sale on December 8, 2025 by Linn Realty, it's currently listed at $379,900. This listing's school district is Bellefonte Area School District. Nearby schools include Bellefonte El School, Bellefonte Area Middle School and Bellefonte Area High School. 316 South Spring Street is a 0-bed, 0-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Linn Realty

The information is being provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 12/08/2025 05:19 PM