626-628 Locust St

Indiana, PA 15701

$169,900
Price
—
Beds
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.
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New
New
626-628 Locust Street, Indiana
Front Exterior
628 Locust Entrance
Back Exterior
Apartment Interior
Apartment Interior
Apartment Kitchen
Apartment Bedroom
Apartment Bedroom
Laundry
Off-Street Parking
Yard
Electrical Panels
HVAC

Description

Turnkey Investment Opportunity - Fully Rented Student Rental Near IUP. Don't miss this income-producing investment property, fully leased though May 2027, providing immediate and reliable rental income. Ideally located just minutes from Indiana University of Pennsylvania (IUP), this well-maintained student rental is within walking distance of a convenience store, coffee shop, downtown shopping, restaurants, bars, and local recreation parks. The second-floor unit features a recently updated kitchen...Turnkey Investment Opportunity - Fully Rented Student Rental Near IUP. Don't miss this income-producing investment property, fully leased though May 2027, providing immediate and reliable rental income. Ideally located just minutes from Indiana University of Pennsylvania (IUP), this well-maintained student rental is within walking distance of a convenience store, coffee shop, downtown shopping, restaurants, bars, and local recreation parks. The second-floor unit features a recently updated kitchen with newer flooring, cabinets, and countertops, adding modern appeal for tenants. The property also includes a new gas boiler for efficient and dependable heating, along with the convenience of onsite washers and dryers for each unit. With its strong rental history, desirable location and recent updates, this is an excellent opportunity for investors looking to expand their portfolio with a property that offers stable cash flow and long-term rental demand.
  1. Listed by HOWARD HANNA KUZNESKI & LOCKARD R.E. - INDIANA

Property Details for 626-628 Locust Street

Parking Spaces
6
Zoning
R-2
LISTING UPDATED: 07/13/2026 09:10 AM

Property Details for 626-628 Locust Street

StatusActive
MLS #1764496
Days on MarketListed Today
Taxes$3,237 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Unit / Duplex
Year Built1960
Lot Size0.09 AC / 3,920 SF
CountyIndiana County
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Location

Listing Courtesy of HOWARD HANNA KUZNESKI & LOCKARD R.E. - INDIANA
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Building Information for 626-628 Locust Street

Stories-Residences2Year Built1960Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

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$1,116 per month

30 year fixed, 6.36% Interest

Principal and Interest

$847

Property Taxes

$270

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 626-628 Locust Street

Summary
Location and General Information
  • City Name: Indiana
  • Postal Code: 15701
  • County Or Parish: Indiana
  • County M 360: Indiana
  • State Or Province: Pennsylvania
  • Directions: Philadelphia Street East. Left on S Sixth Street. Right on Locust Street. Property on left.
  • Public Transportation: Yes
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 23-006-512
  • Taxes: $3,237
School Information
  • School District: Indiana Area
  • School Transportation: Yes
Parking
  • Parking Description: Off-Street Parking
Property
Lot Information
  • Acres: 0.09
  • Lot Size: 60x68 irregular
  • Type of Property: Duplex
  • Area: Indiana Boro - IND
  • Construction: Frame
Property and Assessments
  • Assessment Value: $105,600
  • Year Built Numeric: 1960
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 14
Utilities
  • Utilities: $6,824
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Other
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: UnFnish
  • Insulation: Unknown
Multi Family
Multi-Family Information
  • Num of Units: 2
  • Total Numof Units: 2
Income and Expenses
  • Gross Annual Income: $22,885
  • Net Operating Income: $12,824
Unit Information
Unit 1
  • Unit Full Baths 1: 1
  • Unit Num Bedrooms 1: 3
Unit 2
  • Unit Full Baths 2: 1
  • Unit Num Bedrooms 2: 3
Rental
Rental Information
  • Tenant Occupied: Yes

Property History for 626-628 Locust Street

DateEvent & SourcePriceAppreciation
Jul 13, 2026

Listed (Active)

WPMLS #1764496

$169,900—
May 23, 2017

Sold

WPMLS #1272345

$139,000—
Apr 24, 2017

Pending

WPMLS #1272345

—
DateEvent & SourcePrice
07/13/2026

Listed (Active)

WPMLS #1764496

$169,900
05/23/2017

Sold

WPMLS #1272345

$139,000
04/24/2017

Pending

WPMLS #1272345

—

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

Schools near 626-628 Locust Street

This home is within Indiana Area School District.
Rating
School
Type
Grades
Distance
Ben Franklin El School
Public - PK to 3
Indiana Area Junior High School
Public - 6 to 8
Indiana Area Senior High School
Public - 9 to 12
East Pike El School
Public - PK to 3
Rating
School
Distance
Ben Franklin El School
PublicPK to 3

Indiana Area Junior High School
Public6 to 8

Indiana Area Senior High School
Public9 to 12

East Pike El School
PublicPK to 3

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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More information about 626-628 Locust Street, Indiana, PA 15701

626-628 Locust Street is a multi-family home for sale in Indiana, PA 15701. This listing's school district is Indiana Area School District. Nearby schools include Ben Franklin El School, Indiana Area Junior High School and Indiana Area Senior High School. 626-628 Locust Street is a 0-bed, 0-bath, multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HOWARD HANNA KUZNESKI & LOCKARD R.E. - INDIANA

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 2026 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 07/13/2026 09:10 AM