884 Wayne Ave

Indiana, PA 15701

$825,000
Price
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Beds
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per Sq. Ft.
a front view of a house with a garage
a front view of a house with garden
a view of a street with an outdoor seating
a backyard of a house with a yard and outdoor seating
a view of room with furniture and a window
a view of entryway
a view of staircase with railing and white walls
a kitchen with white cabinets and white appliances
a room with a refrigerator and cabinets
a kitchen with a refrigerator and a sink
a view of entryway
a bathroom with a sink and a bathtub
a bedroom with a bed and a flat screen tv
an empty room with wooden floor and a window
a bathroom with a sink and a mirror
a room with furniture and window
a view of a hallway with a kitchen

Description

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...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!
  1. Listed by REALTY ONE GROUP LANDMARK

Property Details for 884 Wayne Avenue

Zoning
MU-1
LISTING UPDATED: 10/29/2025 11:24 AM

Property Details for 884 Wayne Avenue

StatusActive
MLS #1718537
Days on Market123
Taxes$14,777 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeMulti-Unit / Other
Year Built1970
Lot Size0.11 AC / 4,800 SF
CountyIndiana County

Location

Listing Courtesy of REALTY ONE GROUP LANDMARK
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Building Information for 884 Wayne Avenue

Stories-Residences-Year Built1970Lot Size0.11 AC / 4,800 SF

Payment Calculator

$5,308 per month

30 year fixed, 6.28% Interest

Principal and Interest

$4,077

Property Taxes

$1,231

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 884 Wayne Avenue

Summary
Location and General Information
  • City Name: Indiana
  • Postal Code: 15701
  • County Or Parish: Indiana
  • County M 360: Indiana
  • State Or Province: Pennsylvania
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 24-005-413.00
  • Taxes: $14,777
School Information
  • School District: Indiana Area
Property
Lot Information
  • Acres: 0.1102
  • Lot Size: 40 X 120
  • Type of Property: Other
  • Area: Indiana Boro - IND
  • Construction: Brick
Property and Assessments
  • Assessment Value: $490,000
  • Maintenance: $2,000
  • Year Built Numeric: 1970
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 18
Utilities
  • Utilities: $19,140
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Interior Features
  • Baths Total: 0.0
Multi Family
Multi-Family Information
  • Num of Units: 0
Income and Expenses
  • Gross Annual Income: $132,000
  • Gross Operating Income: $96,000
  • Net Operating Income: $51,560
  • Other Expenses: $2,400
Rental
Rental Information
  • Tenant Occupied: Yes
  • Vacancy Dollars: $36,000
  • Vacancy Percentage: 27

Property History for 884 Wayne Avenue

DateEvent & SourcePriceAppreciation
Oct 29, 2025

Price Change

WPMLS #1718537

$825,000—
Aug 28, 2025

Listed (Active)

WPMLS #1718537

$839,900—
Jan 1, 2008

Sold (Public Record)

Public Record #1110119475

$100,000—
DateEvent & SourcePrice
10/29/2025

Price Change

WPMLS #1718537

$825,000
08/28/2025

Listed (Active)

WPMLS #1718537

$839,900
01/01/2008

Sold (Public Record)

Public Record #1110119475

$100,000

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

Public Records for 884 Wayne Avenue

Taxable ValueLand$120,000Additions$370,000Total$490,000
Tax Record2025$14,777 ($1,231 / month)
Home Facts
Total Finished SqFt8,613 SqFtAbove Grade Finished SqFt8,613 SqFtStories3Lot Size4,792 SqFtStyleMulti-Family Res (5+ Units)Year Built1970Year Renovated2000CountyINDIANAAPN24-005-413

Schools near 884 Wayne Avenue

This home is within Indiana Area School District.
Rating
School
Type
Grades
Distance
Horace Mann El School
Public - 4 to 5
Indiana Area Junior High School
Public - 6 to 8
Indiana Area Senior High School
Public - 9 to 12
Eisenhower Elementary School
Public - 4 to 5
Rating
School
Distance
Horace Mann El School
Public4 to 5

Indiana Area Junior High School
Public6 to 8

Indiana Area Senior High School
Public9 to 12

Eisenhower Elementary School
Public4 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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More information about 884 Wayne Avenue, Indiana, PA 15701

884 Wayne Avenue is for sale in Indiana, PA 15701. This property was listed for sale on August 28, 2025 by REALTY ONE GROUP LANDMARK, it's currently listed at $825,000. It has been on the market for a total of 123 days and was last sold on January 1, 2008. This listing's school district is Indiana Area School District. Nearby schools include Horace Mann El School, Indiana Area Junior High School and Indiana Area Senior High School. 884 Wayne Avenue is a 0-bed, 0-bath, built in 1970.

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 REALTY ONE GROUP LANDMARK

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: 10/29/2025 11:24 AM