Turn-key student housing opportunity directly across the street from Slippery Rock University! Situated on a double lot, this fully occupied 7-bedroom, 2-bath property offers an established student rental model. All 7 bedrooms are individually leased, and each comes furnished with a bed frame, mattress, desk and chair, and dresser — allowing for a truly turn-key transition for both investor and tenants. Improvements include central air, two sump pumps servicing the basement perimeter, a newer hot water tank, updated flooring throughout portions of the first and second floors and basement, a completely remodeled first-floor bathroom with new plumbing fixtures, tile and lighting, and a new sewage line to the street. Additional improvements include a newer washer, dryer, refrigerator and microwave, replacement exterior and screen doors, tree removal, and a 12x12 paver patio. Outside, the expansive double lot provides generous yard space, while private off-street parking accommodates approximately 8–10 vehicles — an exceptional amenity for student housing directly across from campus. With individual student leases, furnished bedrooms, extensive improvements and an unbeatable location, 115 Kiester presents a rare opportunity to acquire an established, turn-key student rental in the heart of Slippery Rock.
Beautiful duplex investment opportunity just steps from Slippery Rock University! This well-located property offers incredible potential for investors or owner occupants looking to generate rental income. The lower unit features 4 bedrooms and 2 full bathrooms and is currently leased through May 2027, providing immediate, stable income. The upper unit offers 3 bedrooms and 1 full bathroom and is vacant, ready for occupancy or your next tenant. Situated in a prime area with frontage on both Library and Normal Ave, this property is in an unbeatable location close to campus, dining, shopping and downtown amenities. While some updating could make it truly shine, the size, layout and location make this a fantastic opportunity to build equity and long-term value. Great potential as a student rental, investment property, or owner-occupied income producing home! New chimney liner and sewer line liner 2026.
Scenic Hill apartments at 321 Grove City Road. This turnkey investment is an extremely nice multi-family apartment building built in 2006. It consists of 17 units total. It features 5 single bedroom units, 11 two bedroom units, and 1 four bedroom unit. Located just outside the quiet town of Slippery Rock PA, this property consistently retains 100% occupancy with quality tenants (not student housing). This is a rare building with stabilized income on day one, with a huge upside for value addition. Please see Investment highlights for details.
Turn-key college rental opportunity in the heart of Slippery Rock! This unique room-rental property has successfully operated for over a decade serving students attending Slippery Rock University. Located in a vibrant college town known for its walkable campus and strong student demand, this well-maintained property offers 8 individually rented bedrooms, each with different rental rates to maximize income potential. Each private room is fully furnished with a bed, dresser, desk, storage shelving, and personal refrigerator, providing students with a comfortable and convenient living space. Tenants share common areas including a full kitchen, coin-operated laundry, and two full bathrooms. The home also features auto-locking doors for added security and a cooperative household system where residents share chore responsibilities. Major mechanical updates include a newer high-efficiency furnace, updated hot water tank, and upgraded 200-amp electrical service, contributing to reliable and efficient operation. Outdoor amenities include a large spacious backyard, perfect for spring and summer enjoyment, along with picnic tables and patio chairs where students can relax or study outdoors. The property also offers private off-street parking for tenants, a valuable feature in a busy college area. Conveniently located near campus, local shops, dining, and community events that make Slippery Rock a thriving college town, conveniently across the street from Dollar General. This property presents a rare opportunity to own an established student housing investment with a long history of occupancy.
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Slippery Rock is located in Pennsylvania. Slippery Rock, Pennsylvania has a population of 3,165. Slippery Rock is less family-centric than the surrounding county with 27.87% of the households containing married families with children. The county average for households married with children is 31.96%.
The median household income in Slippery Rock, Pennsylvania is $50,492. The median household income for the surrounding county is $77,065 compared to the national median of $69,021. The median age of people living in Slippery Rock is 22.8 years.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 42.8 inches per year, with 39.4 inches of snow per year.
