116 Penn Street, MILLHEIM, PA 16854 (MLS # PACE2518246)

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PRICE $185,000 dsIDX morgage calculator
BEDS 3
BATHS 1
HOME SIZE 2,204 sqft
LOT SIZE 8,277 sqft

Step into the charm and potential of this 1880s home located in the heart of Millheim. This 3-bedroom, 1-bath property offers a unique opportunity for both homeowners and investors alike, blending historic character with future upside. The fully finished downstairs provides a comfortable and functional living space, featuring beautiful original hardwood floors in select rooms that highlight the timeless craftsmanship of the home. With key living areas already complete, this property is move-in ready while still offering room to grow. Upstairs, you'll find incredible potential to expand and customize to your needs. Whether you envision additional bedrooms, a second living space, or a full renovation, the upper level is a blank canvas waiting to be transformed. The attic space adds even more opportunity for finishing, storage, or creative use. This layout makes the home ideal for a buyer looking to live comfortably on the main level while completing renovations upstairs over time. For investors, the property presents strong potential to be converted into a multi-unit, creating a cash-flowing asset in a desirable small-town location. Situated in Millheim, you'll enjoy the charm of a quiet community while still being conveniently located just 15 minutes from Centre Hall and approximately 30 minutes from State College, offering easy access to shopping, dining, and Penn State. Whether you're looking for a place to call home with room to grow or your next investment opportunity, this property delivers character, flexibility, and long-term value.

DAYS ON MARKET 1 LAST UPDATED 6/9/2026
TRACT NONE AVAILABLE YEAR BUILT 1880
COMMUNITY Millheim Boro (16433) COUNTY CENTRE
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
School District PENNS VALLEY AREA

PRICE HISTORY
Prior to Apr 20, '26 $189,000
Apr 20, '26 - May 8, '26 $187,000
May 8, '26 - Jun 9, '26 $186,000
Jun 9, '26 - Today $185,000


ADDITIONAL DETAILS
AIR Central Air, Electric
AIR CONDITIONING Yes
APPLIANCES Electric Water Heater
AREA Millheim Boro (16433)
BASEMENT Partial, Yes
CONSTRUCTION Wood Siding
HEAT Electric, Forced Air, Heat Pump, Oil
LOT 8276 sq ft
LOT DESCRIPTION Back Yard
LOT DIMENSIONS 0.00 x 0.00
PARKING Driveway
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Colonial, Victorian
SUBDIVISION NONE AVAILABLE
TAXES 1450
VIEW Yes
VIEW DESCRIPTION Street
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by EXP Realty, LLC

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