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5-Unit Apartment Building
For Sale
Under Contract
$60,000

116 5th Avenue, McKeesport, PA 15132

CommercialSale, Mckeesport, PA

Property SizeContact for details
Lot Size0.05 Acres
Days on Market256

Property Features for 116 5th Avenue

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning Com
Zoning description Com
Subdivision McKeesport
Standard status Active Under Contract
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 2720
Listing Agency: COLDWELL BANKER REALTY · Coldwell Banker Real Estate
Listed By: Kenneth Presock · License #RS354579
Added: Dec 8, 2025 Changed: Aug 20 Last Checked: Aug 21 at 5:06PM
MLS# 1733066

Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5-unit apartment property at 116 5th Avenue includes two occupied units and additional units positioned for renovation. The current occupancy provides an operating component, while the remaining space offers an opportunity to improve the building through updates and repositioning. The parcel contains 0.0467 acres and carries Com zoning.

The property is located in McKeesport, Pennsylvania, near local amenities and transportation. Its five-unit configuration provides a defined multifamily layout for an owner seeking an apartment asset with both existing occupancy and renovation scope.

Key Highlights

  • 5‑unit apartment property
  • Two units currently occupied
  • Additional units offer renovation potential

Property Analytics

Current Use

Domestic Abuse Counseling ... Counselor

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Dental Office Auto Parts Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby

Demographics for 15132, PA

19,418
Population
10,511
Households
1.8
Avg Household Size
42
Median Age
12%
College-Educated
87%
High-School Grad
5.6 sq mi
ZIP Area
3,468
Density / Sq Mi
$32,170
Median Household Income
$29,827
Median Earnings
$791
Median Rent
$71,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit property with two occupied units and additional space offering renovation potential.
Where is this apartment building located?
The property is located at 116 5th Avenue McKeesport, PA.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: 5‑unit apartment property; Two units currently occupied; Additional units offer renovation potential
More about this property
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