Three-Unit Residential Income
For Sale
Under Contract
$140,000
1321 Otter Street, Franklin, PA 16323
Residential Income, Franklin, PA
Property Size2,666 SF
Lot Size0.14 Acres
Price / SF$52.51
Days on Market83
Property Features for 1321 Otter Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-2
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bathroom 2, Basement, Bathroom 1, Bedroom 2, Bedroom 6, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 5
Basement
Partial
Elementary school district
Franklin
Middle school district
Franklin
High school district
Franklin
Subdivision
Venango
Standard status
Active Under Contract
APN
10,215.-067..-000
Size
2,666 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
1831
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard, Hot Water(Heating)
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
3
Roof type
Metal
Listing Agency:
Richards & Richards Real Estate LLC
(814) 437-2326
Listed By:
Kristopher Johnson
(814) 229-8769
Added: Jun 8
Changed: Aug 27
Last Checked: Aug 29 at 3:06AM
MLS# 163940
Copyright © 2026 Allegheny Valley Board of Realtors. 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 2,666-square-foot triplex contains three occupied residential units, each arranged with two bedrooms, one bathroom, a kitchen, and a living room. The property includes a basement and a metal roof, with natural gas, baseboard, and hot water heating systems. Built in 1900, it is situated on a 0.14-acre parcel and is zoned R-2.
The property is located at 1321 Otter Street in Franklin, Pennsylvania, within Venango County. Public water and public sewer serve the building. Existing occupancy provides an established residential income configuration with three separately arranged units.
The property is located at 1321 Otter Street in Franklin, Pennsylvania, within Venango County. Public water and public sewer serve the building. Existing occupancy provides an established residential income configuration with three separately arranged units.
Key Highlights
- Three occupied residential units, each with 2 bedrooms and 1 bathroom
- 2,666 square feet on a 0.14‑acre parcel
- R‑2 zoning in Franklin, PA
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
700
Businesses Nearby
Explore this area
Business Placement
Demographics for 16323, PA
15,116
Population
7,088
Households
2.1
Avg Household Size
47
Median Age
23%
College-Educated
93%
High-School Grad
100.0 sq mi
ZIP Area
151
Density / Sq Mi
$62,233
Median Household Income
$35,566
Median Earnings
$762
Median Rent
$120,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied building with two-bedroom units, public utilities, and natural gas heating.
Where is this triplex located?
The property is located at 1321 Otter Street Franklin, PA.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Three occupied residential units, each with 2 bedrooms and 1 bathroom; 2,666 square feet on a 0.14‑acre parcel; R‑2 zoning in Franklin, PA
