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5-Unit Multifamily Building with Separate Utilities

701 E 2nd Tarentum, PA 15084

701 E 2nd, Tarentum, PA, 15084
$315,900
For Sale
Claim this Listing
$315,900

MULTI_FAMILY - Tarentum, PA

Lot Size0.05 Acres
AddedJan 7
Days on Market189
Last RefreshJul 15 at 1:06 am

Property Features for 701 E 2nd

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
mul
Parking features
On Street
Standard status
Active
Lot size
0.05 Acres

Taxes and HOA fees

Tax Annual Amount
3182

Building Details

Year built
1911
Number of units
4
Roof type
Composition

Listing agent Robert Strohm License #RS189629

Listing office COLDWELL BANKER REALTY 17 Brilliant Avenue, Suite 100, Pittsburgh, PA

Listing date Jan 7, 2026

MLS# 1736196 Listing URL

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 multifamily property features separate utilities with five electric meters, five water meters, and five gas meters servicing the building. The units are individually metered, which can simplify utility billing and expense tracking across the property. Unit 5 is configured as 2 bedrooms and 1 bathroom and rents for $800 per month. The efficiency apartment has a newly installed mini-split system, and the landlord pays utilities for the efficiency apartment only.

The property is located at 701 E 2nd in Tarentum, Pennsylvania 15084, within Allegheny County (Allegheny-North). The lot size is 0.0463 acres. Zoning is listed as mul.

For buyers seeking an income-producing multifamily asset, the key operational takeaway is that the building is fully occupied and benefits from individual electric, water, and gas metering across the units. With utilities handled directly through meters, most tenant-paid utility responsibility can align with measured usage, while the efficiency unit remains the exception where the landlord covers utilities. This setup can appeal to investors or owner-operators looking for a relatively controlled utility structure alongside steady occupancy.

Key Highlights

  • Fully occupied 5‑unit building (all units rented) with separate utilities
  • Separate utility metering: 5 electric meters, 5 water meters, and 5 gas meters
  • Unit 5 rents for $800/month and includes 2 bedrooms and 1 bathroom

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Nail Salon Spa & Massage Center Parking Lot & Garage Hair Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fully occupied five-unit building with individual utility metering, supporting straightforward rent-and-expense management.
Where is this apartment building located?
The property is located at 701 E 2nd Tarentum, PA.
What is the asking price?
The asking price for this property is $315,900.
What are key features of this property?
This property features: Fully occupied 5‑unit building (all units rented) with separate utilities; Separate utility metering: 5 electric meters, 5 water meters, and 5 gas meters; Unit 5 rents for $800/month and includes 2 bedrooms and 1 bathroom
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