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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 Market276

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: Sep 9 Last Checked: Sep 10 at 7:06PM
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 five-unit apartment property includes two occupied units, while the remaining units require renovation. The configuration offers an existing rental component alongside additional apartments that can be improved for continued operation.

The property occupies 0.0467 acres at 116 5th Avenue in McKeesport, Pennsylvania. It is identified under Com zoning and is located in Allegheny-East County, with the postal code 15132.

Key Highlights

  • Five‑unit apartment property
  • Two units are currently occupied
  • Remaining units present renovation needs

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Commercial-zoned multifamily property with two occupied units and additional space for renovation.
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: Five‑unit apartment property; Two units are currently occupied; Remaining units present renovation needs
More about this property
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