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    11839 HIGHLAND Avenue, Conneaut Lake, PA 16316

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    For Sale
    $277,600

    MULTI_FAMILY - Other - Conneaut Lake, PA

    Property size:
    2,600 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $106/SF
    Added:
    Jul 2, 2026
    Days on Market:
    7
    Last Refresh:
    Jul 8 at 5:06 pm

    Property Features for 11839 HIGHLAND Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    6
    Rooms
    Bedroom 1, Bedroom 2, Bathroom 6, Bedroom 3, Bedroom 6, Bedroom 4, Bedroom 5, Bathroom 2, Dining Room, Bathroom 3, Bathroom 5, Basement, Bathroom 1, Bathroom 4
    Parking
    4
    Fireplace
    1
    Standard status
    Active
    APN
    4403-049-13
    Size
    2,600 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4618
    Expense value
    2000
    Expense
    SecurityDeposit
    Expense freq.
    One Time

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1990
    Flooring type
    Laminate, Carpet
    Building materials
    Frame
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Contact an agent
    Thomas Martinac

    Listing agent Thomas Martinac License #RS330992

    Listing office Howard Hanna BK Conneaut Lake 12213 Midway Dr., MEADVILLE, PA

    Listing date Jul 2, 2026

    MLS# 191842 Listing URL

    Copyright © 2026 Greater Erie Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Frame construction with asphalt shingle roof
    • 6 bedrooms and 6 bathrooms
    • Basement included
    • Forced air heating with natural gas
    • Window unit cooling
    • Fireplace present

    Overview

    This for-sale multi-family residence offers approximately 2,600 square feet of living space on a 0.1139-acre lot. The property is positioned for residential income use, with the flexibility to serve as a year-round rental, an occasional-use vacation setup, or a personal home.

    Located at 11839 Highland Avenue in Conneaut Lake, Pennsylvania, the home sits within Crawford County. The listing notes availability of a beach association connection for residents, offering an additional lifestyle component associated with the area.

    From a tenant and operator standpoint, the configuration can support multiple residential-use approaches, including short-stay use such as an AirBNB, longer-term year-round leasing, or occupancy as a primary or vacation home. Buyers seeking a straightforward residential income property with alternative personal-use options may find this layout and lot size practical for their intended occupancy model.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $38.4k $14.76
    − Vacancy −$2.1k −$0.81
    EGI $36.3k $13.95
    − OpEx −$16.3k −$6.28
    NOI $19.9k $7.67
    2,600 SF · lease $14.76/SF/yr · vacancy 5.50% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $284.9K
    $249.3K – $332.4K (±1% cap)
    NOI $19,946 @ 7.0% cap · market cap 7.19%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $645.0K
    $564.4K – $752.6K (±1% cap)
    NOI $45,153 @ 7.0% cap · market cap 16.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Dental Office Hair Salon Electrical Service Nail Salon Building Supply (Bike/Boat/Book/etc) Store Auto Repair Shop Furniture & Home Goods Butcher Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Conneaut Lake
    County
    Crawford
    State
    Pennsylvania
    Longitude
    -80.294973
    Latitude
    41.618379

    FAQs

    What type of property is this?
    Single family property - For-sale multi-family property on a small lot in Conneaut Lake, well-suited for rental or personal use.
    Where is this single family property located?
    The property is located at 11839 HIGHLAND Avenue Conneaut Lake, PA.
    What is the asking price?
    The asking price for this property is $277,600.
    What are key features of this property?
    This property features: Frame construction with asphalt shingle roof; 6 bedrooms and 6 bathrooms; Basement included
    More about this property
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