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26-Unit All-Brick Apartment Building
For Sale
$1,750,000
Pending

121 Locust Street, Ambridge, PA 15003

All-brick multifamily property with two- and three-bedroom apartments, on-site laundry, storage, and off-street parking.

Property SizeContact for details
Days on Market202

Property Features for 121 Locust Street

General Information

Standard status Pending
Total Parking Spaces 26
Property subtype Multi-Unit / Other
Zoning C

Additional Details

Multifamily Units 26

Taxes and HOA fees

Annual Taxes $20,839

Amenities

laundry room
storage lockers
playground
yard space
Yes
0.0
Asphalt

Building Details

Year Built 1962
Buildings 1
Construction brick
Listing Agency: RE/MAX SELECT REALTY
Listed By: Mark Gulla · License #RS328818
Source: Compass
Added: Feb 9 Changed: Aug 29 Last Checked: Aug 29 at 1:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX SELECT REALTY

Investment Insights

Based on property information with market context.

Built in 1962, this all-brick apartment property contains 26 units with a mix of two- and three-bedroom floor plans. The property is arranged in two sections, with 13 units at 111 and 13 units at 121. Many apartments have been renovated with updated kitchens and bathrooms, contemporary flooring, and other interior improvements.

Resident-oriented features include a coin-operated laundry room, storage lockers, maintenance rooms, a rear playground and yard area, and off-street parking along the front. The property is located at 121 Locust Street in Ambridge, Pennsylvania, and carries C zoning.

Key Highlights

  • 26‑unit apartment property with a mix of 2- and 3‑bedroom residences
  • All‑brick construction, built in 1962
  • Two sections with 13 units at 111 and 13 units at 121

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Electrical Service Spa & Massage Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nail Salon

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

26
Residential units

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

Demographics for 15003, PA

11,672
Population
5,955
Households
2
Avg Household Size
40
Median Age
24%
College-Educated
94%
High-School Grad
6.0 sq mi
ZIP Area
1,945
Density / Sq Mi
$57,943
Median Household Income
$37,946
Median Earnings
$886
Median Rent
$119,000
Median Home Value

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 - All-brick multifamily property with two- and three-bedroom apartments, on-site laundry, storage, and off-street parking.
Where is this apartment building located?
The property is located at 121 Locust Street Ambridge, PA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 26‑unit apartment property with a mix of 2- and 3‑bedroom residences; All‑brick construction, built in 1962; Two sections with 13 units at 111 and 13 units at 121
More about this property
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