Duplex with Off-Street
For Sale
Under Contract
$185,000
136 Greenville Avenue, Clarion, PA 16214
MULTI_FAMILY - Clarion, PA
Property Size1,794 SF
Lot Size0.21 Acres
Price / SF$103.12
Days on Market114
Property Features for 136 Greenville Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Basement, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Basement
Full
Elementary school district
Clarion
Middle school district
Clarion
High school district
Clarion
Subdivision
Clarion
Standard status
Active Under Contract
APN
05-040-094-000-00
Size
1,794 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Annual Amount
1699
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1900
Floors in Building
3
Number of units
2
Roof type
Composition
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
Cheyna Griggs
(814) 715-9091
Added: Apr 10
Changed: Jul 31
Last Checked: Aug 1 at 10:06AM
MLS# 163708
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 duplex on a 0.206-acre lot includes two rental units and a full basement. The first unit has 2 bedrooms, 1 bathroom, a kitchen/dining room combo, and a living room. The second unit has 3 bedrooms, 1 bathroom, a kitchen, and a living room/dining room combo. There is expansion potential on the 3rd floor. The carport was enclosed for additional living space.
Off-street parking is available for 9 vehicles out back. The full basement includes 2 washers and 2 dryers. Recent updates include kitchens, bathrooms, fresh paint, and a new porch, and all appliances will be included with the sale. The landlord covers all utilities except water/sewer.
Heating is forced air with natural gas, and the roof is composition. Public water and public sewer are provided. Built in 1900, the property is described as steps from PennWest University and within walking distance to downtown Clarion.
Off-street parking is available for 9 vehicles out back. The full basement includes 2 washers and 2 dryers. Recent updates include kitchens, bathrooms, fresh paint, and a new porch, and all appliances will be included with the sale. The landlord covers all utilities except water/sewer.
Heating is forced air with natural gas, and the roof is composition. Public water and public sewer are provided. Built in 1900, the property is described as steps from PennWest University and within walking distance to downtown Clarion.
Key Highlights
- 0.206‑acre duplex with 1,794 SF built in 1900
- Unit mix: 2 bed/1 bath plus 3 bed/1 bath, with 3rd‑floor expansion potential
- Off‑street parking for 9 vehicles out back
Financial Insights For Multifamily LT 5
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 | $18.3k | $10.20 |
| − Vacancy | −$1.2k | −$0.66 |
| EGI | $17.1k | $9.54 |
| − OpEx | −$5.1k | −$2.86 |
| NOI | $12.0k | $6.68 |
1,794 SF · lease $10.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$171.1K
$149.7K – $199.6K
NOI $11,977 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$159.0K
$139.1K – $185.5K
NOI $11,130 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$317.4K
$277.7K – $370.3K
NOI $22,217 @ 7.0% cap · market cap 12.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 16214, PA
8,308
Population
4,113
Households
2
Avg Household Size
32
Median Age
40%
College-Educated
93%
High-School Grad
47.9 sq mi
ZIP Area
173
Density / Sq Mi
$53,430
Median Household Income
$23,262
Median Earnings
$872
Median Rent
$169,100
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?
Duplex - Well-maintained duplex in R3 zoning with off-street parking, full basement laundry, and two separate units.
Where is this duplex located?
The property is located at 136 Greenville Avenue Clarion, PA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 0.206‑acre duplex with 1,794 SF built in 1900; Unit mix: 2 bed/1 bath plus 3 bed/1 bath, with 3rd‑floor expansion potential; Off‑street parking for 9 vehicles out back
