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Brick Multi-Unit Income Property
For Sale
$165,000

1421 5th Ave, New Kensington, PA 15068

MULTI_FAMILY - New Kensington, PA

Property SizeContact for details
Lot Size0.06 Acres
Days on Market286

Property Features for 1421 5th Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Comm
Zoning description Comm
Parking features On Street
Elementary school district New Kensington/Arnold
Middle school district New Kensington/Arnold
High school district New Kensington/Arnold
Subdivision Arnold
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 1326

Building Details

Number of units 3
Listing Agency: COLDWELL BANKER REALTY · Coldwell Banker Real Estate
Listed By: Nicole D Arduino
Added: Nov 3, 2025 Changed: Jun 30 Last Checked: Aug 16 at 10:06PM
MLS# 1729333

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 brick multi-unit income property includes three separate spaces. The main level features a commercial storefront that is currently used as a residential apartment. The upper level provides a large apartment with four bedrooms and one and one-half bathrooms, with room for flexible layout options.

The third unit is a separate rear two-bedroom, one-bath home that is already gutted and ready for renovation. The building is positioned on a small lot and is offered for sale as a project-based investment with multiple ways to configure rental space.

For buyers looking for residential rental opportunities, the property’s structure supports multiple tenant-ready configurations. The combination of an existing upper apartment, a main-level apartment currently operating out of a storefront, and a rear unit with interior work already started may appeal to owner-operators and investors seeking to put immediate and future renovation plans under one roof. Zoning is listed as “Comm,” and the offering is presented as a multi-unit property in New Kensington, Pennsylvania.

Key Highlights

  • Large brick multi‑unit building at 1421 5th Avenue in Arnold, featuring multiple separate spaces
  • Main level includes a commercial storefront currently used as a residential apartment
  • Upstairs offers a 4‑bedroom, 1.5‑bath apartment with a spacious layout

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Skin Care Clinic Food Market (Bike/Boat/Book/etc) Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

648
Businesses Nearby

Demographics for 15068, PA

37,104
Population
18,319
Households
2
Avg Household Size
47
Median Age
27%
College-Educated
95%
High-School Grad
45.4 sq mi
ZIP Area
817
Density / Sq Mi
$62,997
Median Household Income
$42,795
Median Earnings
$749
Median Rent
$166,000
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?
Triplex - Three separate residential units offer a mix of completed space and a gutted rear home for renovation or expansion.
Where is this triplex located?
The property is located at 1421 5th Ave New Kensington, PA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Large brick multi‑unit building at 1421 5th Avenue in Arnold, featuring multiple separate spaces; Main level includes a commercial storefront currently used as a residential apartment; Upstairs offers a 4‑bedroom, 1.5‑bath apartment with a spacious layout
More about this property
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