Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    314-316 Spruce Street Vandergrift, PA 15690

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $109,900

    Duplex with updated unit and immediate income potential.

    Type:Multi-Unit / Duplex
    Added:
    Apr 14, 2026
    Days on Market:
    2
    Last Refresh:
    Apr 14 at 11:44 am

    Property Features for 314-316 Spruce Street

    General Information

    Standard status
    Active
    Property subtype
    Multi-Unit / Duplex

    Building Details

    Year Built
    9999

    We can help!

    Listing Contact
    Michael Scott
    Michael Scott

    Listing agent Michael Scott License #RS358414

    Listing office HOUSEROCK REALTY, LLC

    Listing date Apr 14, 2026

    Source Compass

    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 HOUSEROCK REALTY, LLC

    Overview

    Vandergrift Duplex: Investor Opportunity

    This duplex, located in Vandergrift, presents an investor opportunity. The property at 314-316 Spruce Street features two units, each containing 2 bedrooms and 1 full bathroom. Unit 314 is currently occupied by a long-term tenant, providing immediate income. Unit 316 has been recently updated and is ready for a new tenant or owner-occupant. Both units include separate basements with laundry hook-ups and separate utilities. The property also features a metal roof installed in 2020 and 4 off-street parking spaces in the rear with access from the 41st Street alley.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Vandergrift
    County
    Westmoreland
    State
    Pennsylvania
    Longitude
    -79.57122
    Latitude
    40.60067

    Nearby Similar for Sale

    • $695,000

      Turn-Key Lodge and Restaurant

      Profitable hospitality and dining destination on the Kiski River.
      2843 River Rd, Parks Twp, PA 15690
      View Details
    • $179,000

      Turnkey Chocolate and Confectionery Operation

      Fully equipped chocolate and confectionery operation in Vandergrift, Pennsylvania.
      113 Grant Avenue, Vandergrift, PA 15690
      View Details
    • $275,000
      7,510 SF

      Versatile Commercial Property For Sale

      High-traffic area, two spaces, rental income, endless possibilities.
      1022 Hancock Ave, Vandergrift, PA
      View Details
    • $325,000

      Historical Vandergrift Restaurant and Bar

      Turn-key restaurant and bar in historical Vandergrift, Pennsylvania.
      123 Washington Ave, Vandergrift, PA
      View Details
    • $1,650,000
      20,600 SF

      Industrial Warehouse For Sale

      20,600 SF industrial warehouse property available for sale.
      1135 Industrial Park Rd, Vandergrift, PA
      View Details

    FAQs

    What type of property is this?
    Duplex - Duplex with updated unit and immediate income potential.
    Where is this duplex located?
    The property is located at 314-316 Spruce Street Vandergrift, PA.
    What is the asking price?
    The asking price for this property is $109,900.
    What are key features of this property?
    This property features: Investor opportunity with immediate income from long‑term tenant in one unit.; Updated vacant unit ready for new tenant or owner‑occupant.; Two units, each with 2 bedrooms and 1 full bathroom.
    (412) 759-4548
    We can help!
    Listing Contact
    Michael Scott
    Michael Scott
    Real Estate License ID: RS358414
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!