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Three-Unit Apartment Property
For Sale
$200,000

316 East 16th Avenue, Homestead, PA 15120

Three one-bedroom residences and a garage are fully occupied within this residential property.

Property SizeContact for details
Days on Market208

Property Features for 316 East 16th Avenue

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multi-Unit / Triplex
Zoning Res
Occupancy 100%

Units

Unit Mix 3 x 1BR/1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,601

Amenities

0.0
Asphalt

Building Details

Year Built 1900
Listing Agency: BRIDGE HOME REALTY
Listed By: Elise Bickel Tauber · License #RM425350
Source: Compass
Added: Mar 24 Changed: Oct 16 Last Checked: Oct 16 at 10:26AM

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 BRIDGE HOME REALTY

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Investment Insights

Based on property information with market context.

Located at 316 East 16th Avenue in Homestead, Pennsylvania, this residential property contains three one-bedroom, one-bathroom apartments and a garage. The configuration provides three separate apartment residences within a single triplex asset, with all units fully occupied. Built in 1900, the property carries Res zoning and features asphalt exterior materials. Its established residential format and three-unit layout are suited to buyers seeking a small multifamily property with existing occupancy. The garage is included as part of the property and adds a supporting improvement to the apartment configuration.

Key Highlights

  • Three one‑bedroom, one‑bathroom apartments
  • Garage included with the property
  • All units fully occupied

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

781
Businesses Nearby

Demographics for 15120, PA

17,950
Population
9,514
Households
1.9
Avg Household Size
44
Median Age
27%
College-Educated
95%
High-School Grad
4.7 sq mi
ZIP Area
3,819
Density / Sq Mi
$55,205
Median Household Income
$44,943
Median Earnings
$835
Median Rent
$118,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three one-bedroom residences and a garage are fully occupied within this residential property.
Where is this triplex located?
The property is located at 316 East 16th Avenue Homestead, PA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Three one‑bedroom, one‑bathroom apartments; Garage included with the property; All units fully occupied
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