Adjacent 9-Unit Multifamily
For Sale
$499,900
322 Railroad Street, Lilly, PA 15938
Commercial Sale, Lilly, PA
Property SizeContact for details
Days on Market51
Property Features for 322 Railroad Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Off Street
Basement
Full, Unfinished
Elementary school district
Penn Cambria
Middle school district
Penn Cambria
High school district
Penn Cambria
Subdivision
Lilly Borough
Standard status
Active
APN
SEE COMMENTS __
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Description
2025-807
Tax Annual Amount
3362
Legal Description
2025-807
Utilities
Sewer type
Public Sewer
Heating system
Oil, Propane (Heating), Electric (Heating)
Water source
Public
Building Details
Building materials
Vinyl Siding
Roof type
Metal, Shingle
Buildings
3
Listing Agency:
Howard Hanna Bardell Realty Altoona
(814) 313-4111
Listed By:
Hunter Ott · License #RS353898
(814) 254-8121
Added: Sep 10
Changed: Oct 26
Last Checked: Oct 30 at 6:06AM
MLS# 81222
Copyright © 2026 Allegheny Highland Association 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.
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Investment Insights
Based on property information with market context.
This multifamily offering comprises a 9-unit residential portfolio across three adjoining buildings in Lilly, Pennsylvania. The properties include a duplex at 336 Railroad Street, a 4-unit apartment building at 322 Railroad Street, and a triplex at 315 Main Street. Several units have been recently renovated, and the buildings feature vinyl siding, a combination of metal and shingle roofing, and basement space.
The properties are positioned next to one another, creating a concentrated portfolio across Railroad Street and Main Street. Each building is served by public water and public sewer. Heating systems include electric, oil, and propane, while off-street parking is available. The offering provides a multi-building residential asset with unit configurations ranging from duplex through triplex properties.
The properties are positioned next to one another, creating a concentrated portfolio across Railroad Street and Main Street. Each building is served by public water and public sewer. Heating systems include electric, oil, and propane, while off-street parking is available. The offering provides a multi-building residential asset with unit configurations ranging from duplex through triplex properties.
Key Highlights
- 9‑unit portfolio spanning a duplex, 4‑unit apartment building, and triplex
- 336 Railroad Street, 322 Railroad Street, and 315 Main Street are included
- Three properties are located next to each other in Lilly
Property Analytics
Who owns this building?
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Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
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Business Placement
Demographics for 15938, PA
2,472
Population
1,000
Households
2.5
Avg Household Size
47
Median Age
16%
College-Educated
95%
High-School Grad
24.0 sq mi
ZIP Area
103
Density / Sq Mi
$66,680
Median Household Income
$39,479
Median Earnings
$850
Median Rent
$136,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three adjoining residential buildings include recently renovated units and off-street parking in Lilly.
Where is this multifamily property located?
The property is located at 322 Railroad Street Lilly, PA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 9‑unit portfolio spanning a duplex, 4‑unit apartment building, and triplex; 336 Railroad Street, 322 Railroad Street, and 315 Main Street are included; Three properties are located next to each other in Lilly
