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9-Unit Apartment Portfolio
New
For Sale
$600,000

322 Railroad Street, Lilly, PA 15938

Multi-Family, 2 Story, Lilly, PA

Property SizeContact for details
Days on Market2

Property Features for 322 Railroad Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Unverified
Lot features More Than One Lot
Elementary school district Penn Cambria
Middle school district Penn Cambria
High school district Penn Cambria
Directions Multiple locations, contact agent for details.
Subdivision Lilly Boro-1st Ward-35
Standard status Active
APN SEE COMMENTS

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 Hot Water(Heating)
Water source Public

Building Details

Floors in Building 2
Number of units 9
Building materials Vinyl Siding
Roof type Shingle, Metal
Architectural style Other
Listing Agency: HOWARD HANNA BARDELL REALTY ALTOONA
Listed By: Hunter Ott · License #RS353898
Added: Sep 10 Last Checked: Sep 11 at 10:06PM
MLS# 96042540

Copyright © 2026 Cambria Somerset 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.

Investment Insights

Based on property information with market context.

This residential portfolio comprises 9 units across three adjacent 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 undergone recent renovations, while the buildings feature vinyl siding, hot water heating, and shingle or metal roofing.

The properties are positioned beside one another, allowing the portfolio to be managed as a consolidated residential holding. Public water and public sewer serve the buildings. The offering provides a mix of duplex, apartment, and triplex configurations within a compact group of properties in Cambria County.

Key Highlights

  • 9‑unit portfolio spanning a duplex, 4‑unit apartment building, and triplex
  • Three adjacent properties at 336 Railroad Street, 322 Railroad Street, and 315 Main Street
  • Several units recently renovated

Property Analytics

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Current Use

CMO Thrift Shop Discount Store Mystical Cleaning Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Dental Office HVAC Service Barber Shop

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three adjacent buildings include recently renovated units and connect to public water and public sewer systems.
Where is this apartment building located?
The property is located at 322 Railroad Street Lilly, PA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 9‑unit portfolio spanning a duplex, 4‑unit apartment building, and triplex; Three adjacent properties at 336 Railroad Street, 322 Railroad Street, and 315 Main Street; Several units recently renovated
More about this property
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