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8-Room Residential Income Property
For Sale
$349,999

323 Franklin St, Slippery Rock, PA 16057

ResidentialIncome, Slippery Rock Boro, PA

Property SizeContact for details
Lot Size0.35 Acres
Days on Market236

Property Features for 323 Franklin St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning C-2
Zoning description C-2
Bedrooms 8
Rooms Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 3, Bedroom 2, Bedroom 8, Bedroom 7, Basement, Bedroom 5
Parking features Off Street, Assigned
Elementary school district Slippery Rock Area
Middle school district Slippery Rock Area
High school district Slippery Rock Area
Directions (GPS) 108 E. INTO SLIPPERY ROCK BORO. LOCATED ON LEFT ACROSS FROM DG.
Subdivision Slippery Rock Boro
Standard status Active
Lot size 0.35 Acres

Taxes and HOA fees

Tax Annual Amount 2298

Amenities

coin-operated laundry
auto-locking doors
backyard
picnic tables
patio chairs
private off-street parking

Building Details

Year built 1900
Number of units 8
Building materials Frame
Roof type Slate
Listing Agency: CASTLE REALTY
Listed By: Francesca Ferrara · License #AB069536
Added: Mar 6 Changed: Oct 25 Last Checked: Oct 28 at 7:06AM
MLS# 1742677

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.

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Investment Insights

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Configured for room-by-room occupancy, the residence has eight individually rented bedrooms, each furnished with a bed, dresser, desk, shelving, and a personal refrigerator. Residents share a full kitchen, coin-operated laundry, and two full bathrooms. The frame building, constructed in 1900, has a slate roof and sits on 0.3528 acres. Mechanical and electrical improvements include a high-efficiency furnace, an updated hot water tank, and 200-amp electrical service.

The property is near Slippery Rock University and is directly across the street from Dollar General. Assigned off-street parking is available for residents, and the outdoor area includes a backyard with picnic tables and patio chairs. Zoning is C-2.

Key Highlights

  • Eight furnished bedrooms rented individually
  • Shared full kitchen, coin‑operated laundry, and two full bathrooms
  • High‑efficiency furnace, updated hot water tank, and 200‑amp electrical service

Property Analytics

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Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby

Demographics for 16057, PA

14,327
Population
6,171
Households
2.3
Avg Household Size
29
Median Age
28%
College-Educated
96%
High-School Grad
88.7 sq mi
ZIP Area
162
Density / Sq Mi
$56,285
Median Household Income
$16,957
Median Earnings
$858
Median Rent
$242,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Furnished private rooms share a full kitchen, coin-operated laundry, and two bathrooms.
Where is this residential income property located?
The property is located at 323 Franklin St Slippery Rock, PA.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: Eight furnished bedrooms rented individually; Shared full kitchen, coin‑operated laundry, and two full bathrooms; High‑efficiency furnace, updated hot water tank, and 200‑amp electrical service
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