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Eight-Unit Apartment Buildings
For Sale
$649,900

324-330 Park Rd, Ambridge, PA 15003

Ambridge, PA

Property SizeContact for details
Days on Market8

Property Features for 324-330 Park Rd

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Standard status Active

Building Details

Year built 1920
Listing Agency: Engel & Volkers Sewickley · Engel & Völkers
Listed By: Matthew Swab
Added: Sep 13 Last Checked: Sep 20 at 2:06AM
MLS# 1770384

Copyright © 2026 Engel & Völkers. 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 multifamily property includes two all-brick buildings with eight total apartments, consisting of four 3-bedroom, 1-bath units in each building. The first-floor layouts are approximately 1,000 square feet and include eat-in kitchens, living rooms, LVP or laminate flooring, and updated full bathrooms. Upper-level apartments provide larger living rooms, while all units have access to back porches and off-street parking behind the buildings. Separate utilities support straightforward property management.

Capital work includes newly installed electric service, plus roof, soffit, and fascia improvements. One building received complete replacement work in these areas, while the other was repaired as needed. Seven units have been updated with varying finishes, and one vacant apartment requires a full renovation, including kitchen and bathroom installation. The property is located just off Route 65 and within walking distance of central Ambridge.

Key Highlights

  • Eight apartments across two all‑brick buildings
  • Each apartment offers 3 bedrooms and 1 bath
  • First‑floor units are approximately 1,000 square feet

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Electrical Service Nail Salon (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

8
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

464
Businesses Nearby

Demographics for 15003, PA

11,672
Population
5,955
Households
2
Avg Household Size
40
Median Age
24%
College-Educated
94%
High-School Grad
6.0 sq mi
ZIP Area
1,945
Density / Sq Mi
$57,943
Median Household Income
$37,946
Median Earnings
$886
Median Rent
$119,000
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two brick residential buildings offer separately metered apartments, rear parking, and a mix of updated and renovation-ready units.
Where is this apartment building located?
The property is located at 324-330 Park Rd Ambridge, PA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Eight apartments across two all‑brick buildings; Each apartment offers 3 bedrooms and 1 bath; First‑floor units are approximately 1,000 square feet
More about this property
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