Mixed-Use Building with
For Sale
$145,000
445-449 Jefferson Ave City of, Washington, PA 15301
ResidentialIncome, City of Washington, PA
Property Size797 SF
Lot Size0.22 Acres
Price / SF$181.93
Days on Market75
Property Features for 445-449 Jefferson Ave City of
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
GB
Zoning description
GB
Bedrooms
5
Full bathrooms
5
Rooms
Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bedroom 2, Bedroom 1, Bathroom 3, Bathroom 5
Parking
8
Parking features
On Street, Off Street
Elementary school district
Washington
Middle school district
Washington
High school district
Washington
Directions
Route 70 to Jefferson Ave
Subdivision
City of Washington
Standard status
Active
Lot size
0.22 Acres
Additional Details
Tenant in Place
Yes
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Annual Amount
3404
Building Details
Year built
1903
Number of units
5
Building materials
Brick
Roof type
Slate
Buildings
1
Listing Agency:
Keller Williams Realty
Listed By:
Doug Burig · License #AB061392L
(724) 941-9400
Added: Aug 19
Changed: Oct 23
Last Checked: Nov 1 at 1:06AM
MLS# 1770499
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
Based on property information with market context.
This brick mixed-use property includes a 797-square-foot storefront and two one-bedroom apartments that are currently rented. The lower level contains a finished two-bedroom apartment, while the second floor has a large unfinished former apartment. Another one-bedroom apartment is slated for remodeling, and the basement offers storage space.
Built in 1903, the property sits on 0.2238 acres and has a slate roof. Parking options include off-street and on-street spaces. The zoning designation is GB.
Built in 1903, the property sits on 0.2238 acres and has a slate roof. Parking options include off-street and on-street spaces. The zoning designation is GB.
Key Highlights
- 797‑square‑foot storefront
- Two currently rented one‑bedroom apartments
- Finished two‑bedroom apartment on the lower level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,070
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$161,400
$161.4K
Cap Rate 7%
$115,286
$115.3K
Cap Rate 9%
$89,667
$89.7K
Market Conditions
NOI Build-Up for 797 SF
Gross rent
$14.3K $18.00/SF
− Vacancy
−$1.4K −$1.80/SF
EGI
$12.9K $16.20/SF
− OpEx
−$4.8K −$6.07/SF
NOI
$8.1K $10.13/SF
Area
Washington County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$161,400
Cap Rate 7%
$115,286
Cap Rate 9%
$89,667
Alternative Uses
Best Use
Mixed Use
$115.3K
$100.9K – $134.5K
NOI $8,070 @ 7.0% cap · market cap 5.57%
Second Best
Retail
$114.8K
$100.4K – $133.9K
NOI $8,034 @ 7.0% cap · market cap 5.54%
Theoretical Best
Specialty Retail
$245.6K
$214.9K – $286.5K
NOI $17,191 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,572
Businesses Nearby
Explore this area
Business Placement
Demographics for 15301, PA
48,963
Population
24,001
Households
2
Avg Household Size
45
Median Age
27%
College-Educated
92%
High-School Grad
122.0 sq mi
ZIP Area
401
Density / Sq Mi
$69,275
Median Household Income
$43,546
Median Earnings
$927
Median Rent
$205,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two occupied one-bedroom units complement additional apartment space on the lower level and upper floor.
Where is this mixed-use property located?
The property is located at 445-449 Jefferson Ave City of Washington, PA.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 797‑square‑foot storefront; Two currently rented one‑bedroom apartments; Finished two‑bedroom apartment on the lower level
