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Well-Maintained Triplex with Garage
For Sale
$260,000
Pending

524 West Pike Street, Meadow Lands, PA 15347

Three rented units plus a detached two-car garage with rear parking and separately metered gas and electric.

Property SizeContact for details
Days on Market139

Property Features for 524 West Pike Street

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Multi-Unit / Triplex
Zoning R2
Occupancy 100%
Net Operating Income $14,081

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,539

Amenities

Yes
0.0
Asphalt

Building Details

Year Built 1898
Tenancy Multi
Listing Agency: BERKSHIRE HATHAWAY THE PREFERRED REALTY
Listed By: Ruthann Cleveland · License #RS280900
Source: Compass
Added: Apr 23 Changed: Aug 8 Last Checked: Jul 24 at 12:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY THE PREFERRED REALTY

Investment Insights

Based on property information with market context.

This well-maintained triplex includes three residential units and a detached two-car garage. The property has parking in the rear, supporting convenient day-to-day access for residents and guests. All three units are currently rented. Gas and electric services are separated, with the tenant paying for utilities. The detached garage is not currently rented.

The home is offered for sale. The unit and utility separation configuration can simplify resident billing and operations compared with shared utilities.

With three income-producing units and an additional attached garage structure on site, this property offers a straightforward residential income setup for qualified buyers.

Key Highlights

  • Triplex built in 1898 with 3 units, all currently rented
  • All 3 units have separate utilities: gas and electric are separately metered with tenant‑paid utilities
  • Detached 2‑car garage on the property (currently not rented)

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hair Salon Electrical Service Spa & Massage Center Nail Salon

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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

200
Businesses Nearby

Demographics for 15347, PA

608
Population
143
Households
4.3
Avg Household Size
47
Median Age
14%
College-Educated
65%
High-School Grad
0.5 sq mi
ZIP Area
1,216
Density / Sq Mi
$39,500
Median Earnings
$173,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three rented units plus a detached two-car garage with rear parking and separately metered gas and electric.
Where is this triplex located?
The property is located at 524 West Pike Street Meadow Lands, PA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Triplex built in 1898 with 3 units, all currently rented; All 3 units have separate utilities: gas and electric are separately metered with tenant‑paid utilities; Detached 2‑car garage on the property (currently not rented)
More about this property
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