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Four-Unit Multifamily Property
For Sale
$299,999
Pending

56 & 56 1/2 W Prospect Ave City of, Washington, PA 15301

ResidentialIncome, City of Washington, PA

Property SizeContact for details
Lot Size0.39 Acres
Days on Market71

Property Features for 56 & 56 1/2 W Prospect Ave City of

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R-4
Zoning description R-4
Bedrooms 8
Full bathrooms 4
Rooms Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 7, Bedroom 8
Parking features Off Street, On Street
Elementary school district Washington
Middle school district Washington
High school district Washington
Subdivision City of Washington
Standard status Pending
Lot size 0.39 Acres

Taxes and HOA fees

Tax Annual Amount 3035

Building Details

Year built 1900
Number of units 4
Building materials Brick
Roof type Asphalt
Architectural style Other
Listing Agency: REALTY ONE GROUP PLATINUM
Listed By: Michael Rosa · License #RS368714
Added: Aug 8 Changed: Oct 8 Last Checked: Oct 17 at 4:06AM
MLS# 1768090

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 four-unit property occupies two buildings: a full-brick Victorian containing three apartments and a separate detached house with the fourth unit. The apartment layouts include two 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit. The detached residence is described as a 1-bedroom, 1-bath unit with a second captive bedroom. All units have been updated, and the buildings have newer roofs and HVAC systems. The property dates to 1900 and sits on 0.3903 acres. Zoning is R-4.

Parking options include off-street and on-street parking. The property is near downtown Washington, with shopping, dining, schools, and major highways also identified in the surrounding area.

Key Highlights

  • Four income‑producing units across two buildings
  • Full‑brick Victorian with three apartments and a separate detached residence
  • Unit layouts: two 2‑bedroom, 1‑bath apartments; one 3‑bedroom, 1‑bath apartment; and one 1‑bedroom, 1‑bath unit with a second captive bedroom

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Real Estate Agency

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

823
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Multifamily property - Two buildings combine a brick Victorian apartment house with a separate detached residence; all four units have been updated.
Where is this multifamily property located?
The property is located at 56 & 56 1/2 W Prospect Ave City of Washington, PA.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Four income‑producing units across two buildings; Full‑brick Victorian with three apartments and a separate detached residence; Unit layouts: two 2‑bedroom, 1‑bath apartments; one 3‑bedroom, 1‑bath apartment; and one 1‑bedroom, 1‑bath unit with a second captive bedroom
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