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Renovated Five-Unit Apartment Building
For Sale
Contact for pricing
Pending

601 Indiana Ave, Glassport, PA 15045

Fully occupied five-unit apartment building with off-street tenant parking and recent major systems updates.

Property SizeContact for details
Days on Market146

Property Features for 601 Indiana Ave

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 5

Building Details

Tenancy Multi
Listing Agency: Your Town Realty
Listed By: Clint Boling · License #PA RM426278
Source: Crexi
Added: Apr 12 Changed: Aug 14 Last Checked: Aug 31 at 4:01AM

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 Your Town Realty

Investment Insights

Based on property information with market context.

This fully occupied five-unit apartment building has been renovated and stabilized by the current owner. The property includes off-street parking for tenants. Utilities are separately metered, with tenants paying for gas and electric, and tenants maintain their own furnace and water heaters.

The building has several system improvements, including a new roof and multiple newer mechanical units. Recent updates cited include two new water heaters and a new furnace installed in 2020.

With 5 residential units and a stabilized, in-place management setup described as transferable, the building is positioned for continued operations under local management.

Key Highlights

  • Fully occupied 5‑unit apartment building with off‑street tenant parking
  • Owner renovated and stabilized the property
  • Separate gas and electric meters; tenants pay gas and electric

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Spa & Massage Center Hair 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

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

273
Businesses Nearby

Demographics for 15045, PA

4,475
Population
2,121
Households
2.1
Avg Household Size
40
Median Age
12%
College-Educated
87%
High-School Grad
1.6 sq mi
ZIP Area
2,797
Density / Sq Mi
$45,354
Median Household Income
$29,941
Median Earnings
$844
Median Rent
$82,400
Median Home Value

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 - Fully occupied five-unit apartment building with off-street tenant parking and recent major systems updates.
Where is this apartment building located?
The property is located at 601 Indiana Ave Glassport, PA.
What are key features of this property?
This property features: Fully occupied 5‑unit apartment building with off‑street tenant parking; Owner renovated and stabilized the property; Separate gas and electric meters; tenants pay gas and electric
More about this property
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