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Four-Unit Residential Property
For Sale
Under Contract
$340,000

616 Woodburn Lane, Greensburg, PA 15601

ResidentialIncome, Greensburg, PA

Property SizeContact for details
Lot Size0.32 Acres
Days on Market78

Property Features for 616 Woodburn Lane

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning Res
Zoning description Res
Parking 8
Parking features Off Street, On Street
Elementary school district Hempfield Area
Middle school district Hempfield Area
High school district Hempfield Area
Subdivision Hempfield Twp - WML
Standard status Active Under Contract
Lot size 0.32 Acres

Taxes and HOA fees

Tax Annual Amount 5798

Amenities

private balconies
laundry hook-ups

Building Details

Year built 1973
Number of units 4
Roof type Composition
Architectural style Other
Listing Agency: COLDWELL BANKER REALTY · Coldwell Banker Real Estate
Listed By: Cathy Kindel
Added: Jun 26 Changed: Sep 10 Last Checked: Sep 11 at 7:06AM
MLS# 1762013

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.

Investment Insights

Based on property information with market context.

This four-unit residential property includes three rented units and one vacant efficiency. Appliances are already in place, and the property has completed updates. Three units offer laundry hookups and private balconies; residents provide their own washers and dryers. Separate electric meters allow tenants to pay their own electric service, while the owner covers water, sewage, and garbage removal.

The property occupies 0.32 acres at 616 Woodburn Lane in Greensburg, PA 15601. Off-street and on-street parking are available. Built in 1973, the building has a composition roof and is identified with Res zoning.

Key Highlights

  • Four‑unit property with three rented units and one vacant efficiency
  • 0.32‑acre site at 616 Woodburn Lane, Greensburg, PA 15601
  • Three units include laundry hookups and private balconies

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Hair Salon Law Firm Nail Salon Restaurant Building Supply Auto Repair Shop

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
75%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

393
Businesses Nearby

Demographics for 15601, PA

57,141
Population
25,978
Households
2.2
Avg Household Size
47
Median Age
40%
College-Educated
96%
High-School Grad
80.6 sq mi
ZIP Area
709
Density / Sq Mi
$75,369
Median Household Income
$41,485
Median Earnings
$868
Median Rent
$209,400
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?
Quadplex - Three units are occupied, leaving one efficiency available for a new resident or owner occupant.
Where is this quadplex located?
The property is located at 616 Woodburn Lane Greensburg, PA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Four‑unit property with three rented units and one vacant efficiency; 0.32‑acre site at 616 Woodburn Lane, Greensburg, PA 15601; Three units include laundry hookups and private balconies
More about this property
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