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22-Unit Apartment Building
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700 McKean Ave, Donora, PA 15033

Subsidized project-based Section 8 housing with elevator access, laundry facilities, and a community room.

Property SizeContact for details
Days on Market143

Property Features for 700 McKean Ave

General Information

Standard status Active
Elevators Yes
Property subtype Multifamily

Units

Unit Mix 22 x 1BR/1BA
Multifamily Units 22

Amenities

Laundry Room
Community Room
Listing Agency: Aegis Realty Partners, Inc.
Listed By: Rick Dimidjian · License #PA RB 065098
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 7:56PM

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 Aegis Realty Partners, Inc.

Investment Insights

Based on property information with market context.

This 22-unit apartment building contains a uniform residential layout, with each apartment offering 1 bedroom and 1 bathroom in approximately 715 SF. Building amenities include an elevator serving all levels, two stairwells, a laundry room, and a community room available for tenant use.

The property operates through the Section 8 Project Based program and is restricted to qualified low-income applicants. Located at 700 McKean Ave in Donora, Pennsylvania, the asset is intended for an experienced Project Based Section 8 operator with internal management or a ready third-party management arrangement.

Key Highlights

  • 22 units, each with 1 bedroom and 1 bathroom
  • Apartments measure approximately 715 SF each
  • Section 8 Project Based affordable housing program

Property Analytics

Current Use

Donora Apartments Apartment Building

Suggested Use

Top Pick Parking Lot & Garage Law Firm Building Supply Kitchen & Bath Showroom Auto Parts Store Grocery & Convenience Store

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

22
Residential units

Location Intelligence

Trade Area within ½ mile

290
Businesses Nearby

Demographics for 15033, PA

4,677
Population
2,850
Households
1.6
Avg Household Size
43
Median Age
15%
College-Educated
92%
High-School Grad
2.4 sq mi
ZIP Area
1,949
Density / Sq Mi
$43,232
Median Household Income
$35,205
Median Earnings
$842
Median Rent
$58,200
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 - Subsidized project-based Section 8 housing with elevator access, laundry facilities, and a community room.
Where is this apartment building located?
The property is located at 700 McKean Ave Donora, PA.
What are key features of this property?
This property features: 22 units, each with 1 bedroom and 1 bathroom; Apartments measure approximately 715 SF each; Section 8 Project Based affordable housing program
(412) 235-7216 Call to check price and availability
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