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Five-Unit Apartment Building
For Sale
$315,900

701 E 2nd, Tarentum, PA 15084

ResidentialIncome, Tarentum, PA

Property SizeContact for details
Lot Size0.05 Acres
Days on Market232

Property Features for 701 E 2nd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning mul
Zoning description mul
Parking features On Street
Elementary school district Highlands
Middle school district Highlands
High school district Highlands
Directions USE GPS
Subdivision Tarentum
Standard status Active
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 3182

Building Details

Year built 1911
Number of units 4
Roof type Composition
Listing Agency: COLDWELL BANKER REALTY · Coldwell Banker Real Estate
Listed By: Robert Strohm · License #RS189629
Added: Jan 7 Changed: Aug 26 Last Checked: Aug 27 at 6:06AM
MLS# 1736196

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 fully occupied apartment property contains five residential units and was built in 1911. Utility service is separately metered across the building, with 5 electric meters, 5 water meters, and 5 gas meters. The efficiency apartment has a recently installed mini-split system, while the landlord covers its utilities. Unit 5 provides 2 bedrooms and 1 bathroom.

The property is located at 701 E 2nd in Tarentum, Pennsylvania, within zoning designation mul. The 0.0463-acre parcel includes on-street parking, and the building has a composition roof. The configuration combines stable occupancy with individually tracked utility usage across the residential units.

Key Highlights

  • Five‑unit apartment property with full occupancy
  • 5 electric meters, 5 water meters, and 5 gas meters
  • Unit 5 includes 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Spa & Massage Center Parking Lot & Garage 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

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby

Demographics for 15084, PA

10,063
Population
4,756
Households
2.1
Avg Household Size
43
Median Age
25%
College-Educated
96%
High-School Grad
28.9 sq mi
ZIP Area
348
Density / Sq Mi
$61,660
Median Household Income
$40,571
Median Earnings
$741
Median Rent
$111,500
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?
Apartment building - Fully occupied property with separately metered electric, water, and gas service.
Where is this apartment building located?
The property is located at 701 E 2nd Tarentum, PA.
What is the asking price?
The asking price for this property is $315,900.
What are key features of this property?
This property features: Five‑unit apartment property with full occupancy; 5 electric meters, 5 water meters, and 5 gas meters; Unit 5 includes 2 bedrooms and 1 bathroom
More about this property
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