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5-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 Market291

Property Features for 701 E 2nd

General Information

Property type Residential Multi Family
Property subtype Other
Zoning mul
Zoning description mul
Bedrooms 6
Full bathrooms 4
Rooms Bathroom 4, Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 3, Basement, Bathroom 1
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

Additional Details

Tenant in Place Yes
Individually Metered Utilities electricity, water, gas

Taxes and HOA fees

Tax Annual Amount 3182

Building Details

Year built 1911
Number of units 4
Building materials Brick
Roof type Composition
Buildings 1
Listing Agency: COLDWELL BANKER REALTY · Coldwell Banker Real Estate
Listed By: Robert Strohm · License #RS189629
Added: Jan 7 Changed: Oct 25 Last Checked: Oct 25 at 3:06PM
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.

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Investment Insights

Based on property information with market context.

This 5-unit apartment building dates to 1911 and has brick construction. The property is fully occupied, with five electric meters, five water meters, and five gas meters. Unit 5 contains two bedrooms and one bathroom. The efficiency apartment has a recently installed mini-split system; the landlord pays its utilities.

The 0.0463-acre property is zoned MUL and offers on-street parking.

Key Highlights

  • Five‑unit apartment property reported fully occupied
  • Five electric meters, five water meters, and five gas meters
  • Unit 5 has 2 bedrooms and 1 bathroom

Property Analytics

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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
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?
Apartment building - Five residences have separate electric, water, and gas meters.
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 reported fully occupied; Five electric meters, five water meters, and five gas meters; Unit 5 has 2 bedrooms and 1 bathroom
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