5-Unit Multifamily Building with Separate
For Sale
$315,900
701 E 2nd, Tarentum, PA 15084
MULTI_FAMILY - Tarentum, PA
Property SizeContact for details
Lot Size0.05 Acres
Days on Market221
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
(412) 963-7655
Listed By:
Robert Strohm · License #RS189629
(412) 963-7655
Added: Jan 7
Changed: Jun 30
Last Checked: Aug 16 at 7:06PM
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.
Investment Insights
Based on property information with market context.
This 5-unit multifamily property features separate utilities with five electric meters, five water meters, and five gas meters servicing the building. The units are individually metered, which can simplify utility billing and expense tracking across the property. Unit 5 is configured as 2 bedrooms and 1 bathroom and rents for $800 per month. The efficiency apartment has a newly installed mini-split system, and the landlord pays utilities for the efficiency apartment only.
The property is located at 701 E 2nd in Tarentum, Pennsylvania 15084, within Allegheny County (Allegheny-North). The lot size is 0.0463 acres. Zoning is listed as mul.
For buyers seeking an income-producing multifamily asset, the key operational takeaway is that the building is fully occupied and benefits from individual electric, water, and gas metering across the units. With utilities handled directly through meters, most tenant-paid utility responsibility can align with measured usage, while the efficiency unit remains the exception where the landlord covers utilities. This setup can appeal to investors or owner-operators looking for a relatively controlled utility structure alongside steady occupancy.
The property is located at 701 E 2nd in Tarentum, Pennsylvania 15084, within Allegheny County (Allegheny-North). The lot size is 0.0463 acres. Zoning is listed as mul.
For buyers seeking an income-producing multifamily asset, the key operational takeaway is that the building is fully occupied and benefits from individual electric, water, and gas metering across the units. With utilities handled directly through meters, most tenant-paid utility responsibility can align with measured usage, while the efficiency unit remains the exception where the landlord covers utilities. This setup can appeal to investors or owner-operators looking for a relatively controlled utility structure alongside steady occupancy.
Key Highlights
- Fully occupied 5‑unit building (all units rented) with separate utilities
- Separate utility metering: 5 electric meters, 5 water meters, and 5 gas meters
- Unit 5 rents for $800/month and includes 2 bedrooms and 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied five-unit building with individual utility metering, supporting straightforward rent-and-expense management.
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: Fully occupied 5‑unit building (all units rented) with separate utilities; Separate utility metering: 5 electric meters, 5 water meters, and 5 gas meters; Unit 5 rents for $800/month and includes 2 bedrooms and 1 bathroom
