14-Unit Apartment
7421 Sharon Mercer Rd, Mercer, PA 16137
For Sale
$1,000,000
Three-level rental property with kitchen and bath updates and central air conditioning in every apartment.
Property SizeContact for details
Days on Market85
Property Features for 7421 Sharon Mercer Rd
General Information
Standard status
Total Parking Spaces
Property subtype
Occupancy
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
central air
laundry
Building Details
Year Built
Construction
Listing Agency:
BERKSHIRE HATHAWAY THE PREFERRED REALTY
Listed By:
Rose Turuck
(724) 981-9771
Source:
Indianlakerealty
Added: Aug 19
Changed: Nov 11
Last Checked: Nov 11 at 2:24AM
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 BERKSHIRE HATHAWAY THE PREFERRED REALTY
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Investment Insights
Based on property information with market context.
This 14-unit apartment property was built in 1974 and contains 29 bedrooms and 21.5 bathrooms. Apartments are distributed across three levels: four on the lower level, six on the main level, and four on the upper level. The lower level also includes laundry, storage and utility rooms, plus a half bath. The building has a brick and vinyl exterior, a rubber membrane roof with metal accents, central air conditioning in all units, gas forced-air furnaces and one heat pump. Kitchen and bathroom updates and flooring improvements have been made. The property spans nearly 4 acres and is fully occupied. Tenants pay utilities, with common-area costs and specified apartment service exceptions handled separately.
Key Highlights
- 14 apartments across three levels: 4 lower‑level, 6 main‑level and 4 upper‑level units
- 29 bedrooms and 21.5 bathrooms
- Nearly 4 acres; all units are currently occupied
Property Analytics
Lease Details
14
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 16137, PA
12,654
Population
4,966
Households
2.5
Avg Household Size
45
Median Age
21%
College-Educated
88%
High-School Grad
108.5 sq mi
ZIP Area
117
Density / Sq Mi
$69,975
Median Household Income
$36,416
Median Earnings
$635
Median Rent
$176,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Three-level rental property with kitchen and bath updates and central air conditioning in every apartment.
Where is this apartment building located?
The property is located at 7421 Sharon Mercer Rd Mercer, PA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 14 apartments across three levels: 4 lower‑level, 6 main‑level and 4 upper‑level units; 29 bedrooms and 21.5 bathrooms; Nearly 4 acres; all units are currently occupied
