Six-Unit Apartment
For Sale
$365,000
800 4th Street, Ellwood City, PA 16117
C1-zoned apartment property with laundry facilities and off-street parking.
Property Size4,548 SF
Price / SF$80.26
Days on Market224
Property Features for 800 4th Street
General Information
Standard status
Active
Size
4,548 SF
Total Parking Spaces
8
Property subtype
Multi-Unit / Other
Zoning
C1
Additional Details
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$4,115
Amenities
laundry facility
0.0
Building Details
Year Built
1926
Buildings
1
Listing Agency:
EXP REALTY LLC
Listed By:
Stephanie Ramer · License #RS299939
(724) 650-5418
Source:
Compass
Added: Mar 6
Changed: Oct 15
Last Checked: Oct 16 at 10:48AM
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 EXP REALTY LLC
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Investment Insights
Based on property information with market context.
Located at 800 4th Street in Ellwood City, this apartment property contains six units within a 4,548-square-foot building constructed in 1926. The layout includes a lower-level laundry facility and off-street parking for residents.
Five units are currently rented, while one unit is vacant. The property is zoned C1, providing a defined framework for its existing apartment use.
Five units are currently rented, while one unit is vacant. The property is zoned C1, providing a defined framework for its existing apartment use.
Key Highlights
- Six‑unit apartment building with 4,548 square feet
- Five of six units currently rented; one unit is vacant
- Lower‑level laundry facility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,916
Cap Rate
7.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,320
$558.3K
Cap Rate 7%
$398,800
$398.8K
Cap Rate 9%
$310,178
$310.2K
Market Conditions
NOI Build-Up for 4,548 SF
Gross rent
$54.6K $12.00/SF
− Vacancy
−$3.8K −$0.84/SF
EGI
$50.8K $11.16/SF
− OpEx
−$22.8K −$5.02/SF
NOI
$27.9K $6.14/SF
Area
Lawrence County, PA
Vacancy
7.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,320
Cap Rate 7%
$398,800
Cap Rate 9%
$310,178
Alternative Uses
Best Use
Apartment 5plus
$398.8K
$349.0K – $465.3K
NOI $27,916 @ 7.0% cap · market cap 7.65%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.52M
$4.83M – $6.44M
NOI $386,681 @ 7.0% cap · market cap 105.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Explore this area
Business Placement
Demographics for 16117, PA
16,459
Population
7,995
Households
2.1
Avg Household Size
45
Median Age
25%
College-Educated
94%
High-School Grad
36.4 sq mi
ZIP Area
452
Density / Sq Mi
$69,982
Median Household Income
$45,129
Median Earnings
$856
Median Rent
$143,000
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
Frequently Asked Questions
What type of property is this?
Apartment building - C1-zoned apartment property with laundry facilities and off-street parking.
Where is this apartment building located?
The property is located at 800 4th Street Ellwood City, PA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Six‑unit apartment building with 4,548 square feet; Five of six units currently rented; one unit is vacant; Lower‑level laundry facility
