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Turn-Key Triplex Rental Investment
For Sale
$200,000

815 North 2nd Street, Altoona, PA 16601

Three fully rented units generate monthly income, with tenants paying utilities except water and sewer.

Property Size3,273 SF
Price / SF$61.11
Days on Market129

Property Features for 815 North 2nd Street

General Information

Standard status Active
Size 3,273 SF
Property subtype Multi-Family / Fee Simple
Zoning RESIDENTIAL

Taxes and HOA fees

Annual Taxes $2,310

Amenities

No Pool
Above Grade

Building Details

Year Built 1912
Listing Agency: John Hill Real Estate
Listed By: Kerry Gority · License #RS281700
Source: Compass
Added: Apr 6 Changed: Aug 8 Last Checked: Jul 21 at 12:04PM

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 John Hill Real Estate

Investment Insights

Based on property information with market context.

This turn-key triplex rental investment property operates as a fully rented, three-unit residence. The current rent roll lists Unit 1 at $825 per month, Unit 2 at $825 per month, and Unit 3 at $775 per month for total monthly income of $2,425. Annual gross income is reported as $29,100. Tenants pay for all utilities except water and sewer.

The property is located at 815 North 2nd Street in the Juniata Section of Altoona, Pennsylvania, in Blair County. The listing notes the site is just minutes from Penn State Altoona.

Showings require 48 hours’ notice for all appointments.

Key Highlights

  • Turn‑key triplex rental at 815 N 2nd Street in the Juniata section of Altoona
  • 3 fully rented units: Unit 1 $825/mo, Unit 2 $825/mo, Unit 3 $775/mo (total $2,425/mo)
  • Annual gross income of $29,100 with all units currently operating

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Dental Office Grocery & Convenience Store Nail 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.

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby

Demographics for 16601, PA

32,764
Population
14,992
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
93%
High-School Grad
84.8 sq mi
ZIP Area
386
Density / Sq Mi
$55,504
Median Household Income
$35,737
Median Earnings
$790
Median Rent
$138,900
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?
Triplex - Three fully rented units generate monthly income, with tenants paying utilities except water and sewer.
Where is this triplex located?
The property is located at 815 North 2nd Street Altoona, PA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Turn‑key triplex rental at 815 N 2nd Street in the Juniata section of Altoona; 3 fully rented units: Unit 1 $825/mo, Unit 2 $825/mo, Unit 3 $775/mo (total $2,425/mo); Annual gross income of $29,100 with all units currently operating
More about this property
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