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Elizabeth Multifamily Investment Opportunity
For Sale
$300,000

820 6th Ave, Elizabeth, PA 15037

Turnkey six-unit multifamily property in Elizabeth, Pennsylvania.

Property SizeContact for details
Days on Market162

Property Features for 820 6th Ave

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $5,644
Listing Agency: HOWARD HANNA REAL ESTATE SERVICES
Listed By: Alexandra Bradley · License #RS349834
Source: Exprealty
Added: Mar 15 Changed: Aug 23 Last Checked: Jul 31 at 7:48PM

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 HOWARD HANNA REAL ESTATE SERVICES

Investment Insights

Based on property information with market context.

This multifamily property in Elizabeth, Pennsylvania, presents a turnkey investment opportunity. It features six apartments, each with one bedroom and one bathroom. The building includes separate entrances and a low-maintenance exterior. Laundry facilities are located in the basement. Off-street parking is available, with a large gravel lot. The property provides quick access to Route 51 and is close to local amenities. Utilities are not separated. One unit is currently vacant, offering a potential option for an owner-occupant.

Key Highlights

  • Turnkey 6‑unit investment property.
  • One vacant unit, suitable for owner occupancy.
  • Off‑street parking available.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Real Estate Agency Nail Salon Hair 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

277
Businesses Nearby

Demographics for 15037, PA

10,519
Population
4,563
Households
2.3
Avg Household Size
48
Median Age
28%
College-Educated
96%
High-School Grad
26.0 sq mi
ZIP Area
405
Density / Sq Mi
$76,844
Median Household Income
$48,746
Median Earnings
$912
Median Rent
$163,800
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?
Apartment building - Turnkey six-unit multifamily property in Elizabeth, Pennsylvania.
Where is this apartment building located?
The property is located at 820 6th Ave Elizabeth, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Turnkey 6‑unit investment property.; One vacant unit, suitable for owner occupancy.; Off‑street parking available.
More about this property
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