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Port Allegany, PA Multifamily Properties for Sale

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Multifamily Property with Redevelopment Potential
$250,000
0.48 Acres

Multifamily Property with Redevelopment Potential

730 N Main Street, Port Allegany, PA 16743

Residential rental property with options for motel redevelopment.

  • Excellent visibility and accessibility due to its location on North Main Street.
  • Multiple operating strategies: stabilized multifamily, motel, or hybrid model.
  • Currently operating as a residential rental property with nearly all 11 units rented.
  • Unique value‑added opportunity due to the building's history and layout.
  • Minimal transition required to return to motel use.
Updated: Mar 17
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Victorian Apartment House with Four Units
$405,000
300 SF

Victorian Apartment House with Four Units

218 Smith Avenue, Port Allegany, PA 16743

Remodeled Victorian apartment house with four units in Port Allegany.

  • Fully remodeled in 2011 with top‑of‑the‑line finishes.
  • Four units (including a basement studio) provide income potential.
  • Spacious .54 acre lot with ample parking.
  • Each unit includes appliances and access to laundry rooms.
  • Located in a lovely neighborhood, close to schools and downtown.
Updated: Oct 7, 2025
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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Port Allegany, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Unit Multifamily Property Near University
$132,900
2,856 SF

Four-Unit Multifamily Property Near University

Four-unit property near St. Bonaventure University with strong rental potential.

111 W Main Street, Allegany, NY 14706
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Two-Family Home in South Olean
$69,900
1,877 SF

Two-Family Home in South Olean

Two-unit property with updated roof and heating systems.

311 Irving Street, Olean, NY 14760
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Four-Unit Property Near St. Bonaventure
$132,900
0.07 Acres

Four-Unit Property Near St. Bonaventure

Four-unit property in Allegany, NY, near St. Bonaventure University.

111 W Main St, Allegany, NY 14706
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Vacant Four-Unit Investment Opportunity
$32,000
2,400 SF

Vacant Four-Unit Investment Opportunity

Four-unit property in Portville ready for renovation and value-add potential.

1390 OLEAN PORTVILLE RD, Olean, NY 14760
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Lot in Westfield, PA
Contact for pricing
0.17 Acres

Residential Lot in Westfield, PA

Affordable lot ready for a mobile home in Westfield.

110 Mill Street, Westfield, PA 16950
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Cleared Land with Development Potential
$125,900

Cleared Land with Development Potential

22-acre cleared land near Lake Erie with utilities.

Fredonia, NY 14063
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Buildable Lot Near Niagara Falls
Contact for pricing

Buildable Lot Near Niagara Falls

Vacant land suitable for development near attractions.

1931 Falls Street, Niagara Falls, NY 14303
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Residential Lot in Vernon Township
$37,500
0.63 Acres

Residential Lot in Vernon Township

0.63 acre residential lot with utilities in Vernon Township, PA.

10312 PERRY Highway, Meadville, PA 16335
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Explore Off-Market Properties in Port Allegany, PA

Consider similar Off-Market properties in Port Allegany, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Main St

Main St

MOBILE HOME PARK, TRAILER PARK • 3.17 Acres
Value Estimation by Request
Main St, Port Allegany, PA 16743
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Foster Cir

Foster Cir

MOBILE HOME PARK, TRAILER PARK • 1.96 Acres
Value Estimation by Request
Foster Cir, Port Allegany, PA 16743
View details

Port Allegany, PA Multifamily Properties Investment Opportunities Market Analysis

Explore 4 multifamily properties for sale in Port Allegany, PA on our real estate platform. These investment opportunities span a total of 300 square feet of properties for sale, with an estimated market value of $405,000.

Sale prices for multifamily properties in Port Allegany, PA start at $405,000, averaging $405,000, and reaching up to $405,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Operating Costs & Financing

Average Loan-to-Value is 65.0%.

Effective Property Tax $97.78 per sq ft
Tax Rate 3.75%
Avg Loan-to-Value 65.0%

Leading Commercial Asset Segments

Quadplexes 1

Port Allegany Demographics Overview

Population 3,960
Population Growth (5Y) +1.8%
Median Household Income $53,846
College Educated 31.8%

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