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    Somerset, PA Multifamily Properties for Sale

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    Friedens, PA Rockwood, PA Stoystown, PA Jenners, PA Boswell, PA Jennerstown, PA Central City, PA Meyersdale, PA
    Renovated 4-Unit Apartment Building
    Updated: Apr 11
    Renovated 4-Unit Apartment Building

    537 N Edgewood Ave, Somerset, PA 15501

    $290,000
    3,086 sqft 0.25 AC lot
    4‑unit apartment property, each unit offers 1 bedroom and 1 bathroom with a dedicated living room
    Entirely renovated throughout with new drywall, quartz countertops, cabinetry, and updated fixtures
    Brand new appliances in all units: stackable washer/dryer, refrigerator, and range/oven
    Each unit is separately metered with individual hot water tanks
    Updated electrical with a panel box in each unit
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    537 N Edgewood Ave, Somerset, PA 15501

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $25K
      Annual

    • Price @ 7% Cap

      $364K
      Above asking

    • Property Type

      Single Family Residence
      Built 1900
    View Property Analytics
    Renovated Four-Unit Apartment Building
    Updated: Mar 29
    Renovated Four-Unit Apartment Building

    537 N Edgewood Ave, Somerset, PA 15501

    $290,000
    0.25 AC lot
    4‑unit apartment building, each unit has 1 bedroom and 1 bathroom
    Entirely renovated throughout and ready for occupancy
    Brand‑new appliances in all units, including stackable washer/dryer, refrigerator, and oven
    Updates include new drywall, carpet, quartz countertops, cabinetry, and fixtures
    Each unit is separately metered with individual hot water tanks
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Somerset, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Historic Windber Mansion with Apartments
    Historic Windber Mansion with Apartments

    1401 Somerset Avenue, Windber, PA 15963

    $150,000
    4,311 sqft 0.28 AC lot

    Windber mansion with modern upgrades and two renovated apartments.

    View details
    Convenience Store with Ice Production
    Convenience Store with Ice Production

    518 Graham Avenue, Windber, PA 15963

    $249,900
    0.18 AC lot

    Turn-key convenience store and ice-making operation with prominent frontage, loading facilities, and two income-producing residential units.

    View details
    Side-by-Side Duplex Residence
    Side-by-Side Duplex Residence

    306 E Main St, Ligonier, PA 15658

    $169,900
    0.12 AC lot

    Side-by-side duplex with two-bedroom, one-bath second levels and full basements with exterior-only access.

    View details
    Triplex with Two-Car Garage
    Triplex with Two-Car Garage

    102 N Hickory Alley, Ligonier, PA 15658

    $245,000
    0.09 AC lot

    Triplex offers two 1-bedroom units with month-to-month tenancy plus a third unit needing updates.

    View details

    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.

    Land Ready for Development
    Land Ready for Development

    1 Smithfield Dr, Smithfield, PA 15478

    $275,000
    8.00 AC lot

    8-acre land parcel zoned for mobile home park.

    View details
    Morgantown Land For Development
    Morgantown Land For Development

    595 Wades Run and Bowlby Road, Morgantown, WV 26501

    $2,726,800
    68.17 AC lot

    68+/- acre parcel suitable for residential or industrial development.

    View details
    Land with Existing Septic and Well
    Land with Existing Septic and Well

    18531 Blackberry dr, Three Springs, PA 17264

    $38,900
    1.78 AC lot

    Nearly two acres in Three Springs with an in-place septic and well, plus an opportunity to fix or replace the existing mobile home.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details

    Somerset, PA Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Somerset, PA on our real estate platform. These investment opportunities span a total of 3,086 square feet of properties for sale, with an estimated market value of $290,000.

    Sale prices for multifamily properties in Somerset, PA start at $290,000, averaging $290,000, and reaching up to $290,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 2

    Demographics Overview

    Population 19K
    Population Growth (5Y) +2.5%
    Median Household Income $55,797
    College Educated 16.0%

    High-Yield Neighborhoods for Investment

    Identify Somerset submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    15501 $290K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Somerset County

    New Delisted

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