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Property profile & analytics
OFF-MARKET
Commercial real estate

1321-1323 State Ave Coraopolis, PA 15108

954 SF 0.18 ac lot Built 1940
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US73-2626819
Property summary
AI-generated overview

This unique investment opportunity presents a beautifully renovated two-bedroom, one-and-a-half-bathroom pastor's house seamlessly attached to the historic First Baptist Church of Coraopolis. The home boasts an open-concept downstairs featuring a newly constructed kitchen, living room, and powder room, all finished with durable Lifeproof flooring. Upstairs, a spacious master bedroom and bathroom with a tub provide comfortable living. The house is equipped with brand new, energy-efficient appliances including a washer, dryer, hot water heater, and HVAC system. A downstairs guest room opens to an enclosed backyard, offering privacy and outdoor space. The property also includes a gated front porch and a side driveway, overlooking a fully landscaped yard. The adjacent church building offers expansive main floor space highlighted by stunning stained-glass windows. It features a split-system heating and cooling system, a projector system installed in the balcony, and a large basement, providing ample potential for various uses. The property's C3 zoning allows for diverse development options. Its prime location runs parallel to Coraopolis's revitalized main street and is just a mile from the Montour Trail, offering convenient access to outdoor recreation. Furthermore, it's a short drive from the shopping and dining options in Robinson and Moon Townships, Pittsburgh International Airport, Robert Morris University, and Downtown Pittsburgh. The 0.18-acre lot encompasses both the house and the church building.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Construction FRAME
Total area 954 SF
Lot 0.18 ac (7,628 SF)
APN 342-K-250
UPID US73-2626819
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Paragon Studios Real Estate Holding · 1 yrs held
Paragon Studios Real Estate Holding
since 2025
Last sale
$265,000
4 recorded transactions
2025
$265,000
2022
$142,500
2021
Price N/A
1998
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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