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216 E Pike St, 
Houston, PA 15342

$275,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Melissa Palmer

Howard Hanna Real Estate Services

Last updated:

May 15, 2026, 10:02 AM

MLS#

1727127

Source:

PA WPN

About This Home

216 E Pike St

Great investment opportunity with this 5 unit rental. 3 units are currently tenant-occupied, generating income from day one. Many improvements have been made to the units including new appliances, bath updates, painting, etc. All 5 units have updated electrical and are separately metered. The 2 vacant units still need finished before they are ready to market, once leased should increase monthly income by 50%. Tenants pay all utilities besides trash. Located on the Washington County Freedom Transit County Line Bus routes. Current Cap Rate of almost 7%, potential cap rate fully leased at market rates is 11.25%

Home Facts

Multi-Family

Built in 1917

Price Summary

275,000

MLS #:

1727127

Last Updated:

May 15, 2026, 10:02 AM

Added:

6 month(s) ago


Structure

Structure

Year Built:

1917


Lot

Lot Size (Sq. Ft):

6,751


Finances & Disclosures

Finances

Price:

$275,000

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Last Updated May 15, 2026. Information deemed reliable but not guaranteed. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.