Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Laurel Ridge Realty
Property view
Listing view 2
Listing view 3

216 E Pike St, 
Houston, PA 15342

$325,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Melissa Palmer

Howard Hanna Real Estate Services

Last updated:

October 25, 2025, 05:51 PM

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

325,000

MLS #:

1727127

Last Updated:

October 25, 2025, 05:51 PM

Added:

15 day(s) ago


Structure

Structure

Year Built:

1917


Lot

Lot Size (Sq. Ft):

6,751


Finances & Disclosures

Finances

Price:

$325,000

MLS Logo
Last Updated October 25, 2025. 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.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.