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216 E Pike St Houston, PA $ 275,000
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$ 275,000 Get more info
216 E Pike St
$ 275,000
Back to search
Share Save

216 E Pike St

Houston, PA, 15342
$ 275,000
Bedrooms5 Baths5.0

Monthly Estimate*

$ 1,693

216 E Pike St, Houston, PA 15342 - Image 1
216 E Pike St, Houston, PA 15342 - Image 2
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216 E Pike St, Houston, PA 15342 - Image 10

Multi-Family Home for sale in Houston, PA

for $275,000 with 5 bedrooms and 5 full baths. This home was built in 1917 on a lot size of 0.155.

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%

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Multi-Family Active

Price

$ 275,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 4,082

Style

Lot Size

0.155

Year Built

1917

Town/City

Houston

County/Region

Washington

MLS | Web ID

1727127
Features
General
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Zoning C
Year Built 1917
Property Subtype Other
Gross Income 27288
Community Features Public Transportation
County Washington
Net Operating Income 22667
Property Type Residential Income
Status Active
Directions I-79 to Houston exit S. Main St toward Houston. Right on E Pike St.
City Houston
High School District Chartiers-Houston
Zoning Description C
Number Of Units Total 5
MLS Area Houston
Lot Size Units Acres
Tax Annual Amount 4082
MLS Area Minor Houston
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Chartiers-Houston
Elementary School District Chartiers-Houston
Tax Assessed Value 109500
Property Sub Type Additional Other
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Interior
Total Baths 0
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Exterior
Lot Size Area 0.155
Lot Dimensions 0.155
Lot Size Acres 0.155
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* Excluded Features
List By
Melissa Palmer

Listing Agent

Howard Hanna Real Estate Services

Broker

MelissaPalmer@Howardhanna.com

Email

Affordability Calculator

$2,033
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,693
Monthly Property Taxes
$340
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1514768 Elementary School
1514905 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/20/2026$275,000 -8.03% Price Down
1/16/2026$299,000 Listed Price

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216 E Pike St, Houston, PA, 15342 is a Multi-Family Home for sale at $275,000 with a lot size of 0.155. 216 E Pike St has 5 bedrooms, 5.0 baths, and was built in 1917. The property's zip code is 15342 which is in Houston, PA

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