464 Reed Ave Monessen, PA $ 198,000
464 Reed Ave
$ 198,000
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464 Reed Ave

Monessen, PA, 15062
$ 198,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 1,368

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Multi-Family Home for sale in Monessen, PA

for $198,000 with 5 bedrooms and 3 full baths. This home was built in 1940 on a lot size of 0.1377.

Looking for a turnkey investment? This newly renovated triplex is ready to generate income from day one! Featuring separate electric, gas, and water utilities for each unit, newer mechanicals, and numerous updates throughout, this well-maintained property offers an outstanding opportunity for investors and owner-occupants alike. Unit 1 offers 2 bedrooms, a cozy fireplace, and in-unit laundry. Unit 2 features 2 bedrooms, spacious rooms, and a dedicated computer nook. Unit 3 is a 1-bedroom unit with first-floor access, level entry and a beautifully updated bathroom, providing comfort and convenience. The backyard offers space outdoor enjoyment, entertaining, or gardening. Whether you're looking to live in one unit while generating rental income from the others or add a fully occupied multifamily property to your portfolio, this triplex provides flexibility, efficiency, and excellent income potential. Don't miss this opportunity to own a wonderful investment property with strong cash-flow potential and long-term value.

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Multi-Family Active

Price

$ 198,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,220

Style

Lot Size

0.1377

Year Built

1940

Town/City

Monessen

County/Region

Westmoreland

MLS | Web ID

1779783

Features
General
Utilities Electricity Available Natural Gas Available Sewer Available Water Available
Zoning res
Construction Materials Vinyl Siding
Year Built 1940
Property Subtype Triplex
County Westmoreland
Property Type Residential Income
Status Active
City Monessen
High School District Monessen City
Zoning Description res
Number Of Units Total 3
MLS Area Monessen
Lot Size Units Acres
Tax Annual Amount 2220
MLS Area Minor Monessen
Standard Status Active
Middle/Junior School District Monessen City
Elementary School District Monessen City
Tax Assessed Value 18210
Virtual Tour https://www.propertypanorama.com/instaview-tour/wpn/1779783
Property Sub Type Additional Triplex
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Interior
Total Baths 0
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Exterior
Parking Features On Street
Lot Size Area 0.1377
Lot Dimensions 0.1377
Lot Size Acres 0.1377
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* Excluded Features
List By
Marie Slagus

Listing Agent

Howard Hanna Mid Mon Valley Office

Broker

mslagus@howardhanna.com

Email

Affordability Calculator

$1,553
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,368
Monthly Property Taxes
$185
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1515007 Elementary School
1514871 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/19/2026$198,000 Listed Price

Map


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464 Reed Ave, Monessen, PA, 15062 is a Multi-Family Home for sale at $198,000 with a lot size of 0.1377. 464 Reed Ave has 5 bedrooms, 3.0 baths, and was built in 1940. The property's zip code is 15062 which is in Monessen, PA