Prime investment opportunity in the heart of Clarion! This well-positioned 3-unit multifamily property offers strong rental history and immediate income with long-term tenants already in place. Located right in the center of town, the building features two spacious townhouse-style front units—each with its own attached garage—along with a separate single-level unit offering convenient, easy access. Unit 1 is a 2-bedroom townhouse with garage, Unit 2 is a 4-bedroom townhouse with garage, and Unit 3 is a comfortable single-level 2-bedroom unit. All three units are fully occupied, providing dependable rental income from day one, while the desirable in-town location and versatile layout continue to attract tenants. Whether you're expanding your portfolio or entering the multifamily market, this property combines location, steady occupancy, and income potential.
Under contract
Price cut: $10K (9/9)
$125,000
629 South St, Clarion, PA 16214
8beds
3baths
3,134sqft
MultiFamily
Built in 1930
-- sqft lot
$-- Zestimate®
$40/sqft
$-- HOA
What's special
Versatile layout
- 226 days
- 213
- 5
Zillow last checked:
Listing updated:
Listed by:
Alison Heffner 814-271-9676,
Burford & Henry Real Estate Services 814-227-7355
Source: Allegheny Valley BOR,MLS#: 163611
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
Heating
- Hot Water
Cooling
- None
Appliances
- Included: Unit 1 Refrigerator, Unit 2 Refrigerator, Unit 3 Refrigerator, Unit 1 Stove, Unit 2 Stove, Unit 3 Stove
Features
- Basement: Full
Interior area
- Total structure area: 3,134
- Total interior livable area: 3,134 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Features
- Stories: 2
Lot
- Size: 5,227 Square Feet
- Dimensions: 60x90
Details
- Parcel number: 05010390
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Clarion
Financial & listing details
- Price per square foot: $40/sqft
- Tax assessed value: $25,167
- Annual tax amount: $2,774
- Date on market: 3/12/2026
- Total actual rent: 2200
Estimated market value
Not available
Estimated sales range
Not available
$1,404/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Contingent | $125,000$40/sqft |
Source: Allegheny Valley BOR #163611 Report a problem | ||
| 9/9/2026 | Price change | $125,000-7.4%$40/sqft |
Source: Allegheny Valley BOR #163611 Report a problem | ||
| 6/29/2026 | Price change | $135,000-3.6%$43/sqft |
Source: Allegheny Valley BOR #163611 Report a problem | ||
| 6/2/2026 | Price change | $140,000-3.4%$45/sqft |
Source: Allegheny Valley BOR #163611 Report a problem | ||
| 4/16/2026 | Price change | $145,000-3.3%$46/sqft |
Source: Allegheny Valley BOR #163611 Report a problem | ||
| 3/12/2026 | Listed for sale | $150,000$48/sqft |
Source: Allegheny Valley BOR #163611 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,875 | $25,167 |
| 2024 | -- | $25,167 |
| 2023 | $2,749 +4.7% | $25,167 |
| 2022 | $2,626 -4.9% | $25,167 |
| 2021 | $2,762 | $25,167 |
| 2020 | $2,762 | $25,167 |
| 2019 | $2,762 +31.8% | $25,167 +31.8% |
| 2018 | $2,096 | $19,100 |
| 2017 | -- | $19,100 |
| 2016 | -- | $19,100 |
| 2014 | -- | $19,100 |
| 2012 | -- | $19,100 |
| 2011 | -- | $19,100 |
| 2010 | -- | $19,100 |
Find assessor info on the county website
Monthly payment
Est. payment
