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For sale
  • $1,100,000

    375 Reduction Rd, Smithton, PA 15479

    --beds
    --baths
    --sqft
    : Get pre-qualified
    Single Family Residence
    Built in ----
    75.3 Acres Lot
    $902,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    INVESTORS DREAM !!!! WELCOME TO ONE OF THE BEST INVESTMENTS YOU WILL EVER MAKE. 75 ACRES OF TRUE PARADISE. HOW MANY PEOPLE CAN SAY THEY OWN AN ENTIRE TOWN. BUILD A DREAM HOME ON TOP OF THE MILLION DOLLAR MOUNTAIN WITH MILLION DOLLAR VIEWS, WHILE COLLECTING MAXIMUM AMOUNT OF RENT FROM THE 21 UNITS. THIS PROPERTY HAS BEEN A POSITIVE INVESTMENT FOR YEARS FOR THIS FAMILY. THE OWNER HAS PASSED AND THE CHILDREN ARE RETIRING....THIS PERFECT OPPORTUNITY CAN BE YOURS. FEATURED ON THE TV SHOW STRANGE INHERITENCE AND THE FOCUS OF SEVERAL YOUTUBE VIDEOS, FEATURING THE TOWN OF REDUCTION. THIS PROPERTY IS IN THE YOUGH SCHOOL DISTRICT AND SOUTH HUNTINGDON TWP, CLOSE TO ALL AMENITIES, INDUSTRIAL BUILDINGS, WAREHOUSES AND RECREATION. 21 RENTAL HOMES AND 2 OUTBUILDINGS BRING IN A STEADY INCOME. MOST OF THE HOMES ARE 2 BEDROOM HOMES, SOME ARE TWO AND THREE BEDROOMS... PUBLIC WATER AND SEPTIC MAKES IT VERY REASONABLE FOR THE TENANTS. TENANTS PAY ALL UTILITIES EXCEPT WATER. ALL OF THE HOMES ARE SPACED FAR APART AND THERE IS A LOT OF ROOM FOR MANY MORE.. APPROXIMATELY 50 ACRES ARE OPEN GROUND AND FARMLAND, 25 ACRES ARE WOODED. THE YOUGH RIVER IS CLOSE TO BORDER OF THIS PROPERTY AND ROUTE 70, 76 AND ROUTE 51 ARE MINUTES AWAY... AWESOME INVESTMENT OPPORTUNITY. THE YOUGH RIVER TRAIL IS MINUTES AWAY, AND THE YOUGH RIVER IS WITHIN WALKING DISTANCE. FARMING CAN EASILY BE ACCOMPLISHED ON SITE AND THERE IS PLENTY OF ROOM TO BUILD POLE BUILDINGS AND EVEN A FACTORY. THE POSSIBILITIES ARE ENDLESS. https://youtu.be/rDtMMSDVFtw?si=YyjQCPlKhfJ9PV43
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    Zillow last checked:

    Listing updated:

    Listed by:

    Dean Korber 724-929-9699,

    HOWARD HANNA MID MON VALLEY OFFICE 724-929-9699

    Source: WPMLS,MLS#: 1755817MLS LogoOriginating MLS: West Penn Multi-List

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      Facts & features

      Interior

      Heating
      • Other
      Cooling
      • Other
      Features
      • Basement: Full,Interior Entry

      Property

      Parking
      • Total spaces: 100
      • Parking features: Off Street
      Features
      • Pool features: None
      • Has view: Yes
      • View description: River
      • Has water view: Yes
      • Water view: River
      Lot
      • Size: 75.3 Acres
      • Dimensions: 75.3
      Details
      • Parcel number: 5909000001

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Other
      • Roof: Asphalt
      Condition
      • Resale

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Subdivision: TOWN OF REDUCTION
      Location
      • Region: Smithton

      Financial & listing details

      • Tax assessed value: $78,740
      • Annual tax amount: $9,120
      • Date on market: 5/28/2026
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        Estimated market value

        $902,600

        $578,000 - $1.34M

        $2,243/mo

        Price history

        DateEventPrice
        5/28/2026Listed for sale$1,100,000+10%
        Source: WPMLS #1755817 Report a problem
        5/1/2023Listing removed--
        Source: WPMLS #1587640 Report a problem
        12/13/2022Listed for sale$999,900-13.1%
        Source: WPMLS #1587640 Report a problem
        4/23/2021Listing removed--
        Source: WPMLS #1469371 Report a problem
        9/21/2020Listed for sale$1,150,000
        Source: COSTA REAL ESTATE LLC #1469371 Report a problem
        7/2/2020Listing removed$1,150,000
        Source: Howard Hanna - Rostraver Twp - Simon Real Estate Services #1453848 Report a problem
        6/29/2020Pending sale$1,150,000
        Source: HOWARD HANNA MID MON VALLEY OFFICE #1453848 Report a problem
        6/13/2019Price change$1,150,000-8%
        Source: Howard Hanna - Belle Vernon - Simon Real Estate Services #1441893 Report a problem
        6/28/2018Listed for sale$1,250,000
        Source: COLDWELL BANKER REAL ESTATE #1345615 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$9,828 +5.9%$78,740
        2023$9,278 $78,740
        2022$9,278 +1.7%$78,740
        2021$9,120 +0.4%$78,740
        2020$9,081 $78,740
        2019$9,081 $78,740
        2018$9,081 +2.7%$78,740
        2017$8,841 +9.5%$78,740
        2016$8,074 $78,740
        2015$8,074 +2.2%$78,740
        2014$7,902 +1.8%$78,740
        2013$7,763 $78,740
        2012$7,763 $78,740
        2011$7,763 -2%$78,740
        2010$7,920 +2.2%$78,740
        2009$7,750 $78,740 +2.2%
        2008$7,750 +3.9%$77,050
        2007$7,459 -2.9%$77,050
        2006$7,680 +3.6%$77,050
        2005$7,415 +8.5%$77,050
        2004$6,837 +12%$77,050
        2003$6,105 $77,050
        2002$6,105 +2.6%$77,050
        2000$5,951 $77,050

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 15479

          Getting around

          1 / 100
          Car-Dependent
          22 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: Yough

          Source: WPMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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