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.
For sale
$198,000
464 Reed Ave, Monessen, PA 15062
5beds
3baths
--sqft
Triplex, Multi Family, Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Cozy fireplaceLevel entryIn-unit laundryDedicated computer nookBeautifully updated bathroomSpacious roomsFirst-floor access
- 7 days
- 106
- 3
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Marie Slagus 724-929-9699,
HOWARD HANNA MID MON VALLEY OFFICE 724-929-9699
Source: WPMLS,MLS#: 1779783
Originating MLS: West Penn Multi-List
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 5,998 Square Feet
- Dimensions: 0.1377
Details
- Parcel number: 2002030399
- Zoning: res
- Zoning description: res
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family, Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1940
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Location
- Region: Monessen
Financial & listing details
- Tax assessed value: $18,210
- Annual tax amount: $2,220
- Date on market: 10/19/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$974/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/19/2026 | Listed for sale | $198,000+23% |
Source: | ||
| 12/4/2024 | Sold | $161,000-10.6% |
Source: | ||
| 11/25/2024 | Pending sale | $180,000 |
Source: | ||
| 8/13/2024 | Contingent | $180,000 |
Source: | ||
| 7/19/2024 | Listed for sale | $180,000+2528.5% |
Source: | ||
| 1/30/2023 | Sold | $6,848-82.8% |
Source: Public Record Report a problem | ||
| 4/1/2011 | Sold | $39,900 |
Source: WPMLS #814405 Report a problem | ||
| 3/18/2010 | Listed for sale | $39,900+369.4% |
Source: CENTURY 21 Frontier #814405 Report a problem | ||
| 8/11/2004 | Sold | $8,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,885 -2.1% | $18,210 -2.1% |
| 2024 | $2,948 +6% | $18,610 |
| 2023 | $2,781 +0.8% | $18,610 |
| 2022 | $2,757 +1.7% | $18,610 |
| 2021 | $2,711 +0.3% | $18,610 |
| 2020 | $2,702 | $18,610 |
| 2019 | $2,702 +6.1% | $18,610 |
| 2018 | $2,546 +4.6% | $18,610 |
| 2017 | $2,435 +3.5% | $18,610 |
| 2016 | $2,353 +1.5% | $18,610 |
| 2015 | $2,317 -0.3% | $18,610 |
| 2014 | $2,323 | $18,610 |
| 2013 | $2,323 +1.2% | $18,610 |
| 2012 | $2,295 +1.6% | $18,610 |
| 2011 | $2,258 +1.1% | $18,610 |
| 2010 | $2,234 -1.8% | $18,610 |
| 2009 | $2,275 +4.7% | $18,610 |
| 2008 | $2,173 +1.7% | $18,610 |
| 2007 | $2,135 | $18,610 |
| 2006 | $2,135 +4.6% | $18,610 |
| 2005 | $2,042 +5.8% | $18,610 |
| 2004 | $1,931 +7.5% | $18,610 |
| 2003 | $1,797 +5.5% | $18,610 |
| 2002 | $1,704 +2.2% | $18,610 |
| 2000 | $1,666 | $18,610 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 15062
Nearby schools
Schools provided by the listing agent
- District: Monessen City
Source: WPMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



