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For sale
  • $198,000

    464 Reed Ave, Monessen, PA 15062

    5beds
    3baths
    --sqft
    : 
    $1,413/mo
    Get pre-qualified
    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
    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.
    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#: 1779783MLS LogoOriginating MLS: West Penn Multi-List

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3

      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

        DateEventPrice
        10/19/2026Listed for sale$198,000+23%
        Source: WPMLS #1779783 Report a problem
        12/4/2024Sold$161,000-10.6%
        Source: WPMLS #1664197 Report a problem
        11/25/2024Pending sale$180,000
        Source: WPMLS #1664197 Report a problem
        8/13/2024Contingent$180,000
        Source: WPMLS #1664197 Report a problem
        7/19/2024Listed for sale$180,000+2528.5%
        Source: WPMLS #1663726 Report a problem
        1/30/2023Sold$6,848-82.8%
        Source: Public Record Report a problem
        4/1/2011Sold$39,900
        Source: WPMLS #814405 Report a problem
        3/18/2010Listed for sale$39,900+369.4%
        Source: CENTURY 21 Frontier #814405 Report a problem
        8/11/2004Sold$8,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 15062

        Getting around

        62 / 100
        Somewhat Walkable

        Nearby schools

        GreatSchools rating
        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.

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