$749,900
$150K PRICE DROP

20 & 48 S 6th Ave Clarion, PA 16214

Estimated payment $4,710/month

Total Views 7,158
2 Beds
1 Bath
23,795 Sq Ft
$32 Price per Sq Ft

About This Home

Great cash flow with this 26 unit (total) multi-family property. Average rent is $650/month and some utilities are included in rent with some units. Seller working on providing the itemized expenses, but has provided an estimate of $123,,000 in expenses. Property is 100% occupied for gross income of $16,900 (or $202,800 annual income). Most units are two bedroom and one bath. Few are 3 br one bath. Leases are month to month. There are four parcels of land. Three story brick building with 12 units built in 1890. One story building built in 1950 contains 12 units (was a sorority house at one time). Additional two units are a vinyl sided, up/down duplex built about 1900. Borough parking lot adjacent to building for off-street parking availability More information to follow.

Listing Agent

Brian Burford

Burford & Henry Real Estate Services Brokerage Phone: 8142277355 License #AB067069 Listed on: 09/11/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.43 Acre Lot
  • 0505033000000 & 0505033200000 & 05050333

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 23,795 Sq Ft Home
  • 3-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • No Cooling
  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 05-050-331-000-00

Community Details

Overview

  • 24 Units

Building Details

  • 26 Separate Electric Meters
  • 2 Separate Gas Meters
  • 15 Separate Water Meters
  • Electric Expense $38,685
  • Insurance Expense $13,071
  • Water Sewer Expense $42,321
  • Operating Expense $122,419

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 0.43
  • Directions: From Clarion County Courthouse take Route 322 (Main St) east to R on S. 6th. Buildings on corner of S. 6th & Wood on West Side
  • Building Stories: 3
  • Year Built: 1890
  • Attribution Contact: 8142277355
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Electric Water Heater, Unit 1 Stove, Unit 1 Refrigerator
  • Has Basement: Partial
  • Basement YN: Yes
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Masonry, Frame, Brick, Vinyl Siding
  • Roof: Other

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 42321

Schools

  • Junior High Dist: Clarion

Lot Info

  • Lot Size Sq Ft: 18730.8
  • Additional Parcels Description: 0505033000000 & 0505033200000 & 05050333
  • Additional Parcels: Yes
  • Zoning: C-1 and C-2

Multi Family

  • Number Of Units Total: 24
  • Electric Expense: 38685
  • Insurance Expense: 13071
  • Annual Operating Expense: 122419
  • Total Actual Rent: 650
  • Number Of Separate Electric Meters: 26
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 15

Tax Info

  • Tax Annual Amount: 21234
  • Tax Map Number: 05-050-331-000-00
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2025 11/18/25 Price Changed $749,900 -16.7% $32 / Sq Ft
09/11/2025 09/11/25 For Sale $899,900 -- $38 / Sq Ft
Source: Allegheny Valley Board of REALTORS®

Source: Allegheny Valley Board of REALTORS®

MLS Number: 162119