$890,000
$535K PRICE DROP

331-337 4th Ave New Kensington, PA 15068

Estimated payment $5,328/month

Total Views 8,595
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Income-Producing Real Estate Portfolio – 8 Single-Family Homes & 1 Fourplex and 1 oversized garage.

Addresses as follows:
331-333-335-337 4th Ave New Kensington (4 unit), 105 Locust St. New Kensington, 1508 4th Ave Arnold, 1512 Kenneth Ave Arnold, 1622 Constitution Blvd Arnold (house and garage), 1700 Constitution Blvd Arnold, 1734 Constitution Blvd Arnold, 2015 Kenneth Ave Arnold, 2016 Kenneth Arnold

Seize this opportunity to acquire a well-maintained, cash-flowing real estate portfolio This income-producing package offers stable rental revenue with strong upside potential.

Diverse Property Mix: Single-family homes provide tenant stability, 4plex enhances multi-unit income.

• Consistent Cash Flow: Fully leased

• Turnkey Investment

Perfect for investors looking to expand their portfolio with strong cash flow and long-term appreciation.

PROFORMA CAP RATE 14.01%

Listing Agent

Deborah Hovanec

KEYSTONE REALTY PA, LLC Listed on: 02/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,777

Year Built

  • Built in 1925

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Quadruplex

Additional Features

  • Unfinished Basement

Community Details

Overview

  • 13 Units

Building Details

  • Insurance Expense $2,186
  • Maintenance Expense $7,374
  • Gross Income $147,492

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,777

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Municipality: New Kensington
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.2
  • Lot Size: .20
  • Directions: GPS
  • Architectural Style: Fourplex
  • Year Built: 1925
  • Property Sub Type Additional: Quadruplex,Other
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Construction Type: Brick

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Annual Utilities Expense: 16868.0

Schools

  • Junior High Dist: New Kensington/Arnold

Lot Info

  • Zoning: Res
  • Zoning Description: Res

Multi Family

  • Number Of Units In Community: 13
  • Annual Gross Income: 147492.0
  • Insurance Expense: 2186.0
  • Maintenance Expense: 7374.0

Tax Info

  • Tax Annual Amount: 4777.0

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
07/21/2025 07/21/25 For Sale $325,000 -63.5% --
07/12/2025 07/12/25 Price Changed $890,000 -10.1% --
06/01/2025 06/01/25 Price Changed $990,000 0.0% --
06/01/2025 06/01/25 For Sale $990,000 -30.5% --
04/18/2025 04/18/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $1,425,000 -- --
Source: West Penn Multi-List

Source: West Penn Multi-List

MLS Number: 1689183

West Penn Multi-List

Pennsylvania Westmoreland County New Kensington 15068

331-337 4th Ave, New Kensington, PA

This home is located at 331-337 4th Ave, New Kensington, PA 15068 and is currently priced at $890,000. This property was built in 1925. 331-337 4th Ave is a home located in Westmoreland County with nearby schools including Mary Queen of Apostles School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

West Penn Multi-List IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Deborah Hovanec
Section Image
KEYSTONE REALTY PA, LLC
(724) 251-8799