$248,000
PENDING $32K PRICE DROP

Estimated payment $1,692/month

Total Views 691
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Now available in the heart of Clairton, this exceptional mixed-use investment opportunity offers the perfect combination of stable cash flow, recent capital improvements, and long-term upside. Situated at 502 Walnut Avenue, this well-maintained five-unit property features one commercial storefront and four residential apartments, providing diversified income streams and reducing overall investment risk. The property has been thoughtfully maintained with numerous major updates already completed, including a newer roof, upgraded mechanical systems, replacement of the exterior sewer line, and updated windows. These significant improvements help minimize future capital expenditures while providing peace of mind for the next owner. Inside, abundant natural light fills both the residential and commercial spaces, creating bright, inviting interiors that appeal to tenants and business occupants alike. Positioned in a highly visible location within Clairton's business district, the property benefits from convenient access to local amenities, major roadways, and the surrounding communities. The commercial storefront enjoys excellent street presence, while the residential units continue to provide reliable rental demand, making this an ideal asset for investors seeking a balanced mix of commercial and residential income. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a cash-flowing asset with value-add potential, 502 Walnut Avenue checks all the boxes. With strong fundamentals, meaningful recent improvements, and multiple revenue sources, this is a turnkey investment offering immediate income today with the opportunity for continued appreciation and future growth.

Listing Agent

Justin Riapos

LIFESPACE REAL ESTATE Listed on: 07/09/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,087

Home Design

  • Quadruplex
  • Frame Construction
  • Asphalt Roof

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Additional Features

  • Basement Fills Entire Space Under The House
  • 15,682 Sq Ft Lot

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,087

Lot Details

0.36 Acres

Listing Details

  • Municipality: Clairton
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Lot Size Acres: 0.36
  • Lot Size: .3587
  • Directions: GPS
  • Architectural Style: Fourplex
  • Property Sub Type Additional: Quadruplex,Other
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Frame

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 6.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Schools

  • Junior High Dist: Clairton

Lot Info

  • Zoning: Comm
  • Zoning Description: Comm

Multi Family

  • Number Of Units In Community: 5
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 4087.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $517 $80,400 $20,500 $59,900
2025 $3,891 $80,400 $20,500 $59,900
2024 $3,891 $80,400 $20,500 $59,900
2023 $3,687 $80,400 $20,500 $59,900
2022 $3,687 $80,400 $20,500 $59,900
2021 $380 $80,400 $20,500 $59,900
2020 $3,661 $80,400 $20,500 $59,900
2019 $1,268 $80,400 $20,500 $59,900
2018 $380 $80,400 $20,500 $59,900
2017 $1,246 $80,400 $20,500 $59,900
2016 $380 $80,400 $20,500 $59,900
2015 $380 $80,400 $20,500 $59,900
2014 $380 $80,400 $20,500 $59,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/29/2026 07/29/26 Pending -- -- --
07/27/2026 07/27/26 Price Changed $248,000 -11.4% --
07/09/2026 07/09/26 For Sale $279,999 -- --
Source: West Penn Multi-List

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $160,000 --
Deed $160,000 --
Deed $40,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $110,000 New Conventional
Source: Public Records

Source: West Penn Multi-List

MLS Number: 1764076

West Penn Multi-List

APN: 0764-B-00244-0000-00

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