518 Middle Ave Wilmerding, PA 15148
Estimated payment $787/month
About This Home
Excellent investment opportunity for any seasoned investor or anyone looking to begin a portfolio with a quality cornerstone property. This property is fully occupied, and rented for top dollar on the market. New hot water tank and gutter system installed in 2025. Excellent income for this area with potential for future appreciation and growth potential! Character abundant throughout the building's layout as well, with the uniquely designed archways, fireplaces, windows, and multiple porches for tenants to enjoy. Hardwood floors and a large open living space with high ceilings make this traditional but comfortable home a great place to live or rent out. Long term tenants. Come see all the features for yourself in this excellent investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $595
Year Built
- Built in 1891
Lot Details
- 2,431 Sq Ft Lot
- Lot Dimensions are 38x20x38x20
Home Design
- Duplex
- Asphalt Roof
Interior Spaces
- Fireplace
- Unfinished Basement
Parking
- 2 Parking Spaces
- On-Street Parking
Community Details
Building Details
- Insurance Expense $700
- Maintenance Expense $750
Additional Features
- 2 Units
- Public Transportation
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $595 | $61,600 | $12,300 | $49,300 |
| 2024 | $595 | $13,300 | $4,000 | $9,300 |
| 2023 | $595 | $13,300 | $4,000 | $9,300 |
| 2022 | $595 | $13,300 | $4,000 | $9,300 |
| 2021 | $63 | $13,300 | $4,000 | $9,300 |
| 2020 | $568 | $13,300 | $4,000 | $9,300 |
| 2019 | $568 | $13,300 | $4,000 | $9,300 |
| 2018 | $63 | $13,300 | $4,000 | $9,300 |
| 2017 | $555 | $13,300 | $4,000 | $9,300 |
| 2016 | $63 | $13,300 | $4,000 | $9,300 |
| 2015 | $63 | $13,300 | $4,000 | $9,300 |
| 2014 | $536 | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2025 09/06/25 | Price Changed | $138,500 | -2.8% | -- |
| 05/16/2025 05/16/25 | For Sale | $142,500 | +26.1% | -- |
| 09/15/2023 09/15/23 | Sold | $113,000 | -5.8% | $91 / Sq Ft |
| 08/21/2023 08/21/23 | Pending | -- | -- | -- |
| 07/28/2023 07/28/23 | For Sale | $119,900 | +328.2% | $97 / Sq Ft |
| 09/14/2018 09/14/18 | Sold | $28,000 | -28.2% | $23 / Sq Ft |
| 07/10/2018 07/10/18 | Pending | -- | -- | -- |
| 03/06/2018 03/06/18 | For Sale | $39,000 | -- | $31 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $113,000 | -- | |
| Warranty Deed | $28,000 | Matrix Property Settlements | |
| Warranty Deed | $23,800 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,400 | New Conventional | |
| Previous Owner | $22,400 | Unknown |
Source: West Penn Multi-List
MLS Number: 1701684
APN: 0545-P-00046-0000-00
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