$382,500
SOLD APR 15, 2026

526 Fallowfield Ave Charleroi, PA 15022

-- Bed
-- Bath
-- Sq Ft
2,178 Sq Ft Lot Lot

Sale Details

Date Sold: April 15, 2026

4% Below List Price

91 Days on Market

About This Home

As of April 2026

100% occupancy and immediate income await you at Charleroi’s mixed-use gem 526 Fallowfield Avenue. A truly turnkey investment property with style, stability, and strong cash flow, this fully renovated asset features six residential apartments plus one street-level commercial office space. Completely gutted and rebuilt just a few years ago by the current ownership, 526 Fallowfield boasts modern systems, finishes, and infrastructure. The result is a clean, efficient building designed for long-term performance and minimal maintenance.
The apartments produce consistent in-place income across a diverse unit mix of one- and two-bedrooms, including on-site coin-operated laundry, and large basement storage, while the commercial storefront adds additional long-term revenue stream and tenant diversification. Current operations support an attractive stabilized return with a proven five-year track record, making this a smart option for investors seeking dependable cash flow without the headaches of deferred maintenance. The recent renovation significantly reduces near-term capital expenditure risk—an advantage rarely found in properties of this size and price point. Positioned strongly along a main corridor in Charleroi’s Central Business District, the property offers strong visibility, easy access, and proximity to local amenities. Whether you’re expanding an existing portfolio or acquiring your first mixed-use asset, this opportunity delivers immediate income, long-term reliability, and future upside in a growing regional market. Welcome to 526 Fallowfield Avenue!

Last Agent to Sell the Property

Dominic Janidas

BERKSHIRE HATHAWAY THE PREFERRED REALTY License #AB068466 Listed on: 01/14/2026

BERKSHIRE HATHAWAY THE PREFERRED REALTY

Last Buyer's Agent

Vicky Lung

COLDWELL BANKER REALTY

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,319

Year Built

  • Built in 1905

Lot Details

  • 2,178 Sq Ft Lot

Additional Features

  • Unfinished Basement

Community Details

Building Details

  • Insurance Expense $4,686
  • Maintenance Expense $630

Additional Features

  • 7 Units
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,319

Year Built

Built in 1905

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Municipality: Charleroi Boro
  • Property Sub Type: Other
  • Property Type: Residential Income
  • Lot Size Acres: 0.05
  • Lot Size: .05
  • Year Built: 1905
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Annual Utilities Expense: 7700.0

Condo/Co-op/Association

  • Community Features: Public Transportation

Schools

  • Junior High Dist: Charleroi

Lot Info

  • Zoning: CBD
  • Zoning Description: CBD

Multi Family

  • Number Of Units In Community: 7
  • Number Of Units Total: 7
  • Insurance Expense: 4686.0
  • Maintenance Expense: 630.0

Tax Info

  • Tax Annual Amount: 3319.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2018
Sold by
Washington County Land Bank
Bought by
Ridgeli1we Realty Group Llc

Purchase Details

Closed on
Feb 2, 2018
Sold by
Lang Thomas D
Bought by
Washington County Land Bank

Purchase Details

Closed on
Jun 28, 2017
Sold by
Washington County Tax Claiming Bureau
Bought by
Washington County Land Bank

Purchase Details

Listed on
Jul 1, 2013
Closed on
Nov 14, 2013
Sold by
Vitale R Thomas
Bought by
Lang Thomas D
Seller's Agent
Carla Margie
WPML Inactive User File
Buyer's Agent
Carla Margie
WPML Inactive User File
List Price
$49,000
Sold Price
$42,500
Premium/Discount to List
-$6,500
-13.27%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $17,500 None Available
Deed -- None Available
Deed $3,419 None Available
Warranty Deed $42,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2026 04/15/26 Sold $382,500 -3.6% --
01/14/2026 01/14/26 For Sale $396,900 +833.9% --
11/15/2013 11/15/13 Sold $42,500 -13.3% -- View Prior Sale
09/06/2013 09/06/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $49,000 -- --
Source: West Penn Multi-List

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 $3,389 $106,200 $12,000 $94,200
2024 $2,943 $106,200 $12,000 $94,200
2023 $2,943 $106,200 $12,000 $94,200
2022 $2,852 $106,200 $12,000 $94,200
2021 $2,852 $106,200 $12,000 $94,200
2020 $2,784 $106,200 $12,000 $94,200
2019 $2,661 $106,200 $12,000 $94,200
2018 $2,505 $106,200 $12,000 $94,200
2017 $374 $106,200 $12,000 $94,200
2016 $374 $15,000 $1,650 $13,350
2015 -- $15,000 $1,650 $13,350
2014 $374 $15,000 $1,650 $13,350
2013 $374 $15,000 $1,650 $13,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Penn Multi-List

MLS Number: 1737070

West Penn Multi-List

APN: 1600190007002600

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