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$1,700,000
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Property Description
Properties like this do not come around often. Exceptional opportunity to acquire a well-maintained 26-unit multifamily building offering immediate income and long-term stability. This solid 100% all-brick property features a desirable unit mix of spacious 2- and 3-bedroom apartments, attracting strong tenant demand and consistent occupancy. The property has been thoughtfully updated, with many units renovated to include modern finishes, updated kitchens and baths, new flooring and improved mechanical systems if needed. The building has been professionally maintained and cared for, resulting in a true turnkey investment with reliable performance. Tenants appreciate the larger floor plans, making the property especially attractive to long-term renters and families - a major factor in minimizing turnover and vacancy. The building is divided in two - both 111 & 121 have 13 units, a laundry room with coin-op for additional income, storage lockers, maintenance rooms. There is a playground and yard space are in the back and plenty of off-street parking out front. Perfect property to acquire to add 26 doors to that portfolio in the emerging market of Ambridge where we are seeing revitalization up and down the town!
Full Property Details
Full Property Details for 121 Locust St
General
- Sold For: $1,700,000
- Taxes: $20,839
- Status: Closed
- Type: Multi-Family
- Source: West_Penn_MLS
- MLS ID: 1739462
- Added to Site: 52 day(s) ago
Parking
- Total Spaces: 26
- Parking Features: Off Street
Location
- County: Beaver
- Driving Directions: From 65, R on 4th, R on Locust, building on R
School Information
- Elem School District: Ambridge
- Midd School District: Ambridge
- High School District: Ambridge
Community
- Units Assoc/Comm: 26
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Brick
- Basement: Yes
- Roof: Asphalt
- Year Built: 1962
Lot Features
- Lot Size (Acres): 0.8
- Lot Dimensions: 277 x 54 x 143 x 220 x 144
- Zoning: C
Financial Considerations
- Assessment Amount: $901,400
- Tax Amount: $20,839
Listed and Sold courtesy of Re/Max Select Realty
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Schools
Schools serving 121 Locust St
School District:Ambridge Area School District
| Name | Grades | Distance |
|---|---|---|
Highland El School 1101 Highland Avenue, Ambridge, PA 15003 | K-6 | 0.9 mi |
Ambridge Area Junior High School 401 1st Street, Freedom, PA 15042 | 7-8 | 8 mi |
Ambridge Area High School 909 Duss Avenue, Ambridge, PA 15003 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 121 Locust St
Date
Details
Price
Change
Source
3/26/2026
Sold
$1,700,000
-2.86%
MLS
2/09/2026
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
121 Locust Street, Ambridge, PA 15003 (MLS# 1739462) is a Multi-Family property that was sold at $1,700,000 on March 26, 2026. Want to learn more about 121 Locust Street? Do you have questions about finding other Multi-Family real estate for sale in Ambridge? You can browse all Ambridge real estate or contact a Coldwell Banker agent to request more information.

