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$385,000
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Property Description
501 Glenwood Avenue is a fully renovated, turnkey mixed-use investment property in Ambridge offering immediate income and long-term stability. The property is 100% tenant occupied and includes two residential 2-bedroom units and two commercial storefront spaces. The residential units are updated and well maintained, each with functional layouts and full basements for storage. The commercial spaces provide flexible use potential for office, retail, service, or food-related tenants, supporting diversified income streams. The building has been consistently maintained with recent updates and newer mechanical systems, making it a low-maintenance investment opportunity. Two garages are included for added value and tenant appeal. Located near Merchant Street and convenient to public transportation, the property sits in a revitalizing area with strong local demand drivers. Ideal for investors seeking turnkey cash flow and long-term hold potential.
Full Property Details
Full Property Details for 501 Glenwood Ave
General
- Price: $385,000
- Taxes: $2,875
- Status: Active
- Type: Multi-Family
- Source: West_Penn_MLS
- MLS ID: 1758049
- Updated: 7/9/2026
- Added to Site: 57 day(s) ago
Parking
- Garage: Yes
- Parking Features: Detached, Garage, On Street
Location
- County: Beaver
- Driving Directions: GPS IS BEST. FROM OHIO RIVER BLVD., TURN ONTO 4TH STREET. TURN LEFT ONTO DUSS, AT 5TH STREET, VEER TO THE LEFT ONTO GLENWOOD. PROPERTY IS ON THE CORNER.
School Information
- Elem School District: Ambridge
- Midd School District: Ambridge
- High School District: Ambridge
Community
- Units Assoc/Comm: 5
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt
- Year Built: 1904
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: .07
- Zoning: Comm
Financial Considerations
- Assessment Amount: $253,800
- Tax Amount: $2,875
Listing courtesy of Compass Pennsylvania, Llc
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Schools
Schools serving 501 Glenwood Ave
School District:Ambridge Area School District
| Name | Grades | Distance |
|---|---|---|
Highland El School 1101 Highland Avenue, Ambridge, PA 15003 | K-6 | 0.7 mi |
Ambridge Area Junior High School 401 1st Street, Freedom, PA 15042 | 7-8 | 7.6 mi |
Ambridge Area High School 909 Duss Avenue, Ambridge, PA 15003 | 9-12 | 0.5 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 501 Glenwood Ave
Date
Details
Price
Change
Source
6/03/2026
Listed
$385,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 501 Glenwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$952
-35%
$63,450
—
2025
$1,467
-75%
$63,450
—
2024
$5,942
191%
$63,450
347%
2023
$2,044
1%
$14,200
—
2020
$2,015
2%
$14,200
—
2018
$1,985
—
$14,200
—
2017
$1,985
5%
$14,200
—
2016
$1,882
1%
$14,200
—
2015
$1,855
1%
$14,200
—
2014
$1,841
—
$14,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 Glenwood Ave
501 Glenwood Ave, Ambridge, PA 15003 (MLS# 1758049) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 501 Glenwood Ave is currently listed for $385,000 and was received on June 03, 2026. Want to learn more about 501 Glenwood Ave? 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.

