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$275,000 Just Listed
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Property Description
Great investment opportunity with this 5 unit rental. 3 units are currently tenant-occupied, generating income from day one. Many improvements have been made to the units including new appliances, bath updates, painting, etc. All 5 units have updated electrical and are separately metered. The 2 vacant units still need finished before they are ready to market, once leased should increase monthly income by 50%. Tenants pay all utilities besides trash. Located on the Washington County Freedom Transit County Line Bus routes. Current Cap Rate of almost 7%, potential cap rate fully leased at market rates is 11.25%
Full Property Details
Full Property Details for 216 E Pike St
General
- Price: $275,000
- Taxes: $4,082
- Status: Active
- Type: Apartment
- Source: West_Penn_MLS
- MLS ID: 1747070
- Updated: 4/6/2026
- Added to Site: 1 day(s) ago
Location
- County: Washington
- Driving Directions: I-79 to Houston exit, S. Main St toward Houston. Right on E Pike St.
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Year Built: 1917
Lot Features
- Lot Size (Acres): 0.155
- Lot Dimensions: .155
- Zoning: C
Financial Considerations
- Assessment Amount: $109,500
- Tax Amount: $4,082
Listing courtesy of Howard Hanna Real Estate Services
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Schools
Schools serving 216 E Pike St
School District:Chartiers-Houston School District
| Name | Grades | Distance |
|---|---|---|
Allison Park El School 803 McGovern Road, Houston, PA 15342 | K-6 | 1.7 mi |
Chartiers-Houston Junior-Senior High School 2050 West Pike Street, Houston, PA 15342 | 7-12 | 1.4 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 216 E Pike St
Date
Details
Price
Change
Source
4/06/2026
Listed
$275,000
547.06%
MLS
10/26/2023
Sold
$42,500
—
Public Record
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 216 E Pike St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,160
7%
$109,500
—
2024
$2,017
—
$109,500
—
2023
$2,017
—
$109,500
—
2022
$2,017
—
$109,500
—
2021
$2,017
5%
$109,500
—
2020
$1,919
2%
$109,500
—
2019
$1,887
2%
$109,500
—
2018
$1,854
—
$109,500
—
2017
$1,854
-29%
$109,500
634%
2016
$2,625
1%
$14,921
—
2015
$2,587
5%
$14,921
—
2014
$2,453
—
$14,921
—
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 216 E Pike St
216 E Pike St, Houston, PA 15342 (MLS# 1747070) is a Apartment property. 216 E Pike St is currently listed for $275,000 and was received on April 06, 2026. Want to learn more about 216 E Pike St? Do you have questions about finding other Apartment real estate for sale in Houston? You can browse all Houston real estate or contact a Coldwell Banker agent to request more information.

