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$198,000 Just Listed
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Property Description
Looking for a turnkey investment? This newly renovated triplex is ready to generate income from day one! Featuring separate electric, gas, and water utilities for each unit, newer mechanicals, and numerous updates throughout, this well-maintained property offers an outstanding opportunity for investors and owner-occupants alike. Unit 1 offers 2 bedrooms, a cozy fireplace, and in-unit laundry. Unit 2 features 2 bedrooms, spacious rooms, and a dedicated computer nook. Unit 3 is a 1-bedroom unit with first-floor access, level entry and a beautifully updated bathroom, providing comfort and convenience. The backyard offers space outdoor enjoyment, entertaining, or gardening. Whether you're looking to live in one unit while generating rental income from the others or add a fully occupied multifamily property to your portfolio, this triplex provides flexibility, efficiency, and excellent income potential. Don't miss this opportunity to own a wonderful investment property with strong cash-flow potential and long-term value.
Full Property Details
Full Property Details for 464 Reed Ave
General
- Price: $198,000
- Taxes: $2,220
- Status: Active
- Type: Triplex
- Source: West_Penn_MLS
- MLS ID: 1779783
- Updated: 10/18/2026
- Added to Site: 2 day(s) ago
Parking
- Parking Features: On Street
Location
- County: Westmoreland
School Information
- Elem School District: Monessen City
- Midd School District: Monessen City
- High School District: Monessen City
Community
- Units Assoc/Comm: 3
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Vinyl Siding
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.1377
- Lot Dimensions: .1377
- Zoning: res
Financial Considerations
- Assessment Amount: $18,210
- Tax Amount: $2,220
Listing courtesy of Howard Hanna Mid Mon Valley Office
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Schools
Schools serving 464 Reed Ave
School District:Monessen City School District
| Name | Grades | Distance |
|---|---|---|
Monessen El Center 1275 Rostraver Street, Monessen, PA 15062 | K-5 | 0.5 mi |
Monessen Middle School 1245 State Road, Monessen, PA 15062 | 6-8 | 1.6 mi |
Monessen Senior High School 1245 State Road, Monessen, PA 15062 | 9-12 | 1.6 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 464 Reed Ave
Date
Details
Price
Change
Source
10/18/2026
Listed
$198,000
22.98%
MLS
12/05/2024
Sold
$161,000
—
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 464 Reed Ave
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,883
-2%
$18,210
—
2024
$2,948
1%
$18,210
-2%
2024
$2,911
6%
$18,610
—
2022
$2,757
2%
$18,610
—
2021
$2,711
—
$18,610
—
2020
$2,711
2%
$18,610
—
2019
$2,652
4%
$18,610
—
2018
$2,546
5%
$18,610
—
2017
$2,435
2%
$18,610
—
2016
$2,388
3%
$18,610
—
2015
$2,317
—
$18,610
—
2014
$2,323
—
$18,610
—
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 464 Reed Ave
464 Reed Ave, Monessen, PA 15062 (MLS# 1779783) is a Triplex property with 0 bedrooms and 0 full bathrooms. 464 Reed Ave is currently listed for $198,000 and was received on October 18, 2026. Want to learn more about 464 Reed Ave? Do you have questions about finding other Triplex real estate for sale in Monessen? You can browse all Monessen real estate or contact a Coldwell Banker agent to request more information.

