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$160,001
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Property Description
Four-unit Victorian income property located at 116 West 2nd Street, Oil City. This older character-filled home features four residential units, including three one-bedroom units and one two-bedroom unit. The property offers off-street parking for two units and showcases classic Victorian charm. Recent updates include a newer roof, newer furnaces, and newer hot water tanks, adding value and peace of mind for investors. A solid opportunity for those looking to expand their rental portfolio in a convenient in-town location.
Full Property Details
Full Property Details for 116 W 2nd
General
- Price: $160,001
- Taxes: $3,359
- Status: Active
- Type: Multi-Family
- Source: 702
- MLS ID: 162431
- Updated: 12/18/2025
- Added to Site: 29 day(s) ago
Rental Information
- Rent Includes: Other
Additional Information
- Other Features: Cable TV Available, Deck, Electric-Circuit Break-100 Amp, Hardwood Floors, High Speed Internet, Laminate, Patio, Porch, Wood Floors
Parking
- Parking: OnPremises
Location
- County: Venango
School Information
- School District: Oil City
Heating & Cooling
- Cooling Type: Room
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block, Wood Frame
- Exterior Const.: Aluminum Siding
- Basement Desc.: Full, Walkout
- Roof: Composition, Other
- Square Feet: 3,761
- Year Built: 1900
Unit Information
Unit 1
- Level: 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Zoning: Residential
Financial Considerations
- Tax Amount: $3,359.95
Listed by Realty One Group Landmark - Butler
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Schools
Schools serving 116 W 2nd
School District:Oil City Area School District
| Name | Grades | Distance |
|---|---|---|
Oil City Senior High School 10 Lynch Boulevard, Oil City, PA 16301 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 116 W 2nd
Date
Details
Price
Change
Source
12/18/2025
Listed
$160,001
—
MLS
Disclaimer: Historical sales 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 116 W 2nd
116 W Second, Oil City, PA 16301 (MLS# 162431) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 116 W Second is currently listed for $160,001 and was received on December 18, 2025. Want to learn more about 116 W Second? Do you have questions about finding other Multi-Family real estate for sale in Oil City? You can browse all Oil City real estate or contact a Coldwell Banker agent to request more information.

