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$59,000

  • For Sale
  • Active
  • Multi-Family
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Don't miss this fully occupied duplex offering immediate rental income. This property features two units-each with 2 bedrooms and 1 full bathroom-currently leased to long-term tenants, providing steady cash flow from day one. Tenants pay all utilities, maximizing your return and minimizing owner expenses. The lower unit is HUD-approved, adding additional flexibility and appeal for investors. Sitting on over half acre, with plenty of parking for the tenants.

Full Property Details for 1401 State Route 227

General

  • Price: $59,000
  • Taxes: $728
  • Status: Active
  • Type: Multi-Family
  • Source: 702
  • MLS ID: 163780
  • Updated: 7/8/2026
  • Added to Site: 121 day(s) ago

Rental Information

  • Rent Includes: None

Additional Information

  • Other Features: TV Antenna, Cable TV Available, High Speed Internet

Location

  • County: Venango

School Information

  • School District: Oil City

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Natural Gas

Utilities

  • Sewer: Septic System
  • Water: Public

Structural Information

  • Exterior Const.: Vinyl Siding, Frame
  • Basement Desc.: Partial
  • Roof: Composition
  • Square Feet: 2,483
  • Year Built: 1900

Unit Information

Unit 1

  • Square Feet: 1207
  • Level: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Square Feet: 1276
  • Level: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Zoning: R

Financial Considerations

  • Tax Amount: $728

Listed by 1st Rate Realty, LLC

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Listing agent

— 1401 State Route 227 —

  • 1st Rate Realty, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1401 State Route 227

School District:Oil City Area School District
NameGradesDistance
Hasson Heights School
833 Grandview Road, Oil City, PA 16301
K-44.6 mi
Oil City Area Middle School
8 Lynch Boulevard, Oil City, PA 16301
5-85.2 mi
Oil City Senior High School
10 Lynch Boulevard, Oil City, PA 16301
9-125.3 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 1401 State Route 227 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/08/2026
Price Reduced
$59,000
-4.84%
MLS
6/23/2026
Price Reduced
$62,000
-4.62%
MLS
4/28/2026
Listed
$65,000
75.68%
MLS
8/01/2025
Sold
$37,000
—
Public Record
Get Price Alerts and Save Property
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 for 1401 State Route 227

Year
Property Taxes
Change
Tax Assessment
Change
2026
$727
-2%
$26,570
—
2025
$740
6%
$26,570
—
2024
$696
—
$26,570
—
2023
$696
—
$26,570
—
2022
$696
—
$26,570
—
2021
$696
—
$26,570
—
2020
$696
—
$26,570
—
2019
$696
—
$26,570
—
2018
$696
—
$26,570
—
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 for 1401 State Route 227

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by 1st Rate Realty, LLC

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Price Reduced near 1401 State Route 227

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Recent Sales near 1401 State Route 227

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    Sq. Ft.
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1401 State Route 227, Oil City, PA 16301 (MLS# 163780) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1401 State Route 227 is currently listed for $59,000 and was received on April 28, 2026. Want to learn more about 1401 State Route 227? 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.

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