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$150,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,496 Sq. Ft.
  • Updated 1 day ago
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Historic colonial home on a corner lot in Oil City's Southside for sale to be your future home, or your next rental/investment opportunity! This 3-bedroom, 1.75-bath home offers nearly 1,500 square feet, a quaint backyard, and has a proven rental track record. Following departure of the last tenant in 2025, the home received a new bath surround upstairs, updated ground-level flooring, and a new stacked washer/dryer combo unit. Owners have kept up with maintenance and design adding the covered wraparound front porch, caring for the siding and roof, replacing windows and hot water systems, plus refreshing the kitchen with stainless appliances. A partially finished walkout basement adds bonus storage. The detached 20x20 garage with power and additional off street parking make access and entertaining a breeze. Public water/sewer, natural gas, paved road frontage. Pre-qualified buyers should call to schedule today.

Full Property Details for 508 Central Ave

General

  • Price: $150,000
  • Taxes: $1,301
  • Status: Active
  • Type: Single Family
  • Source: 702
  • MLS ID: 164308
  • Updated: 8/26/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 8
  • Appliances: Dryer, Range, Refrigerator, W/D Hook Up, Washer, Gas Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Other Features: Cable TV Available, High Speed Internet, Shared Private Drive

Parking

  • Garage Description: 1 1/2 Car, Detached, Garage Door Opener, Oversized

Location

  • County: Venango

School Information

  • School District: Oil City

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Partially Finished, Walk-Out Access
  • Roof: Composition
  • Square Feet: 1,496
  • Year Built: 1900

Additional Structures

  • Other Structures: 20x20 Det. Garage

Lot Features

  • Lot Size (Acres): 0.86
  • Lot Size (Sq. Ft.): 4,218
  • Zoning: R-2

Financial Considerations

  • Tax Amount: $1,301.71

Listed by Coldwell Banker BURNS & BURNS

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Listing agent

— 508 Central Ave —

  • Coldwell Banker BURNS & BURNS

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 508 Central Ave

School District:Oil City Area School District
NameGradesDistance
Seventh Street School
102 West 7th Street, Oil City, PA 16301
2-40.2 mi
Smedley Street School
310 Smedley Street, Oil City, PA 16301
K-10.5 mi
Oil City Area Middle School
8 Lynch Boulevard, Oil City, PA 16301
5-81.4 mi
Oil City Senior High School
10 Lynch Boulevard, Oil City, PA 16301
9-121.4 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 508 Central Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/26/2026
Listed
$150,000
1100%
MLS
7/28/2016
Sold
$12,500
—
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 508 Central Ave

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,277
-1%
$34,740
—
2025
$1,294
8%
$34,740
—
2024
$1,200
—
$34,740
—
2023
$1,200
—
$34,740
—
2022
$1,200
—
$34,740
—
2021
$1,200
—
$34,740
—
2020
$1,200
—
$34,740
—
2019
$1,200
—
$34,740
—
2018
$1,200
—
$34,740
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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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

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Listed by Coldwell Banker BURNS & BURNS

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508 Central Avenue, Oil City, PA 16301 (MLS# 164308) is a Single Family property with 3 bedrooms and 1 full bathroom. 508 Central Avenue is currently listed for $150,000 and was received on August 26, 2026. Want to learn more about 508 Central Avenue? Do you have questions about finding other Single 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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