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$209,990 Just Listed
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Property Description
Welcome to 516 W 3rd St, Oil City - a rare opportunity to own a spacious, character-filled home offering timeless charm and exceptional value at its current price point. This impressive property showcases beautiful original woodwork, hardwood floors, oversized living spaces, and unique architectural details throughout. The updated kitchen offers generous cabinet space and functionality, while multiple large rooms provide flexibility for bedrooms, office space, entertaining, or hobby areas. Natural light pours throughout the home, highlighting the classic character and warm atmosphere from top to bottom. Upstairs, you'll find generously sized bedrooms along with additional bonus spaces full of potential. Outside features include a detached garage, off-street parking, covered outdoor areas, and a sizable yard perfect for relaxing or entertaining. Conveniently located near downtown amenities, shopping, restaurants, parks, and schools, this property offers an incredible blend of space, charm, and functionality. Whether you're looking for a primary residence or a property with room to make your own, 516 W 3rd St delivers a unique opportunity in the heart of Oil City. Schedule your showing today!
Full Property Details
Full Property Details for 516 W 3rd St
General
- Price: $209,990
- Taxes: $4,336
- Status: Active
- Type: Single Family
- Source: West_Penn_MLS
- MLS ID: 1755622
- Updated: 5/27/2026
- Added to Site: 1 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Flooring: Carpet, Hardwood, Laminate
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Parking Features: Detached, Garage
Location
- County: Clarion/Venango
- Driving Directions: From PA-8 South, take the W 5th St / PA-8 S exit toward Downtown Oil City. Continue on W 5th St approximately 0.3 miles. Turn right onto W 3rd St. Continue west for about 0.2 miles.
School Information
- Elem School District: Oil City
- Midd School District: Oil City
- High School District: Oil City
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Two Story, Victorian
- Construction: Aluminum Siding, Frame
- Basement: Yes
- Basement Desc.: Interior Entry
- Roof: Asphalt
- Stories/Levels: 2
- Building Size: 3294
- Year Built: 1895
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.16
- Lot Dimensions: 6890
Financial Considerations
- Assessment Amount: $116,400
- Tax Amount: $4,336
Listing courtesy of Fsbo Broker Llc
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Schools
Schools serving 516 W 3rd St
School District:Oil City Area School District
| Name | Grades | Distance |
|---|---|---|
Smedley Street School 310 Smedley Street, Oil City, PA 16301 | K-1 | 0.1 mi |
Seventh Street School 102 West 7th Street, Oil City, PA 16301 | 2-4 | 0.4 mi |
Oil City Area Middle School 8 Lynch Boulevard, Oil City, PA 16301 | 5-8 | 2 mi |
Oil City Senior High School 10 Lynch Boulevard, Oil City, PA 16301 | 9-12 | 1.9 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 516 W 3rd St
Date
Details
Price
Change
Source
5/27/2026
Listed
$209,990
30.59%
MLS
4/16/2018
Sold
$160,800
—
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 516 W 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$4,280
-1%
$116,400
—
2025
$4,336
8%
$116,400
—
2024
$4,019
—
$116,400
—
2023
$4,019
—
$116,400
—
2022
$4,019
—
$116,400
—
2021
$4,019
—
$116,400
—
2020
$4,019
—
$116,400
—
2019
$4,019
—
$116,400
—
2018
$4,019
—
$116,400
—
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 516 W 3rd St
516 W 3rd Street, Oil City, PA 16301 (MLS# 1755622) is a Single Family property with 6 bedrooms, 3 full bathrooms and 1 partial bathroom. 516 W 3rd Street is currently listed for $209,990 and was received on May 27, 2026. Want to learn more about 516 W 3rd Street? 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.

