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$119,000
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Property Description
Newly Renovated Duplex - Strong Income Potential! Welcome to 8 Lincoln Street - a beautifully renovated duplex offering immediate rental income and long-term investment opportunity. The first-floor unit features 2 bedrooms and 1 full bath, with spacious living areas and updated finishes throughout. The second-floor unit offers 1 bedroom and 1 full bath, making it perfect for a single tenant or couple. Both units have been recently updated, giving the property a clean, modern feel that tenants will appreciate. Whether you're looking to expand your portfolio or live in one unit while renting the other, this property provides flexibility and solid income potential. Conveniently located close to local amenities, this turnkey duplex is ready to start working for you from day one.
Full Property Details
Full Property Details for 8 Lincoln St
General
- Price: $119,000
- Taxes: $857
- Status: Active
- Type: Multi-Family
- Source: 702
- MLS ID: 163575
- Updated: 3/20/2026
- Added to Site: 46 day(s) ago
Additional Information
- Other Features: Cable TV Available, Deck, Electric-Fused-<100, Green Features, Hardwood Floors, High Speed Internet, Main Level Bedroom, Patio, Porch, Wood Floors
Parking
- Parking: OffPremises
Location
- County: Venango
School Information
- School District: Oil City
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block, Wood Frame
- Exterior Const.: Wood Siding
- Basement Desc.: Partial, Poured
- Roof: Composition
- Square Feet: 1,652
- Year Built: 1875
Unit Information
Unit 1
- Square Feet: 826
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: 826
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Zoning: Residential
Financial Considerations
- Tax Amount: $857.87
Listed by Realty One Group Landmark - Franklin
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Schools
Schools serving 8 Lincoln St
School District:Oil City Area School District
| Name | Grades | Distance |
|---|---|---|
Smedley Street School 310 Smedley Street, Oil City, PA 16301 | K-1 | 0.5 mi |
Seventh Street School 102 West 7th Street, Oil City, PA 16301 | 2-4 | 0.5 mi |
Oil City Area Middle School 8 Lynch Boulevard, Oil City, PA 16301 | 5-8 | 1.7 mi |
Oil City Senior High School 10 Lynch Boulevard, Oil City, PA 16301 | 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 8 Lincoln St
Date
Details
Price
Change
Source
3/20/2026
Price Reduced
$119,000
-7.75%
MLS
2/27/2026
Listed
$129,000
437.5%
MLS
2/20/2025
Sold
$24,000
—
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 8 Lincoln St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$858
-30%
$23,030
-35%
2024
$1,223
—
$35,420
—
2023
$1,223
—
$35,420
—
2022
$1,223
—
$35,420
—
2021
$1,223
—
$35,420
—
2020
$1,223
—
$35,420
—
2019
$1,223
—
$35,420
—
2018
$1,223
—
$35,420
—
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 8 Lincoln St
8 Lincoln St, Oil City, PA 16301 (MLS# 163575) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 8 Lincoln St is currently listed for $119,000 and was received on February 27, 2026. Want to learn more about 8 Lincoln St? 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.

