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$369,900
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Property Description
Turn-key college rental opportunity in the heart of Slippery Rock! This unique room-rental property has successfully operated for over a decade serving students attending Slippery Rock University. Located in a vibrant college town known for its walkable campus and strong student demand, this well-maintained property offers 8 individually rented bedrooms, each with different rental rates to maximize income potential. Each private room is fully furnished with a bed, dresser, desk, storage shelving, and personal refrigerator, providing students with a comfortable and convenient living space. Tenants share common areas including a full kitchen, coin-operated laundry, and two full bathrooms. The home also features auto-locking doors for added security and a cooperative household system where residents share chore responsibilities. Major mechanical updates include a newer high-efficiency furnace, updated hot water tank, and upgraded 200-amp electrical service, contributing to reliable and efficient operation. Outdoor amenities include a large spacious backyard, perfect for spring and summer enjoyment, along with picnic tables and patio chairs where students can relax or study outdoors. The property also offers private off-street parking for tenants, a valuable feature in a busy college area. Conveniently located near campus, local shops, dining, and community events that make Slippery Rock a thriving college town, conveniently across the street from Dollar General. This property presents a rare opportunity to own an established student housing investment with a long history of occupancy.
Full Property Details
Full Property Details for 323 Franklin St
General
- Price: $369,900
- Taxes: $2,298
- Status: Active
- Type: Multi-Family
- Source: West_Penn_MLS
- MLS ID: 1742677
- Updated: 3/6/2026
- Added to Site: 84 day(s) ago
Parking
- Parking Features: Assigned, Off Street
Location
- County: Butler
- Driving Directions: (GPS) 108 E. INTO SLIPPERY ROCK BORO. LOCATED ON LEFT ACROSS FROM DG.
School Information
- Elem School District: Slippery Rock Area
- Midd School District: Slippery Rock Area
- High School District: Slippery Rock Area
Community
- Units Assoc/Comm: 8
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Frame
- Basement: Yes
- Basement Desc.: Walk-Out Access
- Roof: Slate
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.3528
- Lot Dimensions: .3528
- Zoning: C-2
Financial Considerations
- Assessment Amount: $14,320
- Tax Amount: $2,298
Listing courtesy of Castle Realty
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Schools
Schools serving 323 Franklin St
School District:Slippery Rock Area School District
| Name | Grades | Distance |
|---|---|---|
Slippery Rock Area El School 470 North Main Street, Slippery Rock, PA 16057 | K-5 | 0.5 mi |
Slippery Rock Area Middle School 201 Kiester Road, Slippery Rock, PA 16057 | 6-8 | 0.8 mi |
Slippery Rock Area High School 201 Kiester Road, Slippery Rock, PA 16057 | 9-12 | 0.8 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 323 Franklin St
Date
Details
Price
Change
Source
3/06/2026
Listed
$369,900
—
MLS
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 323 Franklin St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,298
—
$14,320
—
2025
$2,298
2%
$14,320
—
2024
$2,245
3%
$14,320
—
2023
$2,173
-2%
$14,320
—
2022
$2,209
2%
$14,320
—
2021
$2,173
—
$14,320
—
2020
$2,173
1%
$14,320
—
2019
$2,145
—
$14,320
—
2018
$2,145
1%
$14,320
—
2017
$2,131
3%
$14,320
—
2016
$2,079
4%
$14,320
—
2015
$1,994
3%
$14,320
—
2014
$1,943
—
$14,320
—
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 323 Franklin St
323 Franklin St, Slippery Rock, PA 16057 (MLS# 1742677) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 323 Franklin St is currently listed for $369,900 and was received on March 06, 2026. Want to learn more about 323 Franklin St? Do you have questions about finding other Multi-Family real estate for sale in Slippery Rock? You can browse all Slippery Rock real estate or contact a Coldwell Banker agent to request more information.

