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$3,500,000
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Property Description
Discover an exceptional investment opportunity at 990 E Main St, Clarion, PA. This expansive property features two buildings with a total of 70 apartment units and 92 parking spaces, making it an ideal income-generating asset in a desirable location. Consistently high occupancy, ensuring a steady stream of rental income. The property offers a versatile mix of 13 studio apartments rented at $625 per month, 26 one-bedroom apartments at $725 per month, and 31 two-bedroom apartments at $825 per month, catering to a broad range of tenants. Located in the heart of Clarion, this property is strategically positioned to attract a steady flow of tenants. Whether you're an experienced investor or looking to expand your portfolio, 990 E Main St offers reliable returns and potential for growth. Don't miss your chance to acquire a premier asset in a thriving rental market!
Full Property Details
Full Property Details for 990 E Main St
General
- Price: $3,500,000
- Taxes: $23,086
- Status: Active
- Type: Multi-Family
- Source: 702
- MLS ID: 160757
- Updated: 12/4/2025
- Added to Site: 490 day(s) ago
Rental Information
- Rent Includes: AllUtilities
Additional Information
- Other Features: Cable TV Available, High Speed Internet
Parking
- Parking: OnPremises
Location
- County: Clarion
School Information
- School District: Clarion
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block
- Exterior Const.: Brick
- Basement Desc.: Finished, Partial
- Roof: Other
- Square Feet: 44,310
- Year Built: 1963
Unit Information
Unit 1
- Square Feet: 500
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Square Feet: 750
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Square Feet: 1000
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Sq. Ft.): 84,506
- Zoning: C-2
Financial Considerations
- Tax Amount: $23,086
Listed by Burford & Henry Real Estate Services
Get Pre-Approved Today
Schools
Schools serving 990 E Main St
School District:Clarion Area School District
| Name | Grades | Distance |
|---|---|---|
Clarion Area El School 800 Boundary Street, Clarion, PA 16214 | K-6 | 0.6 mi |
Clarion Area Junior-Senior High School 219 Liberty Street, Clarion, PA 16214 | 7-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 990 E Main St
Date
Details
Price
Change
Source
12/04/2025
Price Reduced
$3,500,000
-7.89%
MLS
12/09/2024
Price Reduced
$3,800,000
-5%
MLS
9/13/2024
Listed
$4,000,000
135.29%
MLS
8/10/2022
Sold
$1,700,000
—
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 990 E Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$23,086
—
$211,350
—
2023
$23,086
—
$211,350
—
2022
$23,191
3%
$211,350
3%
2021
$22,489
—
$204,945
—
2019
$22,489
—
$204,945
—
2018
$22,489
—
$204,945
—
2017
$22,489
—
$204,945
—
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 990 E Main St
990 E Main St, Clarion, PA 16214 (MLS# 160757) is a Multi-Family property with 70 units containing 0 bedrooms and 0 full bathrooms. 990 E Main St is currently listed for $3,500,000 and was received on September 13, 2024. Want to learn more about 990 E Main St? Do you have questions about finding other Multi-Family real estate for sale in Clarion? You can browse all Clarion real estate or contact a Coldwell Banker agent to request more information.
