See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

851 Florence Ave, East Mc Keesport, PA, 15035

4beds
3baths
--sqft
$250,000
--price/sqft
$2,025/moest. monthly cost
$81,000/yrincome needed

About This Home

Exceptional Turnkey Investment Portfolio – 7 Properties | 17 Total Units | Cash-Flowing Assets Rare opportunity to acquire a professionally maintained portfolio of income-producing investment properties across the Pittsburgh and East McKeesport markets. This package includes 7 properties totaling 17 rental units, featuring a diverse mix of single-family homes, duplexes, triplexes, and a four-unit apartment building. The portfolio offers immediate cash flow with the majority of units occupied and a strong history of rental performance. Many properties have been updated with improvements including flooring, bathrooms, windows, and other capital upgrades, minimizing deferred maintenance while providing long-term investment stability. The unit mix appeals to a broad tenant base and provides diversified income across multiple neighborhoods. Portfolio includes: 303 Kathleen St – Pittsburgh 1088 Milltown Rd – Verona (4-unit) 569 Woodmont Ave – East McKeesport (4-unit) 615 Sunnyside Ave – East McKeesport (Triplex) 851 Florence Ave – East McKeesport (Duplex) 632 Joseph St – East McKeesport (Duplex) 366 Lecanto St – East McKeesport (Single Family) Highlights: 17 total rental units Strong in-place occupancy Immediate cash flow Diverse unit mix reduces vacancy risk Professionally maintained with numerous recent improvements Opportunity for future rental growth through market rent adjustments and continued professional management Whether you're expanding an existing portfolio or completing a 1031 exchange, this is an opportunity to acquire a stabilized collection of investment properties in one transaction. Financial information, rent roll, and additional due diligence materials are available upon request. Properties may also be purchased individually.

Getting Around

48
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1962

Materials

  • Roof: Asphalt

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Property

Details

  • Parcel number: 0547C00204000000
  • Zoning: RES
  • Zoning description: RES

Lot

  • Lot size: 4,399 sqft
  • Lot size dimensions: 0.101

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate

How This Home’s Risks Compare

Cold Wave

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,264$15,168
Home Insurance *$231$2,772
Property Taxes $306$3,672
Electricity $224$2,692
Total$2,025$24,300
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$69,428/yr
40% on housing$60,750/yr
45% on housing$54,000/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 15035$73
Allegheny County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 15035$93
Allegheny County$167

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-25Listed for sale$250,000
2025-12-23Listing removed$1,600
2025-11-24Listed for rent$1,600
2025-06-27Sold$153,000
2025-06-10Pending sale$84,900
2025-05-08Contingent$84,900
2025-05-06Price change$74,900
2025-05-05Listed for sale$84,900

For Sale by Agent

AgentMichael Ionadi
BrokerageCOMPASS PENNSYLVANIA, LLC

Similar Homes