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537 N Edgewood Ave, Somerset, PA, 15501

4beds
4baths
--sqft
$290,000
--price/sqft
$2,207/moest. monthly cost
$88,280/yrincome needed

About This Home

This 4-unit apartment property has been entirely renovated throughout and is ready for occupancy. Each of the four units features 1 bedroom and 1 bathroom along with spacious and dedicated living room. Brand new appliances -stack-able washer/dryer, refrigerator, & oven in all of the units. New drywall, carpet, Quartz counter-tops, cabinetry, & fixtures can be found throughout this thoughtfully renovated apartment property. Each unit is separately metered with individual hot water tanks. Updated electrical with panel box in each unit.

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

7/10
Eagle View El SchoolGrades 3-51.2 mi
7/10
SOMERSET AREA JR-SR HSGrades 6-120.8 mi
--
Maple Ridge El SchoolGrades PK-21.2 mi

Construction

Condition

  • Year built: 1900

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Fourplex
  • Property subType: Quadruplex,Multi Family,Multi Family

Interior

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Property

Details

  • Parcel number: 410001520
  • Zoning: R-2
  • Zoning description: R-2

Lot

  • Lot size: 10,785 sqft
  • Lot size dimensions: 0.2476

Parking

  • Total spaces: 6
  • Parking features: Off Street

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

  • Lightning
    LightningRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Strong Wind
Winter Weather

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 $1,466$17,592
Home Insurance *$164$1,968
Property Taxes $239$2,868
Electricity $338$4,063
Total$2,207$26,484
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,668/yr
40% on housing$66,210/yr
45% on housing$58,853/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: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
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 15501$118
Somerset County$119

vs Homes Sold Last Month

Median $/sqft

ZIP 15501$115
Somerset County$94

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
2026-03-29Listed for sale$295,000
2024-12-20Sold$65,000
2024-12-08Pending sale$75,000
2024-12-08Contingent$75,000
2024-11-06Listed for sale$75,000

For Sale by Agent

AgentLee Hoffman
BrokerageREALTY ONE GROUP LANDMARK

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