501 Glenwood Ave, Ambridge, PA, 15003
About This Home
501 Glenwood Avenue is a fully renovated, turnkey mixed-use investment property in Ambridge offering immediate income and long-term stability. The property is 100% tenant occupied and includes two residential 2-bedroom units and two commercial storefront spaces. The residential units are updated and well maintained, each with functional layouts and full basements for storage. The commercial spaces provide flexible use potential for office, retail, service, or food-related tenants, supporting diversified income streams. The building has been consistently maintained with recent updates and newer mechanical systems, making it a low-maintenance investment opportunity. Two garages are included for added value and tenant appeal. Located near Merchant Street and convenient to public transportation, the property sits in a revitalizing area with strong local demand drivers. Ideal for investors seeking turnkey cash flow and long-term hold potential.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1904
Materials
- Roof: Asphalt
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 5
Property
Details
- Zoning: Comm
- Zoning description: Comm
Lot
- Lot size: 3,049 sqft
- Lot size dimensions: 0.07
Parking
- Parking features: Detached,Garage,On Street
- Has garage: Yes
- Has uncovered spaces: Yes
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
- Inland Flooding
- Hail
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Pennsylvania Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,946 | $23,352 |
| Home Insurance * | $244 | $2,928 |
| Property Taxes | $426 | $5,112 |
| Electricity | $224 | $2,692 |
| Total | $2,840 | $34,080 |
Income You'd Need if You Spent...
Pennsylvania FAIR Plan Programs
Insurance Placement Facility of Pennsylvania/FAIR Plan
WildfireHailWindHow 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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-03 | Listed for sale | $385,000 |
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