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108 & 110 Merle St, Clarion, PA, 16214

4beds
3baths
2,737sqft
$124,900
$46price/sqft
$1,087/moest. monthly cost
$43,480/yrincome needed

About This Home

Investor Opportunity - Three-Unit Residential Rental Add to your rental portfolio or start your own rental business with this three-unit residential property, priced to sell quickly. Units 108 and 110 are located on the first floor, while Unit 110 1/2 occupies the second level. Unit 108 features two bedrooms and private laundry. Units 110 and 110 1/2 each offer one bedroom and share a washer and dryer in the basement. All three units include a refrigerator and range. Tenants are responsible for all utilities, while the landlord pays for garbage collection. A separate storage building at the rear of the property provides additional space and value. Don't miss this opportunity to own an income-producing property with flexible investment potential.

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

5/10
Clarion Area El SchoolGrades K-51.0 mi

Construction

Materials

  • Foundation: Other Basement/Foundation
  • Roof: Composition
  • Construction materials: Aluminum Siding,Vinyl Siding

Type & Style

  • Home type: MultiFamily

Interior

Appliances

  • Appliances included: Unit 1 Refrigerator,Unit 2 Refrigerator,Unit 3 Refrigerator,Unit 1 Stove,Unit 2 Stove,Unit 3 Stove

Basement

  • Has basement: Yes
  • Basement: Partial,Other Basement/Foundation

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Heating & Cooling

  • Heating features: Forced Air,Hot Water
  • Cooling features: None

Interior Area

  • Total structure area: 2,737
  • Total interior livable area: 2,737 sqft

Property

Details

  • Zoning: R-1

Features

  • Stories: 2

Lot

  • Lot size: 5,662 sqft

Parking

  • Total spaces: 4

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
    LightningVery High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Cold Wave
Inland Flooding
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 $631$7,572
Home Insurance *$62$744
Property Taxes $94$1,128
Electricity $300$3,603
Total$1,087$13,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$37,268/yr
40% on housing$32,610/yr
45% on housing$28,986/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: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -1.3%
-1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$46This listing

vs Other Active Listings

Avg $/sqft

ZIP 16214$105
Clarion County$104

vs Homes Sold Last Month

Median $/sqft

ZIP 16214
Clarion County$78

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)

No zestimate history available

Price History

DateEventPrice
2026-07-28Listed for sale$124,900

For Sale by Agent

AgentVictoria O'Neal
BrokerageHOWARD HANNA-Forest Realty

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