$200,000

340 Park Ave Ambridge, PA 15003

$2,375
Closing credit¹
0.05 acres
Multi-Family

Property details

About 340 Park Ave

This remodeled, turnkey investment property is fully rented and offers a great cap rate with steady cash flow. It features two, two-bedroom units, each rented for $1,000 plus all utilities (gas, electric, water, and sewer), along with a bonus garage renting for $100. All tenants are long-term and solid. The owner has updated the mechanics and the units, so there’s nothing left for you to do except collect the rent in this growing Ambridge community. Great cap rate.

Highlights

Home typeDuplex
StatusActive
BasementYes
Lot size0.05 Acres
Year built1900
ParkingDetached, Garage
MLS #1689599

Virtual tour

Summary

  • MLS Number: 1689599
  • MLS Name: WESTPENN
  • Office Name: Re/Max Select Realty
  • Office Phone: (724) 933-6300
  • Listing Agent: Susan Kaczorek

IDX The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/12/2025, 7:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring stone siding, a fenced front yard, and brick siding

$200,000

340 Park Ave

$2,375

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

6

Highland Elementary School

Public District PK-5

1.0 mi

1101 Highland Ave

7

Margaret Ross Elementary School

Public District KG-4

1.9 mi

1955 Maratta Rd

8

Bon Meade Elementary

Public District KG-4

2.6 mi

1595 Brodhead Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,556. Residents of Ambridge, PA typically earn less than $<35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

66%
<35k
29%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
17%
Single, with Kids
18%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • SoccerSoccer

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • PopeyesPopeyes

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • RockRock
  • Adult StandardsAdult Standards
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 340 Park Ave in Ambridge, PA and zip code 15003. Features: 0 bathroom. It has been listed on Rocket Homes since February 26, 2025 and is currently priced at $200,000.

While more than 3 listings in Ambridge, PA in March 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 4 were sold below. The inventory of homes for sale in Ambridge, PA between February and March 2025 increased by 4.5%. In March 2025 median list price was $150,000 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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