Turn-key student housing opportunity directly across the street from Slippery Rock University! Situated on a double lot, this fully occupied 7-bedroom, 2-bath property offers an established student rental model. All 7 bedrooms are individually leased, and each comes furnished with a bed frame, mattress, desk and chair, and dresser — allowing for a truly turn-key transition for both investor and tenants. Improvements include central air, two sump pumps servicing the basement perimeter, a newer hot water tank, updated flooring throughout portions of the first and second floors and basement, a completely remodeled first-floor bathroom with new plumbing fixtures, tile and lighting, and a new sewage line to the street. Additional improvements include a newer washer, dryer, refrigerator and microwave, replacement exterior and screen doors, tree removal, and a 12x12 paver patio. Outside, the expansive double lot provides generous yard space, while private off-street parking accommodates approximately 8–10 vehicles — an exceptional amenity for student housing directly across from campus. With individual student leases, furnished bedrooms, extensive improvements and an unbeatable location, 115 Kiester presents a rare opportunity to acquire an established, turn-key student rental in the heart of Slippery Rock.
For sale
$399,900
115 Kiester Rd, Slippery Rock, PA 16057
7beds
2baths
--sqft
Multi Family
Built in 1927
-- sqft lot
$387,500 Zestimate®
$--/sqft
$-- HOA
What's special
Central air
- 59 days
- 263
- 8
Zillow last checked:
Listing updated:
Listed by:
Meghan Heckmann 484-604-3038,
CROWN HOMES REAL ESTATE 484-604-3038
Source: WPMLS,MLS#: 1770740
Originating MLS: West Penn Multi-List
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 2
Features
- Basement: Walk-Up Access
Property
Parking
- Parking features: Off Street
Lot
- Size: 0.27 Acres
- Dimensions: 0.27
Details
- Parcel number: 510S31300000
- Zoning: R-2
- Zoning description: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1927
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Location
- Region: Slippery Rock
Financial & listing details
- Tax assessed value: $11,840
- Annual tax amount: $2,094
- Date on market: 8/20/2026
- Electric utility on property: Yes
Estimated market value
$387,500
$368,000 - $407,000
$1,019/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Listed for sale | $399,900+135.2% |
Source: | ||
| 3/11/2022 | Sold | $170,000-2.9% |
Source: | ||
| 2/12/2022 | Contingent | $175,000 |
Source: | ||
| 10/26/2021 | Listed for sale | $175,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,927 +1.4% | $11,840 |
| 2024 | $1,900 +2.4% | $11,840 |
| 2023 | $1,856 +3.3% | $11,840 |
| 2022 | $1,797 | $11,840 |
| 2021 | $1,797 | $11,840 |
| 2020 | $1,797 +52.1% | $11,840 |
| 2019 | $1,181 -33.4% | $11,840 |
| 2018 | $1,774 +188.1% | $11,840 |
| 2017 | $616 -4.5% | $11,840 |
| 2016 | $645 +168.6% | $11,840 |
| 2015 | $240 | $11,840 |
| 2014 | $240 | $11,840 |
| 2013 | $240 +5.1% | $11,840 |
| 2012 | $228 | $11,840 |
| 2011 | $228 | $11,840 |
| 2010 | $228 | $11,840 |
| 2009 | $228 +5% | $11,840 +33.3% |
| 2008 | $218 +11.1% | $8,881 |
| 2007 | $196 -59.7% | $8,881 -1.3% |
| 2005 | $486 -44.4% | $9,001 |
| 2004 | $874 +96.2% | $9,001 |
| 2003 | $446 +10% | $9,001 |
| 2002 | $405 +7.1% | $9,001 |
| 2000 | $378 +10.5% | $9,001 |
| 1999 | $342 | $9,001 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 16057
Nearby schools
Schools provided by the listing agent
- District: Slippery Rock Area
Source: WPMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



