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Sold for $120,000
  • $120,000

    116 W 2nd St, Oil City, PA 16301

    5beds
    5baths
    3,761sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $121,800 Zestimate®
    $32/sqft
    $905 Estimated rent

    Home value

    $121,800

    Estimated sales range

    Not available

    $905/mo

    Zestimate® history
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    What's special

    Classic victorian charmCharacter-filled homeOff-street parkingNewer roofNewer furnacesNewer hot water tanks
    Four-unit Victorian income property located at 116 West 2nd Street, Oil City. This older character-filled home features four residential units, including three one-bedroom units and one two-bedroom unit. The property offers off-street parking for two units and showcases classic Victorian charm. Recent updates include a newer roof, newer furnaces, and newer hot water tanks, adding value and peace of mind for investors. A solid opportunity for those looking to expand their rental portfolio in a convenient in-town location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Bordell 814-673-5150,

    Realty One Group Landmark - Franklin

    Bought with:

    Dana Shawgo, RM424170

    Shawgo Real Estate LLC

    Source: Allegheny Valley BOR,MLS#: 162431

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Heating
    • Forced Air
    Cooling
    • Room
    Appliances
    • Included: Unit 1 Refrigerator, Unit 2 Refrigerator, Unit 3 Refrigerator, Unit 4 Refrigerator, Unit 1 Stove, Unit 2 Stove, Unit 3 Stove, Unit 4 Stove
    Features
    • Flooring: Hardwood, Laminate, Wood
    • Basement: Full,Walk-Out Access
    Interior area
    • Total structure area: 3,761
    • Total interior livable area: 3,761 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Stories: 3
    • Patio & porch: Deck, Patio, Porch
    Lot
    • Size: 7,840 Square Feet
    Details
    • Zoning: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Block, Frame, Aluminum Siding
    • Roof: Composition,Other
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Location
    • Region: Oil City

    Financial & listing details

    • Price per square foot: $32/sqft
    • Annual tax amount: $3,359
    • Date on market: 12/18/2025
    • Total actual rent: 2950

    Price history

    DateEventPrice
    4/17/2026Sold$120,000-25%$32/sqft
    Source: Allegheny Valley BOR #162431 Report a problem
    3/20/2026Listing removed$750
    Source: Allegheny Valley BOR #160535 Report a problem
    3/10/2026Contingent$160,001$43/sqft
    Source: Allegheny Valley BOR #162431 Report a problem
    2/19/2026Listed for rent$750-11.8%
    Source: Allegheny Valley BOR #160535 Report a problem
    2/18/2026Listing removed$850
    Source: Allegheny Valley BOR #163540 Report a problem
    2/11/2026Price change$850+13.3%
    Source: Allegheny Valley BOR #163540 Report a problem
    12/18/2025Listed for sale$160,001+75.8%$43/sqft
    Source: Allegheny Valley BOR #162431 Report a problem
    12/2/2025Listed for rent$750
    Source: Allegheny Valley BOR #160535 Report a problem
    11/19/2024Listing removed$750
    Source: Allegheny Valley BOR #160535 Report a problem
    7/25/2024Listed for rent$750-11.8%
    Source: Allegheny Valley BOR #160535 Report a problem
    11/15/2023Listing removed--
    Source: Allegheny Valley BOR #158252 Report a problem
    9/13/2023Price change$850-5.6%
    Source: Allegheny Valley BOR #158252 Report a problem
    8/16/2023Listed for rent$900
    Source: Allegheny Valley BOR #158252 Report a problem
    3/29/2022Sold$91,000-13.3%$24/sqft
    Source: Allegheny Valley BOR #155364 Report a problem
    1/13/2022Pending sale$104,900$28/sqft
    Source: Allegheny Valley BOR #155364 Report a problem
    8/3/2021Price change$104,900-4.5%$28/sqft
    Source: Allegheny Valley BOR #155364 Report a problem
    7/2/2021Listed for sale$109,900$29/sqft
    Source: Allegheny Valley BOR #155364 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 16301

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Oil City

    Source: Allegheny Valley BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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