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Sold for $1,700,000
  • $1,700,000

    121 Locust St, Ambridge, PA 15003

    27beds
    10baths
    --sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $1,717,000 Zestimate®
    $--/sqft
    $1,075 Estimated rent

    Home value

    $1,717,000

    $1.49M - $1.97M

    $1,075/mo

    Zestimate® history
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    What's special

    Updated kitchens and bathsLarger floor plansNew flooringImproved mechanical systems
    Properties like this do not come around often. Exceptional opportunity to acquire a well-maintained 26-unit multifamily building offering immediate income and long-term stability. This solid 100% all-brick property features a desirable unit mix of spacious 2- and 3-bedroom apartments, attracting strong tenant demand and consistent occupancy. The property has been thoughtfully updated, with many units renovated to include modern finishes, updated kitchens and baths, new flooring and improved mechanical systems if needed. The building has been professionally maintained and cared for, resulting in a true turnkey investment with reliable performance. Tenants appreciate the larger floor plans, making the property especially attractive to long-term renters and families — a major factor in minimizing turnover and vacancy. The building is divided in two - both 111 & 121 have 13 units, a laundry room with coin-op for additional income, storage lockers, maintenance rooms. There is a playground and yard space are in the back and plenty of off-street parking out front. Perfect property to acquire to add 26 doors to that portfolio in the emerging market of Ambridge where we are seeing revitalization up and down the town!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Gulla 724-933-6300,

    RE/MAX SELECT REALTY

    Bought with:

    Mark Gulla

    RE/MAX SELECT REALTY

    Source: WPMLS,MLS#: 1739462MLS LogoOriginating MLS: West Penn Multi-List

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 27
    • Bathrooms: 10
    Features
    • Has basement: Yes

    Property

    Parking
    • Total spaces: 26
    • Parking features: Off Street
    Lot
    • Size: 0.80 Acres
    • Dimensions: 277 x 54 x 143 x 220 x 144
    Details
    • Zoning: C
    • Zoning description: C

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • Year built: 1962

    Utilities & green energy

    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & neighborhood

    Location
    • Region: Ambridge

    Price history

    DateEventPrice
    3/26/2026Sold$1,700,000-2.9%
    Source: WPMLS #1739462 Report a problem
    3/26/2026Pending sale$1,750,000
    Source: WPMLS #1739462 Report a problem
    2/17/2026Contingent$1,750,000
    Source: WPMLS #1739462 Report a problem
    2/10/2026Listed for sale$1,750,000
    Source: WPMLS #1739462 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 15003

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Ambridge

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

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    An equal housing lender. NMLS #10287.