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For sale
    • Price cut: $3K (7/9)
    $59,000

    1401 State Route 227, Oil City, PA 16301

    4beds
    2baths
    2,483sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $24/sqft
    $-- HOA

    What's special

    Don't miss this fully occupied duplex offering immediate rental income. This property features two units—each with 2 bedrooms and 1 full bathroom—currently leased to long-term tenants, providing steady cash flow from day one. Tenants pay all utilities, maximizing your return and minimizing owner expenses. The lower unit is HUD-approved, adding additional flexibility and appeal for investors. Sitting on over half acre, with plenty of parking for the tenants.
    89 days
    |
    674
    |
    31
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Kurtich 814-758-4023,

    1st Rate Realty, LLC 814-432-2900

    Source: Allegheny Valley BOR,MLS#: 163780

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • None
      Features
      • Basement: Partial
      Interior area
      • Total structure area: 2,483
      • Total interior livable area: 2,483 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      Features
      • Stories: 2
      Lot
      • Size: 0.51 Acres
      Details
      • Parcel number: 07023039000
      • Zoning: R

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • Vinyl Siding
      • Roof: Composition
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Location
      • Region: Oil City

      Financial & listing details

      • Price per square foot: $24/sqft
      • Tax assessed value: $26,570
      • Annual tax amount: $728
      • Date on market: 4/28/2026
      • Total actual rent: 905

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $904/mo

        Price history

        DateEventPrice
        7/9/2026Price change$59,000-4.8%$24/sqft
        Source: Allegheny Valley BOR #163780 Report a problem
        6/23/2026Price change$62,000-4.6%$25/sqft
        Source: Allegheny Valley BOR #163780 Report a problem
        4/28/2026Listed for sale$65,000-7%$26/sqft
        Source: Allegheny Valley BOR #163780 Report a problem
        9/23/2024Listing removed--
        Source: Owner Report a problem
        7/6/2024Listed for sale$69,900+74.8%$28/sqft
        Source: Owner Report a problem
        5/24/2023Sold$40,000-7%$16/sqft
        Source: Public Record Report a problem
        4/18/2023Pending sale$43,000$17/sqft
        Source: Allegheny Valley BOR #157489 Report a problem
        2/9/2023Listed for sale$43,000+48.3%$17/sqft
        Source: Allegheny Valley BOR #157489 Report a problem
        5/8/2008Sold$29,000$12/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$740 +1.8%$26,570
        2024$727 +4.3%$26,570
        2023$696 +61.7%$26,570
        2022$431 -38.2%$26,570
        2021$696 $26,570
        2020$696 $26,570
        2018$696 $26,570
        2017-- $26,570
        2016-- $26,570
        2015-- $26,570
        2014-- $26,570
        2013-- $26,570
        2012-- $26,570
        2011-- $26,570
        2010-- $26,570
        2009-- $26,570
        2008-- $26,570
        2007-- $26,570
        2006-- $26,570
        2005-- $26,570
        2004-- $26,570 -3.6%
        2003-- $27,560
        2002-- $27,560
        2000-- $27,560
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 16301

        Getting around

        9 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        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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