Check out this investment property. Set up as a Triplex, Huge rooms very spacious, Off-street parking available. Bring your tool belt and start bringing this gem back to life. This majestic home overlooks the Allegheny river. Great potential for income. BEING SOLD AS IS, CASH ONLY, ENTER AT YOUR OWN RISK!
Sold for $24,000
$24,000
16 Colbert Ave, Oil City, PA 16301
7beds
3baths
4,342sqft
MultiFamily
Built in 1894
-- sqft lot
$25,000 Zestimate®
$6/sqft
$1,018 Estimated rent
Home value
$25,000
Estimated sales range
Not available
$1,018/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Brian Kurtich 814-758-4023,
1st Rate Realty, LLC
Bought with:
Brian Kurtich, RS334683
1st Rate Realty, LLC
Source: Allegheny Valley BOR,MLS#: 161465
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Heating
- Other
Cooling
- None
Features
- Flooring: Wood
- Basement: Full
Interior area
- Total structure area: 4,342
- Total interior livable area: 4,342 sqft
Property
Parking
- Total spaces: 3
Features
- Stories: 3
- Patio & porch: Deck, Porch
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: River Front, Waterfront
Lot
- Size: 10,454 Square Feet
- Dimensions: 74 x 142
Details
- Parcel number: 16037105000
- Zoning: R-2
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame, Wood Siding
- Roof: Composition
Condition
- Year built: 1894
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Location
- Region: Oil City
Financial & listing details
- Price per square foot: $6/sqft
- Tax assessed value: $37,700
- Annual tax amount: $1,245
- Date on market: 10/7/2025
- Total actual rent: 2950
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2025 | Sold | $24,000-20%$6/sqft |
Source: Public Record Report a problem | ||
| 6/4/2025 | Contingent | $30,000$7/sqft |
Source: Allegheny Valley BOR #161464 Report a problem | ||
| 5/31/2025 | Listed for sale | $30,000$7/sqft |
Source: Allegheny Valley BOR #161464 Report a problem | ||
| 5/24/2025 | Contingent | $30,000$7/sqft |
Source: Allegheny Valley BOR #161464 Report a problem | ||
| 5/21/2025 | Listed for sale | $30,000$7/sqft |
Source: Allegheny Valley BOR #161464 Report a problem | ||
| 5/14/2025 | Contingent | $30,000$7/sqft |
Source: Allegheny Valley BOR #161465 Report a problem | ||
| 5/9/2025 | Listed for sale | $30,000$7/sqft |
Source: Allegheny Valley BOR #161464 Report a problem | ||
| 5/6/2025 | Contingent | $30,000$7/sqft |
Source: Allegheny Valley BOR #161464 Report a problem | ||
| 5/2/2025 | Listed for sale | $30,000+100%$7/sqft |
Source: Allegheny Valley BOR #161464 Report a problem | ||
| 1/17/2024 | Sold | $15,000-49.8%$3/sqft |
Source: Allegheny Valley BOR #158202 Report a problem | ||
| 8/7/2023 | Listed for sale | $29,900+86.9%$7/sqft |
Source: Allegheny Valley BOR #158202 Report a problem | ||
| 11/9/2007 | Sold | $16,000+245.8%$4/sqft |
Source: Public Record Report a problem | ||
| 4/10/2007 | Sold | $4,627$1/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,404 +9.2% | $37,700 +4.6% |
| 2024 | $1,286 +3.3% | $36,050 |
| 2023 | $1,245 -4.4% | $36,050 -4.4% |
| 2022 | $1,302 | $37,700 |
| 2021 | $1,302 | $37,700 |
| 2020 | $1,302 | $37,700 |
| 2018 | $1,302 | $37,700 |
| 2017 | -- | $37,700 |
| 2016 | -- | $37,700 |
| 2015 | -- | $37,700 |
| 2014 | -- | $37,700 |
| 2013 | -- | $37,700 |
| 2012 | -- | $37,700 |
| 2011 | -- | $37,700 |
| 2010 | -- | $37,700 |
| 2009 | -- | $37,700 |
| 2008 | -- | $37,700 |
| 2007 | -- | $37,700 |
| 2006 | -- | $37,700 |
| 2005 | -- | $37,700 |
| 2004 | -- | $37,700 +43.5% |
| 2003 | -- | $26,280 |
| 2002 | -- | $26,280 |
| 2000 | -- | $26,280 |
Find assessor info on the county website
Neighborhood: 16301
Nearby homes
- $20,0004 bd2 ba1.8k sqft14 Colbert Ave, Oil City, PA 16301Sold
- $31,3003 bd1 ba1.2k sqft18 Colbert Ave, Oil City, PA 16301Off Market
- $470-- bd-- ba-- sqft12 1/2 Colbert Ave, Oil City, PA 16301Off Market
- $33,2303 bd1 ba1.5k sqft12 Colbert Ave, Oil City, PA 16301Off Market
- $14,7002 bd1 ba1k sqft19 Colbert Ave, Oil City, PA 16301Off Market
- $340-- bd-- ba-- sqftDiamond Aly, Oil city, PA 16301Off Market
- $103,1003 bd1 ba1.6k sqft25 Graff St, Oil City, PA 16301Off Market
- $500-- bd-- ba-- sqftColbert Ave, Oil city, PA 16301Off Market
Nearby schools
GreatSchools rating
- 6/10Oil City Area Middle SchoolGrades: 5-8Distance: 1 mi
- 3/10Oil City Senior High SchoolGrades: 9-12Distance: 1 mi
- 6/10Hasson Heights SchoolGrades: K-4Distance: 1.2 mi
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.
- Pennsylvania
- Venango County
- Oil City
- 16301
- 16 Colbert Ave
