For sale

Price cut: $26K (8/20)

$249,000

216 E Pike St, Houston, PA 15342

5beds

5baths

--sqft

$1,824/mo

Get pre-qualified

Multi Family

Built in 1917

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Updated electricalNew appliancesBath updates

Great investment opportunity with this 5 unit rental. 3 units are currently tenant-occupied, generating income from day one. Many improvements have been made to the units including new appliances, bath updates, painting, etc. All 5 units have updated electrical and are separately metered. The 2 vacant units still need finished before they are ready to market, once leased should increase monthly income by 50%. Tenants pay all utilities besides trash. Located on the Washington County Freedom Transit County Line Bus routes. Current Cap Rate of almost 7%, potential cap rate fully leased at market rates is 11.25%

269 days
189
10

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5

Property

Lot

Size: 6,751 Square Feet
Dimensions: 0.155

Details

Parcel number: 3600080002000900
Zoning: C
Zoning description: C

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

Year built: 1917

Utilities & green energy

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

Community & HOA

Community

Features: Public Transportation

Location

Region: Houston

Financial & listing details

Tax assessed value: $109,500
Annual tax amount: $4,082
Date on market: 1/16/2026
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$1,634/mo

Price history

Date	Event	Price
8/20/2026	Price change	$249,000-9.5%
Source: WPMLS #1727127 Report a problem
3/20/2026	Price change	$275,000-8%
Source: WPMLS #1727127 Report a problem
1/16/2026	Listed for sale	$299,000-8%
Source: WPMLS #1727127 Report a problem
12/8/2025	Listing removed	$325,000
Source: WPMLS #1727127 Report a problem
10/25/2025	Listed for sale	$325,000+664.7%
Source: WPMLS #1727127 Report a problem
10/26/2023	Sold	$42,500-84.2%
Source: WPMLS #1624800 Report a problem
10/4/2023	Pending sale	$269,000
Source: BHHS broker feed #1624800 Report a problem
10/4/2023	Contingent	$269,000
Source: WPMLS #1624800 Report a problem
9/24/2023	Listed for sale	$269,000
Source: WPMLS #1624800 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$2,197 +8.2%	$109,500
2025	$2,030 +0.7%	$109,500
2024	$2,017	$109,500
2023	$2,017	$109,500
2022	$2,017	$109,500
2021	$2,017 +5.1%	$109,500
2020	$1,919 +621.2%	$109,500
2018	$266 +1335.2%	$109,500
2017	$19 -95.7%	$109,500 +633.9%
2016	$433	$14,921
2015	$433 +16.4%	$14,921
2014	$372	$14,921
2013	$372	$14,921
2012	--	$14,921
2011	--	$14,921
2010	--	$14,921
2009	--	$14,921
2008	--	$14,921
2007	--	$14,921
2006	--	$14,921
2005	--	$14,921
2004	--	$14,921
2003	--	$14,921
2002	--	$14,921
2000	--	$14,921