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For sale
  • $369,900

    323 Franklin St, Slippery Rock, PA 16057

    8beds
    --baths
    --sqft
    : 
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    Multi Family
    Built in 1900
    -- sqft lot
    $348,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Full kitchenPrivate off-street parkingCoin-operated laundry
    Turn-key college rental opportunity in the heart of Slippery Rock! This unique room-rental property has successfully operated for over a decade serving students attending Slippery Rock University. Located in a vibrant college town known for its walkable campus and strong student demand, this well-maintained property offers 8 individually rented bedrooms, each with different rental rates to maximize income potential. Each private room is fully furnished with a bed, dresser, desk, storage shelving, and personal refrigerator, providing students with a comfortable and convenient living space. Tenants share common areas including a full kitchen, coin-operated laundry, and two full bathrooms. The home also features auto-locking doors for added security and a cooperative household system where residents share chore responsibilities. Major mechanical updates include a newer high-efficiency furnace, updated hot water tank, and upgraded 200-amp electrical service, contributing to reliable and efficient operation. Outdoor amenities include a large spacious backyard, perfect for spring and summer enjoyment, along with picnic tables and patio chairs where students can relax or study outdoors. The property also offers private off-street parking for tenants, a valuable feature in a busy college area. Conveniently located near campus, local shops, dining, and community events that make Slippery Rock a thriving college town, conveniently across the street from Dollar General. This property presents a rare opportunity to own an established student housing investment with a long history of occupancy.
    126 days
    |
    222
    |
    4
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    Zillow last checked:

    Listing updated:

    Listed by:

    Francesca Ferrara 724-654-5589,

    CASTLE REALTY 724-654-5589

    Source: WPMLS,MLS#: 1742677MLS LogoOriginating MLS: West Penn Multi-List

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      Features
      • Basement: Walk-Out Access

      Property

      Parking
      • Parking features: Assigned, Off Street
      Lot
      • Size: 0.35 Acres
      • Dimensions: 0.3528
      Details
      • Parcel number: 510S2540000
      • Zoning: C-2
      • Zoning description: C-2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame
      • Roof: Slate
      Condition
      • Year built: 1900

      Utilities & green energy

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

      Community & HOA

      Location
      • Region: Slippery Rock

      Financial & listing details

      • Tax assessed value: $14,320
      • Annual tax amount: $2,298
      • Date on market: 3/7/2026
      • Electric utility on property: Yes

        Estimated market value

        $348,400

        $331,000 - $366,000

        $996/mo

        Price history

        DateEventPrice
        3/7/2026Listed for sale$369,900+12.1%
        Source: WPMLS #1742677 Report a problem
        2/6/2026Listing removed$329,900
        Source: BHHS broker feed #1697273 Report a problem
        4/19/2025Listed for sale$329,900-3%
        Source: WPMLS #1697273 Report a problem
        4/6/2025Listing removed$340,000
        Source: BHHS broker feed #1656573 Report a problem
        7/27/2024Price change$340,000-7.9%
        Source: WPMLS #1656573 Report a problem
        7/22/2024Price change$369,000-1.3%
        Source: WPMLS #1656573 Report a problem
        6/5/2024Listed for sale$374,000-4.1%
        Source: WPMLS #1656573 Report a problem
        5/8/2024Listing removed$389,900
        Source: BHHS broker feed #1630261 Report a problem
        10/26/2023Listed for sale$389,900+8.3%
        Source: WPMLS #1630254 Report a problem
        2/21/2023Listing removed--
        Source: BHHS broker feed Report a problem
        12/14/2021Price change$360,000-1.4%
        Source: WPMLS #1518311 Report a problem
        8/21/2021Listed for sale$365,000-1.3%
        Source: WPMLS #1518311 Report a problem
        1/25/2020Listing removed$369,900
        Source: Howard Hanna - Grove City #1384601 Report a problem
        3/14/2019Listed for sale$369,900
        Source: HOWARD HANNA GROVE CITY OFFICE #1384601 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,331 +1.4%$14,320
        2024$2,298 +2.4%$14,320
        2023$2,245 +3.3%$14,320
        2022$2,173 $14,320
        2021$2,173 $14,320
        2020$2,173 +52.1%$14,320
        2019$1,429 -33.4%$14,320
        2018$2,145 +188.1%$14,320
        2017$745 -4.5%$14,320
        2016$780 +168.6%$14,320
        2015$290 $14,320
        2014$290 $14,320
        2013$290 +5.1%$14,320
        2012$276 $14,320
        2011$276 $14,320
        2010$276 $14,320
        2009$276 +5%$14,320 +33.3%
        2008$263 +11.1%$10,741
        2007$237 -59.2%$10,741
        2005$580 -44.4%$10,741
        2004$1,043 +140.7%$10,741 +22.7%
        2003$433 +10%$8,753
        2002$394 +7.1%$8,753
        2000$368 +10.5%$8,753
        1999$333 $8,753
        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.
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        Climate risks

        Neighborhood: 16057

        Getting around

        63 / 100
        Somewhat Walkable
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Slippery Rock Area

        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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