Now available in the heart of Clairton, this exceptional mixed-use investment opportunity offers the perfect combination of stable cash flow, recent capital improvements, and long-term upside. Situated at 502 Walnut Avenue, this well-maintained five-unit property features one commercial storefront and four residential apartments, providing diversified income streams and reducing overall investment risk. The property has been thoughtfully maintained with numerous major updates already completed, including a newer roof, upgraded mechanical systems, replacement of the exterior sewer line, and updated windows. These significant improvements help minimize future capital expenditures while providing peace of mind for the next owner. Inside, abundant natural light fills both the residential and commercial spaces, creating bright, inviting interiors that appeal to tenants and business occupants alike. Positioned in a highly visible location within Clairton's business district, the property benefits from convenient access to local amenities, major roadways, and the surrounding communities. The commercial storefront enjoys excellent street presence, while the residential units continue to provide reliable rental demand, making this an ideal asset for investors seeking a balanced mix of commercial and residential income. Whether you're looking to expand your portfolio, complete a 1031 exchange, or acquire a cash-flowing asset with value-add potential, 502 Walnut Avenue checks all the boxes. With strong fundamentals, meaningful recent improvements, and multiple revenue sources, this is a turnkey investment offering immediate income today with the opportunity for continued appreciation and future growth.
Under contract
Price cut: $32K (7/27)
$248,000
502 Walnut Ave, Clairton, PA 15025
8beds
5baths
--sqft
Quadruplex, Multi Family, Multi Family
Built in ----
-- sqft lot
$237,500 Zestimate®
$--/sqft
$-- HOA
What's special
Bright inviting interiorsAbundant natural lightUpdated windowsNewer roof
- 58 days
- 46
- 0
Zillow last checked:
Listing updated:
Listed by:
Justin Riapos 412-361-0194,
LIFESPACE REAL ESTATE 412-361-0194
Source: WPMLS,MLS#: 1764076
Originating MLS: West Penn Multi-List
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Features
- Basement: Full
Property
Parking
- Total spaces: 6
- Parking features: Off Street
Lot
- Size: 0.36 Acres
- Dimensions: .3587
Details
- Zoning: Comm
- Zoning description: Comm
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Frame
- Roof: Asphalt
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Location
- Region: Clairton
Financial & listing details
- Tax assessed value: $80,400
- Annual tax amount: $4,087
- Date on market: 7/9/2026
- Electric utility on property: Yes
Estimated market value
$237,500
$226,000 - $249,000
$1,123/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2026 | Pending sale | $248,000 |
Source: | ||
| 7/27/2026 | Price change | $248,000-11.4% |
Source: | ||
| 7/9/2026 | Listed for sale | $279,999-12.5% |
Source: | ||
| 7/8/2026 | Listing removed | $320,000 |
Source: | ||
| 5/28/2026 | Price change | $320,000-7.2% |
Source: | ||
| 5/20/2026 | Price change | $345,000-1.4% |
Source: | ||
| 5/5/2026 | Price change | $350,000-2.8% |
Source: | ||
| 4/21/2026 | Price change | $360,000-1.4% |
Source: | ||
| 3/20/2026 | Listed for sale | $365,000 |
Source: | ||
| 2/10/2026 | Contingent | $365,000 |
Source: | ||
| 1/30/2026 | Price change | $365,000-3.9% |
Source: | ||
| 1/16/2026 | Price change | $380,000-7.3% |
Source: | ||
| 1/6/2026 | Listed for sale | $410,000+39.5% |
Source: | ||
| 10/18/2023 | Listing removed | -- |
Source: | ||
| 8/13/2023 | Listed for sale | $294,000+25.1% |
Source: | ||
| 7/14/2023 | Listing removed | -- |
Source: | ||
| 5/9/2023 | Listed for sale | $235,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment





