NEW METAL ROOF COMING OCTOBER!!
FOR SALE BY OWNER – COMMERCIAL & RESIDENTIAL DUPLEX
538-540 Water Street, Indiana Boro, PA
Asking Price: $124,900
Contact phone listed below. Also listed on signs outside property. (Serious inquiries only)
Live, Work, or Invest!
This versatile duplex located in the heart of Indiana Boro offers both residential and commercial potential.
Whether you’re looking to run a business, generate rental income, or occupy one side and rent the other—this property has options!
Property Features:
• 2 units (Side-by-side)
• 2 Bedrooms / 1 Bath per unit
• Large eat-in kitchens
• Spacious living rooms
• Right unit features separate kitchen & formal dining room
• Full basement accessible from both units with washer/dryer hookups
• All appliances included (excluding washer & dryer)
• 5 off-street parking spaces
NEW METAL ROOF COMING!
This is an excellent opportunity to own a mixed-use property in a desirable location. Perfect for an investor, small business owner, or homeowner looking for additional rental income.
Call to schedule a showing.
Serious inquiries only, please.
**Not interested in listing with a realtor at this time."
Sold for $130,000
$130,000
538-540 Water St, Indiana, PA 15701
4beds
1,940sqft
SingleFamily
Built in 1912
6,098 Square Feet Lot
$159,500 Zestimate®
$67/sqft
$-- Estimated rent
Home value
$159,500
$134,000 - $183,000
Not available
Zestimate® history
Owner options
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$926/mo
Est. payment
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$926/mo
Est. payment
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List your homeWhat's special
Large eat-in kitchens
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas
Cooling
- None
Features
- Basement: Unfinished
Interior area
- Total interior livable area: 1,940 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Wood
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: 2200211500000
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1912
Community & HOA
Location
- Region: Indiana
Financial & listing details
- Price per square foot: $67/sqft
- Tax assessed value: $87,100
- Annual tax amount: $2,627
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Sold | $130,000+4.1%$67/sqft |
Source: Public Record Report a problem | ||
| 11/27/2025 | Pending sale | $124,900$64/sqft |
Source: Owner Report a problem | ||
| 9/3/2025 | Listed for sale | $124,900$64/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,627 +4.9% | $87,100 |
| 2024 | $2,505 +7.6% | $87,100 |
| 2023 | $2,329 +1.7% | $87,100 |
| 2022 | $2,290 | $87,100 |
| 2021 | $2,290 +1.8% | $87,100 |
| 2020 | $2,250 | $87,100 |
| 2019 | $2,250 +1.6% | $87,100 |
| 2018 | $2,215 +3.3% | $87,100 |
| 2017 | $2,143 | $87,100 |
| 2016 | -- | $87,100 +440.7% |
| 2015 | -- | $16,110 |
| 2014 | -- | $16,110 |
| 2013 | -- | $16,110 |
| 2012 | -- | $16,110 |
| 2011 | -- | $16,110 |
| 2010 | -- | $16,110 |
| 2009 | -- | $16,110 |
| 2008 | -- | $16,110 |
| 2007 | -- | $16,110 |
| 2006 | -- | $16,110 +42.9% |
| 2005 | -- | $11,270 |
| 2004 | -- | $11,270 |
| 2003 | -- | $11,270 |
| 2002 | -- | $11,270 |
| 2000 | -- | $11,270 |
Find assessor info on the county website
Neighborhood: 15701
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Nearby schools
GreatSchools rating
- 8/10Horace Mann El SchoolGrades: 4-5Distance: 0.3 mi
- 8/10Indiana Area Junior High SchoolGrades: 6-8Distance: 0.2 mi
- 8/10Indiana Area Senior High SchoolGrades: 9-12Distance: 0.5 mi
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- Pennsylvania
- Indiana County
- Indiana
- 15701
- 538-540 Water St