115 Kiester Rd, Slippery Rock, PA 16057
Est: $2,207/moGet pre-approved

Description

Turn-key student housing opportunity directly across the street from Slippery Rock University! Situated on a double lot, this fully occupied 7-bedroom, 2-bath property offers an established student rental model. All 7 bedrooms are individually leased, and each comes furnished with a bed frame, mattress, desk and chair, and dresser — allowing for a truly turn-key transition for both investor and tenants. Improvements include central air, two sump pumps servicing the basement perimeter, a newer hot...Turn-key student housing opportunity directly across the street from Slippery Rock University! Situated on a double lot, this fully occupied 7-bedroom, 2-bath property offers an established student rental model. All 7 bedrooms are individually leased, and each comes furnished with a bed frame, mattress, desk and chair, and dresser — allowing for a truly turn-key transition for both investor and tenants. Improvements include central air, two sump pumps servicing the basement perimeter, a newer hot water tank, updated flooring throughout portions of the first and second floors and basement, a completely remodeled first-floor bathroom with new plumbing fixtures, tile and lighting, and a new sewage line to the street. Additional improvements include a newer washer, dryer, refrigerator and microwave, replacement exterior and screen doors, tree removal, and a 12x12 paver patio. Outside, the expansive double lot provides generous yard space, while private off-street parking accommodates approximately 8–10 vehicles — an exceptional amenity for student housing directly across from campus. With individual student leases, furnished bedrooms, extensive improvements and an unbeatable location, 115 Kiester presents a rare opportunity to acquire an established, turn-key student rental in the heart of Slippery Rock.
LISTING UPDATED: 08/20/2026 03:59 PM

  1. Listed by CROWN HOMES REAL ESTATE

Property Details for 115 Kiester Road

Status
MLS #
1770740
Days on Market
2
Taxes
$2,094 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Other
MLS Type
Multi-Unit / Other
Year Built
1927
Lot Size
0.27 AC / 11,761 SF
Zoning
R-2

Location

Listing Courtesy of CROWN HOMES REAL ESTATE
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Building Information for 115 Kiester Road

Stories-Residences7Year Built1927Lot Size0.27 AC / 11,761 SF

Payment Calculator

$2,207 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,033

Property Taxes

$175

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 115 Kiester Road

Summary
Location and General Information
  • City Name: Slippery Rock
  • Postal Code: 16057
  • County Or Parish: Butler
  • County M 360: Butler
  • State Or Province: Pennsylvania
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 510-S3-130-0000
  • Taxes: $2,094
School Information
  • School District: Slippery Rock Area
Parking
  • Parking Description: Off-Street Parking
Property
Lot Information
  • Acres: 0.27
  • Lot Size: 0.27
  • Type of Property: Other
  • Area: Slippery Rock Boro
  • Construction: Vinyl
Property and Assessments
  • Assessment Value: $11,840
  • Insurance: $2,027
  • Maintenance: $1,033
  • Year Built Numeric: 1927
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 38
Utilities
  • Utilities: $5,769
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: Walk-Up
Multi Family
Multi-Family Information
  • Num of Units: 7
  • Total Numof Units: 7
Income and Expenses
  • Gross Annual Income: $42,060
  • Gross Operating Income: $42,060
  • Net Operating Income: $29,493
  • Other Expenses: $1,641
Unit Information
Unit 1
  • Unit Full Baths 1: 2
  • UNIT Monthly Rent 1: 415
  • Unit Num Bedrooms 1: 1
Unit 2
  • UNIT Monthly Rent 2: 515
  • Unit Num Bedrooms 2: 1
Unit 3
  • UNIT Monthly Rent 3: 515
  • Unit Num Bedrooms 3: 1
Unit 4
  • UNIT Monthly Rent 4: 515
  • Unit Num Bedrooms 4: 1
Unit 5
  • UNIT Monthly Rent 5: 515
  • Unit Num Bedrooms 5: 1
Unit 6
  • UNIT Monthly Rent 6: 515
  • Unit Num Bedrooms 6: 1
Unit 7
  • UNIT Monthly Rent 7: 515
  • Unit Num Bedrooms 7: 1
Rental
Rental Information
  • Tenant Occupied: Yes

Property History for 115 Kiester Road

DateEvent & SourcePriceAppreciation
Aug 20, 2026

Listed (Active)

WPMLS #1770740

$399,900
Mar 11, 2022

Sold

WPMLS #1527918

$170,000
Feb 12, 2022

In Contract

WPMLS #1527918

DateEvent & SourcePrice
08/20/2026

Listed (Active)

WPMLS #1770740

$399,900
03/11/2022

Sold

WPMLS #1527918

$170,000
02/12/2022

In Contract

WPMLS #1527918

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 115 Kiester Road

Taxable ValueLand$2,730Additions$9,110Total$11,840
Tax Record2026$616 ($51 / month)
Home Facts
Beds3Baths1Total Finished SqFt1,680 SqFtAbove Grade Finished SqFt1,680 SqFtLot Size11,761 SqFtStyleSingle Family ResidenceYear Built1927CountyBUTLERAPN510 S3 1300000

Schools near 115 Kiester Road

This home is within Slippery Rock Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Slippery Rock Area El School
PublicK to 5

Slippery Rock Area Middle School
Public6 to 8

Slippery Rock Area High School
Public9 to 12

Moraine El School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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115 Kiester Road is for sale in Slippery Rock, PA 16057. This property was listed for sale on August 20, 2026 by CROWN HOMES REAL ESTATE, it's currently listed at $399,900. It has been on the market for a total of 2 days and was last sold on March 11, 2022. This listing's school district is Slippery Rock Area School District. Nearby schools include Slippery Rock Area El School, Slippery Rock Area Middle School and Slippery Rock Area High School. 115 Kiester Road is a 0-bed, 0-bath built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CROWN HOMES REAL ESTATE

The information is being provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 08/20/2026 03:59 PM