121 Locust St

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Properties like this do not come around often. Exceptional opportunity to acquire a well-maintained 26-unit multifamily building offering immediate income and long-term stability. This solid 100% all-brick property features a desirable unit mix of spacious 2- and 3-bedroom apartments, attracting strong tenant demand and consistent occupancy. The property has been thoughtfully updated, with many units renovated to include modern finishes, updated kitchens and baths, new flooring and improved mechanical...Properties like this do not come around often. Exceptional opportunity to acquire a well-maintained 26-unit multifamily building offering immediate income and long-term stability. This solid 100% all-brick property features a desirable unit mix of spacious 2- and 3-bedroom apartments, attracting strong tenant demand and consistent occupancy. The property has been thoughtfully updated, with many units renovated to include modern finishes, updated kitchens and baths, new flooring and improved mechanical systems if needed. The building has been professionally maintained and cared for, resulting in a true turnkey investment with reliable performance. Tenants appreciate the larger floor plans, making the property especially attractive to long-term renters and families — a major factor in minimizing turnover and vacancy. The building is divided in two - both 111 & 121 have 13 units, a laundry room with coin-op for additional income, storage lockers, maintenance rooms. There is a playground and yard space are in the back and plenty of off-street parking out front. Perfect property to acquire to add 26 doors to that portfolio in the emerging market of Ambridge where we are seeing revitalization up and down the town!
  1. Listed by RE/MAX SELECT REALTY

Property Details for 121 Locust Street

Parking Spaces
26
Zoning
C
LISTING UPDATED: 02/11/2026 09:45 AM

Property Details for 121 Locust Street

StatusActive
MLS #1739462
Days on Market3
Taxes$20,839 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeMulti-Unit / Other
Year Built1962
Lot Size0.80 AC / 34,848 SF
CountyBeaver County

Location

Listing Courtesy of RE/MAX SELECT REALTY
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Building Information for 121 Locust Street

Stories-Residences26Year Built1962Lot Size0.80 AC / 34,848 SF

Payment Calculator

$10,266 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,529

Property Taxes

$1,737

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 121 Locust Street

Summary
Location and General Information
  • City Name: Ambridge
  • Postal Code: 15003
  • County Or Parish: Beaver
  • County M 360: Beaver
  • State Or Province: Pennsylvania
  • Directions: From 65, R on 4th, R on Locust, building on R
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 09-005-0608.000
  • Taxes: $20,839
School Information
  • School District: Ambridge
Parking
  • Parking Description: Off-Street Parking
Property
Lot Information
  • Acres: 0.8
  • Lot Size: 277x54x143x220x144
  • Type of Property: Other
  • Area: Ambridge
  • Construction: Brick
Property and Assessments
  • Assessment Value: $901,400
  • Insurance: $1,629
  • Year Built Numeric: 1962
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 38
Utilities
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Asphalt
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
Multi Family
Multi-Family Information
  • Num of Units: 10
  • Total Numof Units: 26
Unit Information
Unit 1
  • Unit Full Baths 1: 1
  • UNIT Monthly Rent 1: 795
  • Unit Num Bedrooms 1: 3
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 1000
  • Unit Num Bedrooms 2: 2
Unit 3
  • Unit Full Baths 3: 1
  • UNIT Monthly Rent 3: 715
  • Unit Num Bedrooms 3: 3
Unit 4
  • Unit Full Baths 4: 1
  • UNIT Monthly Rent 4: 915
  • Unit Num Bedrooms 4: 3
Unit 5
  • Unit Full Baths 5: 1
  • UNIT Monthly Rent 5: 766
  • Unit Num Bedrooms 5: 2
Unit 6
  • Unit Full Baths 6: 1
  • UNIT Monthly Rent 6: 1100
  • Unit Num Bedrooms 6: 3
Unit 7
  • Unit Full Baths 7: 1
  • UNIT Monthly Rent 7: 875
  • Unit Num Bedrooms 7: 3
Unit 8
  • Unit Full Baths 8: 1
  • UNIT Monthly Rent 8: 733
  • Unit Num Bedrooms 8: 3
Unit 9
  • Unit Full Baths 9: 1
  • UNIT Monthly Rent 9: 1050
  • Unit Num Bedrooms 9: 3
Unit 10
  • Unit Full Baths 10: 1
  • UNIT Monthly Rent 10: 1000
  • Unit Num Bedrooms 10: 2
Rental
Rental Information
  • Tenant Occupied: Yes

Property History for 121 Locust Street

DateEvent & SourcePriceAppreciation
Feb 9, 2026

Listed (Active)

WPMLS #1739462

$1,750,000
Jun 26, 2019

Expired

WPMLS #1338408

May 11, 2019

In Contract

WPMLS #1338408

May 11, 2019

Temporarily Off Market

WPMLS #1338408

May 11, 2019

Pending

WPMLS #1338408

Dec 4, 2018

Price Change

WPMLS #1338408

$1,175,000
May 18, 2018

Listed (Active)

WPMLS #1338408

$1,390,000
DateEvent & SourcePrice
02/09/2026

Listed (Active)

WPMLS #1739462

$1,750,000
06/26/2019

Expired

WPMLS #1338408

05/11/2019

In Contract

WPMLS #1338408

05/11/2019

Temporarily Off Market

WPMLS #1338408

05/11/2019

Pending

WPMLS #1338408

12/04/2018

Price Change

WPMLS #1338408

$1,175,000
05/18/2018

Listed (Active)

WPMLS #1338408

$1,390,000

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

Public Records for 121 Locust Street

Taxable ValueLand$13,200Additions$437,500Total$450,700
Tax Record2025$10,419 ($868 / month)
Home Facts
Total Finished SqFt15,880 SqFtAbove Grade Finished SqFt14,116 SqFtFinished Basement SqFt1,764 SqFtStories3Lot Size34,848 SqFtStyleMulti-Family Res (5+ Units)Year Built1962CountyBEAVERAPN09-005-0608.000

Schools near 121 Locust Street

This home is within Ambridge Area School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Highland El School
PublicPK to 5

Ambridge Area Junior High School
Public6 to 8

Ambridge Area High School
Public9 to 12

State Street Elementary School
PublicPK 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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121 Locust Street is for sale in Ambridge, PA 15003. This property was listed for sale on February 9, 2026 by RE/MAX SELECT REALTY, it's currently listed at $1,750,000. This listing's school district is Ambridge Area School District. Nearby schools include Highland El School, Ambridge Area Junior High School and Ambridge Area High School. 121 Locust Street is a 0-bed, 0-bath, built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX SELECT REALTY

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: 02/11/2026 09:45 AM