Sold
Last Sold Price

3885 Morefield Rd, Hermitage, PA 16148

OtherProperty Type
4.03 acresLot Size
1969Year Built
28 carsParking Spaces

Description

28 Units, fully occupied in a great location in Hermitage. Well Maintained over the years with original owner. Owner is retiring. There is an onsite manager. Front 3 buildings are 6 units each & have 2 Bedrooms with Basements. There are 2 Rear buildings, a 6 unit 1 story building consisting of 1 bedroom units and a 4 unit 2 story building with each being 2 bedrooms.28 Units, fully occupied in a great location in Hermitage. Well Maintained over the years with original owner. Owner is retiring. There is an onsite manager. Front 3 buildings are 6 units each & have 2 Bedrooms with Basements. There are 2 Rear buildings, a 6 unit 1 story building consisting of 1 bedroom units and a 4 unit 2 story building with each being 2 bedrooms.
  • Listed by: • ERA JOHNSON REAL ESTATE INC.
Listing closed: 11/30/2018 12:00 AM • Source: WPMLS, MLS#: 1360216
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Recent comparable sales

Median sold price

$898,000

Avg days on market

50

Sale-to-list ratio

81.9%

Hermitage, PA

9 comparable properties found

1

$888,250

Sold 03/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.02
Acres
2

$1,066,500

Sold 05/04/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.11
Acres
a front view of a house with a yard
1/2
3

$898,000

Sold 12/10/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
19.5
Acres
a sign that is on the wall of a building
1/8
4

$145,000

Sold 04/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
8.78
Acres
5

$1,260,000

Sold 10/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.66
Acres
6

$1,000,000

Sold 08/06/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.89
Acres
$110,000 | 2179 Woodbine Drive, Hermitage, PA 16148
1/12
7

$110,000

Sold 08/17/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.18
Acres
8

$1,000,000

Sold 03/25/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4.91
Acres
$306,000 | 0 West River Road, Hermitage, PA 16148
1/14
9

$306,000

Sold 08/31/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
68.08
Acres

Location

Listing Courtesy of ERA JOHNSON REAL ESTATE INC.

Sold By HOWARD HANNA SHENANGO VALLEY OFFICE

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$7,948 per month

30 year fixed, 7.03% Interest

Principal and Interest

$5,872

Property Taxes

$2,076

HOA Dues

$0

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Property Information for 3885 Morefield Road

Property Details

  • Taxes: $24,909 / year
  • MLS Type: Multi-Unit / Other
  • Parking Spaces: 28
  • Zoning: R2100

Building Information

  • Residences: 28
  • Year Built: 1969
  • Lot Size: 4.03 AC / 175,546 SF

Summary

Location and General Information
  • City Name: Hermitage
  • Postal Code: 16148
  • County Or Parish: Mercer
  • County M 360: Mercer
  • State Or Province: Pennsylvania
  • Directions: North Side of Morefield Rd. Between S. Keelridge Rd. and Lexington.
  • Public Transportation: Yes
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 12-159-134
  • Taxes: $24,909
School Information
  • School District: Hermitage
  • School Transportation: Yes
Parking
  • Parking Description: Covered Parking

Property

Lot Information
  • Acres: 4.03
  • Lot Size: 360x482
  • Type of Property: Other
  • Area: Hermitage
  • Construction: Brick
Property and Assessments
  • Assessment Value: $278,000
  • Insurance: $8,953
  • Maintenance: $42,939
  • Year Built Numeric: 1969
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 5
Utilities
  • Utilities: $25,013
  • Utilities Available: Electricity, Gas, Sewer, Water

Interior and Exterior Features

Exterior Features
  • Roof: Asphalt
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: Front
  • Insulation: Yes
  • Insulation Type: Fiberglass

Multi Family

Multi-Family Information
  • Num of Units: 3
  • Total Numof Units: 28
Income and Expenses
  • Gross Annual Income: $185,080
  • Gross Operating Income: $151,218
  • Net Operating Income: $69,452
  • Other Expenses: $9,846

Unit Information

Unit 1
  • Unit Full Baths 1: 1
  • UNIT Monthly Rent 1: 450-475
  • Unit Num Bedrooms 1: 2
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 420-450
  • Unit Num Bedrooms 2: 1
Unit 3
  • Unit Full Baths 3: 1
  • UNIT Monthly Rent 3: 640-680
  • Unit Num Bedrooms 3: 2

Rental

Rental Information
  • Tenant Occupied: Yes

Property History for 3885 Morefield Road

DateEvent & SourcePriceAppreciation
Nov 30, 2018

Sold

WPMLS #1360216

$1,100,000—
Sep 14, 2018

Pending

WPMLS #1360216

—
Sep 12, 2018

Listed (Active)

WPMLS #1360216

$1,200,000—
DateEvent & SourcePrice
11/30/2018

Sold

WPMLS #1360216

$1,100,000
09/14/2018

Pending

WPMLS #1360216

—
09/12/2018

Listed (Active)

WPMLS #1360216

$1,200,000

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

Public records

3885 Morefield Road

Style

Miscellaneous Commercial

County

MERCER

APN

12 159 134

Schools near 3885 Morefield Road

This home is within Hermitage School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 5
Public - 6 to 7
Public - 8 to 12
Rating
School
Distance
Artman El School
PublicK to 3

Karen A. Ionta El School
Public4 to 5

Delahunty Middle School
Public6 to 7

Hickory High School
Public8 to 12

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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Nearby home values

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 ERA JOHNSON REAL ESTATE INC.

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: 12/04/2018 01:43 PM