464 Reed Avenue

Sold 12/4/24

Sold

Last Sold Price

$161,000

464 Reed Ave, Monessen, PA 15062

Multi FamilyProperty Type

5,998 sq ftLot Size

9999Year Built

Description

Discover the perfect blend of comfort, convenience, and investment potential with this newly renovated tri-plex Seasoned investor or just starting your portfolio, this property offers a fantastic chance to live and earn simultaneously Unit 1: 2-bedroom unit w/fireplace and laundry Unit 2: 2 bed, large rooms computer nook Unit 3: 1-bedroom unit featuring first-floor access and an all-new bathroom. Perfect for anyone seeking modern comforts with easy accessibility. Each unit is independently metered...Discover the perfect blend of comfort, convenience, and investment potential with this newly renovated tri-plex Seasoned investor or just starting your portfolio, this property offers a fantastic chance to live and earn simultaneously Unit 1: 2-bedroom unit w/fireplace and laundry Unit 2: 2 bed, large rooms computer nook Unit 3: 1-bedroom unit featuring first-floor access and an all-new bathroom. Perfect for anyone seeking modern comforts with easy accessibility. Each unit is independently metered for electric, gas, and water, ensuring seamless management and billing. The property boasts a large backyard, providing a perfect space for outdoor gatherings, gardening, or simply relaxing in the open air. Whether you're looking to live in one unit and rent out the others or rent all three, this tri-plex offers flexibility and potential for steady income. Don't miss out on this fantastic opportunity to invest in a property that promises both immediate comfort and long-term gains.

Listing closed: 12/04/2024 12:00 AM • Source: WPMLS, MLS#: 1663726

Recent comparable sales

Median sold price

$135,000

Avg days on market

Sale-to-list ratio

68.1%

1/13

$30,000

Sold 05/15/26

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 0.10
Acres

643 Reed Avenue, Monessen, PA 15062

1/14

$24,750

Sold 10/25/24

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 0.05
Acres

400 9th Street, Monessen, PA 15062

1/51

$135,000

Sold 02/13/26

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 0.11
Acres

559 Schoonmaker Avenue, Monessen, PA 15062

$170,172

Sold 12/23/24

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 0.05
Acres

221 Parente Boulevard, Monessen, PA 15062

$135,000

Sold 02/12/26

Unavailable
Bedrooms: Unavailable
Bathrooms: 8,774
Square Feet: 0.11
Acres

559 East Schoonmaker Avenue, Monessen, PA 15062

$135,000

Sold 02/18/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 2,523
Square Feet: 0.76
Acres

1600 Grand Boulevard, Monessen, PA 15062

$100,000

Sold 01/21/25

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 0.88
Acres

4 Parente Boulevard, Monessen, PA 15062

$4,000

Sold 05/13/25

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 0.05
Acres

269 Schoonmaker Avenue, Monessen, PA 15062

$841,295

Sold 05/03/25

Unavailable
Bedrooms: Unavailable
Bathrooms: Unavailable
Square Feet: 0.56
Acres

901 Donner Avenue, Monessen, PA 15062

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Location

Listing Courtesy of EXP REALTY LLC

Sold By EXP REALTY LLC

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$1,005 per month

30 year fixed, 6.55% Interest

Principal and Interest

$818

Property Taxes

$186

HOA Dues

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Property Information for 464 Reed Avenue

Property Details

Taxes: $2,234 / year
MLS Type: Multi-Unit / Triplex
County: Westmoreland County
Zoning: Res

Building Information

Residences: 3
Year Built: 9999
Lot Size: 0.14 AC / 5,998 SF

Summary

Location and General Information

City Name: Monessen
Postal Code: 15062

County Or Parish: Westmoreland
County M 360: Westmoreland
State Or Province: Pennsylvania
Directions: GPS
Public Transportation: Yes

Taxes and HOA Information

Map Num Block Num Lot Num Info: 20-02-03-0-399
Taxes: $2,234

School Information

School District: Monessen City
School Transportation: Yes

Parking

Parking Description: On-Street Parking

Virtual Tour

Tour URL Branded: https://www.propertypanorama.com/instaview-tour/wpn/1663726

Property

Lot Information

Acres: 0.1377
Lot Size: 0.1377

Type of Property: Triplex
Area: Monessen
Construction: Frame

Property and Assessments

Assessment Value: $18,610
Year Built Numeric: 9999

Disclaimer: Information Deemed Reliable, But Not Guaranteed
Photo Count: 37

Utilities

Utilities Available: Electricity, Gas, Sewer, Water

Interior and Exterior Features

Exterior Features

Roof: Asphalt

Interior Features

Baths Total: 0.0
Basement: Yes

Basement Description: walk in

Multi Family

Multi-Family Information

Num of Units: 1
Total Numof Units: 3

Income and Expenses

Gross Annual Income: $42,120

Unit Information

Unit 1

Unit Full Baths 1: 3
Unit Num Bedrooms 1: 5

Rental

Rental Information

Tenant Occupied: No

Property History for 464 Reed Avenue

Date	Event & Source	Price	Appreciation
Dec 5, 2024	Sold (Public Record) Public Record #1546348456	$161,000	—
Dec 5, 2024	Sold (Public Record) Public Record #1546348456	$161,000	+5.6% / yr
Dec 4, 2024	Sold WPMLS #1664197	$161,000	—
Dec 4, 2024	Sold WPMLS #1663726	$161,000	—
Nov 25, 2024	Pending WPMLS #1664197		—
Nov 25, 2024	Pending WPMLS #1663726		—
Aug 13, 2024	In Contract WPMLS #1664197		—
Aug 13, 2024	In Contract WPMLS #1663726		—
Jul 23, 2024	Listed (Active) WPMLS #1664197	$180,000	—
Jul 19, 2024	Listed (Active) WPMLS #1663726	$180,000	—
Oct 9, 2018	Sold (Public Record) Public Record #634594687	$114,823	+15.1% / yr
Apr 1, 2011	Sold WPMLS #814405	$39,900	—
Mar 31, 2011	Sold (Public Record) Public Record #307122422	$39,900	+26.2% / yr
Mar 7, 2011	Pending WPMLS #814405		—
Mar 16, 2010	Listed (Active) WPMLS #814405	$39,900	—
Aug 10, 2004	Sold (Public Record) Public Record #250964107	$8,500	—

Date	Event & Source	Price
12/05/2024	Sold (Public Record) Public Record #1546348456	$161,000
12/05/2024	Sold (Public Record) Public Record #1546348456	$161,000 +5.6% / yr
12/04/2024	Sold WPMLS #1664197	$161,000
12/04/2024	Sold WPMLS #1663726	$161,000
11/25/2024	Pending WPMLS #1664197	—
11/25/2024	Pending WPMLS #1663726	—
08/13/2024	In Contract WPMLS #1664197	—
08/13/2024	In Contract WPMLS #1663726	—
07/23/2024	Listed (Active) WPMLS #1664197	$180,000
07/19/2024	Listed (Active) WPMLS #1663726	$180,000
10/09/2018	Sold (Public Record) Public Record #634594687	$114,823 +15.1% / yr
04/01/2011	Sold WPMLS #814405	$39,900
03/31/2011	Sold (Public Record) Public Record #307122422	$39,900 +26.2% / yr
03/07/2011	Pending WPMLS #814405	—
03/16/2010	Listed (Active) WPMLS #814405	$39,900
08/10/2004	Sold (Public Record) Public Record #250964107	$8,500

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

Public Records for 464 Reed Avenue

Taxable ValueLand$2,220Additions$15,990Total$18,210

Tax Record2026$2,883 ($240 / month)

Home Facts

Beds0Total Finished SqFt2,314 SqFtAbove Grade Finished SqFt2,314 SqFtStories2Lot Size6,000 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1940CountyWESTMORELANDAPN20-02-03-0-399

Schools near 464 Reed Avenue

This home is within Monessen City School District.


Rating	School	Type	Grades	Distance
4/10	Monessen El Center	Public - Serves this home	PK to 5	0.6 mi
3/10	Monessen Middle School	Public - Serves this home	6 to 8	1.6 mi
2/10	Monessen Senior High School	Public - Serves this home	9 to 12	1.6 mi
NR	Mon Valley Academy	Private - Nearby school	6 to 12	0.1 mi
NR	Epiphany of Our Lord Catholic	Private - Nearby school	PK to 6	0.2 mi
NR	Madonna Catholic Regional School	Private - Nearby school	PK to 8	0.9 mi


Rating	School	Distance
4/10	Monessen El Center PublicPK to 5 Serves this home	0.6 mi
3/10	Monessen Middle School Public6 to 8 Serves this home	1.6 mi
2/10	Monessen Senior High School Public9 to 12 Serves this home	1.6 mi
NR	Mon Valley Academy Private6 to 12 Nearby school	0.1 mi
NR	Epiphany of Our Lord Catholic PrivatePK to 6 Nearby school	0.2 mi
NR	Madonna Catholic Regional School PrivatePK to 8 Nearby school	0.9 mi

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

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 464 Reed Avenue, Monessen, PA 15062	$161,000	–	–	–	5,998
468 Reed Avenue, Monessen, PA 15062	$2,000	–	–	–	6,000
472-474 Reed Avenue, Monessen, PA 15062	$17,088	6	3	–	–
472 Reed Avenue, Unit 474, Monessen, PA 15062	–	–	–	–	6,375
460 Reed Avenue, Monessen, PA 15062	$4,800	–	–	–	6,000
458 Reed Avenue, Monessen, PA 15062	–	–	–	–	4,200
476 Reed Avenue, Monessen, PA 15062	$10,000	–	–	–	5,625
454 Reed Avenue, Monessen, PA 15062	$1,500	–	–	1,924	4,200
477 Reed Avenue, Monessen, PA 15062	$18,000	4	1	–	0
473 Reed Avenue, Monessen, PA 15062	$10,000	–	–	–	10,800
479 Reed Avenue, Monessen, PA 15062	$12,750	3	2	–	–
483 Reed Avenue, Monessen, PA 15062	$14,500	–	–	–	3,591
448 Reed Avenue, Monessen, PA 15062	$3,500	–	–	1,608	6,000
482 Reed Avenue, Monessen, PA 15062	–	–	–	–	6,000
487 Reed Avenue, Monessen, PA 15062	$25,000	–	–	–	3,591
444 Reed Avenue, Monessen, PA 15062	–	–	–	–	6,000

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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 EXP REALTY LLC

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: 12/06/2024 03:50 PM

Monessen, PA

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