$90,000
42 W 4th St, Oil City, PA 16301
This side by side Duplex is fully rented with great income earning potential. The left unit has many new updates (windows, doors, flooring, wiring) that has 3 Bedrooms and 2 Baths. The right unit has an existing long term tenant that has been there for quite some time which has 3 bedrooms and 1 Bath. Both units have an attic that can be used for storage or converted into livable space. Both
Jason Rockwell ERA JOHNSON REAL ESTATE INC.
$159,900
55 Smithman St, Oil City, PA 16301
55 Smithman St, Oil City, PA 16301
As its name suggests, Oil City was founded as part of the country’s first petroleum boom that started in 1859 with the discovery of oil in Titusville, about 15 miles north of Oil City. Motor oil companies like Quaker State, Pennzoil and Wolf’s Head brought thousands of people to the city throughout the late 19th and early 20th centuries, but by the 1990s, those companies had all relocated. Like many other Rust Belt cities, the community was left to develop an identity beyond its industrial beginnings. “It was sad when Quaker State pulled out, a ...
On average, homes in Oil City, PA sell after 110 days on the market compared to the national average of 47 days. The average sale price for homes in Oil City, PA over the last 12 months is $130,544, up 25% from the average home sale price over the previous 12 months.
In Oil City, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $46,900 to $319,900, there's a range to accomodate every budget. As of April, 2025 the median home price in Oil City is $118,000, while the average sale price is $130,544, offering insights into the local housing market. On average, multi-family homes spend 110 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Oil City, PA.
Copyright © 2025 CoStar Group
