This well-maintained four-unit investment property in Pittsburgh's Beechview neighborhood presents an exceptional opportunity for investors seeking immediate cash flow. The property is 100% occupied and offers an impressive 9.0% cap rate, making it a strong addition to any investment portfolio. Each of the four units features a functional 1-bedroom, 1-bathroom layout with a combination of LVT and carpeting throughout. Several units showcase beautiful original woodwork, adding character and charm that tenants appreciate. Residents also enjoy the convenience of an on-site, shared coin-operated washer and dryer, providing an additional income stream. Situated on a quiet dead-end street with minimal traffic, the property offers both on-street parking and two off-street parking spaces. It is ideally located less than one block from the Westfield PRT Station (Trolley), providing quick and convenient access to Downtown Pittsburgh, the West End, and the South Hills within minutes. .. and if driving, Only 9 Minutes to Point State Park! The building is individually metered for electric, with tenants responsible for their own electric service. The owner pays for gas heat (hot water boiler system), water, sewer, common area electric, taxes, and insurance. With its strong occupancy history, desirable location, classic architectural details, and excellent investment metrics, this turnkey multifamily property is an outstanding opportunity for both seasoned and first-time investors.
Well maintained 4 units investment opportunity located in the Beechview neighborhood of Pittsburgh. Conveniently located near the Westfield Trolly stop which provides quick access to downtown, West-End, and the South Hills in minutes. The building features many updates including electric, windows, flooring, kitchens, and baths, On site coin operated laundry, Units are individually metered for electric, All units are 1 Bedroom, 1 Bath ($650 / $675 / $695 / $625) and tenants pay electric, Property is 100% occupied. 6.46% Cap Rate.
West Penn MLS #533465
Feb 7, 2005
Sold
$64,500
Oct 14, 2004
Listed
$80,000
GREAT 4UNITS INVESTMENT PROPERTY. GREAT AS A SECOND INCOME. 3 OF THE 4 UNITS IS CURRE NTLY BEING RENTED OUT. APT #1 (412)343-1917 APT#2 (412)344-6103, APT#4 (412)726-8516
Public Records
Dec 14, 1990
Sold
$57,000
Year
Property tax
Land + Additions
Assessment*
2026
$1,895 (+6.5%)
$21,500 + $50,400
$71,900
2025
$1,779 (+7.4%)
$21,500 + $50,400
$71,900
2024
$1,657
$21,500 + $50,400
$71,900
2023
$1,657 (+1.3%)
$21,500 + $50,400
$71,900
2022
$1,635
$21,500 + $50,400
$71,900
2021
$1,635 (+0.5%)
$21,500 + $50,400
$71,900
2020
$1,627
$21,500 + $50,400
$71,900
2019
$1,627
$21,500 + $50,400
$71,900
2018
$1,627
$21,500 + $50,400
$71,900
2017
$1,627 (−1.1%)
$21,500 + $50,400
$71,900
2015
$1,645
$21,500 + $50,400
$71,900
Public record
Public record
Zoning
Beds
4
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
0.49 Acres
Year renovated
—
Sq. Ft.
2,448
Year built
1900
Style
Other
County
Allegheny County
APN
0035H00247000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2026.
H
Hillside District
The H, Hillside District is intended to: Promote environmental preservation and fiscal responsibility; Allow reasonable use and development of property zoned H, Hillside; and Apply in areas that are not suitable for intensive development because of the presence of environmental or scenic resources and because of the difficulty of providing essential public facilities and services in an efficient and cost-effective manner.
Permitted uses
Include but are not limited to:
Agriculture
Livestock production
Day care facility
Agriculture-Cropland
Property details
Parking
Parking
Features: Off Street, On Street
# of Parking (Total): 2
Interior
Virtual Tour
Room Information
Has Basement
Basement Information: Full
Exterior
Building Information
Roof Details: Asphalt
Construction Details: Brick
Lot Information
Lot Size Area: 0.49
Lot Size Acres: 0.49
Lot Size Dimensions: 370x288x450x283
Zoning: Multi
Zoning Description: Multi
Financial
Assessments and Fees
Assessed Value: $71,900
Tax Information
Annual Tax Amount: $1,895
Utilities
Utility Information
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Location
Multi Unit Information
# Of Units Total: 4
# Of Units In Community: 4
Vacancy Allowance Rate: 0.0
Multi Unit Financial Information
Gross Income: $46,980
Utilities Expense: $5,400
Insurance Expense: $2,747
Unit Type 1
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Actual Rent: $950
Actual Rent Range: 950
Unit Type 2
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Actual Rent: $975
Actual Rent Range: 975
Unit Type 3
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Actual Rent: $995
Actual Rent Range: 995
Unit Type 4
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Actual Rent: $995
Actual Rent Range: 995
Community Information
Community Features: Public Transportation
Public facts
Beds: 4
Baths: 4.0
Sq. Ft.: 2,448
Stories: 2.0
Lot Size: 0.49 acres
Style: Other
Year Built: 1900
Year Renovated: —
County: Allegheny County
APN: 0035H00247000000
Home facts updated by county records on Jul 21, 2026
Around this home
Schools
Pittsburgh Beechwood K-5
Public PreK-5 • Assigned • 0.4mi
6/10
Pittsburgh South Hills 6-8
Public 6-8 • Assigned • 0.7mi
3/10
Pittsburgh Brashear High School
Public 9-12 • Assigned • 0.6mi
2/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 97° expected this year, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Pittsburgh, PA • 15216
Average low and high temperatures (°F)
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52
81
63
85
68
81
62
78
57
67
46
52
37
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Oct
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Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$310,000 – $375,000
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