Listed price in listed location currency (USD).
$340,000

002

MLS® 1765499

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage 
Taxes $1,895
Days Active 0
Lot Size 0.49 Acres
Approx. Age 1900
MLS® Number 1765499

Property Address: 1663 Suburban Ave, Pittsburgh, PA, 15216-3783

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1765499
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull
DrivewayOff Street, On Street
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 18, 2026List Date
$340,000List Price
  • Commute

Commute

Starting Address
Destination Address
1663 Suburban Ave, Pittsburgh, PA

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