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Listed price in listed location currency (USD).
$160,000
$190,000

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MLS® 1699450

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes $1,495
Lot Size 0.0551 acres
Approx. Age 1900
MLS® Number 1699450

Property Address: 3552 Melwood Ave, Pittsburgh, PA, 15213-1072

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

Description

Calling all investors! Potential for High-return Duplex in Prime Location 3552 Melwood Ave is a fantastic opportunity for investors seeking strong returns in Pittsburgh’s thriving rental market. This duplex offers great value: Unit 1 (lower) is fully gutted to studs with new electrical wiring and plumbing rough-ins, ready for the next owner’s vision. Unit 2 is nearly complete, allowing for quick occupancy. Plus, tenants can enjoy stunning city views from the upper unit’s deck! A rental projection of both units as long-term rentals projects a strong 11% cap rate and meets the golden "1% rule, " making this a prime cash-flowing asset once complete. Whether you’re looking to flip or hold for long-term gains, this property delivers. Close to universities, hospitals, and thriving employment centers, this duplex is positioned for high rental demand. Don’t miss this high-yield investment opportunity!
MLS® Number1699450
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0551
Exterior
GarageNo
Approx. Age1900
Basement
DrivewayOn Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

May 28, 2025End Date
$160,000Sold Price

Sold

May 2, 2025List Date
$190,000List Price
  • Commute

Commute

Starting Address
Destination Address
3552 Melwood Ave, Pittsburgh, PA

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