Four-Unit Multifamily Investment
1663 Suburban Ave Pittsburgh, PA 15216
For Sale
Under Contract
$340,000
MULTI_FAMILY - Other - Pittsburgh, PA
Lot Size0.49 Acres
Days on Market13
Property Features for 1663 Suburban Ave
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
Multi
Parking
2
Parking features
On Street, Off Street
Standard status
Active Under Contract
Lot size
0.49 Acres
Taxes and HOA fees
Tax Annual Amount
1895
Building Details
Year built
1900
Number of units
4
Roof type
Asphalt
Architectural style
Other
Listing Agency:
COLDWELL BANKER REALTY
(412) 833-5405
Listed By:
Michael Podolinsky · License #RS313127
(412) 833-5405
Added: Jul 17
Changed: Jul 28
Last Checked: Jul 29 at 12:06AM
MLS# 1765499
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Investment Insights
Based on property information with market context.
Well-maintained four-unit investment property with all units currently occupied. Each unit offers a functional 1-bedroom, 1-bath layout with LVT and carpeting throughout, and several units include original woodwork. A shared, coin-operated washer and dryer is available on-site for tenants.
The building sits on a quiet dead-end street with on-street parking plus two off-street parking spaces. It is located less than one block from the Westfield PRT Station (trolley), providing convenient access to Downtown Pittsburgh, the West End, and the South Hills.
For utilities, the electric is individually metered by tenant. The owner covers gas heat via a hot water boiler system, as well as water, sewer, common area electric, taxes, and insurance. Zoning is designated as Multi.
The building sits on a quiet dead-end street with on-street parking plus two off-street parking spaces. It is located less than one block from the Westfield PRT Station (trolley), providing convenient access to Downtown Pittsburgh, the West End, and the South Hills.
For utilities, the electric is individually metered by tenant. The owner covers gas heat via a hot water boiler system, as well as water, sewer, common area electric, taxes, and insurance. Zoning is designated as Multi.
Key Highlights
- Four‑unit investment property with 100% occupancy and a stated 9.0% cap rate
- All four units feature 1‑bedroom, 1‑bathroom layouts with LVT and carpeting
- Original woodwork noted in several units
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained, fully occupied four-unit building with 1-bedroom, 1-bath layouts and shared coin-operated laundry.
Where is this quadplex located?
The property is located at 1663 Suburban Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Four‑unit investment property with 100% occupancy and a stated 9.0% cap rate; All four units feature 1‑bedroom, 1‑bathroom layouts with LVT and carpeting; Original woodwork noted in several units
