Retail and Residential Dual-Use
For Sale
$575,000
2206 E Carson St, Pittsburgh, PA 15203
SINGLE_FAMILY - Pittsburgh, PA
Property Size1,400 SF
Lot Size0.05 Acres
Price / SF$410.71
Days on Market349
Property Features for 2206 E Carson St
General Information
Property type
Residential
Property subtype
Office
Zoning
C
Zoning description
C
Subdivision
South Side
Standard status
Active
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
4193
Building Details
Year built
1900
Listing Agency:
EXP REALTY LLC
(888) 397-7352
Listed By:
DJ Fairley · License #RS340181
(888) 397-7352
Added: Aug 21, 2025
Changed: Jun 30
Last Checked: Aug 4 at 2:06PM
MLS# 1717692
Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property consists of two buildings on a single parcel. The front building is a remodeled retail or office space with fresh paint, vinyl flooring, and updated mechanicals, including a newer furnace, AC, and water heater. The rear building is a residential unit featuring two bedrooms and a bonus finished loft on the third floor, with central AC and heat.
Located on East Carson Street in Pittsburgh’s South Side, the front building benefits from street frontage along East Carson Street. The offering is listed under zoning “C,” and it is presented as a dual-use setup with separate building components.
For tenants, buyers, or operators seeking flexibility, this configuration supports an owner-operator model or an investment approach that combines commercial space with an on-site residence. The front area’s recent finishes and mechanical updates can support business use, while the rear unit’s central heating and cooling serve day-to-day comfort for residents. The two-building layout is designed to accommodate both uses under one ownership.
Located on East Carson Street in Pittsburgh’s South Side, the front building benefits from street frontage along East Carson Street. The offering is listed under zoning “C,” and it is presented as a dual-use setup with separate building components.
For tenants, buyers, or operators seeking flexibility, this configuration supports an owner-operator model or an investment approach that combines commercial space with an on-site residence. The front area’s recent finishes and mechanical updates can support business use, while the rear unit’s central heating and cooling serve day-to-day comfort for residents. The two-building layout is designed to accommodate both uses under one ownership.
Key Highlights
- Dual‑building property on E Carson St in Pittsburgh’s South Side, built in 1900
- Front building: approx. 1,400 SF remodeled retail or office space with fresh paint and sleek vinyl flooring
- Front building updates include newer furnace, AC, and water heater
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.6k | $22.56 |
| − Vacancy | −$7.7k | −$5.53 |
| EGI | $23.8k | $17.03 |
| − OpEx | −$6.0k | −$4.26 |
| NOI | $17.9k | $12.77 |
1,400 SF · lease $22.56/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$255.5K
$223.6K – $298.1K
NOI $17,884 @ 7.0% cap · market cap 3.11%
Second Best
Retail
$233.1K
$204.0K – $272.0K
NOI $16,317 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$445.9K
$390.1K – $520.2K
NOI $31,211 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,019
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 15203, PA
10,720
Population
6,983
Households
1.5
Avg Household Size
30
Median Age
61%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
7,147
Density / Sq Mi
$71,299
Median Household Income
$55,738
Median Earnings
$1,458
Median Rent
$251,900
Median Home Value
Market
Vacancy Rate% for Office in Pittsburgh, PA
Questions? Ask Rey
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Similar Off Market Nearby
- Blooms Florist Llc — by appointment only, 2514 mission st, pittsburgh, pa 15203
Frequently Asked Questions
What type of property is this?
Storefront property - Two buildings on one parcel combine a remodeled retail/office space with a 2-bedroom residential unit.
Where is this storefront property located?
The property is located at 2206 E Carson St Pittsburgh, PA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Dual‑building property on E Carson St in Pittsburgh’s South Side, built in 1900; Front building: approx. 1,400 SF remodeled retail or office space with fresh paint and sleek vinyl flooring; Front building updates include newer furnace, AC, and water heater
