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    9216-18 Florida Ave Pittsburgh, PA 15235

    For Sale
    $169,000

    MULTI_FAMILY - Other - PENN HILLS, PA

    Property size:
    1,700 SF
    Lot size:
    0.31 Acres
    Days on Market:
    75
    Last Refresh:
    Dec 8 at 9:06 am

    Property Features for 9216-18 Florida Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Driveway
    Size
    1,700 SF
    Lot size
    0.31 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1935
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

    Houwzer (267) 765-2080 [email protected]

    Listing agent Michael DeFiore (609) 790-4824 License #RS329854

    Listing date Sep 25, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Duplex in Penn Hills

    This turnkey duplex, located in Penn Hills, presents an investment opportunity. The property features two 2-bedroom, 1-bathroom units. Current rents total $1,875 per month. Each unit has separately metered utilities. One unit includes luxury vinyl plank (LVP) flooring. Both units are well-maintained and tenant-ready. The property is of all-brick construction and has a new roof as of December 2024. On-site parking is available. The full unfinished basement includes in-unit laundry. The property is situated on a 0.31-acre lot. The building size is 1700 square feet. This income-generating duplex is located in Pittsburgh's growing rental market.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pittsburgh
    County
    Allegheny
    State
    Pennsylvania
    Longitude
    -79.86148
    Latitude
    40.46511

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    FAQs

    What type of property is this?
    Duplex - Fully occupied duplex generating dependable cash flow in Pittsburgh's rental market.
    Where is this duplex located?
    The property is located at 9216-18 Florida Ave Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $169,000.
    What are key features of this property?
    This property features: - Turnkey, fully occupied duplex generating $1,875/month in rental income, exceeding the 1% rule.; - Brand new roof installed in December 2024.; - Separate utility meters for each unit, simplifying management.
    (609) 790-4824
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9216-18 Florida Ave Pittsburgh, PA 15235
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