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Two-Building Multifamily Property
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1028 Franklin Avenue, Pittsburgh, PA 15221

Two adjacent six-unit apartment buildings offer one-bedroom, one-bath units with owner-paid water, sewer, trash, and gas-heat.

Property SizeContact for details
Days on Market51

Property Features for 1028 Franklin Avenue

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Multifamily
Occupancy 100%
Net Operating Income $37,735

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 12

Building Details

Buildings 2
Stories 3
Units 12
Tenancy Multi
Listing Agency: Allegheny Multifamily
Listed By: David Poluszejko · License #RS296752
Source: Crexi
Added: Jul 15 Changed: Aug 16 Last Checked: Sep 1 at 5:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Allegheny Multifamily

Investment Insights

Based on property information with market context.

Franklin Avenue Apartments consists of two adjacent six-unit apartment buildings, providing a total of 12 units. Each unit is a one-bedroom, one-bath layout. The tenant pays electric, while the owner pays water, sewer, trash, and gas for heat. The property has vinyl windows, and the roof is described as being in good condition.

The buildings are located in Wilkinsburg, on the eastern border of Pittsburgh, approximately 7 miles east of Downtown. The area is described as being minutes from East Liberty, Shadyside, and the Oakland job core, with access routes including Parkway East (I-376) and Route 30.

For tenant screening, the owner currently does not accept Section 8. The property is presented as an income-producing residential asset with consistent utility billing responsibilities for tenants and the owner.

Key Highlights

  • 12‑unit multifamily asset in Wilkinsburg: two adjacent six‑unit buildings
  • All units are 1 bedroom, 1 bath
  • Tenants pay electric; owner pays water, sewer, trash, and gas heat

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

932
Businesses Nearby

Demographics for 15221, PA

28,913
Population
17,621
Households
1.6
Avg Household Size
42
Median Age
42%
College-Educated
95%
High-School Grad
6.2 sq mi
ZIP Area
4,663
Density / Sq Mi
$55,241
Median Household Income
$42,411
Median Earnings
$954
Median Rent
$157,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two adjacent six-unit apartment buildings offer one-bedroom, one-bath units with owner-paid water, sewer, trash, and gas-heat.
Where is this apartment building located?
The property is located at 1028 Franklin Avenue Pittsburgh, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 12‑unit multifamily asset in Wilkinsburg: two adjacent six‑unit buildings; All units are 1 bedroom, 1 bath; Tenants pay electric; owner pays water, sewer, trash, and gas heat
More about this property
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