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    1500 Fallowfield Ave Pittsburgh, PA 15216

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    For Sale
    $1,900,000

    15-unit apartment building in revitalizing Beechview neighborhood, near T Station.

    Property size:
    10,050 SF

    Property Features for 1500 Fallowfield Ave

    General Information

    Size
    10,050 SF

    Source: Perry Nickleach II Agent Perry Nickleach II

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Beechview 15-Unit Apartment Building

    This 15-unit apartment building is located in the Beechview neighborhood of Pittsburgh. The solid brick building is situated one block from the T Station and 3 miles from Downtown Pittsburgh. The property features an attractive unit mix consisting of thirteen 2-bedroom units, one 1-bedroom unit, and one studio apartment. The units have separate gas and electric utilities, as well as central air conditioning. Beechview has been undergoing a revitalization over the past couple of years, presenting an opportunity to increase rents to market levels. The property size is 10,050 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NATICH Import & Export ... Exporter Fallowfield Apartments Apartment Building

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -80.0241799
    Latitude
    40.4128658

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    FAQs

    What type of property is this?
    Apartment building - 15-unit apartment building in revitalizing Beechview neighborhood, near T Station.
    Where is this apartment building located?
    The property is located at 1500 Fallowfield Ave Pittsburgh, PA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Located one block from the T Station, providing easy access to transportation.; - Attractive unit mix: **(13) 2BR's / (1) 1BR / (1) Studio.**; - Opportunity to increase rents to market levels.
    (724) 859-8091
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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
    1500 Fallowfield Ave Pittsburgh, PA 15216
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