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Quadplex with High Ceilings
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125 Stratford Ave, Pittsburgh, PA 15206

Four-unit quadplex with bright interiors, high ceilings, and in-unit appliances, plus shared basement laundry and outdoor space.

Property Size4,000 SF
Price / SF$193.75
Days on Market97

Property Features for 125 Stratford Ave

General Information

Standard status Active
Size 4,000 SF
Class C
Property subtype Multifamily
Zoning R3-M
Investment Type Sale/Leaseback

Additional Details

Multifamily Units 4

Building Details

Year Built 1910
Stories 3
Units 5
Listing Agency: KW Steel CIty
Listed By: Jean Ou · License #rs334288
Source: Crexi
Added: Jul 2 Changed: Sep 18 Last Checked: Oct 5 at 4:34PM

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 KW Steel CIty

Investment Insights

Based on property information with market context.

This quadplex includes four rental units with a layout designed for comfortable everyday living. The property features high ceilings and bright interiors with large windows, along with tile flooring and hardwood flooring throughout. Each unit has its own stove and refrigerator, and closet space is available in all rooms. Unit sizes are a mix of two 4-bedroom units and two 3-bedroom units, plus one 1-bedroom unit. A large basement area supports shared laundry facilities with washer/dryer provided, and the property also includes a welcoming front porch with space for seating and a large backyard.

The home is located in the Friendship area and is described as being conveniently near Penn Ave. The setting is characterized as safe and quiet in the provided remarks.

For prospective tenants, investors, or owner-operators, the unit mix offers options for different household needs, from a smaller 1-bedroom configuration to multiple larger layouts. Practical onsite amenities include in-unit stoves and refrigerators, along with the convenience of basement washer/dryer, while the front porch and large backyard add functional outdoor space for residents.

Key Highlights

  • Four‑unit quadplex built in 1910 in the Friendship area, located near Penn Ave
  • Unit mix includes two 4‑bedroom, two 3‑bedroom, and one 1‑bedroom unit
  • Each unit has its own stove and refrigerator

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,553
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$911,060 $911.1K
Cap Rate 7%
$650,757 $650.8K
Cap Rate 9%
$506,144 $506.1K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$69.6K $17.40/SF
− Vacancy
−$4.5K −$1.13/SF
EGI
$65.1K $16.27/SF
− OpEx
−$19.5K −$4.88/SF
NOI
$45.6K $11.39/SF
Area
Pittsburgh, PA
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$911,060
Cap Rate 7%
$650,757
Cap Rate 9%
$506,144

Alternative Uses

Best Use
Multifamily LT 5
$650.8K
$569.4K – $759.2K (±1% cap)
NOI $45,553 @ 7.0% cap · market cap 5.88%
Second Best
Apartment 5plus
$602.7K
$527.3K – $703.1K (±1% cap)
NOI $42,187 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M (±1% cap)
NOI $89,174 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Electrical Service HVAC Service Accounting Firm Home Appliance Store (Bike/Boat/Book/etc) Store

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,759
Businesses Nearby

Demographics for 15206, PA

28,774
Population
17,004
Households
1.7
Avg Household Size
36
Median Age
59%
College-Educated
96%
High-School Grad
4.8 sq mi
ZIP Area
5,995
Density / Sq Mi
$69,906
Median Household Income
$49,009
Median Earnings
$1,284
Median Rent
$288,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Four-unit quadplex with bright interiors, high ceilings, and in-unit appliances, plus shared basement laundry and outdoor space.
Where is this quadplex located?
The property is located at 125 Stratford Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 1910 in the Friendship area, located near Penn Ave; Unit mix includes two 4‑bedroom, two 3‑bedroom, and one 1‑bedroom unit; Each unit has its own stove and refrigerator
(412) 682-0120 Call to check price and availability
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