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Three-Unit Multifamily Property
For Sale
Contact for pricing
Pending

401 Carothers Avenue, Carnegie, PA 15106

Three apartments with separate utility metering, basement laundry/storage, and a rear lot for several parking spaces.

Property SizeContact for details
Days on Market131

Property Features for 401 Carothers Avenue

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Multifamily

Additional Details

Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: McCormick Real Estate & Management
Listed By: Gary McCormick · License #IN RM422475
Source: Crexi
Added: Apr 10 Changed: Aug 13 Last Checked: Aug 14 at 9:45PM

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 McCormick Real Estate & Management

Investment Insights

Based on property information with market context.

This three-unit multifamily property includes two one-bedroom, one-bath apartments and a third unit with two bedrooms and one bath. The first-floor unit features a private entrance, while the second- and third-floor units share a common entrance. A full-size basement provides space for laundry and storage.

Kitchens are equipped with a stove and refrigerator, and all units have wall-to-wall carpeting. Utilities are metered separately, allowing tenants to pay for their own gas and electric usage. Parking is available both on-street and off-street, with additional off-street parking in a rear lot that can accommodate three to four vehicles.

The rear of the building faces a small alley, which limits the amount of traffic flow at the back entrance and parking area.

Key Highlights

  • Three‑apartment multi‑family at 401 Carothers Avenue in Carnegie Borough, with 2 units (1 bed/1 bath) and 1 unit (2 bed/1 bath)
  • Separate utility metering lets tenants pay their own gas and electric usage
  • Full‑size basement includes laundry and storage space

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Daycare Center Barber Shop (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Hair Salon

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,038
Businesses Nearby

Demographics for 15106, PA

19,166
Population
10,039
Households
1.9
Avg Household Size
43
Median Age
36%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
1,917
Density / Sq Mi
$72,112
Median Household Income
$50,561
Median Earnings
$990
Median Rent
$190,700
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?
Triplex - Three apartments with separate utility metering, basement laundry/storage, and a rear lot for several parking spaces.
Where is this triplex located?
The property is located at 401 Carothers Avenue Carnegie, PA.
What are key features of this property?
This property features: Three‑apartment multi‑family at 401 Carothers Avenue in Carnegie Borough, with 2 units (1 bed/1 bath) and 1 unit (2 bed/1 bath); Separate utility metering lets tenants pay their own gas and electric usage; Full‑size basement includes laundry and storage space
(412) 937-0500 Call to check price and availability
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