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Adjacent Townhome Multifamily Portfolio
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170 47th St, Pittsburgh, PA 15201

Eight individually deeded townhomes include three units that remain unrenovated.

Property Size2,500 SF
Days on Market707

Property Features for 170 47th St

General Information

Standard status Active
Size 2,500 SF
Property subtype Multifamily
Occupancy 88%
Investment Type Value Add

Additional Details

Multifamily Units 8

Building Details

Buildings 3
Units 8
Listing Agency: Colliers - Pittsburgh
Listed By: Bryan McCann · License #PA RS338595
Source: Crexi
Added: Sep 26, 2024 Changed: Aug 31 Last Checked: Aug 30 at 11:14PM

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 Colliers - Pittsburgh

Investment Insights

Based on property information with market context.

This multifamily portfolio comprises 8 adjacent townhomes, each held under an individual deed. The residences are located on 47th Street, Modoc Way, and Plummer Street, with the property address identified as 170 47th St. Three units remain unrenovated following a renovation program implemented by current ownership.

The portfolio is situated in Pittsburgh’s Lawrenceville neighborhood, an area described as having a tech-oriented economy and proximity to educational institutions and healthcare industries. The assembled townhome configuration offers ownership across 8 residential units within the same neighborhood setting.

Key Highlights

  • 8 adjacent townhomes in one assembled portfolio
  • Each townhome is individually deeded
  • 3 units remain unrenovated

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Daycare Center (Bike/Boat/Book/etc) Store Real Estate Agency Computer & Electronic Repair Travel Agency

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,511
Businesses Nearby

Demographics for 15201, PA

12,802
Population
7,970
Households
1.6
Avg Household Size
36
Median Age
64%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
6,738
Density / Sq Mi
$86,049
Median Household Income
$59,987
Median Earnings
$1,538
Median Rent
$257,300
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?
Multifamily property - Eight individually deeded townhomes include three units that remain unrenovated.
Where is this multifamily property located?
The property is located at 170 47th St Pittsburgh, PA.
What are key features of this property?
This property features: 8 adjacent townhomes in one assembled portfolio; Each townhome is individually deeded; 3 units remain unrenovated
(412) 535-8050 Call to check price and availability
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