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Renovated Mixed-Use Property
For Sale
$1,475,000

1401 Alabama Ave, Pittsburgh, PA 15216

Eight apartments and four commercial spaces combine residential and retail uses near bus and light rail service.

Property SizeContact for details
Days on Market49

Property Features for 1401 Alabama Ave

General Information

Standard status Active
Zoning C

Site & Location

Corner Location Yes
Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 8

Taxes and HOA fees

Annual Taxes $16,410

Building Details

Tenancy Multi
Listing Agency: HOWARD HANNA LANGHOLZ WILSON ELLIS
Listed By: Judson Powell · License #RB065653
Source: Exprealty
Added: Jul 27 Changed: Sep 12 Last Checked: Sep 12 at 2:32PM

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 HOWARD HANNA LANGHOLZ WILSON ELLIS

Investment Insights

Based on property information with market context.

This mixed-use property combines 8 residential units with 4 commercial spaces across 1401 Alabama Ave and 3058-3064 W Liberty Ave in Pittsburgh. Six apartments have undergone complete renovations, and the common areas have also been renovated. The commercial component is fully occupied by two tenants, while the retail frontage faces W Liberty Avenue and the apartments are positioned along Alabama Avenue.

The property is near bus and light rail service and within walking distance of the Potomac Avenue business district. A parking lot directly across from the apartments is available separately for $50/month and is not included in the sale. The property is zoned C – General Commercial District.

Key Highlights

  • 8 residential units and 4 commercial spaces across two addresses
  • Six of the 8 residential units have been fully renovated
  • Four commercial spaces are fully occupied by two tenants

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Food Market Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Electrical Service Building Supply

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
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,021
Businesses Nearby

Demographics for 15216, PA

22,966
Population
11,194
Households
2.1
Avg Household Size
38
Median Age
47%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
6,755
Density / Sq Mi
$81,542
Median Household Income
$48,674
Median Earnings
$1,078
Median Rent
$193,700
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?
Mixed-use property - Eight apartments and four commercial spaces combine residential and retail uses near bus and light rail service.
Where is this mixed-use property located?
The property is located at 1401 Alabama Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 8 residential units and 4 commercial spaces across two addresses; Six of the 8 residential units have been fully renovated; Four commercial spaces are fully occupied by two tenants
More about this property
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