Well-Maintained Four-Unit
For Sale
$340,000
Pending
1663 Suburban Ave, Beechview, PA 15216
Four occupied units feature 1 bed and 1 bath layouts with LVT and carpeting and shared coin laundry.
Property SizeContact for details
Days on Market36
Property Features for 1663 Suburban Ave
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
Multi
Occupancy
100%
Net Operating Income
$30,825
Financials
Cap Rate
9%
Business Included
Yes
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$1,895
Amenities
Full
Off Street, On Street
Fourplex
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
COLDWELL BANKER REALTY
(412) 833-5405
Listed By:
Michael Podolinsky · License #RS313127
(412) 833-5405
Source:
Evrealestate
Added: Jul 20
Changed: Aug 23
Last Checked: Jul 29 at 3:23AM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
Well-maintained four-unit investment property offering 100% occupancy. Each unit includes a functional 1-bedroom, 1-bathroom layout with LVT and carpeting throughout, and several units retain original woodwork. Residents benefit from an on-site shared coin-operated washer and dryer.
The property is located on a quiet dead-end street with minimal traffic, with on-street parking and two off-street parking spaces. It is less than one block from the Westfield PRT Station (Trolley), providing convenient access to Downtown Pittsburgh, the West End, and the South Hills.
The building is individually metered for electric, with tenants responsible for their own electric service. The owner pays for gas heat through a hot water boiler system, as well as water, sewer, common area electric, taxes, and insurance.
The property is located on a quiet dead-end street with minimal traffic, with on-street parking and two off-street parking spaces. It is less than one block from the Westfield PRT Station (Trolley), providing convenient access to Downtown Pittsburgh, the West End, and the South Hills.
The building is individually metered for electric, with tenants responsible for their own electric service. The owner pays for gas heat through a hot water boiler system, as well as water, sewer, common area electric, taxes, and insurance.
Key Highlights
- Four‑unit multifamily property in Beechview, 100% occupied
- Each unit offers a 1‑bedroom, 1‑bath layout with LVT and carpeting
- 9.0% cap rate reported for the property
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied units feature 1 bed and 1 bath layouts with LVT and carpeting and shared coin laundry.
Where is this quadplex located?
The property is located at 1663 Suburban Ave Beechview, PA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Four‑unit multifamily property in Beechview, 100% occupied; Each unit offers a 1‑bedroom, 1‑bath layout with LVT and carpeting; 9.0% cap rate reported for the property
