Four-Unit Multifamily
For Sale
Under Contract
$340,000
1663 Suburban Ave, Pittsburgh, PA 15216
ResidentialIncome, Pittsburgh, PA
Property SizeContact for details
Lot Size0.49 Acres
Days on Market44
Property Features for 1663 Suburban Ave
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
Multi
Zoning description
Multi
Parking
2
Parking features
On Street, Off Street
Elementary school district
Pittsburgh
Middle school district
Pittsburgh
High school district
Pittsburgh
Subdivision
Beechview
Standard status
Active Under Contract
Lot size
0.49 Acres
Taxes and HOA fees
Tax Annual Amount
1895
Amenities
on-site coin-operated washer and dryer
Building Details
Year built
1900
Number of units
4
Roof type
Asphalt
Architectural style
Other
Listing Agency:
COLDWELL BANKER REALTY · Coldwell Banker Real Estate
(412) 833-5405
Listed By:
Michael Podolinsky · License #RS313127
(412) 833-5405
Added: Jul 17
Changed: Aug 29
Last Checked: Aug 29 at 8:06PM
MLS# 1765499
Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1900, this multifamily property contains four residential units, each arranged with one bedroom and one bathroom. Interior finishes include LVT and carpeting, while original woodwork remains in several units. A shared coin-operated washer and dryer serves the building and provides an additional income stream. The property is 100% occupied and reports a 9.0% cap rate.
Located at 1663 Suburban Ave in Pittsburgh, the property sits on a 0.49-acre parcel with Multi zoning. It is less than one block from the Westfield PRT Station, offering trolley access to Downtown Pittsburgh, the West End, and the South Hills. Parking includes on-street availability and two off-street spaces.
Electric service is individually metered, with tenants responsible for their own electric. Owner-paid expenses include gas heat through a hot water boiler system, water, sewer, common-area electric, taxes, and insurance. The roof is asphalt.
Located at 1663 Suburban Ave in Pittsburgh, the property sits on a 0.49-acre parcel with Multi zoning. It is less than one block from the Westfield PRT Station, offering trolley access to Downtown Pittsburgh, the West End, and the South Hills. Parking includes on-street availability and two off-street spaces.
Electric service is individually metered, with tenants responsible for their own electric. Owner-paid expenses include gas heat through a hot water boiler system, water, sewer, common-area electric, taxes, and insurance. The roof is asphalt.
Key Highlights
- Four residential units, each with 1 bedroom and 1 bathroom
- 100% occupied with a reported 9.0% cap rate
- 0.49‑acre parcel with Multi zoning
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
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 - Fully occupied building with one-bedroom layouts, shared laundry, and transit access.
Where is this quadplex located?
The property is located at 1663 Suburban Ave Pittsburgh, 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 residential units, each with 1 bedroom and 1 bathroom; 100% occupied with a reported 9.0% cap rate; 0.49‑acre parcel with Multi zoning
