Five-Unit Apartment
New
For Sale
$220,000
217-219 5th St, Wilmerding, PA 15148
Two separate buildings offer duplex and triplex layouts with separate utilities.
Property Size72,000 SF
Lot Size4.50 Acres
Price / SF$3.06
Days on Market4
Property Features for 217-219 5th St
General Information
Standard status
Active
Size
72,000 SF
Net Rentable
68,400 SF
Class
Class B
Total Parking Spaces
126
Elevators
No
Lot size
4.50 Acres
Property subtype
Multi-Family
Zoning
R-4
Occupancy
94%
Net Operating Income
$620,000
Financials
Asking Price
$10,780,000
Cap Rate
5.75%
Gross Income
$1,120,000
Gross Rent Multiplier
10.2
Average Monthly Rent
$1,090
Opportunity Zone
No
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
12 x studio, 48 x 1BR/1BA, 24 x 2BR/2BA
Multifamily Units
84
Parking per Unit
1.5
Additional Details
Furnished
No
Sprinkler System
Yes
Amenities
pool
fitness center
on-site laundry
Building Details
Year Built
1915
Year Renovated
2022
Buildings
3
Stories
2
Construction
garden-style
Tenancy
Multi
Listing Agency:
Keller Williams Realty
(724) 941-9400
Listed By:
Jackson Realty Group
(412) 790-2779
Source:
Jacksonrealty
Added: Sep 15
Changed: Sep 17
Last Checked: Sep 16 at 5:38PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
The property at 217-219 5th St. comprises two separate residential buildings: a duplex and a triplex totaling five apartments. Built in 1915, the duplex contains two matching units, each with a covered front porch, 14x13 living room, 14x10 dining room, 13x8 kitchen, 14x11 bedroom, and full bathroom. The triplex includes two similarly arranged apartments with 17x7 covered porches, 13x13 living rooms, 11x9 dining rooms, kitchens, 14x12 bedrooms, and full bathrooms. Its third-floor unit has a 14x13 living room, 12x9 dining room, 12x11 bedroom, 10x10 kitchen, and covered outdoor area with a spiral staircase.
Separate utilities serve the units. Electrical service has been updated in both buildings, while the triplex furnaces and hot water tanks were replaced approximately in 2019-2020. The property is in Wilmerding within the East Allegheny School District, with access to I-376 and Route 30. Monroeville, North Versailles, shopping, dining, public transportation, and the Amazon fulfillment facility in North Versailles are nearby.
Separate utilities serve the units. Electrical service has been updated in both buildings, while the triplex furnaces and hot water tanks were replaced approximately in 2019-2020. The property is in Wilmerding within the East Allegheny School District, with access to I-376 and Route 30. Monroeville, North Versailles, shopping, dining, public transportation, and the Amazon fulfillment facility in North Versailles are nearby.
Key Highlights
- Five apartments across one duplex and one triplex
- Separate utilities for the residential units
- Updated electrical service throughout both buildings
Property Analytics
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Current Use
Lease Details
84
Residential units
94%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
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Business Placement
Demographics for 15148, PA
2,363
Population
1,502
Households
1.6
Avg Household Size
38
Median Age
14%
College-Educated
88%
High-School Grad
1.1 sq mi
ZIP Area
2,148
Density / Sq Mi
$38,733
Median Household Income
$31,944
Median Earnings
$799
Median Rent
$61,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two separate buildings offer duplex and triplex layouts with separate utilities.
Where is this apartment building located?
The property is located at 217-219 5th St Wilmerding, PA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Five apartments across one duplex and one triplex; Separate utilities for the residential units; Updated electrical service throughout both buildings
