Brick
New
For Sale
$579,000
2504 S Braddock Ave, Swissvale, PA 15218
CommercialSale, Swissvale, PA
Property Size4,755 SF
Lot Size0.32 Acres
Price / SF$121.77
Days on Market4
Property Features for 2504 S Braddock Ave
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning
NMU
Zoning description
NMU
Parking
10
Directions
From Pittsburgh: Merge on I-376 E towards Monroeville; Take exit 77 towards Swissvale; Slight right on Monongahela Ave; Left on Schoyer Ave; Right on S Braddock Ave
Subdivision
Swissvale
Standard status
Active
Lot size
0.32 Acres
Taxes and HOA fees
Tax Annual Amount
10122
Amenities
hardwood floors
fenced yard
recreation area
storage rooms
Building Details
Year built
1900
Building materials
Brick, ShingleSiding
Listing Agency:
KELLER WILLIAMS EXCLUSIVE · Keller Williams Realty
(412) 682-0120
Listed By:
Susan Pittman · License #RS339354
(412) 345-7000
Added: Oct 30
Last Checked: Nov 2 at 5:06AM
MLS# 1781455
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.
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Investment Insights
Based on property information with market context.
This four-unit residential property has 4,755 square feet of living area, with hardwood flooring in many areas and apartment entrances positioned on different sides of the building. The 1,765-square-foot walkout basement includes laundry and mechanical areas, recreation space with a kitchen and bathroom, and multiple storage rooms.
Fenced grassy areas extend across the front and side yards. Parking at the rear includes a detached two-car garage and off-street spaces for approximately 10 cars; additional guest parking is available on a nearby side street. The property is zoned NMU and was built in 1900.
The Waterfront and Kennywood Park are each 3 miles away. The property is also described as minutes from Regent Square, Frick Park, Schenley Park, universities, and UPMC hospitals in Oakland.
Fenced grassy areas extend across the front and side yards. Parking at the rear includes a detached two-car garage and off-street spaces for approximately 10 cars; additional guest parking is available on a nearby side street. The property is zoned NMU and was built in 1900.
The Waterfront and Kennywood Park are each 3 miles away. The property is also described as minutes from Regent Square, Frick Park, Schenley Park, universities, and UPMC hospitals in Oakland.
Key Highlights
- Four apartments with 4,755 square feet of living area
- Walkout basement measures 1,765 square feet and includes laundry, recreation space, kitchen, bathroom, and storage rooms
- Detached two‑car garage and off‑street parking for approximately 10 cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,422
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,440
$808.4K
Cap Rate 7%
$577,457
$577.5K
Cap Rate 9%
$449,133
$449.1K
Market Conditions
NOI Build-Up for 4,755 SF
Gross rent
$61.1K $12.84/SF
− Vacancy
−$3.3K −$0.70/SF
EGI
$57.7K $12.14/SF
− OpEx
−$17.3K −$3.64/SF
NOI
$40.4K $8.50/SF
Area
Allegheny County, PA
Vacancy
5.42%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,440
Cap Rate 7%
$577,457
Cap Rate 9%
$449,133
Alternative Uses
Best Use
Multifamily LT 5
$577.5K
$505.3K – $673.7K
NOI $40,422 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$528.5K
$462.4K – $616.6K
NOI $36,993 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,782 @ 7.0% cap · market cap 14.64%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
556
Businesses Nearby
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Demographics for 15218, PA
13,497
Population
7,321
Households
1.8
Avg Household Size
40
Median Age
52%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
5,868
Density / Sq Mi
$67,723
Median Household Income
$46,711
Median Earnings
$1,114
Median Rent
$203,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four apartments are complemented by a walkout basement, fenced yard areas, and off-street parking.
Where is this quadplex located?
The property is located at 2504 S Braddock Ave Swissvale, PA.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Four apartments with 4,755 square feet of living area; Walkout basement measures 1,765 square feet and includes laundry, recreation space, kitchen, bathroom, and storage rooms; Detached two‑car garage and off‑street parking for approximately 10 cars
