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Split-Entry Duplex with Private Entrance

2614 Girard Ave A & B, North Versailles, PA 15137

For Sale
$260,000

Two self-contained living areas include separate kitchens and outdoor spaces, with an independent entrance serving the lower residence.

Property Size2,255 SF
Price / SF$115.30
Days on Market152

Property Features for 2614 Girard Ave A & B

General Information

Standard status Active
Size 2,255 SF
Total Parking Spaces 2
Property subtype Residential Income
Zoning Resi, Resi

Units

Unit Mix 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $4,400

Amenities

decks
private patio

Building Details

Year Built 1975
Buildings 1
Units 2
Construction split-entry ranch
Listing Agency: HOMECOIN.COM
Listed By: Jonathan Minerick · License PA #01523060
Source: Indianlakerealty
Added: Jun 14 Changed: Nov 11 Last Checked: Nov 11 at 10:43PM

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 HOMECOIN.COM

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Investment Insights

Based on property information with market context.

Built in 1975, this updated split-entry ranch contains approximately 2,255 square feet arranged as two residences. The upper unit has an open kitchen, dining and living area, three bedrooms, one full bath, and two decks. A separate entrance leads to the lower unit, which includes a living room, kitchen, one bedroom, one full bath, and a 20' x 16' addition with mini-split heating and cooling. The lower residence also has a private patio.

Improvements include updated kitchen cabinetry, new flooring in the lower apartment, upgraded electrical service, a hot water tank installed in 2019, newer fencing, landscaping, and fresh paint. The property is in North Versailles Township and the East Allegheny School District. It is offered furnished; furnishings may be negotiated separately.

Key Highlights

  • Two‑residence layout with separate kitchens and living areas
  • Approximately 2,255 square feet; built in 1975
  • Upper unit: 3 bedrooms, 1 full bath, and two decks

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,169
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,380 $383.4K
Cap Rate 7%
$273,843 $273.8K
Cap Rate 9%
$212,989 $213.0K
Market Conditions
NOI Build-Up for 2,255 SF
Gross rent
$29.0K $12.84/SF
− Vacancy
−$1.6K −$0.70/SF
EGI
$27.4K $12.14/SF
− OpEx
−$8.2K −$3.64/SF
NOI
$19.2K $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%
$383,380
Cap Rate 7%
$273,843
Cap Rate 9%
$212,989

Alternative Uses

Best Use
Multifamily LT 5
$273.8K
$239.6K – $319.5K (±1% cap)
NOI $19,169 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$250.6K
$219.3K – $292.4K (±1% cap)
NOI $17,543 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$574.4K
$502.6K – $670.1K (±1% cap)
NOI $40,207 @ 7.0% cap · market cap 15.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

265
Businesses Nearby

Demographics for 15137, PA

9,939
Population
5,336
Households
1.9
Avg Household Size
47
Median Age
22%
College-Educated
94%
High-School Grad
7.9 sq mi
ZIP Area
1,258
Density / Sq Mi
$51,766
Median Household Income
$40,051
Median Earnings
$869
Median Rent
$115,300
Median Home Value

Market

Properties on Market for Duplexes in Allegheny County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two self-contained living areas include separate kitchens and outdoor spaces, with an independent entrance serving the lower residence.
Where is this duplex located?
The property is located at 2614 Girard Ave A & B North Versailles, PA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two‑residence layout with separate kitchens and living areas; Approximately 2,255 square feet; built in 1975; Upper unit: 3 bedrooms, 1 full bath, and two decks
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