Six-Unit Mixed-Use
For Sale
$1,190,000
2830 W Liberty Ave, Pittsburgh, PA 15216
Fully occupied building combines street-level commercial space with residential units, balconies, parking, laundry, and storage.
Property Size4,549 SF
Days on Market48
Property Features for 2830 W Liberty Ave
General Information
Standard status
Active
Size
4,549 SF
Total Parking Spaces
7
Property subtype
Street Retail
Occupancy
100%
Units
Unit Mix
4 x 1BR
Multifamily Units
4
Additional Details
Road Access
Yes
Amenities
coin-operated laundry machines
storage areas
private balconies
Building Details
Building Size
4,549 SF
Year Renovated
2012
Tenancy
Multi
Listing Agency:
SVN | Three Rivers Commercial Advisors
Listed By:
Jason Campagna · License ##RM424399
(724) 918-4426
Source:
Thebrokerlist
Added: Aug 30
Changed: Oct 11
Last Checked: Oct 14 at 7:42PM
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 SVN | Three Rivers Commercial Advisors
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Investment Insights
Based on property information with market context.
This mixed-use building contains six occupied units, including two commercial spaces at street level and four second-floor one-bedroom apartments. Each apartment is approximately 800 SF and includes a private balcony, hardwood flooring, ceramic tile bathroom finishes with glass shower doors, a large living area with fireplace, and stainless kitchen appliances with granite countertops. The property also provides seven onsite surface parking spaces, coin-operated laundry equipment, and storage areas.
Major renovations were completed in 2012, including gut renovations to all six units, replacement of electrical and plumbing systems, water heaters, windows, the roof, and life safety systems. The property is located on W Liberty Ave in Dormont, with main-road exposure and a Pittsburgh address.
Major renovations were completed in 2012, including gut renovations to all six units, replacement of electrical and plumbing systems, water heaters, windows, the roof, and life safety systems. The property is located on W Liberty Ave in Dormont, with main-road exposure and a Pittsburgh address.
Key Highlights
- Six‑unit mixed‑use building with 2 street‑level commercial tenants and 4 one‑bedroom apartments
- 100% occupied with two long‑term commercial tenants
- Four apartments are approximately 800 SF and include private balconies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,019
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,060,380
$1.1M
Cap Rate 7%
$757,414
$757.4K
Cap Rate 9%
$589,100
$589.1K
Market Conditions
NOI Build-Up for 4,549 SF
Gross rent
$81.9K $18.00/SF
− Vacancy
−$6.1K −$1.35/SF
EGI
$75.7K $16.65/SF
− OpEx
−$22.7K −$5.00/SF
NOI
$53.0K $11.66/SF
Area
Pittsburgh, PA
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,060,380
Cap Rate 7%
$757,414
Cap Rate 9%
$589,100
Alternative Uses
Best Use
Retail
$757.4K
$662.7K – $883.7K
NOI $53,019 @ 7.0% cap · market cap 4.46%
Second Best
Mixed Use
$725.2K
$634.6K – $846.1K
NOI $50,767 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,413 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
973
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied building combines street-level commercial space with residential units, balconies, parking, laundry, and storage.
Where is this mixed-use property located?
The property is located at 2830 W Liberty Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Six‑unit mixed‑use building with 2 street‑level commercial tenants and 4 one‑bedroom apartments; 100% occupied with two long‑term commercial tenants; Four apartments are approximately 800 SF and include private balconies
