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Triplex Property with Finished Basement
For Sale
$395,000

340 Ophelia St, Pittsburgh, PA 15213

ResidentialIncome, Pittsburgh, PA

Property SizeContact for details
Lot Size0.06 Acres
Days on Market119

Property Features for 340 Ophelia St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1AVH
Zoning description R1AVH
Parking features On Street
Elementary school district Pittsburgh
Middle school district Pittsburgh
High school district Pittsburgh
Directions Blvd of Allies outbound. Right Craft Ave. Immediate right Joe Hammer Sq. Left Ophelia. Property on right.
Subdivision Oakland
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 5472

Building Details

Year built 1920
Number of units 3
Listing Agency: RE/MAX REALTY BROKERS · RE/MAX International
Listed By: Charlene Haislip · License #RS224416L
Added: May 15 Changed: Sep 9 Last Checked: Sep 10 at 7:06AM
MLS# 1754048

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.

This 1920 triplex property at 340 Ophelia St includes four bedrooms, two full bathrooms, and a layout spanning three floors plus a finished basement. The main level contains living, dining, and kitchen areas, while the second floor provides two bedrooms, a bathroom, and laundry. The third floor offers an expansive flexible area suitable for sleeping, living, or office use. A finished basement adds a kitchenette or wet bar, dining area, bedroom, and full bathroom.

An occupancy permit authorizes one family dwelling with two lodgers and permits up to 5 unrelated tenants. The property has been fully occupied as a rental and is zoned R1AVH. Gas forced-air heat and the hot water tank are brand new. On-street parking is available, with public transportation and university shuttle service serving the area. The property sits on 0.06 acres in Pittsburgh’s Oakland area.

Key Highlights

  • Occupancy permit allows one family dwelling, two lodgers, and up to 5 unrelated tenants
  • Four‑bedroom, two‑bath triplex property with finished basement
  • Finished basement includes kitchenette or wet bar, dining area, bedroom, and full bathroom

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Acupuncture HVAC Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

6,351
Businesses Nearby

Demographics for 15213, PA

31,075
Population
11,349
Households
2.7
Avg Household Size
25
Median Age
64%
College-Educated
94%
High-School Grad
2.4 sq mi
ZIP Area
12,948
Density / Sq Mi
$31,330
Median Household Income
$6,795
Median Earnings
$1,243
Median Rent
$247,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Four bedrooms, two baths, and an occupancy permit allow up to 5 unrelated tenants.
Where is this triplex located?
The property is located at 340 Ophelia St Pittsburgh, PA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Occupancy permit allows one family dwelling, two lodgers, and up to 5 unrelated tenants; Four‑bedroom, two‑bath triplex property with finished basement; Finished basement includes kitchenette or wet bar, dining area, bedroom, and full bathroom
More about this property
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