Two-Unit Residential
New
For Sale
$240,000
3672 Myrtle Ave, Castle Shannon, PA 15234
ResidentialIncome, Castle Shannon, PA
Property Size1,825 SF
Lot Size0.15 Acres
Price / SF$131.51
Days on Market3
Property Features for 3672 Myrtle Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
MUL
Zoning description
MUL
Bedrooms
3
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Basement, Bedroom 2, Bedroom 1
Parking
2
Parking features
Garage
Elementary school district
Keystone Oaks
Middle school district
Keystone Oaks
High school district
Keystone Oaks
Subdivision
Castle Shannon
Standard status
Active
Lot size
0.15 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
6137
Building Details
Year built
1920
Number of units
2
Building materials
Frame
Roof type
Asphalt
Buildings
1
Listing Agency:
CENTURY 21 FRONTIER REALTY · Century 21 Real Estate
Listed By:
Lisa Schmigel · License #RS326322
(724) 941-8680
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 25 at 3:06AM
MLS# 1780685
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 1,825-square-foot duplex has separate one-bedroom and two-bedroom residences arranged on two levels. The building dates to 1920, and the lot measures 0.152 acres. Interior details include high ceilings and large windows. The two-bedroom residence features an updated kitchen, hardwood floors, and a sunroom; the one-bedroom residence has hardwood in its living area and carpet in the bedroom. A detached two-car garage provides parking and storage, and a roof was installed in 2025.
Both residences are occupied. The property is on the same block as the Castle Shannon Library, Myrtle Elementary School, and Chestnut Park. Major routes, public transportation, shopping, dining, and entertainment are also noted as accessible from the property. Zoning is MUL.
Both residences are occupied. The property is on the same block as the Castle Shannon Library, Myrtle Elementary School, and Chestnut Park. Major routes, public transportation, shopping, dining, and entertainment are also noted as accessible from the property. Zoning is MUL.
Key Highlights
- 1,825 square feet with one‑bedroom and two‑bedroom residences
- Both residences are occupied
- Roof installed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,514
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,280
$310.3K
Cap Rate 7%
$221,629
$221.6K
Cap Rate 9%
$172,378
$172.4K
Market Conditions
NOI Build-Up for 1,825 SF
Gross rent
$23.4K $12.84/SF
− Vacancy
−$1.3K −$0.70/SF
EGI
$22.2K $12.14/SF
− OpEx
−$6.6K −$3.64/SF
NOI
$15.5K $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%
$310,280
Cap Rate 7%
$221,629
Cap Rate 9%
$172,378
Alternative Uses
Best Use
Multifamily LT 5
$221.6K
$193.9K – $258.6K
NOI $15,514 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$202.8K
$177.5K – $236.6K
NOI $14,198 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$464.9K
$406.8K – $542.3K
NOI $32,540 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
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Business Placement
Demographics for 15234, PA
13,966
Population
6,733
Households
2.1
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
3.1 sq mi
ZIP Area
4,505
Density / Sq Mi
$75,766
Median Household Income
$49,531
Median Earnings
$1,004
Median Rent
$199,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The occupied property combines one-bedroom and two-bedroom residences with a detached garage.
Where is this duplex located?
The property is located at 3672 Myrtle Ave Castle Shannon, PA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 1,825 square feet with one‑bedroom and two‑bedroom residences; Both residences are occupied; Roof installed in 2025
