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Two-Unit Mixed-Use Property
For Sale
$565,000

4316 Penn Avenue, Bloomfield, PA 15224

ResidentialIncome, Bloomfield, PA

Property SizeContact for details
Lot Size0.05 Acres
Days on Market96

Property Features for 4316 Penn Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LNC
Zoning description LNC
Bedrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
Parking 2
Elementary school district Pittsburgh
Middle school district Pittsburgh
High school district Pittsburgh
Directions Penn Avenue in Bloomfield between Main Street and 44th Street, across from Children's Hospital.
Subdivision Bloomfield
Standard status Active
Lot size 0.05 Acres

Taxes and HOA fees

Tax Annual Amount 4724

Building Details

Number of units 2
Building materials Brick
Listing Agency: NEIGHBORHOOD REALTY SERVICES
Listed By: Katelyn Gagliardotto · License #RS358164
Added: Jul 10 Changed: Oct 8 Last Checked: Oct 13 at 1:06PM
MLS# 1764259

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 brick mixed-use property pairs a five-room ground-floor commercial suite with a second-floor, two-bedroom, one-bathroom apartment. The commercial layout includes a half bath, closets, and a separate area with industrial sinks. The apartment has a private balcony; its kitchen includes a refrigerator, gas stove, and stackable washer and dryer. The third floor is used for storage, and the basement has a dirt floor.

The property is directly across from UPMC Children's Hospital. A two-car integral garage is reached from Woolslayer Way, and public transportation is accessible nearby. Zoning is LNC.

Separate gas and electric meters serve the property, with one water meter. Central air conditioning was replaced in summer 2025 in the commercial space and approximately three years ago in the apartment. The furnace was replaced in winter 2021, and plumbing work was completed in 2021 and 2025.

Key Highlights

  • Five‑room commercial suite with industrial sinks and a half bath
  • Second‑floor apartment has 2 bedrooms, 1 bathroom, and a private balcony
  • Two‑car integral garage accessed via Woolslayer Way

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Electrical Service Computer & Electronic Repair Travel Agency Carpet & Flooring Store

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,572
Businesses Nearby

Demographics for 15224, PA

10,568
Population
6,380
Households
1.7
Avg Household Size
34
Median Age
55%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
7,045
Density / Sq Mi
$65,974
Median Household Income
$49,642
Median Earnings
$1,191
Median Rent
$240,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space sits below a two-bedroom apartment with a private balcony.
Where is this mixed-use property located?
The property is located at 4316 Penn Avenue Bloomfield, PA.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Five‑room commercial suite with industrial sinks and a half bath; Second‑floor apartment has 2 bedrooms, 1 bathroom, and a private balcony; Two‑car integral garage accessed via Woolslayer Way
More about this property
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