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

4316 Penn Avenue, Pittsburgh, PA 15224

ResidentialIncome, Pittsburgh, PA

Property SizeContact for details
Lot Size0.05 Acres
Days on Market49

Property Features for 4316 Penn Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LNC
Zoning description LNC
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

Amenities

high ceilings
industrial sinks

Building Details

Number of units 2
Listing Agency: NEIGHBORHOOD REALTY SERVICES
Listed By: Katelyn Gagliardotto · License #RS358164
Added: Jul 10 Changed: Aug 26 Last Checked: Aug 27 at 12:06AM
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 mixed-use property contains a first-floor commercial component and a second-floor apartment, with additional storage space on the third floor. The commercial area is arranged across five rooms and includes a front room with a half bath, two closets, and industrial sinks. Its prior uses included retail, a tea room, and tailoring. High ceilings and flexible interior areas accommodate office, studio, retail, or service-oriented operations. Central A/C was replaced in Summer 2025, the furnace was replaced in Winter 2021, and plumbing work was completed in 2021 and 2025.

The residential unit offers 2 bedrooms, 1 bathroom, and a private balcony. Its kitchen was updated approximately 2 years ago with a refrigerator, stackable W/D, and gas stove; residential Central A/C was replaced approximately 3 years ago. The property is directly across from UPMC Children's Hospital and includes 2 car integral garage parking accessed via Woolslayer Way. Separate gas and electric meters serve the building, while water is separately metered through a single water meter. Zoning is LNC.

Key Highlights

  • Two‑unit mixed‑use property with commercial and residential components
  • First‑floor commercial area includes five rooms, half bath, two closets, and industrial sinks
  • 2‑bedroom, 1‑bathroom apartment with a large private balcony

Property Analytics

Current Use

Songbird Artistry Clothing & Fashion Store

Suggested Use

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

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

Multi-tenant
Tenancy
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

Market

Vacancy Rate% for Office in Pittsburgh, PA

10.2% 2019
12.2% 2020
14.6% 2021
13.9% 2022
16.1% 2023
17.5% 2024
17.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial and residential components support flexible occupancy, with separate utility metering and an integral garage.
Where is this mixed-use property located?
The property is located at 4316 Penn Avenue Pittsburgh, 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: Two‑unit mixed‑use property with commercial and residential components; First‑floor commercial area includes five rooms, half bath, two closets, and industrial sinks; 2‑bedroom, 1‑bathroom apartment with a large private balcony
More about this property
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