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Spacious Shadyside Apartment with Amenities
For Sale
$319,000

5 Bayard Road #912, Shadyside, PA 15213

Comfortable 3-bedroom apartment in Shadyside with on-site amenities.

Property Size1,511 SF
Price / SF$211.12
Days on Market408

Property Features for 5 Bayard Road #912

General Information

Standard status Active
Size 1,511 SF
Property subtype Condominium

Amenities

Forced Air
Central Air
Gas
Some Gas Appliances
Dishwasher
Disposal
Microwave
Refrigerator
Stove

Building Details

Building Size 1,511 SF
Year Built 1969
Listing Agency: COLDWELL BANKER REALTY
Listed By: COLDWELL BANKER REALTY
Source: Kw
Added: Aug 26, 2025 Changed: Oct 6 Last Checked: Oct 5 at 4:50PM

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 COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

Located in the heart of Shadyside, this 3-bedroom, 2-bath apartment offers a blend of comfort and convenience. The unit features a welcoming living space. Residents of Amberson Towers have access to on-site amenities, including a fitness center, community lounge, laundry facilities, and a rooftop terrace. The building also offers 24-hour maintenance services. Shadyside features tree-lined streets and architecture. The property is conveniently located near universities, medical centers, shopping, Downtown Pittsburgh, parks, and stadiums. Public transportation is readily accessible.

Key Highlights

  • Prime Shadyside location, close to universities, medical centers, shopping, Downtown Pittsburgh, parks, and stadiums.
  • Spacious 3‑bedroom, 2‑full bath apartment.
  • On‑site amenities: fitness center, community lounge, laundry, and rooftop terrace.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,936
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,720 $318.7K
Cap Rate 7%
$227,657 $227.7K
Cap Rate 9%
$177,067 $177.1K
Market Conditions
NOI Build-Up for 1,511 SF
Gross rent
$30.8K $20.40/SF
− Vacancy
−$1.8K −$1.22/SF
EGI
$29.0K $19.18/SF
− OpEx
−$13.0K −$8.63/SF
NOI
$15.9K $10.55/SF
Area
Pittsburgh, PA
Vacancy
6.00%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,720
Cap Rate 7%
$227,657
Cap Rate 9%
$177,067

Alternative Uses

Best Use
Apartment 5plus
$227.7K
$199.2K – $265.6K (±1% cap)
NOI $15,936 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$481.2K
$421.1K – $561.4K (±1% cap)
NOI $33,685 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Amberson Towers Apartment Building Ivy Charitable Endowment Association Or Organization

Suggested Use

Top Pick Law Firm Electrical Service Accounting Firm (Bike/Boat/Book/etc) Store Home Appliance Store Building Supply

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

Location Intelligence

Trade Area within ½ mile

3,993
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?
Apartment building - Comfortable 3-bedroom apartment in Shadyside with on-site amenities.
Where is this apartment building located?
The property is located at 5 Bayard Road #912 Shadyside, PA.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Prime Shadyside location, close to universities, medical centers, shopping, Downtown Pittsburgh, parks, and stadiums.; Spacious 3‑bedroom, 2‑full bath apartment.; On‑site amenities: fitness center, community lounge, laundry, and rooftop terrace.
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