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Renovated Two-Unit Duplex
New
For Sale
$400,000

5421 Wellesley Ave, Pittsburgh, PA 15206

Separate HVAC systems, utilities, and hot water tanks serve each residence, with shared basement laundry and outdoor space.

Property SizeContact for details
Days on Market4

Property Features for 5421 Wellesley Ave

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $843

Amenities

shared laundry area
backyard patio

Building Details

Buildings 1
Listing Agency: RE/MAX SELECT REALTY
Listed By: Megan Stevenson · License #RS348075
Source: Exprealty
Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 3:17PM

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 RE/MAX SELECT REALTY

Investment Insights

Based on property information with market context.

This duplex contains two 2-bedroom, 1-bath residences, each with its own gas and electric service, hot water tank, and central-air HVAC system. Both interiors have been remodeled with new kitchens and bathrooms, quartz countertops, stainless steel appliances, dishwashers, built-in microwaves, LVP flooring, and fresh paint. Approximately 90% of the windows have been replaced. Shared basement laundry serves both units. One residence has a main-level living room, kitchen, full bath, and bedroom, with its second bedroom upstairs, plus a private rear deck. The other includes a bonus room alongside its two bedrooms.

Outdoor features include a shared backyard and patio. On-street parking is available, and public transit is less than two blocks away. Highland Park, the Pittsburgh Zoo & Aquarium, and Bryant Street shops and dining are among the nearby destinations; Bakery Square, East Liberty, Shadyside, and Lawrenceville are also in the surrounding area.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 bathroom
  • Separate gas and electric utilities, HVAC systems, and hot water tanks for both units
  • New roof and two HVAC systems with central air installed in 2024

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Restaurant Electrical Service (Bike/Boat/Book/etc) 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

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

484
Businesses Nearby

Demographics for 15206, PA

28,774
Population
17,004
Households
1.7
Avg Household Size
36
Median Age
59%
College-Educated
96%
High-School Grad
4.8 sq mi
ZIP Area
5,995
Density / Sq Mi
$69,906
Median Household Income
$49,009
Median Earnings
$1,284
Median Rent
$288,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Separate HVAC systems, utilities, and hot water tanks serve each residence, with shared basement laundry and outdoor space.
Where is this duplex located?
The property is located at 5421 Wellesley Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Separate gas and electric utilities, HVAC systems, and hot water tanks for both units; New roof and two HVAC systems with central air installed in 2024
More about this property
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