Updated Brick Duplex with
For Sale
$475,000
563 S Braddock Ave, Pittsburgh, PA 15221
Two separately metered units offer owner-occupancy flexibility and dedicated basement storage.
Property Size3,050 SF
Price / SF$155.74
Days on Market62
Property Features for 563 S Braddock Ave
General Information
Standard status
Active
Size
3,050 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1.5BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Furnished
No
Building Details
Year Built
1924
Construction
brick
Listing Agency:
Exp Realty LLC
(888) 397-7352
Listed By:
Jackson Realty Group
(412) 790-2779
Source:
Jacksonrealty
Added: Aug 13
Changed: Oct 13
Last Checked: Oct 12 at 6:55PM
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 Exp Realty LLC
Investment Insights
Based on property information with market context.
Built in 1924, this 3,050-square-foot brick duplex pairs a two-bedroom, one-and-a-half-bath first-floor unit with a three-bedroom, one-bath second-floor unit. The lower residence is vacant, while the upper unit has a long-term year-to-year tenant. Each apartment has independent gas and electric service, its own boiler and hot water tank, and separate basement areas with laundry, storage, and mechanical space.
Interior details include partial hardwood flooring, original kitchen built-ins, hallway storage, spacious living rooms, and decorative brick fireplaces with mantels. The first floor uses mini-split HVAC systems alongside boiler heat; the upper unit has window AC units and boiler heat. A two-car garage provides separate stalls, automatic openers, and keypads, and sits beside a small courtyard, patio, and garden. The roof on both the residence and garage was replaced in 2022.
The property is located at 563 S Braddock Ave in Point Breeze, near Regent Square, one block from Frick Park and 1.8 miles from Bakery Square.
Interior details include partial hardwood flooring, original kitchen built-ins, hallway storage, spacious living rooms, and decorative brick fireplaces with mantels. The first floor uses mini-split HVAC systems alongside boiler heat; the upper unit has window AC units and boiler heat. A two-car garage provides separate stalls, automatic openers, and keypads, and sits beside a small courtyard, patio, and garden. The roof on both the residence and garage was replaced in 2022.
The property is located at 563 S Braddock Ave in Point Breeze, near Regent Square, one block from Frick Park and 1.8 miles from Bakery Square.
Key Highlights
- 3,050 SF up/down brick duplex with two residential units
- First‑floor 2 bed, 1.5 bath unit is vacant; second‑floor unit is 3 bed, 1 bath
- Separate gas and electric service, boilers, and hot water tanks for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,857
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$697,140
$697.1K
Cap Rate 7%
$497,957
$498.0K
Cap Rate 9%
$387,300
$387.3K
Market Conditions
NOI Build-Up for 3,050 SF
Gross rent
$53.1K $17.40/SF
− Vacancy
−$3.3K −$1.07/SF
EGI
$49.8K $16.33/SF
− OpEx
−$14.9K −$4.90/SF
NOI
$34.9K $11.43/SF
Area
ZIP 15221
Vacancy
6.17%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$697,140
Cap Rate 7%
$497,957
Cap Rate 9%
$387,300
Alternative Uses
Best Use
Multifamily LT 5
$498.0K
$435.7K – $581.0K
NOI $34,857 @ 7.0% cap · market cap 7.34%
Second Best
Apartment 5plus
$443.7K
$388.2K – $517.6K
NOI $31,056 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$776.9K
$679.8K – $906.4K
NOI $54,382 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
764
Businesses Nearby
Explore this area
Business Placement
Demographics for 15221, PA
28,913
Population
17,621
Households
1.6
Avg Household Size
42
Median Age
42%
College-Educated
95%
High-School Grad
6.2 sq mi
ZIP Area
4,663
Density / Sq Mi
$55,241
Median Household Income
$42,411
Median Earnings
$954
Median Rent
$157,100
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered units offer owner-occupancy flexibility and dedicated basement storage.
Where is this duplex located?
The property is located at 563 S Braddock Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 3,050 SF up/down brick duplex with two residential units; First‑floor 2 bed, 1.5 bath unit is vacant; second‑floor unit is 3 bed, 1 bath; Separate gas and electric service, boilers, and hot water tanks for each unit
