Search
Legal Triplex Income Property
For Sale
$475,000
Pending

5862 Hobart Street, Pittsburgh, PA 15217

Legal triplex includes two two-bedroom units and a third-floor unit with one bedroom plus an office or small bedroom.

Property SizeContact for details
Days on Market89

Property Features for 5862 Hobart Street

General Information

Standard status Pending
Property subtype Multi-Unit / Triplex
Zoning R3

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $5,168

Amenities

0.0

Building Details

Year Built 1900
Stories 3
Listing Agency: AISHEL REAL ESTATE
Listed By: Avrohom Kopel · License #RS377788
Source: Compass
Added: Jun 9 Changed: Aug 8 Last Checked: Jul 24 at 3:30PM

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 AISHEL REAL ESTATE

Investment Insights

Based on property information with market context.

This legal triplex features two spacious two-bedroom units on the first and second floors. The third-floor unit offers one bedroom plus an additional office or small bedroom. The property is presented as a value-add opportunity with needed updates reflected in the asking price.

Located in Squirrel Hill, the home is described as convenient to local shops, restaurants, universities, hospitals, parks, public transportation, and other amenities associated with the neighborhood.

With three separate residential units, the property provides an income-oriented configuration for an investor or an owner-occupant seeking to make improvements over time.

Key Highlights

  • Legal triplex at 5862 Hobart St in Squirrel Hill
  • Two units with 2 bedrooms each located on the 1st and 2nd floors
  • 3rd‑floor unit features 1 bedroom plus an office/small bedroom

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Building Supply Parking Lot & Garage HVAC Service

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,636
Businesses Nearby

Demographics for 15217, PA

26,851
Population
12,582
Households
2.1
Avg Household Size
36
Median Age
74%
College-Educated
97%
High-School Grad
3.9 sq mi
ZIP Area
6,885
Density / Sq Mi
$91,695
Median Household Income
$55,890
Median Earnings
$1,412
Median Rent
$431,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Legal triplex includes two two-bedroom units and a third-floor unit with one bedroom plus an office or small bedroom.
Where is this triplex located?
The property is located at 5862 Hobart Street 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: Legal triplex at 5862 Hobart St in Squirrel Hill; Two units with 2 bedrooms each located on the 1st and 2nd floors; 3rd‑floor unit features 1 bedroom plus an office/small bedroom
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message