Brick Duplex with Separate
62-64 Wynne Ave, Pittsburgh, PA 15205
For Sale
$299,000
Two side-by-side residences each include two bedrooms, a full bath, and a basement.
Property Size2,000 SF
Price / SF$149.50
Days on Market106
Property Features for 62-64 Wynne Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Road Access
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
washer and dryer
private yard
dishwasher
Building Details
Year Built
Buildings
Units
Construction
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
Susan McGeorge · License PA RS203548
(412) 963-7655
Source:
Indianlakerealty
Added: Jul 29
Changed: Nov 11
Last Checked: Nov 11 at 2:20AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This approximately 2,000-square-foot brick duplex at 62-64 Wynne Avenue contains two side-by-side units. Each residence has a living room, dining room, kitchen, two bedrooms, and a full bathroom, plus its own basement with laundry and storage. Laminate wood flooring runs throughout both units, and each has an adjacent yard. Water and sewer service are separately metered. The property was built in 1960 and is zoned R2.
One unit has been used as an active Airbnb, while the other is leased through October 31, 2026. The leased unit has a dishwasher and newer appliances, including a washer and dryer; its hot water heater was installed in July 2026. An outbuilding provides storage and may be convertible to a one-car garage. A shopping plaza with restaurants is nearby, with access to Downtown Pittsburgh, the Parkway, I-79, the airport, and public transportation. The property is in the Montour School District.
One unit has been used as an active Airbnb, while the other is leased through October 31, 2026. The leased unit has a dishwasher and newer appliances, including a washer and dryer; its hot water heater was installed in July 2026. An outbuilding provides storage and may be convertible to a one-car garage. A shopping plaza with restaurants is nearby, with access to Downtown Pittsburgh, the Parkway, I-79, the airport, and public transportation. The property is in the Montour School District.
Key Highlights
- Approximately 2,000 square feet in a side‑by‑side duplex
- Two bedrooms, one full bath, and a basement in each unit
- Separate water and sewer meters for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,777
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,540
$455.5K
Cap Rate 7%
$325,386
$325.4K
Cap Rate 9%
$253,078
$253.1K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$34.8K $17.40/SF
− Vacancy
−$2.3K −$1.13/SF
EGI
$32.5K $16.27/SF
− OpEx
−$9.8K −$4.88/SF
NOI
$22.8K $11.39/SF
Area
Pittsburgh, PA
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,540
Cap Rate 7%
$325,386
Cap Rate 9%
$253,078
Alternative Uses
Best Use
Multifamily LT 5
$325.4K
$284.7K – $379.6K
NOI $22,777 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$301.3K
$263.7K – $351.6K
NOI $21,094 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$637.0K
$557.3K – $743.1K
NOI $44,587 @ 7.0% cap · market cap 14.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
Explore this area
Business Placement
Demographics for 15205, PA
23,594
Population
12,241
Households
1.9
Avg Household Size
38
Median Age
40%
College-Educated
95%
High-School Grad
11.7 sq mi
ZIP Area
2,017
Density / Sq Mi
$70,954
Median Household Income
$47,785
Median Earnings
$1,166
Median Rent
$171,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Duplexes in Pittsburgh
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two side-by-side residences each include two bedrooms, a full bath, and a basement.
Where is this duplex located?
The property is located at 62-64 Wynne Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Approximately 2,000 square feet in a side‑by‑side duplex; Two bedrooms, one full bath, and a basement in each unit; Separate water and sewer meters for each residence
