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Tenant-Occupied Duplex Income Property
For Sale
$150,000
Pending

621-623 Ridge Avenue, Carnegie, PA 15106

Duplex with two separate 2-bedroom, 1-bath units, each with private basement space.

Property SizeContact for details
Days on Market74

Property Features for 621-623 Ridge Avenue

General Information

Standard status Pending
Property subtype Multi-Unit / Duplex
Zoning RES1

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,351

Amenities

Yes
0.0
Asphalt

Building Details

Year Built 1900
Listing Agency: JANUS REALTY ADVISORS
Listed By: Michael Pohlot · License #RS347348
Source: Compass
Added: Jun 24 Changed: Aug 8 Last Checked: Jul 24 at 3:15PM

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 JANUS REALTY ADVISORS

Investment Insights

Based on property information with market context.

This duplex includes two separate living spaces at 621-623 Ridge Ave., with each unit offering two bedrooms and one full bathroom. Both units have functional kitchens and private basements that provide additional storage. The property features major mechanical updates, including newer furnaces for both units, windows reported in good condition, and hot water tanks in good working order. One bathroom has been updated, and the kitchens are in solid condition, with cosmetic updates throughout providing an opportunity to improve the interior presentation.

Both units are currently tenant occupied on month-to-month leases, offering flexibility for investors or owner-occupants. The property is located in Carnegie with convenient access to downtown Pittsburgh and major roadways including I-376, I-79, and Route 50, along with nearby retail and dining options.

The configuration supports two independent rentals with separate basements, which can simplify day-to-day occupancy management while allowing room for updates to enhance overall income potential.

Key Highlights

  • Duplex at 621‑623 Ridge Ave., Carnegie, PA 15106, featuring two separate 2‑bedroom, 1‑bath units
  • Each unit has its own private basement for additional storage space
  • Both units are tenant occupied on month‑to‑month leases

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Hair Salon Daycare Center Skin Care Clinic Barber Shop

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
Highway access

Location Intelligence

Trade Area within ½ mile

965
Businesses Nearby

Demographics for 15106, PA

19,166
Population
10,039
Households
1.9
Avg Household Size
43
Median Age
36%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
1,917
Density / Sq Mi
$72,112
Median Household Income
$50,561
Median Earnings
$990
Median Rent
$190,700
Median Home Value

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?
Duplex - Duplex with two separate 2-bedroom, 1-bath units, each with private basement space.
Where is this duplex located?
The property is located at 621-623 Ridge Avenue Carnegie, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Duplex at 621‑623 Ridge Ave., Carnegie, PA 15106, featuring two separate 2‑bedroom, 1‑bath units; Each unit has its own private basement for additional storage space; Both units are tenant occupied on month‑to‑month leases
More about this property
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