Building Details

Number of units 2

Building materials Brick

Roof type Asphalt

Listing Agency: COLDWELL BANKER REALTY · Coldwell Banker Real Estate r***@coldwellbanker.com

Listed By: Robert Strohm · License #RS189629 Show Phone

Added: Apr 3 Changed: Oct 25 Last Checked: Oct 25 at 1:06PM

Report an Issue

MLS# 1746511

Copyright © 2026 West Penn Multi List, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This mixed-use property at 626-628 Pittsburgh Street has approximately 2,880 square feet, with commercial space on the first floor and two apartments above. Each apartment includes a refrigerator and range, and the building has a full basement.

The 0.1095-acre property is in Springdale Boro, Pennsylvania. Brick construction, an asphalt roof, and on-street parking are noted.

Key Highlights

• Approximately 2,880 square feet
• Two upstairs apartments, each with a refrigerator and range
• Commercial space occupies the first floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$22,406

Cap Rate

8.62%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$448,120 $448.1K

Cap Rate 7%

$320,086 $320.1K

Cap Rate 9%

$248,956 $249.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,880 SF

Gross rent

$43.2K $15.00/SF

− Vacancy

−$2.5K −$0.86/SF

EGI

$40.7K $14.15/SF

− OpEx

−$18.3K −$6.37/SF

NOI

$22.4K $7.78/SF

Area

Allegheny County, PA

Vacancy

5.70%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$448,120

Cap Rate 7%

$320,086

Cap Rate 9%

$248,956

Alternative Uses

Best Use

Retail

$479.5K

$419.6K – $559.4K (±1% cap)

NOI $33,566 @ 7.0% cap · market cap 12.91%

Second Best

Mixed Use

$416.6K

$364.5K – $486.0K (±1% cap)

NOI $29,160 @ 7.0% cap · market cap 11.22%

Theoretical Best

Office A

$733.6K

$641.9K – $855.9K (±1% cap)

NOI $51,351 @ 7.0% cap · market cap 19.76%

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

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Bakery (Bike/Boat/Book/etc) Store Barber Shop Kitchen & Bath Showroom

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

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

316

Businesses Nearby

Explore this area Business Placement

Demographics for 15144, PA

3,998

Population

2,065

Households

1.9

Avg Household Size

46

Median Age

28%

College-Educated

95%

High-School Grad

2.1 sq mi

ZIP Area

1,904

Density / Sq Mi

$58,925

Median Household Income

$43,059

Median Earnings

$906

Median Rent

$140,100

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Similar For Sale Nearby

See more

Six-Unit Mixed-Use Property

824 - 826 Pittsburgh Street, Springdale, PA 15144

Contact for pricing

4,839 SF

View details

Flexible Industrial-Commercial Building

130 Walters Ln, Springdale, PA 15144

$175,000

7,574 SF

View details

Equipped Breakfast and Lunch Diner

2800 Freeport Rd, Springdale, PA 15144

$299,000

0.48 Acres

View details

Former Church Campus For Sale

750 Pittsburgh St, Springdale, PA 15144

Contact for pricing

37,700 SF

View details

Warehouse with Office Area

999 Sherosky Way, Springdale, PA 15144

Contact for pricing

72,000 SF

View details

Four-Unit Quadplex

242 Center Street, Springdale, PA 15144

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Mixed-use property - Two upper-floor apartments each include a refrigerator and range.

Where is this mixed-use property located?

The property is located at 626-628 Pittsburgh Street Springdale, PA.

What is the asking price?

The asking price for this property is $259,900.

What are key features of this property?

This property features: Approximately 2,880 square feet; Two upstairs apartments, each with a refrigerator and range; Commercial space occupies the first floor