Two-Unit Residential Income
626-628 Pittsburgh Street Springdale, PA 15144
626-628 Pittsburgh Street, Springdale, PA, 15144
$259,900
For Sale
$259,900
MULTI_FAMILY - Springdale, PA
Property Size2,880 SF
Lot Size0.11 Acres
Price / SF$90.24
Days on Market110
Property Features for 626-628 Pittsburgh Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- com
- Parking
- 2
- Parking features
- On Street
- Standard status
- Active
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2645
Building Details
- Number of units
- 2
- Roof type
- Asphalt
Listing Agency
COLDWELL BANKER REALTY
(412) 963-7655
17 Brilliant Avenue, Suite 100, Pittsburgh, PA
Listed by
Robert Strohm · License #RS189629
(412) 963-7655
Added: Apr 3 Updated: Jul 18 at 9:43 am Checked: Jul 21 at 6:06 am
MLS# 1746511
Listing URL
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.
Investment Insights
Based on property information with market context.
This two-unit duplex includes two apartments and a full basement. The property comes with appliances, including one refrigerator and one range in each of the two apartments. Tenancy is in place with one first-floor apartment currently rented, and the upstairs apartments described as occupied except for one unit noted as available.
The first-floor unit is listed as rented for $1,030 plus utilities, with a stated change beginning August 1 to $825. Upstairs, Apt 3 is listed at $850 per month and Apt 2 at $825 per month, with one of those units noted as available. Tenants pay all utilities.
The duplex is identified for sale as 626-628 Pittsburgh Street in Springdale, Pennsylvania.
The first-floor unit is listed as rented for $1,030 plus utilities, with a stated change beginning August 1 to $825. Upstairs, Apt 3 is listed at $850 per month and Apt 2 at $825 per month, with one of those units noted as available. Tenants pay all utilities.
The duplex is identified for sale as 626-628 Pittsburgh Street in Springdale, Pennsylvania.
Key Highlights
- Commercial property approx. 2,880 SF more or less with 2 apartments
- 1st‑floor commercial space rented for $1,030 + utilities; starting Aug 1 rent is $825
- Upstairs units: Apt 3 rents for $850 and Apt 2 rents for $825/month; Apt 2 is available
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.2k | $15.00 |
| − Vacancy | −$2.5k | −$0.86 |
| EGI | $40.7k | $14.15 |
| − OpEx | −$18.3k | −$6.37 |
| NOI | $22.4k | $7.78 |
2,880 SF · lease $15.00/SF/yr · vacancy 5.70% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$349.7K
$306.0K – $408.0K
NOI $24,482 @ 7.0% cap · market cap 9.42%
Second Best
Apartment 5plus
$320.1K
$280.1K – $373.4K
NOI $22,406 @ 7.0% cap · market cap 8.62%
Theoretical Best
Office A
$733.6K
$641.9K – $855.9K
NOI $51,351 @ 7.0% cap · market cap 19.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-apartment duplex with a full basement and appliances included, with tenants paying all utilities.
Where is this duplex 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: Commercial property approx. 2,880 SF more or less with 2 apartments; 1st‑floor commercial space rented for $1,030 + utilities; starting Aug 1 rent is $825; Upstairs units: Apt 3 rents for $850 and Apt 2 rents for $825/month; Apt 2 is available
