Building Details

Tenancy Multi

Listing Agency: COMPASS PENNSYLVANIA, LLC Show Phone

Listed By: Jackie Yamarick Show Phone

Source: Exprealty

Added: Jun 15 Changed: Jul 10 Last Checked: Aug 10 at 7:29AM

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Investment Insights

Based on property information with market context.

This is a five-unit multifamily property arranged with two 1-bedroom units and three 2-bedroom units, totaling eight bedrooms across the building. The property is described as fully occupied, and two of the units have been extensively updated within the last two years. The building offers a straightforward mix of unit types for tenants seeking either 1- or 2-bedroom living arrangements.

Located in the heart of Shadyside, the property is positioned just minutes from Walnut Street’s shopping and dining district. The public remarks also note convenient access to major employers, universities, hospitals, and public transportation, supporting the area’s tenant base comprised of professionals, graduate students, medical personnel, and long-term residents.

For buyers evaluating an owner-occupied or investment approach, the current fully occupied status and the documented recent updates in two units may be attractive from a management standpoint. The unit mix provides flexibility for leasing to households needing smaller or larger layouts, while the Shadyside location offers proximity to employment centers, educational institutions, and healthcare facilities, along with nearby transit options.

Key Highlights

• 5‑unit multifamily in Shadyside, currently fully occupied
• 8 total bedrooms: two 1‑bedroom units and three 2‑bedroom units
• Two units were extensively updated within the last two years

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Electrical Service Law Firm Accounting Firm Florist Computer & Electronic Repair

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

5

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

3,702

Businesses Nearby

Explore this area Business Placement

Demographics for 15232, PA

12,042

Population

6,740

Households

1.8

Avg Household Size

29

Median Age

81%

College-Educated

99%

High-School Grad

0.8 sq mi

ZIP Area

15,053

Density / Sq Mi

$66,139

Median Household Income

$40,158

Median Earnings

$1,388

Median Rent

$522,000

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - Five-unit multifamily with two recent updates and eight total bedrooms, currently fully occupied in Shadyside.

Where is this apartment building located?

The property is located at 659 Maryland Ave Shadyside, PA.

What is the asking price?

The asking price for this property is $1,045,000.

What are key features of this property?

This property features: 5‑unit multifamily in Shadyside, currently fully occupied; 8 total bedrooms: two 1‑bedroom units and three 2‑bedroom units; Two units were extensively updated within the last two years