Six-Unit Mixed-Use
For Sale
Contact for pricing
824 - 826 Pittsburgh Street, Springdale, PA 15144
Two storefronts, four apartments, and a rear duplex combine commercial and residential space in one property.
Property Size4,839 SF
Price / SF$99.19
Days on Market127
Property Features for 824 - 826 Pittsburgh Street
General Information
Standard status
Active
Size
4,839 SF
Property subtype
Mixed Use
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$32,834
Additional Details
Highway Access
Yes
Multifamily Units
4
Amenities
dishwasher
air conditioning
Building Details
Buildings
2
Stories
2
Units
6
Tenancy
Multi
Listing Agency:
Allegheny Multifamily
Listed By:
David Poluszejko · License #RS296752
Source:
Crexi
Added: Jun 12
Changed: Oct 7
Last Checked: Oct 16 at 6:16AM
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 Allegheny Multifamily
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Investment Insights
Based on property information with market context.
This 4,839-square-foot mixed-use property at 824 - 826 Pittsburgh Street in Springdale, PA, includes six units across two structures. The front building contains two storefronts with two apartments above, while a duplex occupies the rear of the property. Each unit includes a dishwasher and air conditioning.
The property is approximately 17 miles northeast of Pittsburgh in the Pittsburgh suburb of Springdale. Its setting includes a walkable business district with local shops and the Leaning Cask microbrewery, while nearby Route 28 provides access toward Downtown Pittsburgh. The combination of storefront and apartment space creates a varied configuration within a single asset.
The property is approximately 17 miles northeast of Pittsburgh in the Pittsburgh suburb of Springdale. Its setting includes a walkable business district with local shops and the Leaning Cask microbrewery, while nearby Route 28 provides access toward Downtown Pittsburgh. The combination of storefront and apartment space creates a varied configuration within a single asset.
Key Highlights
- Six units totaling 4,839 square feet
- Front building includes 2 storefronts and 2 apartments
- Rear structure contains a duplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,136
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,720
$822.7K
Cap Rate 7%
$587,657
$587.7K
Cap Rate 9%
$457,067
$457.1K
Market Conditions
NOI Build-Up for 4,839 SF
Gross rent
$62.1K $12.84/SF
− Vacancy
−$3.4K −$0.70/SF
EGI
$58.8K $12.14/SF
− OpEx
−$17.6K −$3.64/SF
NOI
$41.1K $8.50/SF
Area
Allegheny County, PA
Vacancy
5.42%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,720
Cap Rate 7%
$587,657
Cap Rate 9%
$457,067
Alternative Uses
Best Use
Retail
$805.7K
$705.0K – $940.0K
NOI $56,399 @ 7.0% cap · market cap 11.75%
Second Best
Mixed Use
$699.9K
$612.4K – $816.6K
NOI $48,995 @ 7.0% cap · market cap 10.21%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,280 @ 7.0% cap · market cap 17.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
311
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two storefronts, four apartments, and a rear duplex combine commercial and residential space in one property.
Where is this mixed-use property located?
The property is located at 824 - 826 Pittsburgh Street Springdale, PA.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Six units totaling 4,839 square feet; Front building includes 2 storefronts and 2 apartments; Rear structure contains a duplex
