Commercial Income
9140 Perry Highway Pittsburgh, PA 15237
9140 Perry Highway, Pittsburgh, PA, 15237
$750,000
For Sale
$750,000
Three separate units include two two-bedroom residences and a one-bedroom office unit.
Property Size4,300 SF
Price / SF$174.42
Days on Market72
Property Features for 9140 Perry Highway
General Information
- Standard status
- Active
- Size
- 4,300 SF
- Property subtype
- Multi-Unit / Triplex
Building Details
- Year Built
- 1953
Listing agency
POLLOCK REAL ESTATE, INC.
(412) 310-1172
Listed by
Sanford Pollock · License #RM422822
(412) 310-1172
Source
Compass
Added: May 13 Updated: Jul 23 at 6:36AM Checked: Jul 23 at 6:36AM
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 POLLOCK REAL ESTATE, INC.
Investment Insights
Based on property information with market context.
This zoned-commercial property is currently configured as three separate units: two two-bedroom units and one one-bedroom unit operating as an office. The building includes a renovated main house totaling 4,300 square feet, along with an attached two-story addition.
The property offers a garage and patio, and tenants reimburse utilities. The layout provides flexibility for a buyer seeking a primarily commercial use, primarily residential use, or a combination of home and office with income.
Income and expense details are available upon signing a confidentiality agreement. The listing agent is part of the ownership. The property may be sold together with a related listing identified as 9120 Perry Hwy (Listing number 1710096).
The property offers a garage and patio, and tenants reimburse utilities. The layout provides flexibility for a buyer seeking a primarily commercial use, primarily residential use, or a combination of home and office with income.
Income and expense details are available upon signing a confidentiality agreement. The listing agent is part of the ownership. The property may be sold together with a related listing identified as 9120 Perry Hwy (Listing number 1710096).
Key Highlights
- Zoned commercial; currently set up as 3 separate units (two 2‑bedroom units and one 1‑bedroom unit used as an office)
- 4300 SF renovated house with an attached two‑story addition
- One 1‑bedroom office unit included; property can be used commercially or residentially
Local Financial Insights For Office B
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 | $97.0k | $22.56 |
| − Vacancy | −$23.8k | −$5.53 |
| EGI | $73.2k | $17.03 |
| − OpEx | −$18.3k | −$4.26 |
| NOI | $54.9k | $12.77 |
4,300 SF · lease $22.56/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$784.7K
$686.6K – $915.5K
NOI $54,931 @ 7.0% cap · market cap 7.32%
Second Best
Multifamily LT 5
$699.6K
$612.1K – $816.2K
NOI $48,970 @ 7.0% cap · market cap 6.53%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,862 @ 7.0% cap · market cap 12.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Pollock Real Estate, ...
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three separate units include two two-bedroom residences and a one-bedroom office unit.
Where is this triplex located?
The property is located at 9140 Perry Highway Pittsburgh, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Zoned commercial; currently set up as 3 separate units (two 2‑bedroom units and one 1‑bedroom unit used as an office); 4300 SF renovated house with an attached two‑story addition; One 1‑bedroom office unit included; property can be used commercially or residentially
