31 Wyoming St Pittsburgh, PA 15211
This exceptional multifamily investment opportunity presents 15 units spread across six buildings in Pittsburgh's desirable Mount Washington neighborhood. The property boasts stunning panoramic city views and comprises one single-family home, two duplexes, two three-unit buildings, and one four-unit building requiring renovation, offering significant value-add potential. Currently generating a strong NOI of $122,585, representing an 8.17% cap rate, the pro-forma NOI projects to $183,415, a 12.23% cap rate, reflecting the upside potential from the planned renovations and market rent increases. The asking price is $1,500,000, or $100,000 per unit. Units feature desirable amenities including in-unit laundry, dishwashers, and air conditioning, with most kitchens recently updated. The property benefits from tenants paying the majority of utilities. Located on Wyoming Street, near Shiloh Street's vibrant restaurant and nightlife scene, this property is situated in one of Pittsburgh's most sought-after rental markets, ensuring strong occupancy and rental income. This is a rare chance to acquire a well-located, value-add multifamily property with substantial upside in a thriving Pittsburgh neighborhood. The property is classified as Class C.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.