7218 Meade St, Pittsburgh, PA 15208
For Sale
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Discover an exceptional investment opportunity in the heart of Point Breeze with this renovation of a 4-unit apartment building. Over the past three years, the entire property has undergone extensive updates, ensuring modern comfort and convenience for tenants. The building comprises two spacious 4-bedroom, 2-bath units and two comfortable 2-bedroom, 1-bath units. Each unit boasts a contemporary design and layout, attracting quality tenants and maximizing rental income potential. The 4-bedroom units currently average $1,750 per month, while the 2-bedroom units average $1,350 per month. Tenants appreciate the convenience of paying all utilities, including a water reimbursement, reducing overhead for the property owner. The property's location in the serene, predominantly residential neighborhood of Point Breeze offers a perfect blend of suburban tranquility and urban accessibility. Just a block from several bus stops and a short distance from Frick Park, Bakery Square, and Regent Square, residents enjoy easy access to public transportation, outdoor activities, shopping, dining, and entertainment. Nearby amenities include the Meridian shopping complex, Trader Joe's, Giant Eagle Market District, Bakery Galley, Alta Via, and LA Fitness.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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.