1663 Suburban Ave Pittsburgh, PA 15216
Beechview NeighborhoodEstimated payment $2,030/month
Highlights
- 0.49 Acre Lot
- Public Transportation
- 2-minute walk to Westfield
About This Home
This well-maintained four-unit investment property in Pittsburgh's Beechview neighborhood presents an exceptional opportunity for investors seeking immediate cash flow. The property is 100% occupied and offers an impressive 9.0% cap rate, making it a strong addition to any investment portfolio. Each of the four units features a functional 1-bedroom, 1-bathroom layout with a combination of LVT and carpeting throughout. Several units showcase beautiful original woodwork, adding character and charm that tenants appreciate. Residents also enjoy the convenience of an on-site, shared coin-operated washer and dryer, providing an additional income stream.
Situated on a quiet dead-end street with minimal traffic, the property offers both on-street parking and two off-street parking spaces. It is ideally located less than one block from the Westfield PRT Station (Trolley), providing quick and convenient access to Downtown Pittsburgh, the West End, and the South Hills within minutes... and if driving, Only 9 Minutes to Point State Park!
The building is individually metered for electric, with tenants responsible for their own electric service. The owner pays for gas heat (hot water boiler system), water, sewer, common area electric, taxes, and insurance. With its strong occupancy history, desirable location, classic architectural details, and excellent investment metrics, this turnkey multifamily property is an outstanding opportunity for both seasoned and first-time investors.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,895
Year Built
- Built in 1900
Lot Details
- 21,344 Sq Ft Lot
- Lot Dimensions are 370x288x450x283
Home Design
- Quadruplex
- Brick Exterior Construction
- Asphalt Roof
Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- On-Street Parking
- Off-Street Parking
Community Details
Building Details
- Insurance Expense $2,747
- Gross Income $46,980
Additional Features
- 4 Units
- Public Transportation
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $462 | $71,900 | $21,500 | $50,400 |
| 2025 | $462 | $71,900 | $21,500 | $50,400 |
| 2024 | $1,657 | $71,900 | $21,500 | $50,400 |
| 2023 | $1,657 | $71,900 | $21,500 | $50,400 |
| 2022 | $1,635 | $71,900 | $21,500 | $50,400 |
| 2021 | $1,653 | $71,900 | $21,500 | $50,400 |
| 2020 | $1,627 | $71,900 | $21,500 | $50,400 |
| 2019 | $1,627 | $71,900 | $21,500 | $50,400 |
| 2018 | $1,305 | $71,900 | $21,500 | $50,400 |
| 2017 | $1,627 | $71,900 | $21,500 | $50,400 |
| 2016 | $340 | $71,900 | $21,500 | $50,400 |
| 2015 | $340 | $71,900 | $21,500 | $50,400 |
| 2014 | $1,591 | $71,900 | $21,500 | $50,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/17/2026 07/17/26 | For Sale | $340,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $305,000 | -- | |
| Deed | $305,000 | -- | |
| Deed | $305,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $244,000 | New Conventional | |
| Closed | $244,000 | New Conventional | |
| Closed | -- | No Value Available |
Source: West Penn Multi-List
MLS Number: 1765499
APN: 0035-H-00247-0000-00
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Information is deemed reliable but not guaranteed.
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