Back 1663 Suburban Avenue
Off Market

1663 Suburban Avenue

Pittsburgh PA 15216

2
0.49 ac.
Duplex
Last sold for $340,000
Mike PodolinskyMike Podolinsky, last sold this property on 27 August 2026 after 39 days on market.

Overview

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.

Features

2 carspaces
0.49 ac. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Pittsburgh over the last 12 months, the estimated median property value of 1663 Suburban Avenue is $285k.

Median value
$285k
Estimated value range
$121k - $430k
Median days on market
15
Estimated value trend
22%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Pittsburgh. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1663 Suburban Avenue

2026
Sold
$340,000
27 Aug 2026 by Mike Podolinsky, of Coldwell Banker Realty

Happy sellers in Pittsburgh

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We have insufficient information to provide an overview of customer satisfaction for Pittsburgh. Viewing the agent profiles, reviews and sales for Pittsburgh can provide insights for this location.

Local market activity for duplexes in Pittsburgh

In the last 12 months, 27 duplexes similar to 1663 Suburban Avenue, have been sold.

This represents a 33% increase in duplexes sales when compared to the previous 12 months.

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