516 Ridge Avenue

East Pittsburgh PA 15112

0.12 ac.

Duplex

Last sold for $200,000

Susan Kaczorek, last sold this property on 09 December 2025 after 69 days on market.

Overview

Fantastic three-unit brick building situated on a double-level lot, offering room for potential off-street parking or a tenant outdoor space. The first-floor unit features three bedrooms, while the second floor offers both a one-bedroom and a two-bedroom unit. The owner has remodeled the units with updated flooring and fresh paint, creating clean and move-in-ready spaces. Each unit has separate utilities, including three heating boilers, hot water tanks, and three electric/water meters. Age of mechanics vary with some recently updated. Current rents are estimated based on past performance, with potential to explore Section 8 for higher returns. This is a solid brick property in a convenient location. The current owner has maintained it well, with recent updates including roof resealing (2025), upgraded electrical, plumbing, and more. Don't miss out on this money maker that once rented will produce a solid cap rate for your investment portfolio.

Features

0.12 ac. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in East Pittsburgh over the last 12 months, the estimated median property value of 516 Ridge Avenue is $200k.

Median value

$200k

Estimated value range

$52.5k - $299k

Median days on market

Estimated value trend

11%

increase over the last 12 months

Average days on market is based on recent, comparable sales in East 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 516 Ridge Avenue

2025

Sold

$200,000

09 Dec 2025 by Susan Kaczorek, of RE/MAX SELECT REALTY

Happy sellers in East Pittsburgh

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