SoldDec 9, 2025

Listed by Susan Kaczorek from RE/MAX SELECT REALTY

Bought with Matt O'Donnell from RE/MAX Realty Brokers

Source: West Penn Multi List, Inc. #1723464

516 Ridge Avenue, East Pittsburgh, PA, 15112

$200,000

0.12 ac.

Duplex

28 days on the market

Sold: Dec 9, 2025

What's around 516 Ridge Avenue

About this property

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.

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