324 South Negley Avenue

Pittsburgh, PA 15232

$1,720,000
Price
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Baths
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Description

Fantastic Investment Opportunity! Fully renovated 10 Unit Brick Building in the heart of Shadyside! A very rare find! 8 Efficiencies, 1 2BR Unit and 1 3BR Unit. Amazing curb appeal and incredibly well-maintained common areas- a trophy asset to own! 8 units occupied as year lease rentals, 1 unit being utilized as an Air BnB, and 1 unit that was recently rehabbed and ready to rent! 1 Unit in Basement, 4 Units 1st Floor, 4 Units 2nd Floor, 1 Unit 3rd Floor. Many upgrades during ownership including:...Fantastic Investment Opportunity! Fully renovated 10 Unit Brick Building in the heart of Shadyside! A very rare find! 8 Efficiencies, 1 2BR Unit and 1 3BR Unit. Amazing curb appeal and incredibly well-maintained common areas- a trophy asset to own! 8 units occupied as year lease rentals, 1 unit being utilized as an Air BnB, and 1 unit that was recently rehabbed and ready to rent! 1 Unit in Basement, 4 Units 1st Floor, 4 Units 2nd Floor, 1 Unit 3rd Floor. Many upgrades during ownership including: 1 Furnace, 2 ACs, Carpet, Landscaping, 2 Elec Panels, Unit 1 & 4, Gas Heater. 1 Gas, 1 Electric, and 1 water meter. 2 Furnaces/2 AC units and 2 hot water tanks split the building. Electric sub panels on each floor. Basement has laundry room. 5 off street parking spaces! Turn-key cash flow opportunity with strong appreciation potential because of this amazing location! Don't miss out on this building! Perfect for any investment portfolio or occupant looking to own and collect rent!
  1. Listed by HOWARD HANNA REAL ESTATE SERVICES

Property Details for 324 South Negley Avenue

Parking Spaces
5
Zoning
COMM
LISTING UPDATED: 02/13/2025 01:02 PM

Property Details for 324 South Negley Avenue

StatusActive
MLS #1682076
Days on Market88
Taxes$12,437 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeMulti-Unit / Other
Year Built1900
Lot Size0.00 AC / 0 SF
CountyAllegheny County

Building Information for 324 South Negley Avenue

Stories-Residences10Year Built1900Lot Size0.00 AC / 0 SF

Property Information for 324 South Negley Avenue

Summary
Location and General Information
  • City Name: Pittsburgh
  • Postal Code: 15232
  • County Or Parish: Allegheny-East
  • County M 360: Allegheny
  • State Or Province: Pennsylvania
  • Public Transportation: Yes
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 0051-D-00339-0000-00
  • Taxes: $12,437
School Information
  • School District: Pittsburgh
  • School Transportation: Yes
Parking
  • Parking Description: Off-Street Parking
Property
Lot Information
  • Acres: 0.0
  • Lot Size: 46X122
  • Type of Property: Other
  • Area: Shadyside
  • Construction: Brick
Property and Assessments
  • Insurance: $4,400
  • Maintenance: $12,000
  • Year Built Numeric: 1900
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 50
Utilities
  • Utilities: $14,000
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Asphalt
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: PartFin
Multi Family
Multi-Family Information
  • Num of Units: 10
  • Total Numof Units: 10
Income and Expenses
  • Gross Annual Income: $125,000
Unit Information
Unit 1
  • Unit Full Baths 1: 1
  • UNIT Monthly Rent 1: 885+
  • Unit Num Bedrooms 1: 0
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 885+
  • Unit Num Bedrooms 2: 0
Unit 3
  • Unit Full Baths 3: 1
  • UNIT Monthly Rent 3: 820+
  • Unit Num Bedrooms 3: 0
Unit 4
  • Unit Full Baths 4: 1
  • UNIT Monthly Rent 4: 885+
  • Unit Num Bedrooms 4: 0
Unit 5
  • Unit Full Baths 5: 1
  • UNIT Monthly Rent 5: 885+
  • Unit Num Bedrooms 5: 0
Unit 6
  • Unit Full Baths 6: 1
  • UNIT Monthly Rent 6: 820
  • Unit Num Bedrooms 6: 0
Unit 7
  • Unit Full Baths 7: 1
  • UNIT Monthly Rent 7: 850
  • Unit Num Bedrooms 7: 0
Unit 8
  • Unit Full Baths 8: 1
  • UNIT Monthly Rent 8: 885+
  • Unit Num Bedrooms 8: 0
Unit 9
  • Unit Full Baths 9: 1
  • UNIT Monthly Rent 9: 1315+
  • Unit Num Bedrooms 9: 2
Unit 10
  • Unit Full Baths 10: 1
  • UNIT Monthly Rent 10: 2178+
  • Unit Num Bedrooms 10: 3
Rental
Rental Information
  • Tenant Occupied: Yes

Property History for 324 South Negley Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 324 South Negley Avenue

Taxable ValueLand$80,300Additions$459,500Total$539,800
Tax Record2024$12,437 ($1,036 / month)
Home Facts
Lot Size6,058 SqFtStyleMulti-Family Res (5+ Units)CountyALLEGHENYAPN51-D-339

Schools near 324 South Negley Avenue

This home is within Pittsburgh Public Schools.
Rating
School
Type
Grades
Distance
Pittsburgh Woolslair K-5
Public - K to 5
Pittsburgh Arsenal 6-8
Public - 6 to 8
Pittsburgh Milliones 6-12
Public - 6 to 12
Pittsburgh Montessori K-8
Public - PK to 5
Rating
School
Distance
Pittsburgh Woolslair K-5
PublicK to 5

Pittsburgh Arsenal 6-8
Public6 to 8

Pittsburgh Milliones 6-12
Public6 to 12

Pittsburgh Montessori K-8
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 324 South Negley Avenue, Pittsburgh, PA 15232

324 South Negley Avenue is for sale in Pittsburgh, PA 15232. This property was listed for sale on December 8, 2024 by HOWARD HANNA REAL ESTATE SERVICES, it's currently listed at $1,720,000. It has been on the market for a total of 88 days and was last sold on February 11, 2021. This listing's school district is Pittsburgh Public Schools. Nearby schools include Pittsburgh Woolslair K-5, Pittsburgh Arsenal 6-8 and Pittsburgh Milliones 6-12. 324 South Negley Avenue is a 0-bed, 0-bath, built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HOWARD HANNA REAL ESTATE SERVICES

The information is being provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 02/13/2025 01:02 PM