8 months on rocket

4040 Penn Ave, Lawrenceville, PA, 15224

$399,000

Home List Price

$4,738*

Closing Credit

4 Bedrooms
2 Full Baths
1,634 SqFt
$244/SqFt
House
Schools Nearby

Location

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4040 Penn Ave, Pittsburgh$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1920
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #1618651
Lot Size0.12 Acres
StatusActive

About 4040 Penn Ave

Introducing 4040 Penn Avenue, a freshly painted and deep cleaned single family home with off-street parking for 3 vehicles and an expansive outdoor deck and patio of nearly 800 square feet, perfect for entertaining. Located at the intersection of Lawrenceville and Bloomfield and with easy access to the Strip District and Garfield, you'll enjoy all that these vibrant neighborhoods have to offer. The interior includes 4 bedrooms, 2 full baths, basement storage, and numerous flex spaces across three finished floors. With a newer roof, updated mechanicals and central air, it's ready for its next act as an investment property or renovated owner-occupied home, suitable for Airbnb or live/work arrangements. Functional layout is also easily reconfigured. Zoned as LNC - Local Neighborhood Commercial, this property offers potential for various uses. Its convenient location provides easy access to hospitals, public transit, and more. Don't miss the chance to make this property your own.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Two Story
  • Year Built: 1920
  • Stories: 2
  • Living Area: 1,634 SqFt

Listing Office:

  • Office Name: Compass Pennsylvania, Llc
  • Office Phone: (412) 307-7394
  • Listing Agent: Tim Gyves

Interior Features

Interior Information:

  • Appliances: Other, Dryer, Dishwasher, Refrigerator, Stove, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Pittsburgh Milliones, Public District Grades EE-12
  • Pittsburgh Arsenal, Public District Grades 6-8
  • Pittsburgh Woolslair, Public District Grades EE-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $244/SqFt
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Housing Market Comparison

See how this home compares to others in Pittsburgh, PA.

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Pittsburgh, PA

City

Med. Sold Price

$239.9K

Med. Price/SqFt

$165

Avg. Days On Market

59

# of Sold Homes

473

4040 Penn Ave vs Pittsburgh

261 DAYS ON ROCKET

+202 Days

$399,000

+$159K More

$244/SqFt

+$78 More

KEY TAKEAWAY

This property is $159K more than the Median Sold Price and $78/SqFt more than other homes in Pittsburgh, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WESTPENN
  • MLS Number: #1618651

Listing Office:

  • Office Name: Compass Pennsylvania, Llc
  • Office Phone: (412) 307-7394
  • Listing Agent: Tim Gyves

IDX The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2024 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 1:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1282707
4
/10

  • Pittsburgh Woolslair

  • 501 40th St

  • 0.14 miles

  • Public District Grades EE-5

Middle School

school-card-donut-1282708
8
/10

  • Pittsburgh Arsenal

  • 220 40th St

  • 0.37 miles

  • Public District Grades 6-8

High School

school-card-donut-1282709
2
/10

  • Pittsburgh Milliones

  • 3117 Centre Ave

  • 1.17 miles

  • Public District Grades EE-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,833. Most Pittsburgh, PA residents have annual incomes less than $35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4040 Penn Ave

What is the listing price of this property?

The listing price of 4040 Penn Ave property is $399,000.

What type of property is this?

The property 4040 Penn Ave is a house located in Lawrenceville, Pennsylvania, 15224.

Is this property for sale now?

Active Listing: 4040 Penn Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4040 Penn Ave are:
Pittsburgh Woolslair: GreatSchools Rating 4/10
Pittsburgh Arsenal: GreatSchools Rating 8/10
Pittsburgh Milliones: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 4040 Penn Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4040 Penn Ave is 1,634 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4040 Penn Ave is 1920.

Rocket Homes›Pennsylvania›Allegheny County›Pittsburgh›15224›4040 Penn Ave

This home is located at 4040 Penn Ave in Lawrenceville, PA and zip code 15224 in the Bloomfield neighborhood. This 1,634 square foot home, which was built in 1920, sits on a 0.12 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 10, 2023 and is currently priced at $399,000.

Over 139 listings were sold over their listed price in March 2024 in Pittsburgh, PA. In the same period over 253 listings were sold below the listed price and 81 listings were sold for the listed price. The inventory of homes for sale in Pittsburgh, PA between February 2024 and March 2024 increased by 13.3%. The median list price of listings available in March 2024 was $239,938, while the average time on the real estate market was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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