13 days on rocket

7209 Penn Ave, Point Breeze, PA, 15208

$849,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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7209 Penn Ave, Pittsburgh$849,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOff Street
Year Built1900
BasementYes
MLS #1654480
Lot Size0.39 Acres
StatusActive

About 7209 Penn Ave

Located across from the Frick Estate and Museum, this profitable triplex in Point Breeze offers a cap rate of 7.7% and zero vacancy. The first floor unit features 3BR/2BA, over 2000 sq ft, and a front porch with Frick Mansion views. The second floor has 2BR/1BA, a large eat-in kitchen, and oversized windows. The third floor offers 2BR/1BA, high ceilings, and ample natural light. Each unit includes updated kitchens and bathrooms, in-unit laundry, and 2 off-street parking spaces. An artist studio in the garage, rented for 10+ years, provides extra income. Close to Rockwell Park, Fresh International Market, East End Food Co-op, and Frick Park, plus Bakery Square, Trader Joe’s, East Liberty restaurants, Whole Foods, and upcoming Fresh Market and Market District. A prime investment opportunity blending historical charm and modern living. This triplex is an excellent choice for first-time homeowners because it offers the potential for significant rental income to offset mortgage costs!

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: Howard Hanna Real Estate Services
  • Office Phone: (412) 361-4000
  • Listing Agent: Michael DiFiore

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.39 Acres

School Info

Assigned Schools Information:

  • Pittsburgh Allderdice High School, Public District Grades 9-12
  • Pittsburgh Sterrett, Public District Grades 6-8
  • Pittsburgh Minadeo, Public District Grades EE-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $849,000
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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

$241.5K

Med. Price/SqFt

$167

Avg. Days On Market

39

# of Sold Homes

618

7209 Penn Ave vs Pittsburgh

13 DAYS ON ROCKET

-26 Days

$849,000

+$607.4K More

KEY TAKEAWAY

This property is $607.4K more than the Median Sold Price in Pittsburgh, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: WESTPENN
  • MLS Number: #1654480

Listing Office:

  • Office Name: Howard Hanna Real Estate Services
  • Office Phone: (412) 361-4000
  • Listing Agent: Michael DiFiore

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: 6/3/2024, 9:20:32 AM 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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$4,305

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,612

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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-7974158
6
/10

  • Pittsburgh Minadeo

  • 6502 Lilac St

  • 2.19 miles

  • Public District Grades EE-5

Middle School

school-card-donut-7974159
4
/10

  • Pittsburgh Sterrett

  • 7100 Reynolds St

  • 0.30 miles

  • Public District Grades 6-8

High School

school-card-donut-7974160
4
/10

  • Pittsburgh Allderdice High School

  • 2409 Shady Ave

  • 1.68 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,250. The most common annual income of people living in Pittsburgh, PA is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Allegheny County›Pittsburgh›15208›7209 Penn Ave

This home is located at 7209 Penn Ave in Point Breeze, PA and zip code 15208 in the Point Breeze North neighborhood. This home, which was built in 1900, sits on a 0.39 acre lot. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $849,000.

In May 2024, from all listings sold in Pittsburgh, PA there were more than 246 sold above asking price, over 279 sold below and more than 93 were sold right at the asked price. The inventory of homes for sale in Pittsburgh, PA between April 2024 and May 2024 increased by 9.6%. In May 2024 median list price was $241,528 and the average listing age was 39 days.

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

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