Address
304 S Birmingham, Pittsburgh, PA
Price
$ 1,650,000
Property Attributes
- MLS#1753953
- TypeSingle Family
- Listing Status Contingent
- CountyAllegheny-North
- CityPittsburgh
- AreaAvalon
- Zip15202
- Style
- Year Built1900
- Taxes$ 25665
- Price$ 1,650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.2062 Acres
Data Source:
West Penn MLS (WPMLS)
Property Description
304 S Birmingham Ave is a well-maintained multifamily property consisting of 19 units (12 one bedroom units, 3 two bedroom units, 4 studio units). The property features frame construction with a brick exterior. Unit interiors are mixed however most units have been recently renovated and feature vinyl plank flooring, neutral color scheme, updated bathrooms and kitchens, and well-maintained plumbing and electrical fixtures. Community amenities include on-site laundry and keypad access to building wings based on tenancy. This offering represents a compelling acquisition opportunity for investors seeking stable, income-producing real estate with significant value-add upside in one of the region's strongest performing submarkets. Located in the heart of Avalon, 304 S Birmingham comprises 19 residential units. The property is currently generating an Effective Gross Income of $203,362, and a Net Operating Income of $120,954, reflecting a 7.3% capitalization rate on the asking price. Potential building income is as high as $305,302 with ACHA housing tenants, which would represent a 13.7% cap rate at purchase price. The asset benefits from a diversified tenant base, strong in-place occupancy, and a proven operating history that underscores the stability of the cash flows.
| Price History | |
|---|---|
| 5/15/2026 | Listed $1,650,000 |
General Features
| Utilities | ElectricityAvailable,NaturalGasAvailable,SewerAvailable,WaterAvailable |
|---|---|
| Roof | Other |
| Zoning | R-M |
| Construction Materials | Brick,Frame |
| Year Built | 1900 |
| Property Subtype | Other |
| Gross Income | 203362 |
| Community Features | PublicTransportation |
| County | Allegheny-North |
| Net Operating Income | 120954 |
| Insurance Expense | 6841 |
| Property Type | ResidentialIncome |
| MaintenanceExpense | 9765 |
| Status | Contingent |
| City | Avalon |
| High School District | Northgate |
| Zoning Description | R-M |
| MLS Area | Avalon |
| Lot Size Units | Acres |
| Tax Annual Amount | 25665 |
| MLS Area Minor | Avalon |
| Standard Status | ActiveUnderContract |
| Occupancy Type | Tenant |
| Middle/Junior School District | Northgate |
| Elementary School District | Northgate |
| Tax Assessed Value | 556500 |
| Virtual Tour | https://www.propertypanorama.com/instaview-tour/wpn/1753953 |
| Property Sub Type Additional | Other |
| PostalCity | Pittsburgh |
Interior Features
| Basement (Y/N) | true |
|---|
Exterior Features
| Parking Features | OnStreet |
|---|---|
| Lot Size Area | 0.2062 |
| Lot Dimensions | 0.2062 |
| Lot Size Acres | 0.2062 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 15202
Price
Taxes
Year Built
West Penn MLS, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
