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Sold for $340,000
  • $340,000

    1663 Suburban Ave, Pittsburgh, PA 15216

    4beds
    4baths
    --sqft
    Quadruplex, Multi Family, Multi Family
    Built in 1900
    -- sqft lot
    $336,400 Zestimate®
    $--/sqft
    $1,377 Estimated rent

    Home value

    $336,400

    $320,000 - $353,000

    $1,377/mo

    Zestimate® history
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    What's special

    Beautiful original woodworkOn-street parkingTwo off-street parking spacesClassic architectural details
    This well-maintained four-unit investment property in Pittsburgh's Beechview neighborhood presents an exceptional opportunity for investors seeking immediate cash flow. The property is 100% occupied and offers an impressive 9.0% cap rate, making it a strong addition to any investment portfolio. Each of the four units features a functional 1-bedroom, 1-bathroom layout with a combination of LVT and carpeting throughout. Several units showcase beautiful original woodwork, adding character and charm that tenants appreciate. Residents also enjoy the convenience of an on-site, shared coin-operated washer and dryer, providing an additional income stream. Situated on a quiet dead-end street with minimal traffic, the property offers both on-street parking and two off-street parking spaces. It is ideally located less than one block from the Westfield PRT Station (Trolley), providing quick and convenient access to Downtown Pittsburgh, the West End, and the South Hills within minutes... and if driving, Only 9 Minutes to Point State Park! The building is individually metered for electric, with tenants responsible for their own electric service. The owner pays for gas heat (hot water boiler system), water, sewer, common area electric, taxes, and insurance. With its strong occupancy history, desirable location, classic architectural details, and excellent investment metrics, this turnkey multifamily property is an outstanding opportunity for both seasoned and first-time investors.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Podolinsky 412-833-5405,

    COLDWELL BANKER REALTY

    Bought with:

    Jeffrey Bell, RS375790

    LUXE HAVEN REALTY, LLC

    Source: WPMLS,MLS#: 1765499MLS LogoOriginating MLS: West Penn Multi-List

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Features
    • Basement: Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street, On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 0.49 Acres
    • Dimensions: 370 x 288 x 450 x 283
    Details
    • Parcel number: 0035H00247000000
    • Zoning: Multi
    • Zoning description: Multi

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Fourplex
    • Property subtype: Quadruplex, Multi Family, Multi Family
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Public Transportation
    Location
    • Region: Pittsburgh

    Financial & listing details

    • Tax assessed value: $71,900
    • Annual tax amount: $1,895
    • Date on market: 7/18/2026
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/2/2026Pending sale$340,000
    Source: WPMLS #1765499 Report a problem
    8/27/2026Sold$340,000
    Source: WPMLS #1765499 Report a problem
    7/24/2026Contingent$340,000
    Source: WPMLS #1765499 Report a problem
    7/18/2026Listed for sale$340,000+11.5%
    Source: WPMLS #1765499 Report a problem
    1/25/2022Sold$305,000-12.9%
    Source: Public Record Report a problem
    5/27/2021Contingent$350,000
    Source: WPMLS #1499265 Report a problem
    5/7/2021Listed for sale$350,000+442.6%
    Source: WPMLS #1499265 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/2/2020Listing removed$675
    Source: Owner Report a problem
    12/29/2019Price change$675-2.9%
    Source: Owner Report a problem
    12/20/2019Listed for rent$695+15.8%
    Source: Owner Report a problem
    4/14/2018Listing removed$600
    Source: Owner Report a problem
    3/11/2018Listed for rent$600-7.7%
    Source: Owner Report a problem
    7/15/2017Listing removed$650
    Source: Owner Report a problem
    5/26/2017Listed for rent$650+4%
    Source: Owner Report a problem
    4/18/2017Listing removed$625
    Source: Owner Report a problem
    4/12/2017Listed for rent$625-7.4%
    Source: Zillow Rental Manager Report a problem
    12/28/2016Listing removed$675+12.5%
    Source: Zillow Rental Manager Report a problem
    4/19/2016Listing removed$600+11.3%
    Source: Zillow Rental Manager Report a problem
    9/3/2015Listing removed$539
    Source: Superior Properties Group, Inc Report a problem
    8/26/2015Listed for rent$539+5.7%
    Source: Superior Properties Group, Inc Report a problem
    1/14/2013Listing removed$510
    Source: Superior Properties Group, Inc Report a problem
    1/10/2013Listed for rent$510
    Source: Superior Properties Group, Inc Report a problem
    2/7/2005Sold$64,500
    Source: WPMLS #533465 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,770 +6.8%$71,900
    2024$1,657 +387.1%$71,900
    2023$340 $71,900
    2022$340 $71,900
    2021$340 +2%$71,900
    2020$333 -2%$71,900
    2019$340 -79.1%$71,900
    2018$1,627 $71,900
    2017$1,627 +378.4%$71,900
    2016$340 -78.6%$71,900
    2015$1,591 $71,900
    2014-- $71,900
    2013-- $71,900 +26.6%
    2012-- $56,800
    2011-- $56,800
    2010-- $56,800
    2009-- $56,800
    2008-- $56,800
    2007-- $56,800
    2006-- $56,800
    2005-- $56,800
    2004-- $56,800
    2003-- $56,800
    2002-- $56,800
    Find assessor info on the county website

    Neighborhood: Beechview

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Pittsburgh

    Source: WPMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    With Zillow Showcase(estimated)
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