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Off market
  • $888,800

    5531 Forbes Ave, Pittsburgh, PA 15217

    --beds
    0baths
    4,030sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $888,800 Zestimate®
    $221/sqft
    $2,192 Estimated rent

    Home value

    $888,800

    $791,000 - $1.00M

    $2,192/mo

    Zestimate® history
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    Rent Zestimate®

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    $5,852/mo

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    $5,852/mo

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    What's special

    Tremendous investment opportunity in prime Squirrel Hill location! This large triplex is fully occupied & offers immediate income. Meticulously maintained with well preserved hardwood floors throughout; many updates, including new roof & recently rebuilt 3 car detached garage. Public transportation at doorstep; mere minutes from Oakland's hospitals & universities, Squirrel Hill & Shadyside business districts, & Downtown Pittsburgh. Excellent addition to any portfolio, in a coveted neighborhood with endless long-term possibilities. Perfect for either new or seasoned investors. Units are amply sized & building would also make sense for owner-occupants, either on one floor or via a conversion, or even live/work. Building offers charm & character, with updated interior. First & second floor units are each 3 bed/2 bath with french doors separating spacious living & dining rooms; third floor is loft-style 1 bed/1 bath with skylight. Multiple washer/dryers. Separate boilers & electric meters.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Other
    Features
    • Basement: 1
    Interior area
    • Total interior livable area: 4,030 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Exterior features: Brick
    Lot
    • Size: 3,754 sqft
    Details
    • Parcel number: 0086E00336000000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Slate
    Condition
    • Year built: 1925

    Community & neighborhood

    Location
    • Region: Pittsburgh

    Other

    Other facts
    • Basement: 1
    • Public Transportation: 1
    • School Transportation: 1
    • Roof: Composition
    • Construction: Brick
    • Typeof Property: Triplex
    • Last Change Type: Under Contract
    • Parking Description: Detached Garage
    • County Or Parish: Allegheny-East
    • County M 360: Allegheny
    • State Or Province: Pennsylvania

    Price history

    DateEventPrice
    9/1/2020Sold$612,000+6.4%$152/sqft
    Source: WPMLS #1456509 Report a problem
    7/19/2020Pending sale$575,000$143/sqft
    Source: Howard Hanna - Squirrel Hill #1456509 Report a problem
    7/14/2020Listed for sale$575,000+219.4%$143/sqft
    Source: HOWARD HANNA SQUIRREL HILL OFFICE #1456509 Report a problem
    3/3/1997Sold$180,000$45/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,480 +6.8%$425,800
    2024$9,810 +387.1%$425,800
    2023$2,014 $425,800 -20.5%
    2022$2,014 $535,500 +87.9%
    2021-- $285,000
    2020$1,321 -2%$285,000
    2019$1,348 -79.1%$285,000
    2018$6,450 $285,000
    2017$6,450 +378.4%$285,000
    2016$1,348 -78.6%$285,000
    2015$6,307 $285,000 -45.9%
    2014-- $526,600
    2013-- $526,600 +163.3%
    2012-- $200,000
    2011-- $200,000
    2010-- $200,000
    2009-- $200,000
    2008-- $200,000
    2007-- $200,000
    2006-- $200,000
    2005-- $200,000
    2004-- $200,000
    2003-- $200,000
    2002-- $200,000

    Find assessor info on the county website

    Neighborhood: Squirrel Hill North

    Nearby schools

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

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

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