Turnkey Triplex in Prime Shadyside Location – Fully Leased
Beautifully maintained and legally zoned triplex in the heart of Shadyside, Pittsburgh. Each of the three units is a spacious 1-bedroom, 1-bath apartment featuring:
Central air and heat
In-unit laundry
Updated kitchens and bathrooms
Separate electric and gas meters (shared water)
The property includes two off-street parking spaces at the rear and is fully leased with excellent tenants and a strong rental history. Just steps from Walnut Street and close to CMU, Pitt, and UPMC, this location offers unmatched walkability and long-term investment value.
Ideal for investors, 1031 exchange buyers, or owner-occupants looking for stable rental income in a high-demand area.
For Sale by Owner
Shown by appointment only. Proof of funds or mortgage pre-approval required for showings.
Owner is willing to work with buyer’s agent, conditioned upon buyer’s agent disclosing any commission agreement with their buyer.
Owner will not accept solicitations from agents, seeking to represent the owner.
Sold for $656,000
$656,000
5835 Alder St, Pittsburgh, PA 15232
3beds
2,531sqft
MultiFamily
Built in 1900
-- sqft lot
$721,000 Zestimate®
$259/sqft
$2,260 Estimated rent
Home value
$721,000
$634,000 - $815,000
$2,260/mo
Zestimate® history
Owner options
List your home for rent
$2,260/mo
Rent Zestimate®
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$2,260/mo
Rent Zestimate®
Refinance and save
$4,537/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,537/mo
Est. payment
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List your homeWhat's special
Off-street parking spacesIn-unit laundryUpdated kitchensCentral air and heat
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Other, Hardwood
- Basement: Unfinished
Interior area
- Total interior livable area: 2,531 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Off-street
Features
- Exterior features: Shingle, Stone, Vinyl, Brick, Cement / Concrete
Lot
- Size: 3,180 Square Feet
Details
- Parcel number: 0084J00315000000
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1900
Community & HOA
Location
- Region: Pittsburgh
Financial & listing details
- Price per square foot: $259/sqft
- Tax assessed value: $201,600
- Annual tax amount: $4,962
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2025 | Sold | $656,000-22.7%$259/sqft |
Source: Public Record Report a problem | ||
| 7/14/2025 | Listed for sale | $849,000-10.5%$335/sqft |
Source: Owner Report a problem | ||
| 6/25/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/22/2025 | Listed for sale | $949,000+915%$375/sqft |
Source: Owner Report a problem | ||
| 12/20/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/17/2023 | Listed for rent | $1,650$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/21/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 1/6/2022 | Listed for rent | $1,650$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 6/30/1998 | Sold | $93,500$37/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,962 +6.8% | $201,600 |
| 2024 | $4,645 +387.1% | $201,600 |
| 2023 | $954 | $201,600 |
| 2022 | $954 | $201,600 |
| 2021 | $954 +2% | $201,600 |
| 2020 | $935 -2% | $201,600 |
| 2019 | $954 -79.1% | $201,600 |
| 2018 | $4,562 | $201,600 |
| 2017 | $4,562 +378.4% | $201,600 |
| 2016 | $954 -78.6% | $201,600 |
| 2015 | $4,461 | $201,600 |
| 2014 | -- | $201,600 |
| 2013 | -- | $201,600 +43% |
| 2012 | -- | $141,000 |
| 2011 | -- | $141,000 |
| 2010 | -- | $141,000 |
| 2009 | -- | $141,000 |
| 2008 | -- | $141,000 |
| 2007 | -- | $141,000 |
| 2006 | -- | $141,000 |
| 2005 | -- | $141,000 |
| 2004 | -- | $141,000 |
| 2003 | -- | $141,000 |
| 2002 | -- | $141,000 |
Find assessor info on the county website
Neighborhood: Shadyside
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Nearby schools
GreatSchools rating
- 7/10Pittsburgh Colfax K-8Grades: K-8Distance: 1.8 mi
- 6/10Pittsburgh Allderdice High SchoolGrades: 9-12Distance: 1.9 mi
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$721,000
2% more
+$14,420
With Zillow Showcase(estimated)
$735,420
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$721,000
2% more
+$14,420
With Zillow Showcase(estimated)
$735,420
- Pennsylvania
- Allegheny County
- Pittsburgh
- 15232
- Shadyside
- 5835 Alder St
