Excellent value-add investment opportunity in the heart of Squirrel Hill! 5862 Hobart St is a legal triplex offering strong upside for an investor or owner-occupant looking to build equity through updates and improvements. The property features two spacious 2-bedroom units on the 1st and 2nd floors, plus a 3rd-floor unit with 1 bedroom and an additional office/small bedroom.
Priced with needed updates in mind, this property gives the next owner the chance to renovate, increase rental potential, and create long-term value in one of Pittsburgh’s most desirable rental neighborhoods. Conveniently located near shops, restaurants, universities, hospitals, parks, public transportation, and all that Squirrel Hill has to offer.
A rare opportunity to acquire a legal multi-unit property in a prime location with significant upside potential. Bring your vision and make this one shine!
Under contract
$475,000
5862 Hobart St, Pittsburgh, PA 15217
5beds
3baths
--sqft
Triplex, Multi Family, Multi Family
Built in 1900
-- sqft lot
$453,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 37 days |
- 799 |
- 22 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Avrohom Kopel 412-421-4663,
AISHEL REAL ESTATE 412-421-4663
Source: WPMLS,MLS#: 1759127
Originating MLS: West Penn Multi-List
Originating MLS: West Penn Multi-ListFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Property
Parking
- Parking features: Detached, Garage, Off Street
- Has garage: Yes
Lot
- Size: 5,201 Square Feet
- Dimensions: 0.1194
Details
- Parcel number: 0086R00164000000
- Zoning: R3
- Zoning description: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family, Multi Family
Condition
- Year built: 1900
Community & HOA
Location
- Region: Pittsburgh
Financial & listing details
- Tax assessed value: $210,000
- Annual tax amount: $5,168
- Date on market: 6/10/2026
Estimated market value
$453,300
$431,000 - $476,000
$2,259/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/6/2026 | Pending sale | $475,000 |
Source:  WPMLS #1759127 Report a problem | ||
| 6/10/2026 | Listed for sale | $475,000 |
Source: WPMLS #1759127 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,168 +6.8% | $210,000 |
| 2024 | $4,838 +387.1% | $210,000 |
| 2023 | $993 | $210,000 |
| 2022 | $993 | $210,000 |
| 2021 | $993 +2% | $210,000 |
| 2020 | $973 -2% | $210,000 |
| 2019 | $993 -79.1% | $210,000 |
| 2018 | $4,752 | $210,000 |
| 2017 | $4,752 +378.4% | $210,000 |
| 2016 | $993 -78.6% | $210,000 |
| 2015 | $4,647 | $210,000 |
| 2014 | -- | $210,000 -17.8% |
| 2013 | -- | $255,400 +84.3% |
| 2012 | -- | $138,600 |
| 2011 | -- | $138,600 |
| 2010 | -- | $138,600 |
| 2009 | -- | $138,600 |
| 2008 | -- | $138,600 |
| 2007 | -- | $138,600 |
| 2006 | -- | $138,600 |
| 2005 | -- | $138,600 |
| 2004 | -- | $138,600 |
| 2003 | -- | $138,600 |
| 2002 | -- | $138,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Squirrel Hill South
Nearby schools
GreatSchools rating
- 7/10Pittsburgh Colfax K-8Grades: K-8Distance: 0.3 mi
- 6/10Pittsburgh Allderdice High SchoolGrades: 9-12Distance: 0.3 mi
- 8/10Pittsburgh Science And Technology Academy 6-12Grades: PK,6-12Distance: 2.1 mi
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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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