**RARE INVESTMENT OPPORTUNITY IN THE HEART OF SHADYSIDE!** 5884 Ellsworth Avenue is a truly unique two-building, three-unit mixed-use property offering an exceptional combination of established rental income, commercial potential, and long-term value in one of Pittsburgh's most desirable neighborhoods. The property features a successful history of continuous tenancy and three distinct income-producing spaces.
The first-floor commercial space is a well-known café/restaurant location with a long history of successful operators, including the former Con Alma Jazz Restaurant. The space was most recently leased for **$4,000/month** and offers an established restaurant layout, approximately 30 indoor seats, a beautifully landscaped outdoor patio, mature gardens, and a distinctive koi pond—creating a highly desirable setting for a restaurant, café, bar, or other commercial concept.
The main building also includes a unique residential/live-work space that has been home to **Photo Forum Photography Art Gallery for 42 years**, providing an established presence and history within the Shadyside community. The upper levels offer exceptional flexibility for residential, gallery, studio, or owner-user possibilities, with additional outdoor space including private decks and a rooftop terrace with panoramic views.
A separate **two-bedroom house** sits at the rear of the property with its own private entrance from the back alley, providing an additional, distinctly separated residential income stream. This house has been rented for the past three years at **$1,950/month**.
The property's three-unit configuration creates multiple avenues for an investor to generate income, while the currently vacant restaurant space presents an immediate opportunity to secure a new commercial tenant and increase overall revenue. All three spaces had been continuously rented prior to the restaurant vacancy.
Located in the heart of Shadyside along the vibrant Ellsworth Avenue corridor, the property benefits from exceptional walkability, strong visibility, established neighboring businesses, and proximity to shopping, dining, entertainment, universities, hospitals, and major employment centers. With a proven rental history, multiple income streams, a highly recognizable commercial component, and significant owner-user flexibility, **5884 Ellsworth Avenue is an extraordinary investment opportunity that is difficult to duplicate.**
For sale
Price cut: $75K (10/1)
$825,000
5884 Ellsworth Ave, Shadyside, PA 15232
3beds
5baths
--sqft
Multi Family
Built in 1890
-- sqft lot
$762,700 Zestimate®
$--/sqft
$-- HOA
What's special
First-floor commercial spacePrivate decksDistinctive koi pondMature gardensBeautifully landscaped outdoor patio
- 154 days
- 475
- 45
Zillow last checked:
Listing updated:
Listed by:
Sarah Orbin 412-363-4000,
COLDWELL BANKER REALTY 412-363-4000
Source: WPMLS,MLS#: 1757830
Originating MLS: West Penn Multi-List
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
Features
- Basement: Full
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 2,879 Square Feet
- Dimensions: 0.0661
Details
- Zoning: R3/C3
- Zoning description: R3/C3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Year built: 1890
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & HOA
Location
- Region: Shadyside
Financial & listing details
- Tax assessed value: $268,600
- Annual tax amount: $6,603
- Date on market: 6/2/2026
- Electric utility on property: Yes
Estimated market value
$762,700
$725,000 - $801,000
$3,266/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Price change | $825,000-8.3% |
Source: | ||
| 8/29/2026 | Price change | $900,000-10% |
Source: | ||
| 6/2/2026 | Listed for sale | $1,000,000 |
Source: | ||
| 6/17/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/7/2023 | Listed for rent | $1,800 |
Source: Zillow Rentals Report a problem | ||
| 7/3/2019 | Listing removed | $1,000,000 |
Source: Keller Williams Realty Pittsburgh East #1349883 Report a problem | ||
| 10/13/2018 | Price change | $1,000,000-14.9% |
Source: Keller Williams Realty Pittsburgh East #1349883 Report a problem | ||
| 7/17/2018 | Listed for sale | $1,175,000 |
Source: KELLER WILLIAMS PITTSBURGH EAST #1349883 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment




