7040 Penn Avenue sits in the heart of Point Breeze, one of Pittsburgh’s most established and sought-after East End neighborhoods — defined by tree-lined streets, handsome architecture, and residential stability that keeps quality rentals in steady demand and vacancy low.
Inside, the units show clean and bright, with generously sized rooms, abundant natural light, air conditioning in every unit, and updated kitchens featuring stainless steel appliances — turnkey, move-in-ready space that attracts quality tenants and supports strong rents.
The property is less than a mile from Bakery Square, the Walnut Capital-developed innovation and retail hub along Penn Avenue that anchors the East End’s tech corridor — home to Google’s Pittsburgh engineering offices, national retailers, dining, and a hotel. Frick Park, Shadyside, East Liberty, and the Oakland job core are all close at hand, minutes from the city’s largest employment and lifestyle centers.
For investors, the fundamentals match the address. Tenants pay ALL utilities — holding operating costs down and protecting net income — and off-street parking is a real differentiator on a corridor where curb space is at a premium. In a neighborhood where renter demand runs deep and values continue to climb, 7040 Penn Avenue offers a stable, low-maintenance hold with meaningful long-term upside.
For sale
$600,000
7040 Penn Ave, Pittsburgh, PA 15208
7beds
--baths
--sqft
Triplex, Multi Family, Multi Family
Built in 1910
-- sqft lot
$546,400 Zestimate®
$--/sqft
$-- HOA
What's special
Handsome architectureOff-street parkingAbundant natural lightTurnkey move-in-ready spaceGenerously sized rooms
- 87 days
- 273
- 12
Zillow last checked:
Listing updated:
Listed by:
David Poluszejko 412-445-6884,
ALLEGHENY MULTI FAMILY LLC 412-445-6884
Source: WPMLS,MLS#: 1765485
Originating MLS: West Penn Multi-List
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
Property
Lot
- Size: 7,187 Square Feet
- Dimensions: 60 by 40
Details
- Parcel number: 0126G00242000000
- Zoning: MUL
- Zoning description: MUL
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family, Multi Family
Condition
- Year built: 1910
Community & HOA
Location
- Region: Pittsburgh
Financial & listing details
- Tax assessed value: $101,300
- Annual tax amount: $2,813
- Date on market: 7/17/2026
Estimated market value
$546,400
$519,000 - $574,000
$1,580/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Price change | $1,625+4.9% |
Source: Zillow Rentals Report a problem | ||
| 7/17/2026 | Listed for sale | $600,000+824.5% |
Source: | ||
| 5/7/2026 | Price change | $1,549+6.9% |
Source: Zillow Rentals Report a problem | ||
| 5/5/2026 | Price change | $1,449-2% |
Source: Zillow Rentals Report a problem | ||
| 1/21/2026 | Listed for rent | $1,479+30.3% |
Source: Zillow Rentals Report a problem | ||
| 7/11/2020 | Listing removed | $1,135 |
Source: Lobos Management Report a problem | ||
| 7/6/2020 | Listed for rent | $1,135+19.5% |
Source: Lobos Management Report a problem | ||
| 4/7/2019 | Listing removed | $950 |
Source: Lobos Management Report a problem | ||
| 4/1/2019 | Listed for rent | $950-2.6% |
Source: Lobos Management Report a problem | ||
| 8/14/2017 | Listing removed | $975 |
Source: Lobos Management Report a problem | ||
| 8/12/2017 | Listed for rent | $975 |
Source: Lobos Management Report a problem | ||
| 6/9/2017 | Listing removed | $975 |
Source: Lobos Management Report a problem | ||
| 4/27/2017 | Listed for rent | $975-14.1% |
Source: Lobos Management Report a problem | ||
| 6/4/2016 | Listing removed | $1,135+26.3% |
Source: Zillow Rental Manager Report a problem | ||
| 10/9/2015 | Listing removed | $899 |
Source: Postlets Report a problem | ||
| 9/23/2015 | Price change | $899+5.9% |
Source: Owner Report a problem | ||
| 9/8/2015 | Price change | $849-15% |
Source: Postlets Report a problem | ||
| 8/28/2015 | Listed for rent | $999-20.1% |
Source: Postlets Report a problem | ||
| 6/23/2014 | Listing removed | $1,250 |
Source: Lobos Management Report a problem | ||
| 5/23/2014 | Listed for rent | $1,250+31.6% |
Source: Lobos Management Report a problem | ||
| 6/7/2012 | Listing removed | $950 |
Source: Apartment Network Report a problem | ||
| 4/26/2012 | Listed for rent | $950+6.1% |
Source: Apartment Network Report a problem | ||
| 1/11/2012 | Listing removed | $895 |
Source: Lobos Management Report a problem | ||
| 11/28/2011 | Price change | $895-10.1% |
Source: Lobos Management Report a problem | ||
| 9/29/2011 | Listed for rent | $995 |
Source: Lobos Management Report a problem | ||
| 5/29/2003 | Sold | $64,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,535 +6.8% | $103,000 |
| 2024 | $2,373 +387.1% | $103,000 |
| 2023 | $487 | $103,000 |
| 2022 | $487 | $103,000 |
| 2021 | $487 +2% | $103,000 |
| 2020 | $477 -2% | $103,000 |
| 2019 | $487 -79.1% | $103,000 |
| 2018 | $2,331 | $103,000 |
| 2017 | $2,331 +378.4% | $103,000 |
| 2016 | $487 -78.6% | $103,000 |
| 2015 | $2,279 | $103,000 |
| 2014 | -- | $103,000 -58.3% |
| 2013 | -- | $247,200 +280.9% |
| 2012 | -- | $64,900 |
| 2011 | -- | $64,900 |
| 2010 | -- | $64,900 |
| 2009 | -- | $64,900 |
| 2008 | -- | $64,900 |
| 2007 | -- | $64,900 |
| 2006 | -- | $64,900 -68% |
| 2005 | -- | $203,000 |
| 2004 | -- | $203,000 |
| 2003 | -- | $203,000 |
| 2002 | -- | $203,000 |
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: Point Breeze
Nearby schools
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.





