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For sale
  • $600,000

    7040 Penn Ave, Pittsburgh, PA 15208

    7beds
    --baths
    --sqft
    : 
    $4,055/mo
    Get pre-qualified
    Triplex, Multi Family, Multi Family
    Built in 1910
    -- sqft lot
    $556,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Handsome architectureOff-street parkingAbundant natural lightTurnkey move-in-ready spaceGenerously sized rooms
    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.
    41 days
    |
    278
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    David Poluszejko 412-445-6884,

    ALLEGHENY MULTI FAMILY LLC 412-445-6884

    Source: WPMLS,MLS#: 1765485MLS LogoOriginating 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

        $556,600

        $529,000 - $584,000

        $1,656/mo

        Price history

        DateEventPrice
        7/23/2026Price change$1,625+4.9%
        Source: Zillow Rentals Report a problem
        7/17/2026Listed for sale$600,000+824.5%
        Source: WPMLS #1765485 Report a problem
        5/7/2026Price change$1,549+6.9%
        Source: Zillow Rentals Report a problem
        5/5/2026Price change$1,449-2%
        Source: Zillow Rentals Report a problem
        1/21/2026Listed for rent$1,479+30.3%
        Source: Zillow Rentals Report a problem
        7/11/2020Listing removed$1,135
        Source: Lobos Management Report a problem
        7/6/2020Listed for rent$1,135+19.5%
        Source: Lobos Management Report a problem
        4/7/2019Listing removed$950
        Source: Lobos Management Report a problem
        4/1/2019Listed for rent$950-2.6%
        Source: Lobos Management Report a problem
        8/14/2017Listing removed$975
        Source: Lobos Management Report a problem
        8/12/2017Listed for rent$975
        Source: Lobos Management Report a problem
        6/9/2017Listing removed$975
        Source: Lobos Management Report a problem
        4/27/2017Listed for rent$975-14.1%
        Source: Lobos Management Report a problem
        6/4/2016Listing removed$1,135+26.3%
        Source: Zillow Rental Manager Report a problem
        10/9/2015Listing removed$899
        Source: Postlets Report a problem
        9/23/2015Price change$899+5.9%
        Source: Owner Report a problem
        9/8/2015Price change$849-15%
        Source: Postlets Report a problem
        8/28/2015Listed for rent$999-20.1%
        Source: Postlets Report a problem
        6/23/2014Listing removed$1,250
        Source: Lobos Management Report a problem
        5/23/2014Listed for rent$1,250+31.6%
        Source: Lobos Management Report a problem
        6/7/2012Listing removed$950
        Source: Apartment Network Report a problem
        4/26/2012Listed for rent$950+6.1%
        Source: Apartment Network Report a problem
        1/11/2012Listing removed$895
        Source: Lobos Management Report a problem
        11/28/2011Price change$895-10.1%
        Source: Lobos Management Report a problem
        9/29/2011Listed for rent$995
        Source: Lobos Management Report a problem
        5/29/2003Sold$64,900
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Point Breeze

        Getting around

        66 / 100
        Somewhat Walkable
        62 / 100
        Good Transit
        94 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        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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