1 Minnesota St 5 Unit Apartment Building $450,000 ($90,000/Unit) 14.44% Cap Rate Pittsburgh, PA 15207

Fully Leased 5-Unit Turnkey Apartment Building – Greenfield, PA

Premium Multi-Family Investment Opportunity Near Major Universities
Rarely available turnkey 5-unit apartment building located at 5 Minnesota St, Pittsburgh, PA 15207 in Pittsburgh's highly coveted, high-demand Greenfield neighborhood. This brick multi-family property sits in an exceptional, central location just minutes from the University of Pittsburgh and Carnegie Mellon University. It offers immediate, reliable cash flow with tenant-paid utilities and zero current vacancies.

Auction Schedule & Bidding
Auction Date: Tuesday, August 18, 2026.
Auction Time: 4:30 PM
Starting Bid: $450,000.
Location: 5 Minnesota St, Pittsburgh, PA 15207

Financial Performance & Rental Income
Total Monthly Income: $5,925 across 5 stabilized units.
Total Annual Gross Income: $71,100.
Low Owner Expenses: Tenants pay all separate utilities directly.
Individual Unit Rent Breakdown:
Unit 1: $1,275 / month
Unit 2: $1,250 / month
Unit 3: $1,150 / month
Unit 4: $1,150 / month
Unit 5: $1,100 / month

Property Highlights & Specifications
Total Units: 5 fully leased residential units.
Layout: Generous 2-bedroom, 1.5-bathroom floor plans in every single unit.
Unit Size: Spacious layouts ranging from approximately 1,000 to 1,200 sq. ft.
Occupancy: 100% occupied with reliable, long-term tenants.
Laundry: Dedicated laundry facilities located in the basement for tenant convenience.

Prime Location Advantages
University Proximity: Minutes away from top-tier colleges making it a premier choice for graduate students, faculty, and young professionals.
Greenfield Neighborhood: Highly desirable residential pocket known for its quiet streets, strong community feel, and excellent rental demand.
Transit Friendly: Seamless access to public transportation, downtown Pittsburgh, and the Parkway East.

10% or $5,000 (whichever is greater) Buyers Premium applies