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328 Pearl St 6 Unit Apartment Building $2,749,000 ($458,167/Unit) Pittsburgh, PA 15224

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INVESTMENT HIGHLIGHTS

  • High Visibility & Foot Traffic – Located in a bustling corridor with strong demographics and consistent demand for residential and commercial spaces.
  • Large lot size 137' x 80'

EXECUTIVE SUMMARY

Prime Redevelopment Opportunity in Bloomfield – Mixed-Use Property for Sale!
Seize this rare opportunity to acquire a versatile mixed-use property in the heart of Bloomfield, Pittsburgh’s dynamic and growing neighborhood. This unique asset features plenty of off-street parking, four residential units and retail/industrial/flex space all situated on a large footprint encompassing 2 parcels making it an ideal candidate for redevelopment or repositioning to maximize value.
Key Highlights:
? Prime Location – Situated in Bloomfield, a high-demand area known for its walkability, thriving business district, and proximity to Lawrenceville, Shadyside, and Downtown Pittsburgh.
? Diverse Income Potential – Four residential apartments, two street-level retail units, and an industrial component offer multiple revenue streams.
? Redevelopment Potential – Perfect for conversion into modern apartments, boutique retail, or creative office space to meet the area’s growing demand.
? Zoning Flexibility – Positioned for adaptive reuse, expansion, or complete redevelopment in the R2-VH zoning district just off Liberty (buyer to verify zoning allowances).
? High Visibility & Foot Traffic – Located in a bustling corridor with strong demographics and consistent demand for residential and commercial spaces.
? Excellent Transit & Accessibility – Convenient access to public transportation, major roadways, and Pittsburgh’s major employment hubs.
This is an exceptional investment opportunity for developers, investors, or owner-users looking to capitalize on the continued growth of Bloomfield. Don’t miss your chance to transform this well-located asset into a high-performing property!

PROPERTY FACTS

Price $2,749,000
Price Per Unit $458,167
Sale Type Investment
Sale Condition Redevelopment Project
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.25 AC
Building Size 11,366 SF
Average Occupancy 100%
No. Stories 3
Year Built 1900
Parking Ratio 1.06/1,000 SF
Zoning R2-VH - https://ecode360.com/45474250#45474224

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 - -
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0026-D-00228-0000-00
  • 0026-D-00230-0000-00
Land Assessment
$76,500
Improvements Assessment
$202,700
Total Assessment
$279,200
  • Listing ID: 35156694

  • Date on Market: 3/16/2025

  • Last Updated:

  • Address: 328 Pearl St, Pittsburgh, PA 15224

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