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579 Dawson Ave 12 Unit Apartment Building $1,500,000 ($125,000/Unit) 5.30% Cap Rate Pittsburgh, PA 15202
Investment Highlights
- Heavy daytime foot traffic
- Conveniently located just two blocks from Lincoln Avenue.
- Lots of natural lights
Executive Summary
Property Details & Amenities
Unit Mix: (7) Two-Bedroom Units, (5) One-Bedroom Units.
Garages: 5 garage bays total. 4 currently rented ($75/mo); 1 owner-occupied.
Parking: Each garage space includes a driveway spot. Additional parking available in rear alley (currently un-monetized owner parking).
Laundry: 2 Washers / 2 Dryers (Coin-op, owner owned).
Storage: Private storage units included for every tenant (Upside: currently free, could be monetized).
Condition Notes (Transparency for Buyers)
Occupancy: 10 of 12 units occupied.
Unit A (Vacant): Demolished/Cleared. Ready for renovation.
Unit B (Vacant): Offline due to plumbing repair (water return line).
Excellent investment opportunity with newly renovated apartments available for $1,500,000. Each apartment includes a private storage unit and features beautiful hardwood floors. Conveniently located just two blocks from Lincoln Avenue. As of Dec 2025, 10 of the 12 units are occupied.
Unit Mix: (7) Two-Bedroom Units, (5) One-Bedroom Units.
Garages: 5 garage bays total. 4 currently rented ($75/mo); 1 owner-occupied.
Parking: Each garage space includes a driveway spot. Additional parking available in rear alley (currently un-monetized owner parking).
Laundry: 2 Washers / 2 Dryers (Coin-op, owner owned).
Storage: Private storage units included for every tenant (Upside: currently free, could be monetized).
Condition Notes (Transparency for Buyers)
Occupancy: 10 of 12 units occupied.
Unit A (Vacant): Demolished/Cleared. Ready for renovation.
Unit B (Vacant): Offline due to plumbing repair (water return line).
Excellent investment opportunity with newly renovated apartments available for $1,500,000. Each apartment includes a private storage unit and features beautiful hardwood floors. Conveniently located just two blocks from Lincoln Avenue. As of Dec 2025, 10 of the 12 units are occupied.
Property Facts
| Price | $1,500,000 | Apartment Style | Low-Rise |
| Price Per Unit | $125,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 5.30% | Building Size | 14,133 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1970/2025 |
| Property Subtype | Apartment | Parking Ratio | 0.35/1,000 SF |
| Price | $1,500,000 |
| Price Per Unit | $125,000 |
| Sale Type | Investment |
| Cap Rate | 5.30% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 14,133 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1970/2025 |
| Parking Ratio | 0.35/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
1 1
Property Taxes
| Parcel Number | 0160-C-00165-0000-00 | Improvements Assessment | $241,000 |
| Land Assessment | $84,000 | Total Assessment | $325,000 |
Property Taxes
Parcel Number
0160-C-00165-0000-00
Land Assessment
$84,000
Improvements Assessment
$241,000
Total Assessment
$325,000
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Presented by
TJ Hall
579 Dawson Ave
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