700 5th Ave - 11 Property Portfolio 11 Unit Apartment Building Offered at $1,475,000 at a 7.72% Cap Rate East Mc Keesport, PA 15035

This portfolio presents the opportunity to acquire 11 residential income-producing units plus a vacant 4,900 SF mixed-use commercial building across five Allegheny County communities — Wilkinsburg, Pitcairn, Wilmerding, East McKeesport, and Clairton — in a single transaction.? The portfolio generates $145,500 in gross annual rental income with 100% residential occupancy and significant value-add upside through commercial lease-up at 500 Saint Clair Ave.?
The portfolio spans 11 parcels across five established Allegheny County communities.? Each submarket benefits from strong renter demand, proximity to Pittsburgh employment corridors, and affordable cost of living relative to the broader metro.? The geographic spread across five municipalities insulates the portfolio from localized vacancy risk.?
Allegheny County anchors the Pittsburgh metro — one of the most resilient mid-market economies in the U.?S.?, driven by UPMC (68,000+ employees), Carnegie Mellon University, and the University of Pittsburgh.? These institutional anchors maintain consistent renter demand across all income levels.? The five portfolio submarkets offer affordable rents, low vacancy, and direct I-376 / Route 30 access to Downtown Pittsburgh within 20 minutes.?
At $1,475,000, this Allegheny County single family and mixed-use portfolio delivers 100% residential occupancy, $145,500 in gross annual rent, and a clear value-add path through commercial lease-up of 500 Saint Clair Ave.? The portfolio's 5-year NOI growth trajectory — from $75,553 in Year 1 to an estimated $84,402 by Year 5 — reflects proven rental demand and disciplined expense management.?