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Negley Neighbors 774 N Negley Ave 41 Unit Apartment Building For Sale Pittsburgh, PA 15206
INVESTMENT HIGHLIGHTS
- Located in Pittsburgh’s East Liberty neighborhood with strong community appeal
- Substantial rehabilitation completed in 2008 under LIHTC and Historic Tax Credits
- 41-unit portfolio featuring duplex and fourplex-style buildings
- Rent restrictions serving households at 40%, 50%, and 60% AMI
EXECUTIVE SUMMARY
Negley Neighbors Apartments is a 41-unit affordable housing community located in Pittsburgh, Pennsylvania. The portfolio consists of duplex and fourplex-style buildings situated within several blocks of one another, offering residents a cohesive neighborhood feel. Each building features classic two- and three-story designs with a mix of one-, two-, and three-bedroom floorplans, providing comfortable and functional layouts for a range of household types. Substantially rehabilitated in 2008 under the LIHTC program, along with Historic Tax Credits, the properties rent restrictions across units, serving households at 40%, 50%, and 60% of Area Median Income. The community is currently approximately 85% occupied, with vacant units actively undergoing renovation, presenting near-term upside through completion of unit improvements and lease-up.
PROPERTY FACTS
| Sale Type | Investment | Building Class | B |
| No. Units | 41 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 35,000 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1900/2008 |
| Sale Type | Investment |
| No. Units | 41 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 35,000 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2008 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | 611 |
| 2+1 | 22 | - | 843 - 875 |
| 3+1 | 9 | - | 1,354 |
Bike Score®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 0083-B-00233-0000-00 | Improvements Assessment | $52,860 |
| Land Assessment | $52,500 | Total Assessment | $105,360 |
PROPERTY TAXES
Parcel Number
0083-B-00233-0000-00
Land Assessment
$52,500
Improvements Assessment
$52,860
Total Assessment
$105,360
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Negley Neighbors | 774 N Negley Ave
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