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Fully updated brick 4-unit building in Polish Hill, now newly rezoned as a legal quadplex with two new off-street parking pads added, creating 4 total spaces (one per unit). This prime turn-key investment opportunity offers flexible long-term rental and short-term rental potential. Unit mix includes one 3-bedroom / 1-bathroom unit, two 1-bedroom / 1-bathroom units, and one Studio apartment. Some units currently operate as successful Airbnbs. Features refreshed kitchens and bathrooms, updated mechanicals. Solid construction, tall ceilings, separate entries with coded locks, laundry in largest unit, basement storage, and shed. Located minutes from Downtown, Lawrenceville, Oakland, and the Strip District. Ideal for investors, 1031 buyers, or house hackers seeking strong returns. Estimated 8.5% cap rate using conservative HUD Fair Market Rent figures. For a complete virtual walkthrough tour, search "329 Downing St" on YouTube.
| DAYS ON MARKET | 22 | LAST UPDATED | 4/9/2025 |
|---|---|---|---|
| YEAR BUILT | 1900 | COMMUNITY | Polish Hill |
| COUNTY | Allegheny-East | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | Polish Hill |
|---|---|
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Aluminum Siding |
| LOT | 4901 sq ft |
| LOT DIMENSIONS | 51x99x47x99 |
| PARKING | Off Street |
| STYLE | Fourplex |
| TAXES | 1293 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| ZONING | Multi |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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