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Investment Highlights

  • Fully Leased
  • All Separate Utilities
  • Turnkey

Executive Summary

Fully Leased 5-Unit Turnkey Apartment Building – Greenfield, PA

Premium Multi-Family Investment Opportunity Near Major Universities
Rarely available turnkey 5-unit apartment building located at 5 Minnesota St, Pittsburgh, PA 15207 in Pittsburgh's highly coveted, high-demand Greenfield neighborhood. This brick multi-family property sits in an exceptional, central location just minutes from the University of Pittsburgh and Carnegie Mellon University. It offers immediate, reliable cash flow with tenant-paid utilities and zero current vacancies.

Auction Schedule & Bidding
Auction Date: Tuesday, August 18, 2026.
Auction Time: 4:30 PM
Starting Bid: $450,000.
Location: 5 Minnesota St, Pittsburgh, PA 15207

Financial Performance & Rental Income
Total Monthly Income: $5,925 across 5 stabilized units.
Total Annual Gross Income: $71,100.
Low Owner Expenses: Tenants pay all separate utilities directly.
Individual Unit Rent Breakdown:
Unit 1: $1,275 / month
Unit 2: $1,250 / month
Unit 3: $1,150 / month
Unit 4: $1,150 / month
Unit 5: $1,100 / month

Property Highlights & Specifications
Total Units: 5 fully leased residential units.
Layout: Generous 2-bedroom, 1.5-bathroom floor plans in every single unit.
Unit Size: Spacious layouts ranging from approximately 1,000 to 1,200 sq. ft.
Occupancy: 100% occupied with reliable, long-term tenants.
Laundry: Dedicated laundry facilities located in the basement for tenant convenience.

Prime Location Advantages
University Proximity: Minutes away from top-tier colleges making it a premier choice for graduate students, faculty, and young professionals.
Greenfield Neighborhood: Highly desirable residential pocket known for its quiet streets, strong community feel, and excellent rental demand.
Transit Friendly: Seamless access to public transportation, downtown Pittsburgh, and the Parkway East.

10% or $5,000 (whichever is greater) Buyers Premium applies

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $633,712 CAD
Price Per Unit $126,742 CAD
Sale Type Investment
Cap Rate 14.44%
Sale Condition Bulk/Portfolio Sale
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.10 AC
Building Size 5,000 SF
Average Occupancy 0%
No. Stories 2
Year Built/Renovated 1950/2000

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 5 - -
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
0054-R-00137-0000-00
Land Assessment
$76,468 CAD (2026)
Improvements Assessment
$219,265 CAD (2026)
Total Assessment
$295,732 CAD (2026)
  • Listing ID: 41443331

  • Date on Market: 2026-07-27

  • Last Updated:

  • Address: 1 Minnesota St, Pittsburgh, PA 15207

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