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1663 Suburban Ave 10 Unit Apartment Building $478,940 CAD ($47,894 CAD/Unit) 8% Cap Rate Pittsburgh, PA 15216
Investment Highlights
- Fully occupied, turn-key 4-unit property providing immediate cash flow
- Recent upgrades including kitchens, flooring, baths, windows, and electrical improvements
- Walkable access to Brownsville Road retail, amenities, and public transit
- All 1-bed/1-bath units, separately metered for electric—low landlord utility burden
- Located in Beechview, a strong South Hills rental submarket with steady demand
Executive Summary
SVN | Three Rivers Commercial Advisors is pleased to present 1663 Suburban Ave, a well-maintained 4-unit multifamily investment property located in the highly desirable Brentwood neighborhood of Pittsburgh’s South Hills. The building consists of four spacious 1-bed/1-bath apartments, each separately metered for electric and generating strong in-place income with minimal landlord responsibilities. Recent updates—including flooring, kitchens, baths, windows, and
electrical improvements—support durable long-term performance. Positioned just off Brownsville Road and minutes from the Westfield trolley stop, downtown Pittsburgh, the West End, and the broader South Hills corridor, this property benefits from strong rental demand and excellent transit accessibility. With all units currently rented at market rates, 1663 Suburban Ave provides investors with immediate cash flow in a stable, established residential submarket.
electrical improvements—support durable long-term performance. Positioned just off Brownsville Road and minutes from the Westfield trolley stop, downtown Pittsburgh, the West End, and the broader South Hills corridor, this property benefits from strong rental demand and excellent transit accessibility. With all units currently rented at market rates, 1663 Suburban Ave provides investors with immediate cash flow in a stable, established residential submarket.
Property Facts
| Price | $478,940 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $47,894 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.49 AC |
| Cap Rate | 8% | Building Size | 2,448 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment |
| Price | $478,940 CAD |
| Price Per Unit | $47,894 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 2,448 SF |
| No. Stories | 2 |
| Year Built | 1900 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,362 CAD | - |
| 1+1 | 2 | $1,362 CAD | - |
| 1+1 | 3 | $1,300 CAD | - |
| 1+1 | 4 | $1,232 CAD | - |
1 1
Property Taxes
| Parcel Number | 0035-H-00247-0000-00 | Improvements Assessment | $68,894 CAD |
| Land Assessment | $29,389 CAD | Total Assessment | $98,283 CAD |
Property Taxes
Parcel Number
0035-H-00247-0000-00
Land Assessment
$29,389 CAD
Improvements Assessment
$68,894 CAD
Total Assessment
$98,283 CAD
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1663 Suburban Ave
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