1229 Peermont, Pittsburgh, PA 15216
Local realty services provided by:ERA Lechner & Associates, Inc.
Listed by: megan stevenson
Office: re/max select realty
MLS#:1753332
Source:PA_WPN
Price summary
- Price:$249,900
About this home
What’s every investor looking for? A PRIME LOCATION with strong rental demand and long-term appreciation potential. Added bonuses include the opportunity for cosmetic updates to further increase value, plus reliable long-term tenants who pay all utilities and even maintain the yard. This solid brick duplex delivers all of it. Located on a desirable street in Dormont, just one block from the T and bus line for quick access to Downtown Pittsburgh, and within walking distance to popular Mt. Lebanon shops and restaurants, this location continues to drive strong tenant demand and long-term rent growth potential. Current rents are below market, creating immediate value-add potential for investors seeking stronger future cash flow.
Both spacious and bright 1-bedroom units are occupied by long-term tenants, making this a low-maintenance investment opportunity from day one. The upper unit features an updated kitchen with dishwasher, abundant natural light, and generous storage. The lower unit offers newly refinished hardwood floors, a charming retro kitchen with direct access to the flat, private backyard, plus garage use for additional rental value.
The property also features excellent curb appeal with a brick exterior, off-street parking, and an impressive retaining wall upgrade that adds long-term stability and peace of mind. Shared basement includes washer/dryer hookups, storage space, and utility sink, with potential to add coin-operated laundry for increased income. Hot water tank replaced in 2022.
A well-located, turn-key duplex package with upside like this rarely hits the market....
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Home facts
- Year built:1960
- Listing ID #:1753332
- Added:1 day(s) ago
- Updated:May 15, 2026 at 10:02 AM
Rooms and interior
- Basement:Yes
- Basement Description:Full
Structure and exterior
- Roof:Asphalt
- Year built:1960
- Lot area:0.08 Acres
- Construction Materials:Brick
Finances and disclosures
- Price:$249,900
- Tax amount:$4,408
Parking
- Garage:Yes
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