304 S Birmingham, Pittsburgh, PA 15202
Local realty services provided by:ERA Lechner & Associates, Inc.
Listed by: anthony angotti
Office: deacon & hoover real estate advisors llc.
MLS#:1753953
Source:PA_WPN
Price summary
- Price:$1,650,000
About this home
304 S Birmingham Ave is a well-maintained multifamily property consisting of 19 units (12 one bedroom units, 3 two bedroom units, 4 studio units). The property features frame construction with a brick exterior. Unit interiors are mixed however most units have been recently renovated and feature vinyl plank flooring, neutral color scheme, updated bathrooms and kitchens, and well-maintained plumbing and electrical fixtures. Community amenities include on-site laundry and keypad access to building wings based on tenancy.
This offering represents a compelling acquisition opportunity for investors seeking stable, income-producing real estate with significant value-add upside in one of the region's strongest performing submarkets.
Located in the heart of Avalon, 304 S Birmingham comprises 19 residential units. The property is currently generating an Effective Gross Income of $203,362, and a Net Operating Income of $120,954, reflecting a 7.3% capitalization rate on the asking price. Potential building income is as high as $305,302 with ACHA housing tenants, which would represent a 13.7% cap rate at purchase price. The asset benefits from a diversified tenant base, strong in-place occupancy, and a proven operating history that underscores the stability of the cash flows....
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Home facts
- Year built:1900
- Listing ID #:1753953
- Added:3 day(s) ago
- Updated:May 21, 2026 at 09:57 AM
Rooms and interior
- Basement:Yes
Structure and exterior
- Year built:1900
- Lot area:0.21 Acres
- Construction Materials:Brick, Frame
Finances and disclosures
- Price:$1,650,000
- Tax amount:$25,665
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