Listing Courtesy of: 
West Penn MLS, Inc / Coldwell Banker Realty / Laun Silk
West Penn MLS, Inc / Coldwell Banker Realty / Laun Silk 3552 Melwood Ave Pittsburgh, PA 15213
Active (1 Days)
$252,000
Description
MLS #:
1690673
1690673
Taxes
$1,495
$1,495
Lot Size
2,400 SQFT
2,400 SQFT
Type
Multifamily
Multifamily
Year Built
1900
1900
School District
Pittsburgh
Pittsburgh
County
Allegheny County
Allegheny County
Listed By
Laun Silk, Coldwell Banker Realty
Source
West Penn MLS, Inc
Last checked Mar 6 2025 at 12:58 PM GMT+0000
West Penn MLS, Inc
Last checked Mar 6 2025 at 12:58 PM GMT+0000
Bathroom Details
Basement Information
- Walk-Up Access
Exterior Features
- Roof: Asphalt
Parking
- On Street
Location
Disclaimer: Copyright 2025 West Penn MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 3/6/25 04:58
3552 Melwood Ave is a fantastic opportunity for investors seeking strong returns in Pittsburgh’s thriving rental market. This duplex offers great value: Unit 1 (lower) is fully gutted with new electrical wiring and plumbing rough-ins, ready for the next owner’s vision. Unit 2 is nearly complete, allowing for quick occupancy. Plus, tenants can enjoy stunning city views from the upper unit’s deck!
A rental analysis of both units as long-term rentals projects a strong 11% cap rate and meets the golden 1% rule, making this a prime cash-flowing asset. Whether you’re looking to house-hack, flip, or hold for long-term gains, this property delivers.
Close to universities, hospitals, and thriving employment centers, this duplex is positioned for high rental demand. Don’t miss this high-yield investment opportunity!