551 S Graham Street
Pittsburgh, PA, 15232 $ 699,000
Bedrooms5 Baths3.0 Monthly Estimate*
$ 4,304
Single Family Home for sale in Pittsburgh, PA
for $699,000 with 5 bedrooms and 3 full baths. This home was built in 1900 on a lot size of 0.0684.
Perfectly positioned in the heart of Pittsburgh’s coveted Shadyside neighborhood, this exceptional legal 3-unit building presents a rare opportunity to acquire a fully occupied and consistently performing investment asset in one of the city’s most desirable and enduring rental markets. Rich in architectural character and thoughtfully maintained throughout ownership, the property offers the ideal balance of historic charm, tenant appeal, and long-term investment stability. A gracious common entry welcomes residents with beautiful original woodworking and leaded glass windows, offering an immediate sense of warmth and craftsmanship that continues throughout the residences. Each unit is filled with natural light and distinguished by timeless architectural details including decorative fireplace mantels and surrounds, custom built-ins, spacious room sizes, and outdoor living space—features that continue to set this property apart in today’s competitive rental market. The first-floor residence offers a spacious 1-bedroom, 1-bath layout with generous living and kitchen spaces. The second-floor residence features 2 bedrooms, 1 bath, a large living room, and spacious kitchen. The third-floor residence, accessed via a private walk-up from the second floor, offers an inviting 2-bedroom, 1-bath layout with an open living/dining area and kitchen space filled with character and light. Additional amenities include shared in-building laundry, basement storage, and easy permit street parking. Significant capital improvements—including a newer roof, newer front porch, and updated, well-maintained units—further enhance the property’s long-term value and ease of ownership. Ideally located moments from Pittsburgh’s leading universities, world-renowned hospitals, thriving tech and medical corridors, and the celebrated shopping and dining destinations of Shadyside, this is a compelling opportunity to add a proven, income-producing architectural gem to your investment portfolio.
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FeaturesGeneralUtilities ElectricityAvailable NaturalGasAvailable SewerAvailable WaterAvailable
Roof Asphalt
Zoning Multi
Construction Materials Brick
Year Built 1900
Property Subtype Triplex
Gross Income 58525
Community Features PublicTransportation
County Allegheny-East
Insurance Expense 2443
Property Type ResidentialIncome
Status Active
Directions Centre Ave or Baum to S. Graham.
City Shadyside
High School District Pittsburgh
Zoning Description Multi
Number Of Units Total 3
MLS Area Shadyside
Lot Size Units Acres
Tax Annual Amount 4611
MLS Area Minor Shadyside
Virtual Tour https://media.360captures.com/sites/551-s-graham-st-pittsburgh-pa-15232-24911859/branded https://media.360captures.com/sites/551-s-graham-st-pittsburgh-pa-15232-24911859/branded
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Pittsburgh
Elementary School District Pittsburgh
Tax Assessed Value 175000
Property Sub Type Additional Triplex
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InteriorBasement CommonBasement
Basement (Y/N) true
Total Baths 0
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ExteriorParking Features OnStreet
Lot Size Area 0.0684
Lot Dimensions 0.0684
Lot Size Acres 0.0684
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* Excluded FeaturesList ByMelissa ReichListing Agent
Re/Max Realty BrokersBroker
pghluxuryhomes@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,304
- Monthly Property Taxes
- $384
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Pittsburgh, PA
Average List Price $285,583
Percent of Sale Price 59%
About Pittsburgh, PA 305,323 Population
-9% Since 2002
$ 44,961 Median Income
35.61 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
4269518 Elementary School
4269516 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/19/2026 | $699,000 | | Listed Price |