7040 Penn Avenue
Pittsburgh, PA, 15208 $ 600,000
Bedrooms7 Baths0.0 Monthly Estimate*
$ 3,788
Multi-Family Home for sale in Pittsburgh, PA
for $600,000 with 7 bedrooms. This home was built in 1910 on a lot size of 0.165.
7040 Penn Avenue sits in the heart of Point Breeze, one of Pittsburgh’s most established and sought-after East End neighborhoods — defined by tree-lined streets, handsome architecture, and residential stability that keeps quality rentals in steady demand and vacancy low. Inside, the units show clean and bright, with generously sized rooms, abundant natural light, air conditioning in every unit, and updated kitchens featuring stainless steel appliances — turnkey, move-in-ready space that attracts quality tenants and supports strong rents. The property is less than a mile from Bakery Square, the Walnut Capital-developed innovation and retail hub along Penn Avenue that anchors the East End’s tech corridor — home to Google’s Pittsburgh engineering offices, national retailers, dining, and a hotel. Frick Park, Shadyside, East Liberty, and the Oakland job core are all close at hand, minutes from the city’s largest employment and lifestyle centers. For investors, the fundamentals match the address. Tenants pay ALL utilities — holding operating costs down and protecting net income — and off-street parking is a real differentiator on a corridor where curb space is at a premium. In a neighborhood where renter demand runs deep and values continue to climb, 7040 Penn Avenue offers a stable, low-maintenance hold with meaningful long-term upside.
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FeaturesGeneralZoning MUL
Year Built 1910
Property Subtype Triplex
County Allegheny-East
Property Type Residential Income
Status Active
City Point Breeze
High School District Pittsburgh
Zoning Description MUL
Number Of Units Total 3
MLS Area Point Breeze
Lot Size Units Acres
Tax Annual Amount 2813
MLS Area Minor Point Breeze
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Pittsburgh
Elementary School District Pittsburgh
Tax Assessed Value 101300
Property Sub Type Additional Triplex
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ExteriorLot Size Area 0.165
Lot Dimensions 60 by 40
Lot Size Acres 0.165
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* Excluded FeaturesList ByDavid PoluszejkoListing Agent
Allegheny Multi Family LlcBroker
dave@alleghenymultifamily.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,788
- Monthly Property Taxes
- $234
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 NearbyMulti-family listings in Pittsburgh, PA
Average List Price $234,211
Percent of Sale Price 61%
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 |
|---|
| 7/17/2026 | $600,000 | | Listed Price |