Sold497d on marketHistoric · 126 yrs
38-40 Walnut St
Pittsburgh, PA, 15223 • 15223 • Allegheny County
$385,000
6Beds
4Baths
0.42 acLot
1900Built
Property DNA
Fourplex Style
Built 1900 · 126 years of history
Garage
Common · Detached · Garage · On Street
This home is getting attention
Listed 497 days ago · 3 views
Market activity
Demand and pricing signals for this listing
3 views
People checking out this listing
497 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 43% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1900 · Historic
Unique value add investment opportunity for the savvy investor! New roof in 2023! This property has four residential units and 16 garages! 100% occupied! There are two 1br units and two 2br units. Gas and electric is separate and tenants can pay directly. Water and sewer are landlord responsibility and these expenses are recouped by a utility reimbursement fee imposed on the tenants. The two 1 bedroom units are in great shape and well kept. The two 2 bedroom units could use updating at turnover. All garages are rented and present an opportunity for upgrades and increased rent. Long term tenants in place. Access to the gravel parking lot where all the garages are located is from High st. Can you see the potential?
Estimated monthly payment
Based on current rates
$2,381/month
Principal & Interest$1,868
Property Tax$385
Insurance$128
Down payment20% ($77,000)
3%50%
Est. 6.11% rate · 30yr fixed · $308,000 loan
Full calculator →At a glance
Key facts and listing details
TypeQuadruplex, Multi Family, Multi Family
Year Built1900
ParkingGarage
Property
Home typeMulti Family
Sub-typeQuadruplex, Multi Family, Multi Family
StyleFourplex
Year built1900
Systems
RoofAsphalt
Parking & Outdoor
ParkingCommon, Detached, Garage, On Street
Lot0.42 Acres
Location & Tax
Neighborhood15223
ZoningRES
Annual tax$5,053
Parcel0167E00345000000
Features & details
3 categories of property features
Exterior Features
Parking
Common
Detached
Garage
On Street
Community
Public Transportation
Utilities
Electricity Available
Natural Gas Available
Sewer Available
Water Available
Listing insights
Market data and value estimates
StatusSold
Days on market497
Est. value$400,500
Est. rent$1,602/mo
Tax rate1.56%
On marketOct 2, 2024
PostedOct 2, 2024
Last sold$385,000
MLS updatedNov 26, 2024
Tour days6
Views3
How are the schools in Pittsburgh?
3 schools rated nearby
Location
Pittsburgh, PA, 15223
Price history
9 events
DateEventPrice$/sqftSource
Nov 25, 2024Sold$385,000—WPMLS
Nov 11, 2024Pending Sale$399,900—WPMLS
Oct 16, 2024Contingent$399,900—WPMLS
Oct 2, 2024Price Change$399,900—WPMLS
Jul 26, 2024Price Change$625,000—WPMLS
Apr 10, 2024Price Change$650,000—WPMLS
Feb 15, 2024Listed For Sale$749,900—WPMLS
May 9, 2008Listing Removed$150,000—Point2
Apr 4, 2008Listed For Sale$150,000—Point2
Sold$385,000
Nov 25, 2024•WPMLS
Pending Sale$399,900
Nov 11, 2024•WPMLS
Contingent$399,900
Oct 16, 2024•WPMLS
Price Change$399,900
Oct 2, 2024•WPMLS
Price Change$625,000
Jul 26, 2024•WPMLS
Price Change$650,000
Apr 10, 2024•WPMLS
Listed For Sale$749,900
Feb 15, 2024•WPMLS
Listing Removed$150,000
May 9, 2008•Point2
Listed For Sale$150,000
Apr 4, 2008•Point2
Tax history
22 years of records
YearTax paidAssessed value
Apr 7, 2025$5,714$135,600
Apr 7, 2024$5,212$135,600
Apr 7, 2023$641$135,600
Apr 7, 2022$641$135,600
Apr 7, 2021$355$75,000
Apr 7, 2020$348$75,000
Apr 7, 2019$355$75,000
Apr 7, 2018$2,720$75,000
Apr 7, 2017$2,666$75,000
Apr 7, 2016$355$75,000
Apr 7, 2015$2,574$75,000
Apr 7, 2014—$75,000
Apr 7, 2013—$118,300
Apr 7, 2012—$66,000
Apr 7, 2011—$66,000
Apr 7, 2009—$66,000
Apr 7, 2008—$66,000
Apr 7, 2007—$66,000
Apr 7, 2006—$66,000
Apr 7, 2005—$66,000
Apr 7, 2003—$66,000
Apr 7, 2002—$66,000
Nearby homes
Neighborhood details
Local context around this listing
Pittsburgh, PA • Allegheny County
Nearby cities
Allison ParkBethel ParkCoraopolisGibsoniaMcKees RocksMcKeesportMonroevilleNew Kensington
Nearby zip codes
15223
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