Fully updated brick 4-unit building in Polish Hill, now newly rezoned as a legal quadplex with two new off-street parking pads added, creating 4 total spaces (one per unit). This prime turn-key investment opportunity offers flexible long-term rental and short-term rental potential. Unit mix includes one 3-bedroom / 1-bathroom unit, two 1-bedroom / 1-bathroom units, and one Studio apartment. Some units currently operate as successful Airbnbs. Features refreshed kitchens and bathrooms, updated mechanicals. Solid construction, tall ceilings, separate entries with coded locks, laundry in largest unit, basement storage, and shed. Located minutes from Downtown, Lawrenceville, Oakland, and the Strip District. Ideal for investors, 1031 buyers, or house hackers seeking strong returns. Estimated 8.5% cap rate using conservative HUD Fair Market Rent figures. For a complete virtual walkthrough tour, search "329 Downing St" on YouTube.
Sold for $426,000 on 08/25/25
$426,000
329 Downing St, Pittsburgh, PA 15219
6beds
4baths
--sqft
Quadruplex, Multi Family, Multi Family
Built in 1900
-- sqft lot
$469,100 Zestimate®
$--/sqft
$1,290 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 25, 2025 at 12:31pm
Listed by:
Tarasa Hurley 412-415-1115,
RIVER POINT REALTY, LLC
Bought with:
Zhichuan Zhao, RS375382
REALTY ONE GROUP PLATINUM
Source: WPMLS,MLS#: 1695343
Originating MLS: West Penn Multi-List

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Features
- Basement: Unfinished
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Lot
- Size: 4,900 sqft
- Dimensions: 51 x 99 x 47 x 99
Details
- Parcel number: 0025H00140000000
- Zoning: Multi
- Zoning description: Multi
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- Year built: 1900
Utilities & green energy
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Community & neighborhood
Community
- Community features: Public Transportation
Location
- Region: Pittsburgh