Calling all investors! Potential for High-return Duplex in Prime Location
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 to studs 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 projection 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 once complete. Whether you’re looking to 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!
Sold for $160,000 on 06/18/25
$160,000
3552 Melwood Ave, Pittsburgh, PA 15213
5beds
3baths
--sqft
Duplex, Multi Family, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$1,582 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 18, 2025 at 01:25pm
Listed by:
Laun Silk 412-363-4000,
COLDWELL BANKER REALTY
Bought with:
Logan Koch, RS371556
DEACON & HOOVER REAL ESTATE ADVISORS LLC
Source: WPMLS,MLS#: 1699450
Originating MLS: West Penn Multi-List

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 2,400 sqft
- Dimensions: 0.0551
Details
- Parcel number: 0026F00090000000
- Zoning: R2-H
- Zoning description: R2-H
- Special conditions: Short Sale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1900
Community & neighborhood
Community
- Community features: Public Transportation
Location
- Region: Pittsburgh