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518 Avery St St

East Allegheny, PA 15212

$824,500 $3,476/Mo

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Overview

Bed

Bath

0.04

Acre(Lot)

Description

INVESTOR ALERT | HOUSE HACK OPPORTUNITY | SELLER FINANCING AVAILABLE. Rare opportunity to acquire a fully restored historic triplex in the heart of Pittsburgh's highly desirable Deutschtown neighborhood- just minutes from Downtown and walking distance to PNC Park, Acrisure Stadium, restaurants, breweries, entertainment, and Allegheny General Hospital. Flexible seller financing available through a lease-option structure with a $180,000 option fee/down payment, creating a unique path to ownership for qualified buyers. You can assume ~$420k of the sale price via the existing FHA mortgage at 2.75%, a historically low rate, and bridge the rest. Whether you're looking to build a high-performing short-term rental portfolio, create a premium Airbnb experience, or live in one unit while the others help pay your mortgage, 518 Avery Street offers a combination of location, character, and income potential that is increasingly difficult to find. Built in 1884 and meticulously restored by a Maine boatbuilder, this remarkable property blends historic craftsmanship with thoughtful modernization. From the moment you enter, you'll appreciate the original architectural details that have been carefully preserved for future generations. Property highlights include: • Historic 3,167 sqft triplex in Pittsburgh's sought-after Deutschtown Historic District • Walking distance to PNC Park, Acrisure Stadium, Downtown Pittsburgh, restaurants, cafes, and nightlife • Exceptional Airbnb, furnished rental, or house-hack potential • Grand Second Empire pink marble entryway • Original ornamental plasterwork • Soaring 12-foot ceilings on the first and second floors • Pittsburgh skyline views from the rooftop • Watch PNC Park fireworks from your own rooftop terrace • Tallest home on Avery Street with commanding neighborhood views. Major capital improvements include:• Restored chimneys with new cement caps and butyl rubber sealing • PVC composite fascia boards on mansard roof and dormers for long-term durability • Galvanized flashing installed and professionally sealed • Polyglass roof coating installed in 2020 • Rear privacy fence added in 2023. Situated on a quiet tree-lined block, the property offers the perfect balance of neighborhood charm and urban convenience. Residents and guests enjoy immediate access to East Ohio Street's thriving collection of bakeries, coffee shops, restaurants, and local businesses while remaining just minutes from Downtown Pittsburgh. Opportunities to own a restored historic income property in this location are rare. Whether your goal is cash flow, appreciation, short-term rental income, or owner-occupied wealth building, 518 Avery Street delivers a compelling combination of historic character, modern improvements, and prime Pittsburgh location. Schedule your private showing today!

Property Details

Property Type : Residential Income

Price : $824,500

AD Id : 82912670

MLS Id : 1759234

Lot Size : 0.04 Acre

Tax Amount : $1,315

Year Built : 1900

County : Allegheny-North

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Features

Room Information

Has Basement: Yes

Building Information

Year Built: 1900 Private Pool: No

Lot Information

Lot Dimensions: 0.0354 Main Square Feet: 0.0354 Acres Lot Size Acres: 0.0354

Listing Price Information

Listing Price: $824500 Original Price: $849900

Tax Information

Annual Tax: $1315

Parking Information

Parking Total: 1 Off Street, On Street

Utility Information

Natural Gas Available
Location Information

Direction: GPS handles 518 avery st easily and street parking is zoned but 1 hour is not ticketed

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West Penn MLS, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than ByOwner may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Last Updated: 10/08/2026 @ 10:24

ByOwner last updated this listing 10/08/2026 @ 10:24

MLS: 1759234 LISTED BY: Derek Greene, THE GREENE REALTY GROUP 888-278-5840 SOURCE: West Penn MultiList

518 Avery St St

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