Based on current Pittsburgh multifamily rents, this triplex in 15221 can achieve a total monthly rent potential between $3.4K and $5.1K, assuming all three units are occupied. Local comps and citywide averages for 3-bedroom units hover near $1.9K/mo, though this block trends slightly lower. With the $125K list price, your gross annual rent could hit $40K–$61K, resulting in a payback period of roughly 2–3 years on gross revenue alone. The property features a massive backyard and two rent-ready units, but one unit requires moderate rehab, which may delay full revenue. The area is stable, with citywide occupancy near 95% and a recent uptick in rental demand, though the block itself is more affordable and may command moderate rents compared to premium neighborhoods. Unique selling points include flexible use (owner-occupant or investor), outdoor space, and proximity to transit, though the age (1900) and need for repairs are notable challenges.
If you're aiming to maximize value, bring the third unit online quickly and address any cosmetic or functional issues across all units—updated kitchens or baths can drive higher rent. Curb appeal and backyard improvements could attract quality tenants. For owners considering a sale, marketing the property as a value-add, income-generating asset with immediate upside post-rehab is key. Highlight the rising occupancy and solid rent trends, but be transparent about required work to manage expectations.
What's Next?
Generate another report to compare more investment options.
Generate the Sell Potential of this home.
See what you could sell for based on similar properties.
Search for another property
Enter any address...
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.
Multi-Family Homewith3 units.
Explore detailed rental comps for each of the available unit configurations:
Current Specs
2 Bed / 1 Bath
900 sqft
Multi-Family
Large backyard
Investor opportunity
Public transportation nearby
Shopping and dining access
Multi-generational living
Rent Comps
$899
$1,485
$3,384
LOW
MEDIAN
HIGH
Most similar comps
These are the comps most similar in size, bed-bath count, and location.