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Dormont 15216 Dormont
1321 Mississippi Ave
$357,500
↓ $8K (2.1%)
Multifamily - For Sale

1321 Mississippi Ave

Dormont, PA 15216
bedrooms
Studio
bathrooms
0 Bath
$2,330
Est. Monthly
1.26%
Cap Rate

About This Property

Don't miss this versatile investment opportunity with a prime Dormont location at 1321 Mississippi. Anything but a cookie cutter duplex, this yellow brick home stands out from the crowd. The building's layout is thoughtfully designed to maximize space and functionality, making it ideal for both owner-occupants and those seeking rental income. Recent updates include newer roof, windows and mechanicals. Spacious basement offers ample storage and separate laundry for each unit. Detached 3 car garage may offer additional revenue and the unfinished studio above has potential as flex workspace or ADU if proper zoning approval is obtained. Dormont has always offered a solid mix of owner occupied and rental properties that benefit from two business corridors and abundant public transportation. Recent years have seen the opening of one indie business after another, including Moonlit Burgers, Espresso a Mano, and Beyond Bedtime Books, all part of a neighborhood just hitting its stride.
Unit Size
-
Days on Market
63 days
Land Size
0.08 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$574
HOA Dues
-
Year Built
1902

Listed By

Tim Gyves
COMPASS PENNSYLVANIA, LLC

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Cap Rate Calculator

Last updated: 3 days ago (WPMLS #1682643)

Price History

Date / Event Date Event Price
Jan 20, 2025 Price Decreased $357,500
↓ $8K (2.1%)
Price Decreased
Dec 10, 2024 Listed by COMPASS PENNSYLVANIA, LLC $365,000
Listed by COMPASS PENNSYLVANIA, LLC
Feb 23, 2021 Sold to Ali A Nahle
Sold to Ali A Nahle
Aug 30, 2017 Sold to Real Estate Partners Llc Amani
Sold to Real Estate Partners Llc Amani
Mar 15, 2017 Sold to National Mortgage Associati...
Sold to National Mortgage Associati...

Property Highlights

Garage
Parking Details
Has Garage
Parking Features: Detached, Garage
Total Garage and Parking Spaces: 3
Interior Details
Has Basement
Full
Exterior Details
Year Built: 1902
Roof: Asphalt
Construction Materials: Brick
Lot Size Dimensions: 0.0826
Lot Size Acres: 0.0826
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $190,500
Tax Annual Amount: $6,893
Utilities Details
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$350,000 Jun 3, 2024
$350,000 Aug 14, 2024
$546/mo
Multifamily
Stu
-
-
$345,000 Jan 29, 2024
$345,000 Mar 20, 2024
$398/mo
Multifamily
Stu
-
-
$320,000 Sep 19, 2024
$320,000 Nov 8, 2024
$353/mo
Multifamily
Stu
-
-
$325,000 Sep 12, 2024
$325,000 Oct 30, 2024
$467/mo
Multifamily
Stu
-
-
$277,900 Jul 18, 2024
$277,900 Aug 30, 2024
$478/mo
House
5 Beds
2 Baths
-
$400,000 Aug 24, 2023
$400,000 Oct 12, 2023
$428/mo
Multifamily
Stu
-
-
$319,000 Sep 25, 2024
-
$473/mo
Multifamily
Stu
-
-
$349,900 Sep 3, 2024
-
$106/mo
Multifamily
Stu
-
-
$350,000 Nov 12, 2024
-
$344/mo
Multifamily
Stu
-
-
$399,000 Jul 15, 2024
-
$435/mo
Multifamily
Stu
-
-
$309,000 Nov 19, 2024
-
$392/mo
Multifamily
Stu
-
-
$299,900 Oct 18, 2024
-
$356/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1321 Mississippi Avenue 1321 Mississippi Avenue, Pittsburgh, PA 15216
  • 1 Unit for Sale
More about this Building
1321 Mississippi Avenue
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About Dormont


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