Map of Property

2215 Ardmore Blvd

For Sale

2215 Ardmore Blvd, Pittsburgh, PA 15221

This Pittsburgh property for sale is located at 2215 Ardmore Blvd. The current listed sale price for 2215 Ardmore Blvd is $770,000. 2215 Ardmore Blvd is situated on a lot that is 0.06 acre in size.

Contacts

Ben Sherman

SVN | Three Rivers Commercial Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 7,689 SF
  • Units 11
  • Lot Size 0.06 Acre
  • Year Built 1933
  • Date Updated Nov 11, 2026
PittsburghSVN Three Rivers Commercial Advisors is pleased to present 2215 Ardmore Boulevard for sale. This 11-unit mixed-use investment property is on Forest Hills’ main business corridor, Ardmore Boulevard. The approximately 7,689 SF building sits on a commercially zoned parcel. It has five street-level retail storefronts and six apartments: (4) one-bedrooms and (2) two-bedrooms, with private balconies. The property generates $106,140 in gross scheduled annual rental income and a net operating income of $65,608, an 8.5% cap rate at the asking price. With 11 separate tenancies and residential rents ranging from $750 to $1,220 per month, the asset offers investors diversified in-place cash flow with room to raise rents to market.
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Highlights

  • 11-Unit Mixed-Use Investment Opportunity: (5) Retail Storefronts / (6) Apartments
  • Attractive Basis: $70,000/unit, about $100/SF
  • Diversified Income: 11 tenancies, with no single tenant accounting for more than about 18% of gross rent
  • Main-Road Exposure on Ardmore Boulevard (US Route 30)
  • Mark-to-Market Upside: one-bedroom rents range from $750 to $950 and two-bedroom rents from $800 to $1,220
  • Strong In-Place Cash Flow: NOI of $65,608 at an 8.5% cap rate

Getting around

  • 70/100

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  • 33/100

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Location

  • City Pittsburgh, PA
  • Neighborhood Forest Hills
  • Zip Code 15221
  • Market Pittsburgh

Points of Interest

  • First Avenue

    7.91 miles

  • Gateway

    8.38 miles

  • North Side

    8.76 miles

  • Killarney

    8.95 miles

  • Exxon

    0.16 miles

  • Sunoco

    1.61 miles

  • BP

    1.92 miles

  • Gulf

    2.07 miles

  • Sheetz

    2.14 miles

  • Speedway

    2.16 miles

  • GetGo

    2.28 miles

  • Marathon

    2.45 miles

  • eVgo

    3.44 miles

  • Tesla Destination Charger

    7.81 miles

  • Ardmore Shopping Center parking lot

    0.14 miles

  • St. Colman parking lot

    1.35 miles

  • Penn Plaza Parking Lot

    1.43 miles

  • Swissvale Park and Ride Lot

    1.61 miles

  • Beulah Park and Ride

    1.98 miles

  • Memorial Park Parking Lot

    2.02 miles

  • Hamnett Park and Ride Lot

    2.36 miles

  • Walmart Parking Lot

    2.49 miles

  • Pump House Trail Access

    2.60 miles

  • Great Valley Parking Lot

    2.63 miles

  • Comfort Inn

    2.12 miles

  • Residence Inn

    2.17 miles

  • Holiday Inn Express

    2.96 miles

  • DoubleTree by Hilton Hotel Pittsburgh - Monroeville Convention Center

    3.09 miles

  • Hampton Inn & Suites

    3.86 miles

  • Courtyard by Marriott Pittsburgh West Homestead/Waterfront

    3.91 miles

  • Extended Stay America - Pittsburgh - Monroeville

    4.05 miles

  • Courtyard

    4.16 miles

  • SpringHill Suites Pittsburgh Bakery Square

    4.43 miles

  • East Exit Motel

    5.37 miles

  • ALDI

    0.11 miles

  • Giant Eagle

    0.44 miles

  • Sherry's Family Market

    1.61 miles

  • Walmart Supercenter

    2.44 miles

  • Save-A-Lot

    2.59 miles

  • Mary's Confectionary (closed)

    2.65 miles

  • Great Valley Shopping Center

    2.66 miles

  • JCPenney

    2.80 miles

  • Annex

    2.82 miles

  • Big Lots

    2.83 miles

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