Map of Property

Fidelity Building

For Sale

341 Fourth Avenue, Pittsburgh, PA 15222

This Pittsburgh property for sale is located at 341 Fourth Avenue. The current listed sale price for Fidelity Building is $3,750,000. Fidelity Building is situated on a lot that is 0.13 acre in size.

Contacts

Jason Campagna

SVN | Three Rivers Commercial Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 30,100 SF
  • Units 24
  • Lot Size 0.13 Acre
  • Date Updated Jul 21, 2026
Located in Downtown Pittsburgh's CBD.SVN Three Rivers Commercial Advisors is pleased to present for sale this 100% occupied mixed-use investment opportunity located in the heart of Downtown Pittsburgh, directly within Point Park University’s urban campus. This 7-story mid-rise building, built in 1889 and renovated in 2005, comprises approximately 5,370 SF of street retail space and 5 Floors of 24 units, complemented by a long-term rooftop lease income that provides diversified cash flow. The property has operated as student housing for approximately 20 years, with the residential units leased to Point Park students on 12-month lease terms, offering a consistent tenant base in a walkable, amenity-rich location. The building is fully sprinklered, has elevator access to all floors, and has security cameras throughout to ensure student safety. Onsite laundry is also available. Residents enjoy immediate access to campus, public transit, restaurants, entertainment, and Downtown employers. This turn-key investment offers excellent value-add potential, being one of the most affordable housing options for Point Park University students.
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Highlights

  • 100% occupied with a 20 year operating history. Additional income from rooftop cell tower leases, which extends through February 2045
  • Desirable unit mix of two-bedroom and four-bedroom apartments, all with full kitchens
  • Located steps from Point Park University, Pittsburgh Playhouse, public transit, restaurants, and Downtown employment centers
  • Onsite laundry and security cameras throughout
  • Turn-key 24 unit, 70 bed student housing opportunity and ground-floor retail space with future upside following ABC Imaging lease expiration
  • Value based housing offering upside for future rents

Getting around

  • 99/100

    Walk Score ®

  • 93/100

    Transit Score ®

  • 79/100

    Bike Score ®

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Location

  • City Pittsburgh, PA
  • Neighborhood Downtown Pittsburgh
  • Zip Code 15222
  • Market Pittsburgh

Points of Interest

  • Gateway

    0.30 miles

  • First Avenue

    0.30 miles

  • North Side

    0.79 miles

  • Killarney

    4.54 miles

  • Mount Lebanon

    4.54 miles

  • Washington Junction

    6.10 miles

  • Taste Buds

    0.79 miles

  • Sunoco

    0.84 miles

  • Shell

    0.86 miles

  • BP

    0.95 miles

  • Valero

    1.46 miles

  • Cogo's

    1.70 miles

  • Citgo

    1.70 miles

  • EQT Natural Gas for Vehicles

    1.92 miles

  • Exxon

    2.35 miles

  • eVgo

    5.72 miles

  • Forbes Garage

    0.05 miles

  • Student Center Parking Lot

    0.12 miles

  • Pittsburgh Parking Court

    0.13 miles

  • Oliver Garage/Piatt Place

    0.14 miles

  • Pittsburgh Parking Authority

    0.17 miles

  • Mellon Square Garage

    0.18 miles

  • Mon Wharf Parking

    0.26 miles

  • 6th and Penn Garage

    0.26 miles

  • Smithfield Liberty Garage

    0.27 miles

  • Manor Building

    0.27 miles

  • EVEN Hotels

    0.08 miles

  • Joinery Hotel Pittsburgh, Curio Collection by Hilton

    0.11 miles

  • Hilton Garden Inn

    0.13 miles

  • Embassy Suites by Hilton Pittsburgh Downtown

    0.17 miles

  • Fairfield Inn & Suites

    0.17 miles

  • Omni William Penn Hotel

    0.20 miles

  • Fairmont Pittsburgh

    0.20 miles

  • Kimpton Hotel Monaco Pittsburgh

    0.24 miles

  • DoubleTree by Hilton Hotel & Suites Pittsburgh Downtown

    0.32 miles

  • Renaissance Pittsburgh Hotel

    0.35 miles

  • Burlington

    0.05 miles

  • Warner Centre

    0.07 miles

  • Target

    0.08 miles

  • Freight House Shops

    0.48 miles

  • Commerce Court

    0.49 miles

  • Shop 'n Save

    0.80 miles

  • Giant Eagle

    0.85 miles

  • Salem's Market

    0.97 miles

  • Lotus Food Company

    1.02 miles

  • Robert Wholey & Co. Inc

    1.05 miles

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