Stabilized, Mixed-Use Investment Opportunity: 0.12 Acres | 11 Leased Apartment Units, 2 Retail Tenants

For Sale

219-223 Atwood Street, Pittsburgh, PA 15213

This Pittsburgh property for sale is located at 219-223 Atwood Street. The current listed sale price for Stabilized, Mixed-Use Investment Opportunity: 0.12 Acres | 11 Leased Apartment Units, 2 Retail Tenants is $3,500,000. Stabilized, Mixed-Use Investment Opportunity: 0.12 Acres | 11 Leased Apartment Units, 2 Retail Tenants is situated on a lot that is 0.12 acre in size.

Contacts

Dana Grau, SIOR, CCIM

Lee & Associates - Western Pennsylvania

Property Details

  • Property Type Multi-Family
  • Property Size 5,288 SF
  • Units 13
  • Lot Size 0.12 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1950
  • Date Updated Sep 18, 2026
Oakland is one of Pittsburgh’s most dynamic, institution-anchored neighborhoods, often referred to as a “city within a city.” Located directly east of Downtown Pittsburgh, the area combines major educational, medical, cultural, and residential uses in a dense, walkable environment. The subject property at 219-223 Atwood Street lies less than a five-minute walk from the University of Pittsburgh’s main campus and within walking distance of Carnegie Mellon University, positioning it squarely within the city’s highest-demand student housing district.219-223 Atwood Street presents an opportunity to acquire a stabilized mixed-use investment property in the heart of Oakland. The property includes eleven (11) leased apartments and two (2) retail tenants, providing diversified residential and commercial income in one of Pittsburgh’s most walkable and institutionally anchored neighborhoods. This mixed-use apartment building is located just one block from Forbes Avenue, and is an easy walk to the university campuses. Each apartment features a private bathroom and an equipped eat-in kitchen, and offers the convenience of laundry right in the building. Parking is on-street by city permit.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 11 leased apartments with 12 months leases
  • 7.6% capitalization rate
  • Historic association with The Decade music venue
  • Stabilized mixed-use investment
  • Strong student and institutional rental demand
  • Two (2) retail tenants with 15 year lease terms
  • UC-E zoning provides long-term flexibility
  • Walking distance to the University of Pittsburgh, UPMC, CMU, and Carlow University

Attachments

Getting around

  • 96/100

    Walk Score ®

  • 70/100

    Transit Score ®

  • 84/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Pittsburgh, PA
  • Neighborhood Central Oakland
  • Zip Code 15213
  • Market Pittsburgh

Points of Interest

  • First Avenue

    2.13 miles

  • Gateway

    2.49 miles

  • North Side

    2.83 miles

  • Killarney

    5.36 miles

  • Mount Lebanon

    6.09 miles

  • Washington Junction

    7.10 miles

  • GetGo

    1.12 miles

  • Cogo's

    1.12 miles

  • Citgo

    1.13 miles

  • Amoco

    1.38 miles

  • Shell

    1.41 miles

  • EQT Natural Gas for Vehicles

    1.55 miles

  • Sunoco

    1.71 miles

  • BP

    1.86 miles

  • eVgo

    6.64 miles

  • Tesla Charging Station (No Supercharger)

    7.61 miles

  • Sennott Parking

    0.02 miles

  • Q Lot

    0.03 miles

  • Forbes Semple Garage

    0.09 miles

  • BQ Lot

    0.10 miles

  • Posvar Hall Garage

    0.18 miles

  • Public Parking

    0.23 miles

  • Soldiers & Sailors Parking Garage

    0.27 miles

  • SO Lot

    0.29 miles

  • J-Lot Garage

    0.29 miles

  • LC Lot

    0.32 miles

  • Hilton Garden Inn Pittsburgh University Place

    0.18 miles

  • Quality Inn University Center

    0.31 miles

  • The Oaklander Hotel

    0.32 miles

  • Residence Inn

    0.33 miles

  • Courtyard Pittsburgh University Center

    0.39 miles

  • Hampton Inn Pittsburgh University/Medical Center

    0.46 miles

  • Hotel Indigo

    0.68 miles

  • Hyatt House Pittsburgh South Side

    0.93 miles

  • Mansions On Fifth Hotel

    1.10 miles

  • Family House

    1.36 miles

  • Scotty's Market

    0.97 miles

  • ALDI

    1.11 miles

  • Fudi Asian Mart

    1.17 miles

  • Giant Eagle

    1.24 miles

  • Wharton Square

    1.25 miles

  • Salem's Market

    1.32 miles

  • Ten Toes for Women

    1.41 miles

  • Many More Marketplace

    1.46 miles

  • Salem Halal Market

    1.52 miles

  • WFH Oriental Market

    1.53 miles

Contact Listing Broker
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.