The 7 on Keystone

Property Overview:

The offering totals approximately 5,635 square feet across four recorded parcels and includes three vacant rowhouses located at 5154, 5156, and 5158 Natrona Way, along with Parcel 80-G-288, a cleared buildable lot fronting Keystone Street. Constructed circa 1920, the three existing rowhouses are positioned on approximately 100-foot-deep lots extending from Natrona Way through to Keystone Street and feature individual utilities.

The existing rowhouses present an opportunity for full renovation and resale or rental, while the depth of the parcels creates additional development potential along Keystone Street. Each Natrona parcel can be subdivided into a rowhouse lot on Natrona Way and a new townhouse lot on Keystone Street. Combined with the existing 80-G-288 parcel, the property supports four Keystone Street development lots and three renovated or redeveloped Natrona Way rowhouse lots.

Location & Access:

Located in Upper Lawrenceville, the property is a few blocks from the Butler Street corridor, offering convenient access to neighborhood restaurants, retail, and services. The location also provides easy connectivity to Downtown Pittsburgh, the Strip District, Oakland, and Route 28 via the nearby 62nd Street Bridge.

Investment Opportunity:

The 7 on Keystone St. provides investors and developers with multiple paths to create value. The three existing rowhouses can be gut-renovated and positioned for resale or rental, while the four Keystone Street lots can be sold individually or developed with new construction.

The property is zoned R1A-VH (Single-Unit Attached Residential, Very High Density), where attached townhouses are permitted by right. Following the City's May 2025 removal of minimum lot sizes in Very High Density districts, the proposed approximately 15-foot-wide Keystone lots can conform without a variance, subject to applicable zoning and development requirements.

The proposed lot splits qualify as minor subdivisions, allowing for an administrative approval process through OneStopPGH without a public hearing. The seller has previously completed the same type of subdivision on the block, including the subdivision that created Parcel 80-G-288.

Available