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$249,900 Just Listed
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Property Description
What's every investor looking for? A PRIME LOCATION with strong rental demand and long-term appreciation potential. Added bonuses include the opportunity for cosmetic updates to further increase value, plus reliable long-term tenants who pay all utilities and even maintain the yard. This solid brick duplex delivers all of it. Located on a desirable street in Dormont, just one block from the T and bus line for quick access to Downtown Pittsburgh, and within walking distance to popular Mt. Lebanon shops and restaurants, this location continues to drive strong tenant demand and long-term rent growth potential. Current rents are below market, creating immediate value-add potential for investors seeking stronger future cash flow. Both spacious and bright 1-bedroom units are occupied by long-term tenants, making this a low-maintenance investment opportunity from day one. The upper unit features an updated kitchen with dishwasher, abundant natural light, and generous storage. The lower unit offers newly refinished hardwood floors, a charming retro kitchen with direct access to the flat, private backyard, plus garage use for additional rental value. The property also features excellent curb appeal with a brick exterior, off-street parking, and an impressive retaining wall upgrade that adds long-term stability and peace of mind. Shared basement includes washer/dryer hookups, storage space, and utility sink, with potential to add coin-operated laundry for increased income. Hot water tank replaced in 2022. A well-located, turn-key duplex package with upside like this rarely hits the market.
Full Property Details
Full Property Details for 1229 Peermont
General
- Price: $249,900
- Taxes: $4,408
- Status: Active
- Type: Duplex
- Source: West_Penn_MLS
- MLS ID: 1753332
- Updated: 5/13/2026
- Added to Site: 1 day(s) ago
Parking
- Garage: Yes
- Attached garage: Yes
- Parking Features: Built In
Location
- County: Allegheny-South
- Subdivision: Delmont
- Driving Directions: W. Liberty Ave (19) to Peermont Ave, house on right
School Information
- Elem School District: Keystone Oaks
- Midd School District: Keystone Oaks
- High School District: Keystone Oaks
Community
- Units Assoc/Comm: 2
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.0766
- Lot Dimensions: .0766
- Zoning: R-1
Financial Considerations
- Assessment Amount: $114,500
- Tax Amount: $4,408
Listing courtesy of Re/Max Select Realty
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Schools
Schools serving 1229 Peermont
School District:Keystone Oaks School District
| Name | Grades | Distance |
|---|---|---|
Dormont El School 3200 Annapolis Avenue, Pittsburgh, PA 15216 | K-5 | 0.5 mi |
Keystone Oaks Middle School 1002 Kelton Avenue, Pittsburgh, PA 15216 | 6-8 | 0.7 mi |
Keystone Oaks High School 1000 Kelton Avenue, Pittsburgh, PA 15216 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1229 Peermont
Date
Details
Price
Change
Source
5/13/2026
Listed
$249,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1229 Peermont
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,408
6%
$114,500
—
2024
$4,143
—
$114,500
—
2023
$4,143
1%
$114,500
—
2022
$4,097
656%
$114,500
—
2021
$542
-86%
$114,500
—
2020
$3,915
1%
$114,500
—
2018
$3,867
—
$114,500
—
2017
$3,867
4%
$114,500
—
2016
$3,702
—
$114,500
—
2015
$3,702
—
$114,500
—
2014
$3,702
—
$114,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1229 Peermont
1229 Peermont, Pittsburgh, PA 15216 (MLS# 1753332) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1229 Peermont is currently listed for $249,900 and was received on May 13, 2026. Want to learn more about 1229 Peermont? Do you have questions about finding other Duplex real estate for sale in Dormont? You can browse all Dormont real estate or contact a Coldwell Banker agent to request more information.

