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$1,540,000
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Property Description
304 S Birmingham Ave is a well-maintained multifamily property consisting of 19 units (12 one bedroom units, 3 two bedroom units, 4 studio units). The property features frame construction with a brick exterior. Unit interiors are mixed however most units have been recently renovated and feature vinyl plank flooring, neutral color scheme, updated bathrooms and kitchens, and well-maintained plumbing and electrical fixtures. Community amenities include on-site laundry and keypad access to building wings based on tenancy. This offering represents a compelling acquisition opportunity for investors seeking stable, income-producing real estate with significant value-add upside in one of the region's strongest performing submarkets. Located in the heart of Avalon, 304 S Birmingham comprises 19 residential units. The property is currently generating an Effective Gross Income of $203,362, and a Net Operating Income of $120,954, reflecting a 7.3% capitalization rate on the asking price. Potential building income is as high as $305,302 with ACHA housing tenants, which would represent a 13.7% cap rate at purchase price. The asset benefits from a diversified tenant base, strong in-place occupancy, and a proven operating history that underscores the stability of the cash flows.
Full Property Details
Full Property Details for 304 S Birmingham
General
- Sold For: $1,540,000
- Taxes: $25,665
- Status: Closed
- Type: Apartment
- Source: West_Penn_MLS
- MLS ID: 1753966
- Added to Site: 144 day(s) ago
Location
- County: Allegheny-North
Utilities
- Utility Description: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Brick, Frame
- Year Built: 1900
Unit Information
- Vacancy %: 3
Lot Features
- Lot Size (Acres): 0.206
- Lot Dimensions: .206
- Zoning: RM
Financial Considerations
- Assessment Amount: $556,500
- Tax Amount: $25,665
Listing courtesy of Deacon & Hoover Real Estate Advisors Llc
Sold courtesy of Re/Max Select Realty
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Schools
Schools serving 304 S Birmingham
School District:Northgate School District
| Name | Grades | Distance |
|---|---|---|
Avalon El School 721 California Avenue, Pittsburgh, PA 15202 | K-6 | 0.2 mi |
Northgate Middle School/High School 589 Union Avenue, Pittsburgh, PA 15202 | 7-12 | 0.8 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 304 S Birmingham
Date
Details
Price
Change
Source
10/01/2026
Sold
$1,540,000
-6.67%
MLS
5/15/2026
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
304 S Birmingham, Pittsburgh, PA 15202 (MLS# 1753966) is a Apartment property that was sold at $1,540,000 on October 01, 2026. Want to learn more about 304 S Birmingham? Do you have questions about finding other Apartment real estate for sale in Avalon? You can browse all Avalon real estate or contact a Coldwell Banker agent to request more information.

