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$110,000 Just Listed

  • For Sale
  • Active
  • Commercial Investment
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Prime Location! Rare opportunity to own a vacant lot in a highly sought-after location just a few short minutes from the University of Pittsburgh and Carnegie Mellon University campuses. Situated less than 200 yards from Bigelow Boulevard, this property offers excellent access to Oakland, surrounding neighborhoods, universities, hospitals, and major roadways. The lot presents a variety of potential uses, including new construction, residential development, or off-street parking, subject to applicable zoning and approvals. Whether you're looking to build, invest, or secure valuable parking in a convenient urban location, this property offers tremendous potential. Don't miss this opportunity to own land in a desirable location close to two major universities and everything Oakland has to offer!

Full Property Details for 501 Melwood Ave

General

  • Price: $110,000
  • Taxes: $432
  • Status: Active
  • Type: Commercial Investment
  • Source: West_Penn_MLS
  • MLS ID: 1774733
  • Updated: Today (9/15/2026)
  • Added to Site: Today

Location

  • County: Allegheny-East
  • Driving Directions: ... gps....

Lot Features

  • Lot Size (Acres): 0.0606
  • Lot Dimensions: .0606
  • Frontage: City Street
  • Zoning: COMM

Financial Considerations

  • Assessment Amount: $16,400
  • Tax Amount: $432
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 501 Melwood Ave —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 501 Melwood Ave

School District:Pittsburgh School District
NameGradesDistance
Pittsburgh Weil K-8
2250 Centre Avenue, Pittsburgh, PA 15219
K-51.3 mi
Pittsburgh Milliones 6-12
3117 Centre Avenue, Pittsburgh, PA 15219
9-120.6 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 501 Melwood Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/15/2026
Listed
$110,000
570.73%
MLS
1/27/2012
Sold
$16,400
—
Public Record
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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 for 501 Melwood Ave

Year
Property Taxes
Change
Tax Assessment
Change
2026
$105
-72%
$16,400
—
2024
$378
-73%
$16,400
-73%
2023
$1,408
1%
$61,100
—
2022
$1,389
-1%
$61,100
—
2021
$1,405
2%
$61,100
—
2020
$1,383
—
$61,100
—
2018
$1,383
—
$61,100
—
2017
$1,383
-1%
$61,100
—
2016
$1,398
—
$61,100
—
2015
$1,398
4%
$61,100
—
2014
$1,341
—
$61,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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501 Melwood Ave., Pittsburgh, PA 15213 (MLS# 1774733) is a Commercial Investment property. 501 Melwood Ave. is currently listed for $110,000 and was received on September 15, 2026. This property is listed by Mike Podolinsky from our South Regional Office.Want to learn more about 501 Melwood Ave.? Do you have questions about finding other Commercial Investment real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

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