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$849,900
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Property Description
INVESTOR ALERT | HOUSE HACK OPPORTUNITY | SELLER FINANCING AVAILABLE. Rare opportunity to acquire a fully restored historic triplex in the heart of Pittsburgh's highly desirable Deutschtown neighborhood-just minutes from Downtown and walking distance to PNC Park, Acrisure Stadium, restaurants, breweries, entertainment, and Allegheny General Hospital. Flexible seller financing available through a lease-option structure with a $180,000 option fee/down payment, creating a unique path to ownership for qualified buyers. FHA Assumption of 2.75% APR negotiable Whether you're looking to build a high-performing short-term rental portfolio, create a premium Airbnb experience, or live in one unit while the others help pay your mortgage, 518 Avery Street offers a combination of location, character, and income potential that is increasingly difficult to find. Built in 1884 and meticulously restored by a Maine boatbuilder, this remarkable property blends historic craftsmanship with thoughtful modernization. From the moment you enter, you'll appreciate the original architectural details that have been carefully preserved for future generations. Property highlights include: "¢ Historic 3,167 sqft triplex in Pittsburgh's sought-after Deutschtown Historic District "¢ Walking distance to PNC Park, Acrisure Stadium, Downtown Pittsburgh, restaurants, cafes, and nightlife "¢ Exceptional Airbnb, furnished rental, or house-hack potential "¢ Grand Second Empire pink marble entryway "¢ Original ornamental plasterwork "¢ Soaring 12-foot ceilings on the first and second floors "¢ Pittsburgh skyline views from the rooftop "¢ Watch PNC Park fireworks from your own rooftop terrace "¢ Tallest home on Avery Street with commanding neighborhood views Major capital improvements include: "¢ Restored chimneys with new cement caps and butyl rubber sealing "¢ PVC composite fascia boards on mansard roof and dormers for long-term durability "¢ Galvanized flashing installed and professionally sealed "¢ Polyglass roof coating installed in 2020 "¢ Rear privacy fence added in 2023 Situated on a quiet tree-lined block, the property offers the perfect balance of neighborhood charm and urban convenience. Residents and guests enjoy immediate access to East Ohio Street's thriving collection of bakeries, coffee shops, restaurants, and local businesses while remaining just minutes from Downtown Pittsburgh. Opportunities to own a restored historic income property in this location are rare. Whether your goal is cash flow, appreciation, short-term rental income, or owner-occupied wealth building, 518 Avery Street delivers a compelling combination of historic character, modern improvements, and prime Pittsburgh location. Schedule your private showing today!
Full Property Details
Full Property Details for 518 Avery St
General
- Price: $849,900
- Taxes: $1,315
- Status: Active
- Type: Triplex
- Source: West_Penn_MLS
- MLS ID: 1759234
- Updated: 6/23/2026
- Added to Site: 18 day(s) ago
Parking
- Total Spaces: 1
- Parking Features: Off Street, On Street
Location
- County: Allegheny-North
- Driving Directions: GPS handles 518 avery st easily and street parking is zoned but 1 hour is not ticketed
School Information
- Elem School District: Pittsburgh
- Midd School District: Pittsburgh
- High School District: Pittsburgh
Community
- Units Assoc/Comm: 3
Utilities
- Utility Description: Natural Gas Available
Structural Information
- Basement: Yes
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.0354
- Lot Dimensions: .0354
- Zoning: MF
Financial Considerations
- Assessment Amount: $100,000
- Tax Amount: $1,315
Listing courtesy of The Greene Realty Group
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Schools
Schools serving 518 Avery St
School District:Pittsburgh School District
| Name | Grades | Distance |
|---|---|---|
Pittsburgh King K-8 50 Montgomery Place, Pittsburgh, PA 15212 | K-8 | 0.3 mi |
Pittsburgh Perry High School 3875 Perrysville Avenue, Pittsburgh, PA 15214 | 9-12 | 2.7 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 518 Avery St
Date
Details
Price
Change
Source
6/10/2026
Listed
$849,900
55016.73%
MLS
5/07/2007
Sold
$1,542
—
Public Record
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 518 Avery St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$369
—
$82,000
—
2025
$369
-80%
$82,000
—
2024
$1,889
—
$82,000
—
2023
$1,889
1%
$82,000
—
2022
$1,865
39%
$82,000
—
2021
$1,339
-28%
$82,000
—
2020
$1,856
—
$82,000
—
2018
$1,856
-44%
$82,000
-44%
2017
$3,327
-5%
$147,000
—
2016
$3,513
—
$147,000
—
2015
$3,513
5%
$147,000
—
2014
$3,361
—
$147,000
—
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 518 Avery St
518 Avery St, Pittsburgh, PA 15212 (MLS# 1759234) is a Triplex property with 0 bedrooms and 0 full bathrooms. 518 Avery St is currently listed for $849,900 and was received on June 10, 2026. Want to learn more about 518 Avery St? Do you have questions about finding other Triplex real estate for sale in East Allegheny? You can browse all East Allegheny real estate or contact a Coldwell Banker agent to request more information.

