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$475,000
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Property Description
Excellent value-add investment opportunity in the heart of Squirrel Hill! 5862 Hobart St is a legal triplex offering strong upside for an investor or owner-occupant looking to build equity through updates and improvements. The property features two spacious 2-bedroom units on the 1st and 2nd floors, plus a 3rd-floor unit with 1 bedroom and an additional office/small bedroom. Priced with needed updates in mind, this property gives the next owner the chance to renovate, increase rental potential, and create long-term value in one of Pittsburgh's most desirable rental neighborhoods. Conveniently located near shops, restaurants, universities, hospitals, parks, public transportation, and all that Squirrel Hill has to offer. A rare opportunity to acquire a legal multi-unit property in a prime location with significant upside potential. Bring your vision and make this one shine!
Full Property Details
Full Property Details for 5862 Hobart St
General
- Price: $475,000
- Taxes: $5,168
- Status: Active
- Type: Triplex
- Source: West_Penn_MLS
- MLS ID: 1759127
- Updated: 6/10/2026
- Added to Site: 18 day(s) ago
Parking
- Garage: Yes
- Parking Features: Detached, Garage, Off Street
Location
- County: Allegheny-East
School Information
- Elem School District: Pittsburgh
- Midd School District: Pittsburgh
- High School District: Pittsburgh
Community
- Units Assoc/Comm: 3
Structural Information
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.1194
- Lot Dimensions: .1194
- Zoning: R3
Financial Considerations
- Assessment Amount: $210,000
- Tax Amount: $5,168
Listing courtesy of Aishel Real Estate
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Schools
Schools serving 5862 Hobart St
School District:Pittsburgh School District
| Name | Grades | Distance |
|---|---|---|
Pittsburgh Colfax K-8 2332 Beechwood Boulevard, Pittsburgh, PA 15217 | K-8 | 0.2 mi |
Pittsburgh Allderdice High School 2409 Shady Avenue, Pittsburgh, PA 15217 | 9-12 | 0.3 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 5862 Hobart St
Date
Details
Price
Change
Source
6/10/2026
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5862 Hobart St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,350
-74%
$210,000
—
2025
$5,195
7%
$210,000
—
2024
$4,838
—
$210,000
—
2023
$4,838
1%
$210,000
—
2022
$4,775
-1%
$210,000
—
2021
$4,828
2%
$210,000
—
2020
$4,752
—
$210,000
—
2018
$4,752
—
$210,000
—
2017
$4,752
-1%
$210,000
—
2016
$4,805
—
$210,000
—
2015
$4,805
4%
$210,000
—
2014
$4,607
—
$210,000
—
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 5862 Hobart St
5862 Hobart St, Pittsburgh, PA 15217 (MLS# 1759127) is a Triplex property with 0 bedrooms and 0 full bathrooms. 5862 Hobart St is currently listed for $475,000 and was received on June 10, 2026. Want to learn more about 5862 Hobart St? Do you have questions about finding other Triplex real estate for sale in Squirrel Hill? You can browse all Squirrel Hill real estate or contact a Coldwell Banker agent to request more information.

