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$247,700
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Property Description
Fully occupied, cash-flowing duplex in Observatory Hill - income on Day 1 with value-add upside. Two identical 2BR/1BA layouts: Unit 1 (first floor) has an updated kitchen & bath; Unit 2 mirrors the layout with original finishes but great potential to lift rents with future updates. Comfortable living areas, good natural light, and a full basement with two separate laundry hookups (one per unit) plus storage. Tenants pay gas & electric. Convenient to bus lines, Riverview Park, and quick Downtown access via Perrysville. Strong buy-and-hold in a high-demand rental corridor. Rent roll/expenses available.
Full Property Details
Full Property Details for 3340 Portola Ave
General
- Sold For: $247,700
- Taxes: $1,608
- Status: Closed
- Type: Duplex
- Source: West_Penn_MLS
- MLS ID: 1724193
- Added to Site: 102 day(s) ago
Parking
- Total Spaces: 2
- Parking Features: Off Street
Location
- County: Allegheny-North
- Driving Directions: Turn L onto Perrysville Avenue, Take a slight R turn onto Delaware Street, Turn L onto Portola Avenue, Duplex is on R.
School Information
- Elem School District: Pittsburgh
- Midd School District: Pittsburgh
- High School District: Pittsburgh
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: 1920
Lot Features
- Lot Size (Acres): 0.1472
- Lot Dimensions: .1472
- Zoning: TWO
Financial Considerations
- Assessment Amount: $65,000
- Tax Amount: $1,608
Listing courtesy of Re/Max Select Realty
Sold courtesy of Piatt Sotheby's International Realty
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Schools
Schools serving 3340 Portola Ave
School District:Pittsburgh School District
| Name | Grades | Distance |
|---|---|---|
Pittsburgh Morrow K-5 1611 Davis Avenue, Pittsburgh, PA 15212 | K-8 | 1.5 mi |
Pittsburgh Perry High School 3875 Perrysville Avenue, Pittsburgh, PA 15214 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3340 Portola Ave
Date
Details
Price
Change
Source
12/30/2025
Sold
$247,700
10.09%
MLS
10/06/2025
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3340 Portola Avenue, Observatory Hill, PA 15214 (MLS# 1724193) is a Duplex property that was sold at $247,700 on December 30, 2025. Want to learn more about 3340 Portola Avenue? Do you have questions about finding other Duplex real estate for sale in Observatory Hill? You can browse all Observatory Hill real estate or contact a Coldwell Banker agent to request more information.

