Multi Family Investment Properties for Sale in Pittsburgh, PA
504- 4 Bed
- 2 Bath
- - sft
341- 4 Bed
- 2 Bath
- - sft
286- - Bed
- - Bath
- - sft
55- 5 Bed
- 6 Bath
- - sft
Why Invest in Pittsburgh, Pennsylvania?
Pittsburgh's multifamily market offers compelling value for investors seeking stable cash flow in a growing secondary market. With a 4.5% vacancy rate and 3.8% rent growth, the market demonstrates healthy fundamentals and strong tenant demand. The city's diverse economy, anchored by healthcare, education, and technology sectors, supports consistent rental income. At $67.9k per unit, multifamily assets remain affordable compared to coastal markets, while an 8.0% cap rate provides attractive returns for value-focused investors.
Frequently Asked Questions
Pittsburgh's multifamily cap rate stands at 8.0% as of Q2 2024, offering attractive returns compared to coastal markets. This rate reflects the balance between strong rental demand and moderate property valuations, making it competitive for value-focused investors seeking stable cash flow.
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