#1704254, Rachel French, Listing office: Compass Pennsylvania, Llc
329 Downing St Polish Hill, PA 15219
Property details
About 329 Downing St
Fully updated brick 4-unit building in Polish Hill, now newly rezoned as a legal quadplex with two new off-street parking pads added, creating 4 total spaces (one per unit). This prime turn-key investment opportunity offers flexible long-term rental and short-term rental potential. Unit mix includes one 3-bedroom / 1-bathroom unit, two 1-bedroom / 1-bathroom units, and one Studio apartment. Some units currently operate as successful Airbnbs. Features refreshed kitchens and bathrooms, updated mechanicals. Solid construction, tall ceilings, separate entries with coded locks, laundry in largest unit, basement storage, and shed. Located minutes from Downtown, Lawrenceville, Oakland, and the Strip District. Ideal for investors, 1031 buyers, or house hackers seeking strong returns. Estimated 8.5% cap rate using conservative HUD Fair Market Rent figures. For a complete virtual walkthrough tour, search "329 Downing St" on YouTube.
Highlights
Summary
- Basement: Yes
- Parking: Off Street
- Architectural Style: Fourplex
- List Price: $499,000
- Year Built: 1900
- Lot Size: 0.1125 Acres
- MLS Number: 1695343
- MLS Name: WESTPENN
- Office Name: River Point Realty, Llc
- Office Phone: (412) 415-1115
- Office Email: rbrown@riverpointpgh.com
- Listing Agent: Tarasa Hurley
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Last updated on: 6/28/2025, 12:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,000
329 Downing St
$5,926
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Price information
Property sales
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Nearby schools
5
Pittsburgh Woolslair
Public District EE-5
0.6 mi
•501 40th St
5
Pittsburgh Arsenal
Public District EE-5
0.7 mi
•215 39th St
5
Pittsburgh Weil
Public District EE-5
1.0 mi
•2250 Centre Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,821. Most Polish Hill, PA residents have annual incomes less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 329 Downing St
The listing price of 329 Downing St property is $499,000.
The property 329 Downing St is a multi located in Polish Hill, Pennsylvania, 15219.
Active Listing: 329 Downing St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 329 Downing St are: Pittsburgh Woolslair (GreatSchools Rating 5/10), Pittsburgh Arsenal (GreatSchools Rating 5/10), Pittsburgh Weil (GreatSchools Rating 5/10), Pittsburgh Arsenal (GreatSchools Rating 7/10), Provident Charter School (GreatSchools Rating 4/10), Pittsburgh Schiller (GreatSchools Rating 6/10), Pittsburgh Milliones (GreatSchools Rating 3/10), Pittsburgh Online Academy (GreatSchools Rating 3/10), Passport Academy Charter School (GreatSchools Rating 1/10).
The year of construction for 329 Downing St is 1900.
This home is located at 329 Downing St in Polish Hill, PA and zip code 15219 in the Polish Hill neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $499,000.
In May 2025 more than 233 listings in Polish Hill, PA were sold above the asking price. During the same period more than 106 listings were sold at asking price, while more than 302 were sold below. The number of homes for sale in Polish Hill, PA increased by 12.2% between April and May 2025. In May 2025, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $253,634.