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$499,000

329 Downing St Polish Hill, PA 15219

0.1 acres
Multi-Family

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

Home typeQuadruplex
StatusAccepting Backup Offers
(Contingent)
BasementYes
Lot size0.1125 Acres
Year built1900
ParkingOff Street
MLS #1695343

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

IDX The multiple listing information is provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. IDX info provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change, or withdrawal. Listings displaying the IDX logo belong to brokers other than this broker. Neither the listing broker(s) nor this broker or the MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

Copyright © 2025 West Penn Multi-List, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 11:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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Tax history

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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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,821. Typical income of Polish Hill, PA residents is less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

54%
<35k
36%
35k-100k
10%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

79%
Single, No Kids
6%
Single, with Kids
12%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
3%
12-17 yrs old
32%
18-34 yrs old
41%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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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.

Accepting Backup Offers: 329 Downing St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

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.

While more than 249 listings in Polish Hill, PA in June 2025 were sold above asking price, there were more than 113 listings sold at asking price, and more than 328 were sold below. The inventory of homes for sale in Polish Hill, PA between May and June 2025 increased by 5.7%. While the average time on the market in June 2025 was 37 days, the median list price was $254,724.

From Rocket Homes Real Estate and based on county public records data.

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