Quick Carnegie Real Estate Search

View All Carnegie PA Multi-Family Home Listings

$150,000
Welcome to 621-623 Ridge Ave., Carnegie, PA 15106! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this duplex offers outstanding potential. Each unit features 2 bedrooms and 1 full bathroom with separate living spaces, functional kitchens, and private basements providing plenty of storage. Both units are currently tenant occupied on month-to-month leases, offering flexibility for investors or owner-occupants. Major mechanical updates help provide peace of mind, including newer furnaces for both units, windows in good condition, and hot water tanks in good working order. The kitchens are in solid condition, one bathroom has already been updated, while the second offers an opportunity for added value. Cosmetic updates throughout provide the perfect chance to increase equity, improve rental income, or customize the property to your vision. Located in the heart of Carnegie, this property offers convenient access to downtown Pittsburgh, I-376, I-79, and Route 50, making commuting simple. Enjoy nearby restaurants, coffee shops, local breweries, parks, shopping, and the walkable Carnegie business district. Its location near major employers, universities, and public transportation continues to make Carnegie an attractive rental market. Whether you're searching for your next cash-flowing investment or a house-hack opportunity, this duplex is packed with upside and ready for its next owner.

621-623 Ridge Ave, Carnegie

Listing courtesy of JANUS REALTY ADVISORS.

$239,900
Set within the established community of Carnegie, 517 Ridge Avenue presents a fully leased multi-unit investment opportunity offering immediate cash flow and stable occupancy. The property is currently fully occupied by long-term tenants with leases in place through April 2027, creating a turnkey opportunity for investors seeking reliable rental income from day one. In addition to the two residential units, the detached garage is separately leased for storage use, providing an additional income-producing component. Constructed with a classic red brick exterior, the property combines timeless curb appeal with practical functionality and low-maintenance living spaces. A retaining wall creates the benefit of additional off-street parking, while covered outdoor areas—including a covered patio for the lower unit and a covered porch for the upper unit—add tenant convenience and year-round usability. The lower unit features durable vinyl wood flooring throughout the main living spaces, an eat-in kitchen with ample cabinetry and included appliances, a spacious bedroom with double bifold closet, full bath, dedicated laundry room, and access to shared storage and utility space with exterior access and an additional half bath. The upper unit offers a bright and functional layout with a comfortable living area, spacious bedroom with in-unit laundry, full bath, and generously sized kitchen suitable for everyday living and long-term tenant retention. Mechanically, the property benefits from several important updates including a newer furnace and central air conditioning system servicing both residential units and a newer roof. Residential utilities are owner-paid, creating a simplified utility structure for tenants and ownership management. With multiple income streams, stable long-term tenancy, covered outdoor spaces, shared storage, off-street parking potential, and convenient access to shopping, dining, commuter routes, and downtown Pittsburgh, 517 Ridge Avenue presents a strong opportunity for investors seeking a well-positioned and income-producing asset in the Carnegie market.

517 Ridge Avenue, Carnegie

Listing courtesy of BERKSHIRE HATHAWAY THE PREFERRED REALTY.

Start Your Search

INFORMATION DEEMED RELIABLE, BUT NOT GUARANTEED. Listings courtesy of WEST PENN MULTILIST, INC.