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Listed by EXP REALTY LLC
$ 2,500,000
Est. payment /mo
Active
2040 Kendon Dr Wilkinsburg, PA 15221
5,401 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1763475
HOA Y/N No
Year Built 1956
Lot Size 5,401 Sqft
Acres 0.124
Property Sub-Type Other
Property Description
A rare chance to acquire scale in one closing: 17 stabilized single-family rental homes across Allegheny, Washington, and Westmoreland Counties, priced at just $147,059 per door. This portfolio has been self-managed by ownership for its entire holding period — meaning the in-place 6.37% cap rate reflects unoptimized operations. Bring institutional or semi-professional management to the table and the numbers already point to an 8.37% normalized cap rate, with further upside available through rent optimization, expense efficiencies, and lease renewals at market.
This isn't a single high-risk asset — it's a diversified income stream. 17 doors spread across 11 municipalities and 3 counties means no single vacancy, eviction, or local market shift moves the needle on your return. A blended mix of Section 8 and market-rate leases delivers the best of both worlds: government-backed payment stability alongside market upside. Combined scheduled rent runs $25,403/month — $304,836 annualized — and every property is held free and clear of third-party management contracts or franchise agreements, so due diligence and transfer are clean and fast.
For the investor who wants to scale a rental portfolio without spending a year assembling it door by door, absorbing a dozen separate broker fees, and competing against other buyers on each individual listing — this is the shortcut. One offer, one closing, 17 cash-flowing assets, immediate scale.
Addresses Include: 18 Walkers Mill Rd, Carnegie, PA 15106
640 11th St, Pitcairn, PA 15140
596 Upston St, McKeesport, PA 15133
2040 Kendon Dr E, Pittsburgh, PA 15221
137 McKean Ave, Charleroi, PA 15022
522 10th St, Pitcairn, PA 15140
137 Robin St, North Versailles, PA 15137
426 Wherry Rd, Bentleyville, PA 15314
204 Aliquippa Ave, Monessen, PA 15062
408 McDade Ln, Cheswick, PA 15024
807 Richmond St, Arnold, PA 15068
529 E 9th Ave, Tarentum, PA 15084
717 Foster Ave, Duquesne, PA 15110
1543 Montier St, Pittsburgh, PA 15221
1505 Flagler St, McKeesport, PA 15132
2340 Park Hill Dr, Pittsburgh, PA 15221
408 E Carter Dr, North Versailles, PA 15137
This isn't a single high-risk asset — it's a diversified income stream. 17 doors spread across 11 municipalities and 3 counties means no single vacancy, eviction, or local market shift moves the needle on your return. A blended mix of Section 8 and market-rate leases delivers the best of both worlds: government-backed payment stability alongside market upside. Combined scheduled rent runs $25,403/month — $304,836 annualized — and every property is held free and clear of third-party management contracts or franchise agreements, so due diligence and transfer are clean and fast.
For the investor who wants to scale a rental portfolio without spending a year assembling it door by door, absorbing a dozen separate broker fees, and competing against other buyers on each individual listing — this is the shortcut. One offer, one closing, 17 cash-flowing assets, immediate scale.
Addresses Include: 18 Walkers Mill Rd, Carnegie, PA 15106
640 11th St, Pitcairn, PA 15140
596 Upston St, McKeesport, PA 15133
2040 Kendon Dr E, Pittsburgh, PA 15221
137 McKean Ave, Charleroi, PA 15022
522 10th St, Pitcairn, PA 15140
137 Robin St, North Versailles, PA 15137
426 Wherry Rd, Bentleyville, PA 15314
204 Aliquippa Ave, Monessen, PA 15062
408 McDade Ln, Cheswick, PA 15024
807 Richmond St, Arnold, PA 15068
529 E 9th Ave, Tarentum, PA 15084
717 Foster Ave, Duquesne, PA 15110
1543 Montier St, Pittsburgh, PA 15221
1505 Flagler St, McKeesport, PA 15132
2340 Park Hill Dr, Pittsburgh, PA 15221
408 E Carter Dr, North Versailles, PA 15137
Location
State PA
County Allegheny-east
Area Wilkinsburg
Zoning RES
Interior
Interior Features InteriorFeatures
Fireplace No
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