Where to invest in Pittsburgh?

Question

I am looking to get into house hacking (Preferably a duplex) and moved to Pittsburgh about 6 months ago. I was wondering what areas were up and coming to invest in. I am more open to outside of the city due to prices being high within the city limits. I have been recently looking into Carnegie, Green Tree, and Bridgeville areas. Wanted to hear others opinions.

Jeremy Taggart · Answer

@Matthew Moffitt The East End is starting to spill outwards since prices have gone thru the roof there. So think across the river along 28 like Troy Hill, Millvale, Etna, Sharpsburg, etc. Also the other side of 376 like Swissvale and Greenfield. Along 65 kind of the same thing since there is easy access to downtown from there. Brighton Heights, Bellevue, Avalon. West you have Crafton, Ingram, and Carnegie are all solid areas that are getting some spill over as well since they are still relatively affordable and close to everything. In the south Beechview and Brookline are still somewhat affordable given proximity to T and downtown they are attractive. Getting a little further outside the city, but still close enough: Coraopolis, Ambridge, Bridgeville, Canonsburg, Verona are all good options.

Key to "up and coming" areas IMO is find an area that's "good enough" but not "top tier" so people will become attracted to those areas for their affordability/proximity but still have room to grow. If you get an area that's "too far gone" then they tend to struggle to gain traction at all and are slightly riskier bets. Although there are the one off's that will fully gentrify having started as a ghetto but it's more rare compared to the already halfway decent areas. They aren't as intimidating for people to move to and start that gentrification wave.

Anthony Angotti · Answer

Would be happy to discuss over a cup of coffee if you are interested, but keep in mind that the areas that generally work out the best have a few factors.

A walkable main street with some good businesses. Examples would be Mt Lebanon, Dormont, Carnegie, Shadyside, Bellevue, Brookline, East Liberty, Lawrenceville, Millvale, etc.

You want a walkable business district. That generally keeps people around.

You also want good access to public transportation and/or easy access to a main road. Northwest of the city that would be Ohio River Blvd. South would be 19 or the highway. East/North is usually 28.

Gary Swank · Answer

HI Matthew. Let's connect and discuss your plans and goals. Gary

Jose Ochoa · Answer

There’s some areas within the city that are somewhat cheap, but in a lot of instances you’ll need to do some rehab.
it also depends on what you can tolerate while living there. Every neighborhood has it’s unique feel, you probably know that already being here.

If you want to connect feel free to shoot me a message, I’d be more than glad to chat.

Miranda Micire · Answer

Hey Matthew! I just sent you a message. Looking forward to talking further.

Sterling LaLoge · Answer

I've got a Duplex for sale in Pittsburgh. Contact me if you are still interested.

Where to invest in Pittsburgh?

Where to invest in Pittsburgh?

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