7040 Penn Avenue sits in the heart of Point Breeze, one of Pittsburgh’s most established and sought-after East End neighborhoods — defined by tree-lined streets, handsome architecture, and residential stability that keeps quality rentals in steady demand and vacancy low. Inside, the units show clean and bright, with generously sized rooms, abundant natural light, air conditioning in every unit, and updated kitchens featuring stainless steel appliances — turnkey, move-in-ready space that attracts quality tenants and supports strong rents. The property is less than a mile from Bakery Square, the Walnut Capital-developed innovation and retail hub along Penn Avenue that anchors the East End’s tech corridor — home to Google’s Pittsburgh engineering offices, national retailers, dining, and a hotel. Frick Park, Shadyside, East Liberty, and the Oakland job core are all close at hand, minutes from the city’s largest employment and lifestyle centers. For investors, the fundamentals match the address. Tenants pay ALL utilities — holding operating costs down and protecting net income — and off-street parking is a real differentiator on a corridor where curb space is at a premium. In a neighborhood where renter demand runs deep and values continue to climb, 7040 Penn Avenue offers a stable, low-maintenance hold with meaningful long-term upside.

Listing courtesy of ALLEGHENY MULTI FAMILY LLC



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Last checked: 2026-09-18 06:06 PM UTC