517 Ridge Avenue

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Active
$239,900
2 beds
517 Ridge Ave, Carnegie, PA 15106
Est: $1,450/moGet pre-approved
Single FamilyProperty Type
0.39 acresLot Size
1880Year Built
3 carsParking Spaces

Description

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...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.
1 day on Market
  • Listed by: • BERKSHIRE HATHAWAY THE PREFERRED REALTY
Last updated: 09/18/2026 03:00 PM • Source: WPMLS, MLS#: 1775074

Location

Listing Courtesy of BERKSHIRE HATHAWAY THE PREFERRED REALTY
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$1,450 per month

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Principal and Interest

$1,240

Property Taxes

$210

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Property Information for 517 Ridge Avenue

Property Details
  • Taxes: $2,519 / year
  • MLS Type: Residential / Residence/Single Family
  • County: Allegheny County
  • Parking Spaces: 3
  • Style: 2 Story or 2 Level
  • Subdivision Name: Orchard Park
Building Information
  • Year Built: 1880
  • Lot Size: 0.39 AC / 16,831 SF
Summary
Location and General Information
  • City Name: Carnegie
  • Postal Code: 15106
  • County Or Parish: Allegheny-West
  • County M 360: Allegheny
  • State Or Province: Pennsylvania
  • Directions: 376 - Exit 65 to Lydia Street. Left onto Chestnut. Right onto Ridge. Property on left.
  • Public Transportation: Yes
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 0066-J-00146-0000-00
  • Taxes: $2,519
School Information
  • School District: Carlynton
  • School Transportation: Yes
Parking
  • Parking Description: Off-Street Parking
Property
Lot Information
  • Acres: 0.3864
  • Lot Size: 0.3864
  • Type of Property: Residence/Single Family
  • Area: Carnegie
  • Construction: Brick
Property and Assessments
  • New Construction Type: Existing
  • Year Built Numeric: 1880
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 33
Utilities
  • Sewage: Public
  • Water: Public
Interior and Exterior Features
Exterior Features
  • Roof: Asphalt
Interior Features
  • Room Count: 8
  • Baths Full: 2
  • Baths Full Locations: Main, Upper
  • Baths Total: 2.0
  • Inclusions: Electric Stove, Wall to Wall Carpet
  • Floors: Vinyl, Wall to Wall
  • Basement: No
  • Insulation: Yes
  • Room and Features: Laundry Room-Upper, Kitchen-Upper, Living Room-Lower, Kitchen-Lower, Primary Bedroom-Lower, Laundry Room-Lower, Living Room-Upper, Primary Bedroom-Upper
  • Room List: Laundry Room, Kitchen, Living Room, Primary Bedroom
Room Information
Room 1
  • Room Level 1: Lower
  • Room Size 1: 17x13
  • Room Type 1: Living Room
Room 2
  • Room Level 2: Lower
  • Room Size 2: 16x15
  • Room Type 2: Kitchen
Room 3
  • Room Level 3: Lower
  • Room Size 3: 16x11
  • Room Type 3: Primary Bedroom
Room 4
  • Room Level 4: Lower
  • Room Size 4: 8x6
  • Room Type 4: Laundry Room
Room 5
  • Room Level 5: Upper
  • Room Size 5: 15x12
  • Room Type 5: Living Room
Room 6
  • Room Level 6: Upper
  • Room Size 6: 17x14
  • Room Type 6: Primary Bedroom
Room 7
  • Room Level 7: Upper
  • Room Type 7: Laundry Room
Room 8
  • Room Level 8: Upper
  • Room Size 8: 17x11
  • Room Type 8: Kitchen
Multi Family
Multi-Family Information
  • Num of Units: 3
Rental
Rental Information
  • Tenant Occupied: Yes

Property History for 517 Ridge Avenue

DateEvent & SourcePriceAppreciation
Sep 18, 2026

Price Change

WPMLS #1754448

$239,900—
Sep 18, 2026

Listed (Active)

WPMLS #1775074

$239,900—
Sep 17, 2026

Price Change

WPMLS #1754448

$240,900—
DateEvent & SourcePrice
09/18/2026

Price Change

WPMLS #1754448

$239,900
09/18/2026

Listed (Active)

WPMLS #1775074

$239,900
09/17/2026

Price Change

WPMLS #1754448

$240,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 517 Ridge Avenue

Taxable ValueLand$27,100Additions$30,900Total$58,000
Tax Record2026$2,519 ($210 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,551 SqFtAbove Grade Finished SqFt1,551 SqFtStories2Lot Size16,832 SqFtStyleSingle Family ResidenceYear Built1880CountyALLEGHENYAPN66-J-146

Schools near 517 Ridge Avenue

This home is within Carlynton School District.
Rating
School
Type
Grades
Distance
Carnegie El School
Public - K to 6
Carlynton Junior-Senior High School
Public - 7 to 12
Crafton El School
Public - K to 6
St. Elizabeth Ann Seton School
Private - PK to 8
Rating
School
Distance
Carnegie El School
PublicK to 6

Carlynton Junior-Senior High School
Public7 to 12

Crafton El School
PublicK to 6

St. Elizabeth Ann Seton School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 517 Ridge Avenue, Carnegie, PA 15106

517 Ridge Avenue is a single family home for sale in Carnegie, PA 15106. This property was listed for sale on September 18, 2026 by BERKSHIRE HATHAWAY THE PREFERRED REALTY, it's currently listed at $239,900. It has been on the market for a total of 1 days and was last sold on December 4, 2017. This listing's school district is Carlynton School District. Nearby schools include Carnegie El School, Carlynton Junior-Senior High School and Crafton El School. 517 Ridge Avenue is a 2-bed, 2-bath single family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BERKSHIRE HATHAWAY THE PREFERRED REALTY

The information is being provided by West Penn Multi-List, Inc. Information deemed reliable, but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 West Penn Multi-List, Inc.. All Rights Reserved. Last Updated: 09/18/2026 03:00 PM