5423 Wellesley Ave

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Description

Pretty darn turn key opportunity for investment purposes in the desirable Morningside neighborhood! Located on a quiet street with new roof, and a complete interior cosmetic renovation, this place should provide years of worry free income potential! The upper unit offers four bedrooms, and two baths! imagine how fast this will fill up with students if that's the route you choose! A great covered back porch accents the already vast living space, and the covered front porch is a great place for your...Pretty darn turn key opportunity for investment purposes in the desirable Morningside neighborhood! Located on a quiet street with new roof, and a complete interior cosmetic renovation, this place should provide years of worry free income potential! The upper unit offers four bedrooms, and two baths! imagine how fast this will fill up with students if that's the route you choose! A great covered back porch accents the already vast living space, and the covered front porch is a great place for your appreciative tenants to sip an iced tea and watch the day go by on the weekend! A large back yard offers even more communal space. Mechanics, plumbing and electrical in good shape, but are not brand new. Renovations completed within the last 2 years. roof less than 2 years old as well! Double paned windows already in place! Right off the bus line by 2 blocks!
  1. Listed by KELLER WILLIAMS REALTY

Property Details for 5423 Wellesley Avenue

Parking Spaces
2
Zoning
R-2
LISTING UPDATED: 04/18/2025 07:04 PM

Property Details for 5423 Wellesley Avenue

StatusActive
MLS #1696979
Days on Market298
Taxes$2,172 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Unit / Duplex
Year Built1900
Lot Size0.05 AC / 2,374 SF
CountyAllegheny County

Location

Listing Courtesy of KELLER WILLIAMS REALTY
Add your commute

Building Information for 5423 Wellesley Avenue

Stories-Residences-Year Built1900Building Size-Lot Size0.05 AC / 2,374 SF

Payment Calculator

$2,594 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,413

Property Taxes

$181

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5423 Wellesley Avenue

Summary
Location and General Information
  • City Name: Pittsburgh
  • Postal Code: 15206
  • County Or Parish: Allegheny-East
  • County M 360: Allegheny
  • State Or Province: Pennsylvania
  • Directions: N Negley to R onto Stanton, L onto Chislett, R onto Wellesley. Property on left. or N Highland to R onto Wellesley. Property on right.
  • Public Transportation: Yes
Taxes and HOA Information
  • Map Num Block Num Lot Num Info: 0082-J-00312-0000-00
  • Taxes: $2,172
School Information
  • School District: Pittsburgh
  • School Transportation: Yes
Parking
  • Parking Description: On-Street Parking
Property
Lot Information
  • Acres: 0.0545
  • Lot Size: 0.0545
  • Type of Property: Duplex
  • Area: Morningside
  • Construction: Brick, Vinyl
Property and Assessments
  • Year Built Numeric: 1900
  • Disclaimer: Information Deemed Reliable, But Not Guaranteed
  • Photo Count: 27
Utilities
  • Utilities Available: Electricity, Gas, Sewer, Water
Interior and Exterior Features
Exterior Features
  • Roof: Composition
Interior Features
  • Baths Total: 0.0
  • Basement: Yes
  • Basement Description: F-Unfin
  • Insulation: Yes
  • Insulation Type: Unknown
Multi Family
Multi-Family Information
  • Num of Units: 2
Income and Expenses
  • Gross Annual Income: $42,000
Unit Information
Unit 1
  • Unit Full Baths 1: 2
  • UNIT Monthly Rent 1: 2300
  • Unit Num Bedrooms 1: 4
Unit 2
  • Unit Full Baths 2: 1
  • UNIT Monthly Rent 2: 1200
  • Unit Num Bedrooms 2: 1
Rental
Rental Information
  • Tenant Occupied: Yes
  • Vacancy Percentage: 50

Property History for 5423 Wellesley Avenue

DateEvent & SourcePriceAppreciation
Apr 16, 2025

Listed (Active)

WPMLS #1696979

$495,000—
Feb 7, 2022

Sold (Public Record)

Public Record #1486907571

$215,000—
Feb 7, 2022

Sold (Public Record)

Public Record #1486907571

$215,000—
Feb 7, 2022

Sold

WPMLS #1514124

$215,000—
Feb 7, 2022

Sold

WPMLS #1522639

$215,000—
Jan 15, 2022

Pending

WPMLS #1514124

—
Jan 15, 2022

Pending

WPMLS #1522639

—
Dec 19, 2021

In Contract

WPMLS #1514124

—
Dec 19, 2021

In Contract

WPMLS #1522639

—
Sep 18, 2021

Price Change

WPMLS #1514124

$219,900—
Sep 18, 2021

Listed (Active)

WPMLS #1522639

$219,900—
Jul 29, 2021

Listed (Active)

WPMLS #1514124

$229,900—
Apr 8, 2016

Sold

WPMLS #1211636

$120,000—
Mar 12, 2016

Pending

WPMLS #1211636

—
Mar 9, 2016

Listed (Active)

WPMLS #1211636

$125,000—
Aug 11, 2013

Expired

WPMLS #929280

—
Aug 11, 2012

Listed (Active)

WPMLS #929280

$84,900—
Apr 8, 1998

Sold

WPMLS #174436

$26,000—
Feb 1, 1998

Pending

WPMLS #174436

—
Aug 19, 1997

Listed (Active)

WPMLS #174436

$29,900—
DateEvent & SourcePrice
04/16/2025

Listed (Active)

WPMLS #1696979

$495,000
02/07/2022

Sold (Public Record)

Public Record #1486907571

$215,000
02/07/2022

Sold (Public Record)

Public Record #1486907571

$215,000
02/07/2022

Sold

WPMLS #1514124

$215,000
02/07/2022

Sold

WPMLS #1522639

$215,000
01/15/2022

Pending

WPMLS #1514124

—
01/15/2022

Pending

WPMLS #1522639

—
12/19/2021

In Contract

WPMLS #1514124

—
12/19/2021

In Contract

WPMLS #1522639

—
09/18/2021

Price Change

WPMLS #1514124

$219,900
09/18/2021

Listed (Active)

WPMLS #1522639

$219,900
07/29/2021

Listed (Active)

WPMLS #1514124

$229,900
04/08/2016

Sold

WPMLS #1211636

$120,000
03/12/2016

Pending

WPMLS #1211636

—
03/09/2016

Listed (Active)

WPMLS #1211636

$125,000
08/11/2013

Expired

WPMLS #929280

—
08/11/2012

Listed (Active)

WPMLS #929280

$84,900
04/08/1998

Sold

WPMLS #174436

$26,000
02/01/1998

Pending

WPMLS #174436

—
08/19/1997

Listed (Active)

WPMLS #174436

$29,900

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

Public Records for 5423 Wellesley Avenue

Taxable ValueLand$25,800Additions$66,700Total$92,500
Tax Record2025$2,288 ($191 / month)
Home Facts
Baths2Total Finished SqFt2,120 SqFtAbove Grade Finished SqFt2,120 SqFtStories2Lot Size2,375 SqFtStyleDuplexYear Built1900CountyALLEGHENYAPN82-J-312

Schools near 5423 Wellesley Avenue

This home is within Pittsburgh Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 12
Public - 6 to 12
Public - PK to 5
Rating
School
Distance
Pittsburgh Sunnyside K-8
PublicPK to 8

Pittsburgh Milliones 6-12
Public6 to 12

Pittsburgh Obama 6-12
Public6 to 12

Pittsburgh Dilworth K-5
PublicPK to 5

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.

Similar Homes

Similar Sold Homes

5423 Wellesley Avenue is a multi-family home for sale in Pittsburgh, PA 15206. This property was listed for sale on April 16, 2025 by KELLER WILLIAMS REALTY, it's currently listed at $495,000. It has been on the market for a total of 298 days and was last sold on February 7, 2022. This listing's school district is Pittsburgh Public Schools. Nearby schools include Pittsburgh Sunnyside K-8, Pittsburgh Milliones 6-12 and Pittsburgh Obama 6-12. 5423 Wellesley Avenue is a 0-bed, 0-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS 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: 04/18/2025 07:04 PM