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331 Clarence St, Pittsburgh, PA, 15211

4beds
2baths
2,368sqft
$260,000
$110price/sqft
$2,246/moest. monthly cost
$89,840/yrincome needed

About This Home

INCREDIBLE INVESTMENT OPPORTUNITY!! This property doesn't just offer a beautiful home, but also provides a rare land value & future potential. Could stay as an income generating rental, or renovate it back to a duplex!! Situated on an exceptionally large double lot (approximately 9,000 sq ft), this property provides opportunities rarely found in the Mt. Washington market & features approximately 2,368 sq ft of living space, including 4 bedrooms, 2 full bathrooms, a full basement, central air, off-street parking, covered porch, decks, and patio areas!! The possibilities are what make this property truly special: Move right in and make it your own, Renovate & build equity, Explore converting into a multi-unit investment property, Potential tear-down/rebuild opportunity — create a custom home on a rare oversized Mt. Washington parcel. Many surrounding properties have been transformed with new construction, making this an exciting option for builders, investors, and buyers looking for something beyond the typical Pittsburgh lot. Convenient location: walkable to the iconic Mt. Washington Incline, Minutes from downtown Pittsburgh, Close to restaurants, shopping, parks, and major roadways. Enjoy the charm and convenience of Mt. Washington while having room to breathe. Whether you’re searching for a unique primary residence, investment opportunity, or a rare redevelopment site — 331 Clarence Street offers flexibility, location, and potential that is becoming increasingly difficult to find.

Getting Around

60
WalkingSomewhat Walkable
56
TransitGood Transit
28
BikeSomewhat Bikeable

Schools

5/10
Pittsburgh Whittier K-5Grades K-50.3 mi
3/10
2/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1908

Materials

  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial,Three Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Some Gas Appliances,Dishwasher,Refrigerator,Stove

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Window features: Multi Pane
  • Flooring: Hardwood,Tile,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Decorative
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,368
  • Total interior livable area: 2,368 sqft

Property

Details

  • Parcel number: 0006K00315000000

Features

  • Levels: Three Or More
  • Stories: 3

Lot

  • Lot size: 9,147 sqft
  • Lot size dimensions: 100 x 91 x 101 x 90 Ap x .

Parking

  • Total spaces: 4
  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,314$15,768
Home Insurance *$135$1,620
Property Taxes $538$6,456
Electricity $259$3,117
Total$2,246$26,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,005/yr
40% on housing$67,380/yr
45% on housing$59,893/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.3%
8.3%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$110This listing

vs Other Active Listings

Avg $/sqft

ZIP 15211$198
Allegheny County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 15211$178
Allegheny County$167

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-08Price change$260,000
2026-06-21Price change$259,900
2024-10-29Listing removed$1,600
2024-10-19Listed for rent$1,600
2024-10-02Price change$279,000
2024-09-03Price change$299,000
2024-07-29Listed for sale$349,000
2024-05-04Listing removed--
2024-04-06Listed for rent$1,800
2023-03-13Listing removed--
2023-02-26Listed for rent$1,600
2014-10-02Listing removed$169,900
2014-05-19Price change$169,900
2014-04-05Price change$174,000
2014-03-21Listed for sale$179,900
2010-12-06Sold$4,500
2007-01-31Sold$112,500
2004-04-20Sold$78,000
2002-05-15Sold$28,000
1994-12-02Sold$48,500

For Sale by Agent

AgentMichael Bassilios
BrokerageHOWARD HANNA REAL ESTATE SERVICES

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