2040 Kendon Dr
Pittsburgh, PA 15221

94 Days on Market

A rare chance to acquire scale in one closing: 17 stabilized single-family rental homes across Allegheny, Washington, and Westmoreland Counties, priced at just $147,059 per door. This portfolio has been self-managed by ownership for its entire holding period — meaning the in-place 6.37% cap rate reflects unoptimized operations. Bring institutional or semi-professional management to the table and the numbers already point to an 8.37% normalized cap rate, with further upside available through rent optimization, expense efficiencies, and lease renewals at market.

This isn't a single high-risk asset — it's a diversified income stream. 17 doors spread across 11 municipalities and 3 counties means no single vacancy, eviction, or local market shift moves the needle on your return. A blended mix of Section 8 and market-rate leases delivers the best of both worlds: government-backed payment stability alongside market upside. Combined scheduled rent runs $25,403/month — $304,836 annualized — and every property is held free and clear of third-party management contracts or franchise agreements, so due diligence and transfer are clean and fast.

For the investor who wants to scale a rental portfolio without spending a year assembling it door by door, absorbing a dozen separate broker fees, and competing against other buyers on each individual listing — this is the shortcut. One offer, one closing, 17 cash-flowing assets, immediate scale.

Addresses Include: 18 Walkers Mill Rd, Carnegie, PA 15106
640 11th St, Pitcairn, PA 15140
596 Upston St, McKeesport, PA 15133
2040 Kendon Dr E, Pittsburgh, PA ...

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Listing Courtesy of: EXP REALTY LLC
Listing Agent: Hayleigh Federowicz
888-397-7352

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Property Taxes 0
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Homeowners Insurance 1250
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West Penn MLS data last updated on October 08, 2026 05:25 PM - ET.

Property Last Updated: October 08, 2026 05:25 PM - ET