Pittsburgh School Properties

In 2012 Fourth River Development was selected by the School District of Pittsburgh to initiate an Asset Plan to maximize the value of a portfolio of twenty-one closed school properties within the city. The plan consists of (1) a thorough investigation and evaluation of each school, (2) recommendations to reduce holding costs and increase value, and (3) creative marketing/sales techniques for these very unique and in many cases historical properties.

Asset Maximization Plan for the Pittsburgh Public Schools (PDF download 8MB)

To date, thirteen properties have been sold. Seven former school properties and one large vacant site are currently available, in addition to eight small vacant parcels spread throughout the city.

Click on the property name below for details

Former School Property
New Asking Price
$360,000
$395,000
$115,000
$285,000
$1,100,000
$1,500,000
$1,395,000
$495,000

Vacant Parcels
New Asking Price
APN 003-S-077 (South Side Slopes)
$500
APN 050-B-156 (Garfield)
$500
APN 054-F-081 (Greenfield)
$500
APN 054-K-001 (Greenfield)
$500
APN 174-L-347 (Homewood)
$500
APN 174-L-349 (Homewood)
$500
APN 173-G-067 (Lincoln Lemington)
$500
APN 011-E-208 (Hill District)
$500