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Property profile & analytics
OFF-MARKET
Apartment buildings

3521-3523 Run Rd Munhall, PA 15120

Built 1970
Property ID
Property summary
AI-generated overview

This turnkey multifamily investment opportunity in Munhall, Pennsylvania, presents a well-maintained 12-unit apartment building built in 1970. The property consists of two identical buildings, each featuring six units: five one-bedroom apartments and one efficiency apartment. Recent upgrades include new roofs and windows, updated kitchens, bathrooms, and flooring, eliminating any deferred maintenance. The property boasts a 12-car parking lot and includes eight coin-operated laundry machines generating approximately $2,269 in annual income. Utilities are included for the two efficiency units, while one-bedroom tenants are responsible for gas and electric. Each apartment includes central air conditioning, a private storage locker, and a master key system provides convenient access. The common area patio has been professionally updated with commercial-grade brick pavers, concrete planters, a new wall, and concrete steps with a commercial railing. The property sits on a 2,178 square foot lot and is offered at $995,000, representing an 8.24% cap rate. This is an excellent opportunity for investors seeking a stable, high-performing multifamily asset with minimal deferred maintenance. A virtual tour is available online.

Property profile
Verified
Property type Apartment buildings
Year built 1970
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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