3521-3523 Run Rd Munhall, PA 15120
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.