11 Linshaw Ave Pittsburgh, PA 15205
This exceptional 15-unit apartment building, located at 11 S Linshaw Ave, Pittsburgh, PA 15205, presents a compelling investment opportunity. The Class B property boasts 14 two-bedroom and 1 one-bedroom unit, all meticulously maintained. Tenants are responsible for gas and electric, minimizing operational expenses for the owner. The building features desirable amenities including off-street parking, laundry facilities, and balconies. A new roof was installed in 2023, and all mechanical systems are in excellent working order. The property's exceptional condition is a testament to the long-term ownership (over 20 years) and commitment to upkeep. Its prime location adjacent to the Crafton-Ingram Shopping Center provides unparalleled convenience for residents, with nearby retailers such as Giant Eagle, Planet Fitness, and Dollar Tree. The property benefits from its proximity to the highly-rated Montour School District, ranked 9th best in Western PA by niche.com. The asking price is $1,220,625, representing a price per unit of $81,375. The current NOI is $68,985, with a pro-forma NOI of $110,213, yielding a current cap rate of 5.65% and a pro-forma cap rate of 9.03%. This turnkey investment offers significant upside potential in a thriving Pittsburgh submarket. The all-brick building is exceptionally clean, neat, and orderly, making it an attractive and low-maintenance investment.
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
Similar Nearby for Lease
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.