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1945 Leishman Ave, Arnold, PA, 15068

10beds
5baths
--sqft
$325,000
--price/sqft
$2,352/moest. monthly cost
$94,080/yrincome needed

About This Home

Turnkey Investment Opportunity! Don't miss this exceptional 5-unit apartment building located in the City of Arnold that has been completely remodeled from top to bottom, with completely new electrical, plumbing and HVAC systems this property offers investors a low-maintenance asset with immediate income potential. Every unit has been thoughtfully updated, providing modern living spaces that attract and retain long-term quality tenants. The property features separate electric service for each unit, allowing tenants to pay their own electric while the owner covers water and sewage, helping to keep operating expenses predictable. With strong cash flow and solid rental demand, this rent-ready property is an excellent addition to any investment portfolio. Conveniently situated near shopping, restaurants, parks, and major commuter routes, the location offers easy access to everything tenants need while providing investors with a dependable income-producing asset in a growing rental market. Whether you're a seasoned investor looking to expand your holdings or a buyer seeking a turnkey multifamily property, this remodeled five-unit building delivers the perfect combination of updated condition, efficient utility setup, and outstanding income potential. Start generating returns from day one with this exceptional investment opportunity!

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

4/10
--
Martin SchoolGrades PK-K1.7 mi

Construction

Materials

  • Roof: Other
  • Construction materials: Aluminum Siding,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 5

Property

Details

  • Parcel number: 0202030316
  • Zoning: Res
  • Zoning description: Res

Lot

  • Lot size: 3,484 sqft
  • Lot size dimensions: 31 x 119 x 31 x 119

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Lightning

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance *$160$1,920
Property Taxes $325$3,900
Electricity $224$2,692
Total$2,352$28,224
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$80,640/yr
40% on housing$70,560/yr
45% on housing$62,720/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.9%
12.9%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -1.9%
-1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 15068$88
Westmoreland County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 15068$150
Westmoreland County$147

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-07Pending sale$325,000
2026-08-01Listed for sale$325,000
2013-09-27Sold$19,500
2013-08-17Price change$5,000
2013-07-17Price change$29,900
2013-05-14Price change$32,900
2013-04-23Listed for sale$35,900
2013-03-25Sold$1,187
2013-03-12Listed for sale$38,000
2007-03-23Sold$100,700
2005-06-17Sold$72,500
2004-08-17Sold$4,760
2002-04-22Sold$60,000

For Sale by Agent

AgentJustin Kovach
BrokerageKELLER WILLIAMS STEEL CITY

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