1508 Abraham St · McKeesport, PA 15132

$114,900

3 bd · 1.0 ba · 1,218 sqft · SingleFamily public records · 30 Days on market

Built 1920 3,750 sqft lot Est $111k · at est.

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +24.2/30.0
• DSCR +7.8/10.0
• ARV discount +5.9/15.0
• 1% rule +5.6/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

super starter clean & neat lovely level backyard nice patio off back porch w fan

Key facts

• 2 story residence
• Full basement
• Convenient location

Tags

• 2 STORY RESIDENCE
• FULL BASEMENT
• CONVENIENT LOCATION
• CLOSE TO LOCAL AMENITIES
• CLASSIC NEIGHBORHOOD

Property features AI

Finance

• HOA & community: Access to public transportation

Exterior

• Parking: Attached garage (1 parking space total)
• Utilities: Public water
• Home design: 2-story residence; Resale condition
• Construction: Shingle siding; Composition roof
• Exterior features: Small lot (approx. 0.086 acres)

Interior

• Kitchen: Stove; Some gas appliances
• Bedrooms: Three bedrooms (two upper-level bedrooms and one upper-level third bedroom)
• Flooring: Carpet
• Bathrooms: One full bathroom
• Heating & cooling: Forced-air gas heating
• Interior features: Window treatments throughout; Decorative fireplace

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $229 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $115k).
• Recommended offer: $113k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 66/100 on livability (#1,089 in PA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D+, health & safety D, crime F.
• Mckeesport Area SD (suburban): math 11% / reading 28% proficiency, ranked #499 of 539 in PA (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 113 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
• This rent runs 41% of the median local income ($35k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $794 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 28y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $38k; list at $115k implies a 198% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $113,176 (1.5% below list)

Questions for the listing agent

1. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.06% ✓
• Cap rate: 8.68%
• Cash-on-cash: 8.54%
• DSCR: 1.38
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $110,838
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1707 Grandview Ave	0.11mi	2/1.0 (-1)	1,120 (-8%)	1mo	$110,000	$98	75
2104 Calvin St	0.28mi	2/2.0 (-1)	1,200 (-2%)	5mo	$110,000	$92	71
2112 Dalton	0.30mi	3/1.0	1,122 (-8%)	3mo	$75,000	$67	70
2817 Jenny Lind St	0.47mi	2/1.0 (-1)	1,232 (+1%)	2mo	$51,033	$41	70
1310 Pirl St	0.41mi	3/1.0	1,270 (+4%)	7mo	$55,000	$43	68
3021 Myer Blvd	0.40mi	3/1.0	1,296 (+6%)	7mo	$118,000	$91	65
473 Mccully St	0.55mi	3/1.5	1,260 (+3%)	3mo	$206,000	$163	64
3806 Sarah St	0.50mi	3/1.0	1,324 (+9%)	0mo	$129,900	$98	62
1819 Craig St	0.24mi	3/1.5	1,080 (-11%)	9mo	$139,900	$130	61
2405 Harrison St	0.44mi	3/2.5	1,320 (+8%)	7mo	$21,000	$16	53
2613 Cleveland St	0.58mi	2/1.0 (-1)	1,328 (+9%)	1mo	$49,000	$37	52
2510 Oak St	0.60mi	3/1.0	1,088 (-11%)	6mo	$19,000	$17	49

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -3.4%
• Equity multiple: 0.87×
• Total profit: $-4,061
• Equity at exit: $17,132

10-year hold

• IRR: 6.3%
• Equity multiple: 1.47×
• Total profit: $15,151
• Equity at exit: $9,934

Cash invested: $32,172 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 15132

• Home prices YoY: -32.9%
• Active inventory: 113
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,214 high
• Mortgage (P&I): −$603
• Tax from tax record: −$80 /mo · $958/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$255
• Net cashflow: $229

Break-even live

Break-even rent $924

Max offer price $114,900

Occupancy floor 76%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $28,725
• Closing costs: $3,447
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3710 Mayfair St McKeesport, PA	3.0	1.5	1314	$1,095	$0.83	3d	1	0.22mi
3506 Mayfair St Unit B McKeesport, PA	2.0	1.0	948	$1,200	$1.27	43d	1	0.25mi
1114-1116 Ohio St Unit 2R McKeesport, PA	2.0	1.0	878	$850	$0.97	16d	1	0.33mi
1506 Freemont St McKeesport, PA	3.0	2.0	1250	$1,295	$1.04	23d	1	0.35mi
2408 McCarrell St McKeesport, PA	4.0	1.0	1430	$1,195	$0.84	23d	1	0.53mi
1217 Scott St McKeesport, PA	3.0	1.0	1500	$1,165	$0.78	43d	1	0.58mi
1108 Prescott St White Oak, PA	2.0	1.0	945	$1,200	$1.27	12d	1	0.59mi
311-313 24th St McKeesport, PA	2.0	1.0	950	$900	$0.95	43d	1	0.90mi
2918 Walnut St Apt 3 McKeesport, PA	2.0	1.0	800	$850	$1.06	43d	1	0.92mi
3211 Walnut St McKeesport, PA	4.0	1.0	1434	$1,500	$1.05	7d	1	0.94mi
2618 Poinsettia Dr White Oak, PA	4.0	1.0	1225	$1,599	$1.31	23d	1	1.09mi
1451 Jenny Lind St McKeesport, PA	3.0	1.5	1408	$1,150	$0.82	23d	1	1.17mi
1735 Ohio Ave Unit 6 White Oak, PA	3.0	1.0	1034	$1,200	$1.16	43d	1	1.21mi
152 Royal Oak Dr White Oak, PA	1.0–2.0	1.0–2.0	930	$1,445	$1.55	1d	9	1.30mi
604 Shaw Ave McKeesport, PA	2.0	1.0–1.5	800	$900	$1.12	12d	3	1.31mi
604 Shaw Ave Unit 101 McKeesport, PA	2.0	1.5	1050	$900	$0.86	14d	1	1.31mi

Listing history 21 events

1. 2026-06-18
   days on market $114,900 Active 30 DOM
2. 2026-06-17
   days on market $114,900 Active 29 DOM
3. 2026-06-16
   days on market $114,900 Active 28 DOM
4. 2026-06-15
   days on market $114,900 Active 27 DOM
5. 2026-06-13
   days on market $114,900 Active 25 DOM
6. 2026-06-13
   days on market $114,900 Active 24 DOM
7. 2026-06-09
   days on market $114,900 Active 21 DOM
8. 2026-06-08
   days on market $114,900 Active 20 DOM
9. 2026-06-07
   days on market $114,900 Active 19 DOM
10. 2026-06-03
    days on market $114,900 Active 15 DOM
11. 2026-06-02
    days on market $114,900 Active 14 DOM
12. 2026-06-01
    days on market $114,900 Active 13 DOM
13. 2026-05-31
    days on market $114,900 Active 12 DOM
14. 2026-05-19
    listed $114,900 Active
15. 2014-09-19
    soldstatus $38,500
16. 2014-09-18
    price $38,500 86-char remark

    Show marketing remark (86 chars)

    super starter clean & neat lovely level backyard nice patio off back porch w fan

17. 2014-09-17
    soldstatus $38,500 86-char remark

    Show marketing remark (86 chars)

    super starter clean & neat lovely level backyard nice patio off back porch w fan

18. 2014-09-17
    price $42,900 86-char remark

    Show marketing remark (86 chars)

    super starter clean & neat lovely level backyard nice patio off back porch w fan

19. 2014-06-24
    listed $42,900 86-char remark

    Show marketing remark (86 chars)

    super starter clean & neat lovely level backyard nice patio off back porch w fan

20. 1999-05-20
    soldstatus $17,600 112-char remark

    Show marketing remark (112 chars)

    SPECIAL WARR DEED AS IS COND, SPECIAL AGREE ADDEN- DUM, SUBJ TO CORP APPROVAL, LIST OFFICE HOLDS H/M, LEVEL REAR

21. 1998-06-03
    listed $22,900 112-char remark

    Show marketing remark (112 chars)

    SPECIAL WARR DEED AS IS COND, SPECIAL AGREE ADDEN- DUM, SUBJ TO CORP APPROVAL, LIST OFFICE HOLDS H/M, LEVEL REAR

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $958 · $80/mo
• Projected year-2 tax: $1,387 · $116/mo
• Expected delta: +$429/yr (+$36/mo · 44.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 9 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,569
• − Mortgage interest: −$6,436
• − Property taxes: −$958
• − Insurance: −$574
• − Repairs & maintenance: −$1,166
• − Management: −$1,166
• − Depreciation: −$3,343
• Taxable income: $927
• Est. tax owed @ 24.0%: −$223
• After-tax cash flow: $2,524/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Mckeesport Area SD
• NCES district ID: 4214940
• Math proficiency: 11% ▼ -9.00%
• Reading proficiency: 28% ▼ -10.00%
• Median HH income: $33,779
• Composite: 15.88/100
• National rank: #9257
• State rank: #499 of 539 in PA

Livability — McKeesport

• Score: 66/100
• State rank: #1089
• US rank: #12321

Category grades

Amenities F Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety D User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: McKeesport, PA
• County: Allegheny County · 1,022,028 people
• City population: 25,010
• Metro: Pittsburgh, PA
• Population (ZIP): 18,898
• Household income: $35,397
• Rent vs Own: 49.0% rent · 51.0% own
• Severe rent burden: 1239.0

Population outlook (Allegheny County) Hauer SSP2

• Today (2025): 1,250,282 people
• By 2030: 1,256,482 · +0.5%
• By 2040: 1,256,318 · +0.5%
• By 2050: 1,244,169 · -0.5%
• By 2075: 1,197,693 · -4.2%
• By 2100: 1,093,187 · -12.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 50% Black 35% Two or more races 10% Hispanic / Latino 4% Asian 1%
• Common ancestry: Romanian 5% Serbian 2% Scotch-Irish 2%
• Foreign-born: 2% · Canada, China
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Allegheny

• 2024 margin: Strong D (+20.3) · D 59.7% · R 39.4%
• 2008→2024 swing: +4.8pp toward D · 2008: 15.5pp · 2024: 20.3pp
• All cycles: 2024: D+20.3 2020: D+20.4 2016: D+16.4 2012: D+14.4 2008: D+15.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -71.01%
• Current HPI: 145.195
• Rent YoY: —
• Metro: Pittsburgh, PA
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+401.7% since first listed

8 events — show timeline

• 2026-05-19 Listed $114,900 West Penn MLS
• 2014-09-19 Sold (Public Records) $38,500 Public Records
• 2014-09-18 Price Changed $38,500 West Penn MLS
• 2014-09-17 Price Changed $42,900 West Penn MLS
• 2014-09-17 Sold (MLS) $38,500 West Penn MLS
• 2014-06-24 Listed $42,900 West Penn MLS
• 1999-05-20 Sold (MLS) $17,600 West Penn MLS
• 1998-06-03 Listed $22,900 West Penn MLS

Property tax history

+6.2%/yr

Latest (2026): $958 · +0.0% YoY. Source: county tax records.