419 31st St · McKeesport, PA 15132

$50,000

2 bd · 1.5 ba · 1,381 sqft · SingleFamily public records · 319 Days on market

Built 1927 6,534 sqft lot $36/sqft · 37% below area Est $80k · 37% under

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Why this score? — see what drove the B 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

Discover the charm of this captivating 2-story home featuring 2 bedrooms & 1.5 baths. This home boasts an open floor plan with approximately 1,381 sqft of living space, a bright living room enhanced by a cozy fireplace & a large window that fills the space with natural light, a kitchen with built-in cabinets to meet all your storage needs, and an inviting dining area. The back door leads to an enclosed porch, offering a serene spot for relaxation. Highlights include a full basement & a detached garage, providing ample storage options. Don’t miss your chance to turn this house into your dream home! Schedule your showing today and explore the endless possibilities that await you! Being Sold AS IS, WHERE IS. Buyer is responsible for all inspections & city requirements for closing. All info, including utilities & room dimensions, is approximate, deemed reliable but not guaranteed, & should be independently verified. The seller does not guarantee that all property details are included.

Key facts

• Open floor plan
• Built-in cabinets
• Full basement

Tags

• OPEN FLOOR PLAN
• COZY FIREPLACE
• BUILT-IN CABINETS
• ENCLOSED PORCH
• FULL BASEMENT
• DETACHED GARAGE

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $50k.

Deal economics

• At list price, monthly cash flow is $566 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).
• Recommended offer: $44k (12.0% below list) — sets the bar for market timing.
• Cap rate 19.9% vs local median 10.3% in McKeesport — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

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; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
• This rent runs 39% 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 $346 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 319 days — a 12% lower offer ($44k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $20k (29%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1927 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $44,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 319 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1927 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 2.31% ✓
• Cap rate: 19.87%
• Cash-on-cash: 48.49%
• DSCR: 3.16
• GRM: 3.6

CMA / ARV

• ARV (median comp): $79,661
• List price: $50,000
• Delta: -37.23%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
419 31st St	0.00mi	2/1.5	1,381 (0%)	1mo	$32,501	$24	99
2716 Lafayette St	0.16mi	2/1.0	1,468 (+6%)	1mo	$92,500	$63	79
2616 Milburn St	0.22mi	2/1.0	1,473 (+7%)	1mo	$115,000	$78	76
2613 Cleveland St	0.52mi	2/1.0	1,328 (-4%)	1mo	$49,000	$37	67
2316 Collins St	0.42mi	3/1.5 (+1)	1,485 (+8%)	4mo	$127,000	$86	59
2817 Jenny Lind St	0.47mi	2/1.0	1,232 (-11%)	2mo	$51,033	$41	57
406 35th	0.29mi	3/2.0 (+1)	1,566 (+13%)	1mo	$150,000	$96	57
1813 Duquesne Ave	0.52mi	3/1.5 (+1)	1,560 (+13%)	2mo	$149,900	$96	48
428 Greenwood Ave	0.59mi	3/1.0 (+1)	1,222 (-12%)	2mo	$139,900	$114	44
303 Kaler St	0.72mi	3/1.5 (+1)	1,208 (-12%)	1mo	$135,000	$112	40
2104 Calvin St	0.72mi	2/2.0	1,200 (-13%)	5mo	$110,000	$92	39
3300 Stewart St	0.73mi	3/1.5 (+1)	1,558 (+13%)	3mo	$60,000	$39	37

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: 46.0%
• Equity multiple: 3.00×
• Total profit: $27,944
• Equity at exit: $7,455

10-year hold

• IRR: 51.8%
• Equity multiple: 6.06×
• Total profit: $70,796
• Equity at exit: $4,323

Cash invested: $14,000 (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: 3.6×

Monthly cashflow live

• Estimated rent: $1,153 high
• Mortgage (P&I): −$262
• Tax est. 1.5%: −$62 /mo · $750/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$242
• Net cashflow: $566

Break-even live

Break-even rent $437

Max offer price $50,000

Occupancy floor 46%

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: $12,500
• Closing costs: $1,500
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
311-313 24th St McKeesport, PA	2.0	1.0	950	$900	$0.95	44d	1	0.49mi
3506 Mayfair St Unit B McKeesport, PA	2.0	1.0	948	$1,200	$1.27	44d	1	0.60mi
3710 Mayfair St McKeesport, PA	3.0	1.5	1314	$1,095	$0.83	3d	1	0.71mi
1506 Freemont St McKeesport, PA	3.0	2.0	1250	$1,295	$1.04	24d	1	0.74mi
1217 Scott St McKeesport, PA	3.0	1.0	1500	$1,165	$0.78	44d	1	0.92mi
1114-1116 Ohio St Unit 2R McKeesport, PA	2.0	1.0	878	$850	$0.97	16d	1	0.98mi
1451 Jenny Lind St McKeesport, PA	3.0	1.5	1408	$1,150	$0.82	24d	1	1.05mi
4719 3rd St Unit 2 McKeesport, PA	3.0	1.0	1200	$975	$0.81	44d	1	1.09mi
1507 Carnegie Ave McKeesport, PA	3.0	1.5	1600	$1,699	$1.06	15d	1	1.21mi
5015 Walnut St Unit 1 McKeesport, PA	2.0	1.0	980	$950	$0.97	44d	1	1.25mi
1805 Gray St McKeesport, PA	3.0	1.0	1136	$1,600	$1.41	2d	1	1.31mi
913 Center St McKeesport, PA	1.0–2.0	1.0	900	$1,005	$1.12	2d	7	1.31mi
1108 Prescott St White Oak, PA	2.0	1.0	945	$1,200	$1.27	12d	1	1.36mi
152 Royal Oak Dr White Oak, PA	1.0–2.0	1.0–2.0	930	$1,445	$1.55	2d	9	1.39mi
306 Laredo St McKeesport, PA	2.0	1.0	928	$995	$1.07	44d	1	1.40mi

Listing history 12 events

1. 2026-05-12
   status Pending 1037-char remark

   Show marketing remark (1036 chars)

   Discover the charm of this captivating 2-story home featuring 2 bedrooms & 1.5 baths. This home boasts an open floor plan with approximately 1,381 sqft of living space, a bright living room enhanced by a cozy fireplace & a large window that fills the space with natural light, a kitchen with built-in cabinets to meet all your storage needs, and an inviting dining area. The back door leads to an enclosed porch, offering a serene spot for relaxation. Highlights include a full basement & a detached garage, providing ample storage options. Don’t miss your chance to turn this house into your dream home! Schedule your showing today and explore the endless possibilities that await you! Being Sold AS IS, WHERE IS. Buyer is responsible for all inspections & city requirements for closing. All info, including utilities & room dimensions, is approximate, deemed reliable but not guaranteed, & should be independently verified. The seller does not guarantee that all property details are included.

2. 2026-05-12
   status Pending 1036-char remark

   Show marketing remark (1036 chars)

   Discover the charm of this captivating 2-story home featuring 2 bedrooms & 1.5 baths. This home boasts an open floor plan with approximately 1,381 sqft of living space, a bright living room enhanced by a cozy fireplace & a large window that fills the space with natural light, a kitchen with built-in cabinets to meet all your storage needs, and an inviting dining area. The back door leads to an enclosed porch, offering a serene spot for relaxation. Highlights include a full basement & a detached garage, providing ample storage options. Don’t miss your chance to turn this house into your dream home! Schedule your showing today and explore the endless possibilities that await you! Being Sold AS IS, WHERE IS. Buyer is responsible for all inspections & city requirements for closing. All info, including utilities & room dimensions, is approximate, deemed reliable but not guaranteed, & should be independently verified. The seller does not guarantee that all property details are included.

3. 2026-01-07
   price $50,000 1036-char remark

   Show marketing remark (1037 chars)

   Discover the charm of this captivating 2-story home featuring 2 bedrooms & 1.5 baths. This home boasts an open floor plan with approximately 1,381 sqft of living space, a bright living room enhanced by a cozy fireplace & a large window that fills the space with natural light, a kitchen with built-in cabinets to meet all your storage needs, and an inviting dining area. The back door leads to an enclosed porch, offering a serene spot for relaxation. Highlights include a full basement & a detached garage, providing ample storage options. Don’t miss your chance to turn this house into your dream home! Schedule your showing today and explore the endless possibilities that await you! Being Sold AS IS, WHERE IS. Buyer is responsible for all inspections & city requirements for closing. All info, including utilities & room dimensions, is approximate, deemed reliable but not guaranteed, & should be independently verified. The seller does not guarantee that all property details are included.

4. 2026-01-07
   price $50,000 1037-char remark

   Show marketing remark (1037 chars)

   Discover the charm of this captivating 2-story home featuring 2 bedrooms & 1.5 baths. This home boasts an open floor plan with approximately 1,381 sqft of living space, a bright living room enhanced by a cozy fireplace & a large window that fills the space with natural light, a kitchen with built-in cabinets to meet all your storage needs, and an inviting dining area. The back door leads to an enclosed porch, offering a serene spot for relaxation. Highlights include a full basement & a detached garage, providing ample storage options. Don’t miss your chance to turn this house into your dream home! Schedule your showing today and explore the endless possibilities that await you! Being Sold AS IS, WHERE IS. Buyer is responsible for all inspections & city requirements for closing. All info, including utilities & room dimensions, is approximate, deemed reliable but not guaranteed, & should be independently verified. The seller does not guarantee that all property details are included.

5. 2025-10-24
   price $60,000 1036-char remark

   Show marketing remark (1037 chars)

   Discover the charm of this captivating 2-story home featuring 2 bedrooms & 1.5 baths. This home boasts an open floor plan with approximately 1,381 sqft of living space, a bright living room enhanced by a cozy fireplace & a large window that fills the space with natural light, a kitchen with built-in cabinets to meet all your storage needs, and an inviting dining area. The back door leads to an enclosed porch, offering a serene spot for relaxation. Highlights include a full basement & a detached garage, providing ample storage options. Don’t miss your chance to turn this house into your dream home! Schedule your showing today and explore the endless possibilities that await you! Being Sold AS IS, WHERE IS. Buyer is responsible for all inspections & city requirements for closing. All info, including utilities & room dimensions, is approximate, deemed reliable but not guaranteed, & should be independently verified. The seller does not guarantee that all property details are included.

6. 2025-10-24
   price $60,000 1037-char remark

   Show marketing remark (1037 chars)

   Discover the charm of this captivating 2-story home featuring 2 bedrooms & 1.5 baths. This home boasts an open floor plan with approximately 1,381 sqft of living space, a bright living room enhanced by a cozy fireplace & a large window that fills the space with natural light, a kitchen with built-in cabinets to meet all your storage needs, and an inviting dining area. The back door leads to an enclosed porch, offering a serene spot for relaxation. Highlights include a full basement & a detached garage, providing ample storage options. Don’t miss your chance to turn this house into your dream home! Schedule your showing today and explore the endless possibilities that await you! Being Sold AS IS, WHERE IS. Buyer is responsible for all inspections & city requirements for closing. All info, including utilities & room dimensions, is approximate, deemed reliable but not guaranteed, & should be independently verified. The seller does not guarantee that all property details are included.

7. 2025-09-04
   price $65,000 1036-char remark

   Show marketing remark (1036 chars)

   Discover the charm of this captivating 2-story home featuring 2 bedrooms & 1.5 baths. This home boasts an open floor plan with approximately 1,381 sqft of living space, a bright living room enhanced by a cozy fireplace & a large window that fills the space with natural light, a kitchen with built-in cabinets to meet all your storage needs, and an inviting dining area. The back door leads to an enclosed porch, offering a serene spot for relaxation. Highlights include a full basement & a detached garage, providing ample storage options. Don’t miss your chance to turn this house into your dream home! Schedule your showing today and explore the endless possibilities that await you! Being Sold AS IS, WHERE IS. Buyer is responsible for all inspections & city requirements for closing. All info, including utilities & room dimensions, is approximate, deemed reliable but not guaranteed, & should be independently verified. The seller does not guarantee that all property details are included.

8. 2025-09-03
   price $65,000 1037-char remark

   Show marketing remark (1037 chars)

   Discover the charm of this captivating 2-story home featuring 2 bedrooms & 1.5 baths. This home boasts an open floor plan with approximately 1,381 sqft of living space, a bright living room enhanced by a cozy fireplace & a large window that fills the space with natural light, a kitchen with built-in cabinets to meet all your storage needs, and an inviting dining area. The back door leads to an enclosed porch, offering a serene spot for relaxation. Highlights include a full basement & a detached garage, providing ample storage options. Don’t miss your chance to turn this house into your dream home! Schedule your showing today and explore the endless possibilities that await you! Being Sold AS IS, WHERE IS. Buyer is responsible for all inspections & city requirements for closing. All info, including utilities & room dimensions, is approximate, deemed reliable but not guaranteed, & should be independently verified. The seller does not guarantee that all property details are included.

9. 2025-06-27
   listed $70,000 Active 1036-char remark

   Show marketing remark (1036 chars)

   Discover the charm of this captivating 2-story home featuring 2 bedrooms & 1.5 baths. This home boasts an open floor plan with approximately 1,381 sqft of living space, a bright living room enhanced by a cozy fireplace & a large window that fills the space with natural light, a kitchen with built-in cabinets to meet all your storage needs, and an inviting dining area. The back door leads to an enclosed porch, offering a serene spot for relaxation. Highlights include a full basement & a detached garage, providing ample storage options. Don’t miss your chance to turn this house into your dream home! Schedule your showing today and explore the endless possibilities that await you! Being Sold AS IS, WHERE IS. Buyer is responsible for all inspections & city requirements for closing. All info, including utilities & room dimensions, is approximate, deemed reliable but not guaranteed, & should be independently verified. The seller does not guarantee that all property details are included.

10. 2025-06-26
    listed $70,000 Active 1037-char remark

    Show marketing remark (1037 chars)

    Discover the charm of this captivating 2-story home featuring 2 bedrooms & 1.5 baths. This home boasts an open floor plan with approximately 1,381 sqft of living space, a bright living room enhanced by a cozy fireplace & a large window that fills the space with natural light, a kitchen with built-in cabinets to meet all your storage needs, and an inviting dining area. The back door leads to an enclosed porch, offering a serene spot for relaxation. Highlights include a full basement & a detached garage, providing ample storage options. Don’t miss your chance to turn this house into your dream home! Schedule your showing today and explore the endless possibilities that await you! Being Sold AS IS, WHERE IS. Buyer is responsible for all inspections & city requirements for closing. All info, including utilities & room dimensions, is approximate, deemed reliable but not guaranteed, & should be independently verified. The seller does not guarantee that all property details are included.

11. 2008-07-15
    soldstatus $59,000
12. 2008-05-27
    soldstatus $30,000

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 69% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 19 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: $13,841
• − Mortgage interest: −$2,801
• − Property taxes: −$750
• − Insurance: −$250
• − Repairs & maintenance: −$1,107
• − Management: −$1,107
• − Depreciation: −$1,455
• Taxable income: $6,371
• Est. tax owed @ 24.0%: −$1,529
• After-tax cash flow: $5,259/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

+66.7% since first listed

12 events — show timeline

• 2026-05-12 Pending — West Penn MLS
• 2026-05-12 Pending — BRIGHT MLS
• 2026-01-07 Price Changed $50,000 BRIGHT MLS
• 2026-01-07 Price Changed $50,000 West Penn MLS
• 2025-10-24 Price Changed $60,000 BRIGHT MLS
• 2025-10-24 Price Changed $60,000 West Penn MLS
• 2025-09-04 Price Changed $65,000 BRIGHT MLS
• 2025-09-03 Price Changed $65,000 West Penn MLS
• 2025-06-27 Listed $70,000 BRIGHT MLS
• 2025-06-26 Listed $70,000 West Penn MLS
• 2008-07-15 Sold (Public Records) $59,000 Public Records
• 2008-05-27 Sold (Public Records) $30,000 Public Records

Property tax history

+6.2%/yr

Latest (2026): $2,653 · +0.0% YoY. Source: county tax records.