700 6th St · Glassport, PA 15045

$82,500

4 bd · 1.0 ba · 1,344 sqft · SingleFamily public records · 93 Days on market

Built 1915 1,999 sqft lot $61/sqft · 12% below area Est $94k · 12% under ↓ 32% since listing

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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 +12.8/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +5.1/10.0
• Livability +3.6/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Glassport is a family-friendly community and offers a quiet residential atmosphere. Checkout this 3-bedroom, 2-bath home that offers comfortable living with recent updates. The main level features new wood-style flooring throughout, along with a living room, dining room, kitchen and a full bath. Upstairs you’ll find three bedrooms, including the third bedroom which has its own private entrance, plus an additional full bath and new carpet. The home also includes utility storage. The lower level provides a laundry area for added convenience. Recent improvements include new paint, updated lighting, and some new windows with a lifetime warranty. Enjoy relaxing on the covered front porch, and appreciate the peace of mind of a roof approximately 9 years old.

Key facts

• Laundry area
• New paint
• Private entrance

Tags

• NEW WOOD STYLE FLOORING
• PRIVATE ENTRANCE
• UTILITY STORAGE
• LAUNDRY AREA
• NEW PAINT
• UPDATED LIGHTING

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $82k.

Deal economics

• At list price, monthly cash flow is $487 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $82k).
• Recommended offer: $75k (9.0% below list) — sets the bar for market timing.
• Cap rate 13.4% vs local median 8.4% in Glassport — 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 71/100 on livability (#716 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, commute A-; Watch: crime C-, employment D+, schools D-.
• South Allegheny SD (suburban): math 23% / reading 44% proficiency, ranked #430 of 539 in PA (top 80%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 24 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).

Forward outlook

• In year one you build about $717 of equity ($570 loan paydown + $147 appreciation (0.2% local appreciation)).
• At projected returns (0.2% appreciation + 3.0% rent growth), your $23k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 93 days — a 9% lower offer ($75k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1915 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $75,075 (9.0% below list)

Questions for the listing agent

1. It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1915 — 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. 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.
7. 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.
8. 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: 1.69% ✓
• Cap rate: 13.37%
• Cash-on-cash: 25.29%
• DSCR: 2.13
• GRM: 4.9

CMA / ARV

• ARV (median comp): $93,561
• List price: $82,500
• Delta: -11.82%
• 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
643 Indiana Ave	0.11mi	4/1.5	1,440 (+7%)	0mo	$160,000	$111	81
301 Euclid Ave	0.35mi	3/1.0 (-1)	1,408 (+5%)	8mo	$110,000	$78	64
302 Euclid Ave	0.35mi	3/1.5 (-1)	1,368 (+2%)	13mo	$50,000	$37	63
531 Pacific Ave	0.07mi	4/2.0	1,200 (-11%)	15mo	$139,900	$117	63
626 Ohio Ave	0.24mi	3/1.0 (-1)	1,220 (-9%)	12mo	$7,500	$6	59
1025 Delaware Ave	0.50mi	4/2.5	1,386 (+3%)	13mo	$75,000	$54	55
1120 Portsmouth Dr	0.61mi	3/1.5 (-1)	1,400 (+4%)	6mo	$172,000	$123	53
726 Indiana	0.19mi	3/2.0 (-1)	1,512 (+12%)	13mo	$122,000	$81	51
1110 Portsmouth Dr	0.59mi	3/1.5 (-1)	1,230 (-8%)	1mo	$194,500	$158	51
112 Kollar Dr	0.72mi	3/1.5 (-1)	1,442 (+7%)	1mo	$208,000	$144	47
1036 Indiana Ave	0.54mi	3/1.5 (-1)	1,256 (-6%)	19mo	$95,000	$76	41
1040 Indiana Ave	0.55mi	3/2.0 (-1)	1,160 (-14%)	14mo	$138,500	$119	31

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

Projected returns pro-forma

0.18% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 25.9%
• Equity multiple: 2.27×
• Total profit: $29,336
• Equity at exit: $24,693

10-year hold

• IRR: 29.6%
• Equity multiple: 4.35×
• Total profit: $77,276
• Equity at exit: $30,278

Cash invested: $23,100 (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 15045

• Home prices YoY: 0.1%
• Active inventory: 24
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,391 high
• Mortgage (P&I): −$433
• Tax from tax record: −$145 /mo · $1,736/yr
• Insurance: −$34
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $487

Break-even live

Break-even rent $774

Max offer price $82,500

Occupancy floor 60%

Sensitivity live

Price	-10% $534	-5% $510	+0% $487	+5% $464	+10% $440
Rent	-10% $377	-5% $432	+0% $487	+5% $542	+10% $597
Rate	-1.0pp $528	-0.5pp $508	base $487	+0.5pp $465	+1.0pp $444

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: $20,625
• Closing costs: $2,475
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
833 Vermont Ave Glassport, PA	3.0	1.0	1290	$1,395	$1.08	24d	1	0.33mi
1044 Delaware Ave Glassport, PA	3.0	1.0	1200	$1,350	$1.12	21d	1	0.56mi
311 Harrison St Glassport, PA	4.0	1.0	1200	$1,500	$1.25	44d	1	0.71mi
231 Connecticut Ave Clairton, PA	3.0	1.0	1064	$1,150	$1.08	44d	1	1.15mi
1805 Gray St McKeesport, PA	3.0	1.0	1136	$1,600	$1.41	2d	1	1.18mi
185 Carnegie Ave Clairton, PA	3.0	1.0	1404	$1,295	$0.92	44d	1	1.30mi

Listing history 18 events

1. 2026-06-18
   days on market $82,500 Active 93 DOM
2. 2026-06-17
   days on market $82,500 Active 92 DOM
3. 2026-06-16
   days on market $82,500 Active 91 DOM
4. 2026-06-15
   days on market $82,500 Active 90 DOM
5. 2026-06-13
   days on market $82,500 Active 88 DOM
6. 2026-06-13
   days on market $82,500 Active 87 DOM
7. 2026-06-09
   days on market $82,500 Active 84 DOM
8. 2026-06-08
   days on market $82,500 Active 83 DOM
9. 2026-06-07
   days on market $82,500 Active 82 DOM
10. 2026-06-05
    days on market $82,500 Active 79 DOM
11. 2026-06-03
    days on market $82,500 Active 78 DOM
12. 2026-06-02
    days on market $82,500 Active 77 DOM
13. 2026-06-01
    days on market $82,500 Active 76 DOM
14. 2026-05-31
    days on market $82,500 Active 75 DOM
15. 2026-05-12
    price $95,000 768-char remark

    Show marketing remark (768 chars)

    Glassport is a family-friendly community and offers a quiet residential atmosphere. Checkout this 3-bedroom, 2-bath home that offers comfortable living with recent updates. The main level features new wood-style flooring throughout, along with a living room, dining room, kitchen and a full bath. Upstairs you’ll find three bedrooms, including the third bedroom which has its own private entrance, plus an additional full bath and new carpet. The home also includes utility storage. The lower level provides a laundry area for added convenience. Recent improvements include new paint, updated lighting, and some new windows with a lifetime warranty. Enjoy relaxing on the covered front porch, and appreciate the peace of mind of a roof approximately 9 years old.

16. 2026-04-23
    price $109,900 768-char remark

    Show marketing remark (768 chars)

    Glassport is a family-friendly community and offers a quiet residential atmosphere. Checkout this 3-bedroom, 2-bath home that offers comfortable living with recent updates. The main level features new wood-style flooring throughout, along with a living room, dining room, kitchen and a full bath. Upstairs you’ll find three bedrooms, including the third bedroom which has its own private entrance, plus an additional full bath and new carpet. The home also includes utility storage. The lower level provides a laundry area for added convenience. Recent improvements include new paint, updated lighting, and some new windows with a lifetime warranty. Enjoy relaxing on the covered front porch, and appreciate the peace of mind of a roof approximately 9 years old.

17. 2026-04-07
    price $125,000 768-char remark

    Show marketing remark (768 chars)

    Glassport is a family-friendly community and offers a quiet residential atmosphere. Checkout this 3-bedroom, 2-bath home that offers comfortable living with recent updates. The main level features new wood-style flooring throughout, along with a living room, dining room, kitchen and a full bath. Upstairs you’ll find three bedrooms, including the third bedroom which has its own private entrance, plus an additional full bath and new carpet. The home also includes utility storage. The lower level provides a laundry area for added convenience. Recent improvements include new paint, updated lighting, and some new windows with a lifetime warranty. Enjoy relaxing on the covered front porch, and appreciate the peace of mind of a roof approximately 9 years old.

18. 2026-03-17
    listed $139,900 Active 768-char remark

    Show marketing remark (768 chars)

    Glassport is a family-friendly community and offers a quiet residential atmosphere. Checkout this 3-bedroom, 2-bath home that offers comfortable living with recent updates. The main level features new wood-style flooring throughout, along with a living room, dining room, kitchen and a full bath. Upstairs you’ll find three bedrooms, including the third bedroom which has its own private entrance, plus an additional full bath and new carpet. The home also includes utility storage. The lower level provides a laundry area for added convenience. Recent improvements include new paint, updated lighting, and some new windows with a lifetime warranty. Enjoy relaxing on the covered front porch, and appreciate the peace of mind of a roof approximately 9 years old.

ⓘ 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: $1,736 · $145/mo
• Projected year-2 tax: $1,736 · $145/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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
• 🫁 Air quality 5/10 Major 8 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,687
• − Mortgage interest: −$4,621
• − Property taxes: −$1,736
• − Insurance: −$412
• − Repairs & maintenance: −$1,335
• − Management: −$1,335
• − Depreciation: −$2,400
• Taxable income: $4,847
• Est. tax owed @ 24.0%: −$1,163
• After-tax cash flow: $4,679/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: South Allegheny SD
• NCES district ID: 4221910
• Math proficiency: 23% ▼ -10.00%
• Reading proficiency: 44% ▼ -13.00%
• Median HH income: $40,891
• Composite: 28.15/100
• National rank: #6815
• State rank: #430 of 539 in PA

Livability — Glassport

• Score: 71/100
• State rank: #716
• US rank: #7113

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Glassport, PA
• City population: 4,400
• Population (ZIP): 4,400

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: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 6% Black 4% Two or more races 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 18% Portuguese 6% Serbian 6%
• Foreign-born: 1% · South Korea, Canada
• Languages at home: 97% English-only · German/W. Germanic 1% Spanish 1% Korean 1%

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: ▲ 0.18%
• Current HPI: 214.7403
• Rent YoY: —
• Metro: —
• 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

-32.1% since first listed

4 events — show timeline

• 2026-05-12 Price Changed $95,000 West Penn MLS
• 2026-04-23 Price Changed $109,900 West Penn MLS
• 2026-04-07 Price Changed $125,000 West Penn MLS
• 2026-03-17 Listed $139,900 West Penn MLS

Property tax history

+4.4%/yr

Latest (2026): $1,736 · +6.9% YoY. Source: county tax records.