719 Ridge Ave · McKeesport, PA 15132

$15,000

4 bd · 2.0 ba · 2,352 sqft · MultiFamily public records · 445 Days on market

Built 1900 7,840 sqft lot ↓ 50% since listing

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Why this score? — see what drove the D 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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• 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

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Don’t miss your chance to own a spacious duplex in McKeesport! This inviting home features 4 bedrooms and 2 full bathrooms, making it ideal for families or anyone in need of extra space. With an open floor plan spanning approximately 2,352 square feet, this residence is expertly designed for both comfort and functionality. Schedule your showing today and explore the incredible possibilities that await you in this beautiful duplex! Your dream home in McKeesport is just a visit away! 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

• 7,840 sq ft lot
• Built 1900
• Listed 445 days

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1-bath units multifamily listed at $15k.

Deal economics

• At list price, monthly cash flow is $2k ($20k/yr) — positive. Per door: $822/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $15k).
• Recommended offer: $13k (12.0% below list) — sets the bar for market timing.
• Cap rate 137.7% 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; 4 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; lower-income renter base — watch delinquency; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
• At $2,211/mo this rent would consume 75% of the median local household income ($35k/yr) (locally 1239% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $104 of loan paydown is wiped out by about $450 of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $4k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 445 days — a 12% lower offer ($13k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y 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.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $13,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 445 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
10. 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.
11. 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.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 14.74% ✓
• Cap rate: 137.74%
• Cash-on-cash: 469.44%
• DSCR: 21.89
• GRM: 0.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: —
• Equity multiple: 25.34×
• Total profit: $102,248
• Equity at exit: $2,237

10-year hold

• IRR: —
• Equity multiple: 54.31×
• Total profit: $223,919
• Equity at exit: $1,297

Cash invested: $4,200 (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: 1.1×

Monthly cashflow live

• Estimated rent: $2,211 high
• Mortgage (P&I): −$79
• Tax est. 1.5%: −$19 /mo · $225/yr
• Insurance: −$6
• HOA: −$0
• Vacancy / Maint / Mgmt: −$464
• Net cashflow: $1,643

Break-even live

Break-even rent $131

Max offer price $15,000

Occupancy floor 21%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$2,210
Total (2 units)			$2,211

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: $3,750
• Closing costs: $450
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1507 Carnegie Ave McKeesport, PA	3.0	1.5	1600	$1,699	$1.06	14d	1	0.21mi
2807 Beaver St McKeesport, PA	4.0	2.0	1700	$1,200	$0.71	44d	1	0.78mi
2212 Cronemeyer St McKeesport, PA	3.0	1.0	1720	$1,375	$0.80	44d	1	0.92mi
2311 Grandview Ave McKeesport, PA	4.0	2.0	2550	$1,250	$0.49	17d	1	1.31mi

Listing history 24 events

1. 2026-06-18
   days on market $15,000 Active 445 DOM
2. 2026-06-17
   days on market $15,000 Active 444 DOM
3. 2026-06-16
   days on market $15,000 Active 443 DOM
4. 2026-06-15
   days on market $15,000 Active 442 DOM
5. 2026-06-13
   days on market $15,000 Active 440 DOM
6. 2026-06-13
   days on market $15,000 Active 439 DOM
7. 2026-06-09
   days on market $15,000 Active 436 DOM
8. 2026-06-08
   days on market $15,000 Active 435 DOM
9. 2026-06-07
   days on market $15,000 Active 434 DOM
10. 2026-06-03
    days on market $15,000 Active 430 DOM
11. 2026-06-02
    days on market $15,000 Active 429 DOM
12. 2026-06-01
    days on market $15,000 Active 428 DOM
13. 2026-05-31
    days on market $15,000 Active 427 DOM
14. 2026-03-27
    historical Expired 818-char remark

    Show marketing remark (818 chars)

    Don’t miss your chance to own a spacious duplex in McKeesport! This inviting home features 4 bedrooms and 2 full bathrooms, making it ideal for families or anyone in need of extra space. With an open floor plan spanning approximately 2,352 square feet, this residence is expertly designed for both comfort and functionality. Schedule your showing today and explore the incredible possibilities that await you in this beautiful duplex! Your dream home in McKeesport is just a visit away! 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.

15. 2026-03-27
    listed $15,000 Active 818-char remark

    Show marketing remark (818 chars)

    Don’t miss your chance to own a spacious duplex in McKeesport! This inviting home features 4 bedrooms and 2 full bathrooms, making it ideal for families or anyone in need of extra space. With an open floor plan spanning approximately 2,352 square feet, this residence is expertly designed for both comfort and functionality. Schedule your showing today and explore the incredible possibilities that await you in this beautiful duplex! Your dream home in McKeesport is just a visit away! 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.

16. 2025-11-26
    price $15,000
17. 2025-11-25
    price $15,000 818-char remark

    Show marketing remark (818 chars)

    Don’t miss your chance to own a spacious duplex in McKeesport! This inviting home features 4 bedrooms and 2 full bathrooms, making it ideal for families or anyone in need of extra space. With an open floor plan spanning approximately 2,352 square feet, this residence is expertly designed for both comfort and functionality. Schedule your showing today and explore the incredible possibilities that await you in this beautiful duplex! Your dream home in McKeesport is just a visit away! 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.

18. 2025-03-30
    listed $24,900 Active 818-char remark

    Show marketing remark (818 chars)

    Don’t miss your chance to own a spacious duplex in McKeesport! This inviting home features 4 bedrooms and 2 full bathrooms, making it ideal for families or anyone in need of extra space. With an open floor plan spanning approximately 2,352 square feet, this residence is expertly designed for both comfort and functionality. Schedule your showing today and explore the incredible possibilities that await you in this beautiful duplex! Your dream home in McKeesport is just a visit away! 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.

19. 2025-03-30
    listed $24,900 Active

    Show marketing remark (818 chars)

    Don’t miss your chance to own a spacious duplex in McKeesport! This inviting home features 4 bedrooms and 2 full bathrooms, making it ideal for families or anyone in need of extra space. With an open floor plan spanning approximately 2,352 square feet, this residence is expertly designed for both comfort and functionality. Schedule your showing today and explore the incredible possibilities that await you in this beautiful duplex! Your dream home in McKeesport is just a visit away! 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.

20. 2025-03-21
    historical Expired
21. 2024-12-20
    price $24,900
22. 2024-03-22
    listed $38,900 Active
23. 2005-12-02
    soldstatus $40,000
24. 1998-09-25
    soldstatus $29,900

ⓘ 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 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 8 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,532
• − Mortgage interest: −$840
• − Property taxes: −$225
• − Insurance: −$75
• − Repairs & maintenance: −$2,123
• − Management: −$2,123
• − Depreciation: −$436
• Taxable income: $20,710
• Est. tax owed @ 24.0%: −$4,970
• After-tax cash flow: $14,746/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

-49.8% since first listed

11 events — show timeline

• 2026-03-27 Listed $15,000 West Penn MLS
• 2026-03-27 Delisted — West Penn MLS
• 2025-11-26 Price Changed $15,000 BRIGHT MLS
• 2025-11-25 Price Changed $15,000 West Penn MLS
• 2025-03-30 Listed $24,900 BRIGHT MLS
• 2025-03-30 Listed $24,900 West Penn MLS
• 2025-03-21 Delisted — West Penn MLS
• 2024-12-20 Price Changed $24,900 West Penn MLS
• 2024-03-22 Listed $38,900 West Penn MLS
• 2005-12-02 Sold (Public Records) $40,000 Public Records
• 1998-09-25 Sold (Public Records) $29,900 Public Records

Property tax history

+6.2%/yr

Latest (2026): $2,462 · +0.0% YoY. Source: county tax records.