237 Clifton Ave · Sharpsburg, PA 15215

$150,000

3 bd · 2.0 ba · 1,578 sqft · SingleFamily public records · 85 Days on market

Built 1900 2,822 sqft lot $95/sqft · 33% below area Est $224k · 33% 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 +26.4/30.0
• ARV discount +15.0/15.0
• DSCR +9.0/10.0
• 1% rule +6.9/10.0
• Schools +6.9/10.0
• Livability +4.0/5.0
• Rent growth +3.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming & spacious 4-bedroom, 2-bath home located on a private cobblestone street in the Fox Chapel Area school district! The main level features a living room with a soaring, lofty ceiling and decorative fireplace opening into the dining room -- a cozy space with exposed brick walls and beautiful shelving for storage and display. The kitchen was designed for efficiency with a center island and a nicely sized pantry. A newer updated full bath and laundry area complete the main level. On the second floor you will find another full bath and large main bedroom with high ceilings and a lovely decorative fireplace. Two other bedrooms are on this level, with one of them being used as a walk-in closet! The third level includes a large bonus room with a kitchenette and fourth bedroom. This area is accented with unique architectural features, creating a versatile and inviting living space. Home has new tankless gas water heater and new front/back doors. Don't miss out on this gem of a home conveniently located in quaint Sharpsburg!

Key facts

• Exposed brick walls
• Decorative fireplace
• Nicely sized pantry

Tags

• PRIVATE COBBLESTONE STREET
• DECORATIVE FIREPLACE
• EXPOSED BRICK WALLS
• CENTER ISLAND
• NICELY SIZED PANTRY
• LARGE BONUS ROOM

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $391 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $141k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 79/100 on livability (#248 in PA, #2,145 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities D, employment D-.
• Fox Chapel Area SD (suburban): math 73% / reading 85% proficiency, ranked #7 of 539 in PA (top 1%) — strong family-tenant draw, lease renewals of 3-5y typical; only 16% free/reduced lunch — higher-income household profile.
• Zoned schools: Dorseyville Ms (math 59% / reading 82%, grade A, #11 of 512 statewide, top 2%, 967 students, 24% FRL); Fox Chapel Area Hs (math 87%, 1,283 students, 25% FRL).
• Market conditions: Rents rising fast (+5.2%/yr); 56 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 5.2% rent growth), your $42k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 85 days — a 6% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 29y ago; this cycle's ask has dropped $65k (30%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $60k; list at $150k implies a 152% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

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

Recommended offer $141,000 (6.0% below list)

Questions for the listing agent

1. It's been on market 85 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — 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: 1.19% ✓
• Cap rate: 9.42%
• Cash-on-cash: 11.16%
• DSCR: 1.50
• GRM: 7.0

CMA / ARV

• ARV (median comp): $223,852
• List price: $150,000
• Delta: -32.99%
• 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
229 Clifton Ave	0.02mi	3/1.5	1,725 (+9%)	3mo	$209,000	$121	79
737 Parkview Blvd	0.25mi	3/1.5	1,562 (-1%)	12mo	$385,000	$246	74
1815 Middle St	0.43mi	3/2.5	1,550 (-2%)	3mo	$280,000	$181	72
1877 Chapman St	0.58mi	3/2.0	1,584 (+0%)	2mo	$127,000	$80	71
1713 S Canal St	0.32mi	2/1.0 (-1)	1,557 (-1%)	8mo	$115,000	$74	67
1736 Cecil St	0.37mi	3/1.0	1,673 (+6%)	4mo	$90,000	$54	66
1817 S Canal St	0.42mi	3/1.5	1,504 (-5%)	8mo	$41,000	$27	64
7206 Witherspoon St	0.74mi	3/2.0	1,595 (+1%)	9mo	$330,000	$207	56
7122 Baker St	0.69mi	2/1.5 (-1)	1,664 (+5%)	3mo	$253,000	$152	50
51 Collinwood Dr	0.63mi	4/2.0 (+1)	1,635 (+4%)	13mo	$425,502	$260	49
123 Harding Rd	0.54mi	3/2.0	1,750 (+11%)	10mo	$125,000	$71	49
1630 Hawthorne St	0.72mi	3/2.0	1,380 (-12%)	13mo	$363,990	$264	35

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 · 5.24% rent growth · sell at horizon

5-year hold

• IRR: 2.8%
• Equity multiple: 1.11×
• Total profit: $4,695
• Equity at exit: $22,365

10-year hold

• IRR: 14.4%
• Equity multiple: 2.28×
• Total profit: $53,829
• Equity at exit: $12,969

Cash invested: $42,000 (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 15215

• Rents YoY: 5.2%
• Active inventory: 56
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,782 high
• Mortgage (P&I): −$787
• Tax from tax record: −$168 /mo · $2,020/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$374
• Net cashflow: $391

Break-even live

Break-even rent $1,288

Max offer price $150,000

Occupancy floor 73%

Sensitivity live

Price	-10% $476	-5% $433	+0% $391	+5% $348	+10% $306
Rent	-10% $250	-5% $320	+0% $391	+5% $461	+10% $531
Rate	-1.0pp $466	-0.5pp $429	base $391	+0.5pp $352	+1.0pp $312

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
209 Mary St Sharpsburg, PA	3.0	1.0	1100	$1,395	$1.27	25d	1	0.18mi
207 Mary St Sharpsburg, PA	3.0	1.0	1100	$1,395	$1.27	25d	1	0.19mi
212 8th St Sharpsburg, PA	4.0	2.0	2240	$2,100	$0.94	18d	1	0.30mi
39 Prospect St Pittsburgh, PA	2.0	1.0	1056	$1,200	$1.14	9d	1	0.92mi
6026 Sawyer St Unit NA Pittsburgh, PA	3.0	2.0	2231	$2,500	$1.12	20d	1	1.01mi
131 5th St Unit Na Pittsburgh, PA	2.0	1.5	1840	$1,800	$0.98	45d	1	1.31mi
5700 Bunkerhill St Pittsburgh, PA	1.0–3.0	1.0–2.0	1258	$3,236	$2.57	3d	17	1.32mi
160 56th St Pittsburgh, PA	3.0	3.0	1737	$3,900	$2.25	20d	1	1.34mi
514 Guyasuta Rd Apt 7 Pittsburgh, PA	2.0	2.0	1400	$2,000	$1.43	25d	1	1.41mi
1115 N Negley Ave Pittsburgh, PA	1.0–2.0	1.0–2.0	968	$2,390	$2.47	3d	2	1.47mi
20 Beyrleye Ave Pittsburgh, PA	3.0	2.0	1100	$1,350	$1.23	25d	1	1.49mi
307 Highland Ter Pittsburgh, PA	3.0	2.0	1450	$4,000	$2.76	5d	1	1.50mi

Listing history 25 events

1. 2026-06-21
   days on market $150,000 Active 85 DOM
2. 2026-06-18
   days on market $150,000 Active 82 DOM
3. 2026-06-17
   days on market $150,000 Active 81 DOM
4. 2026-06-16
   days on market $150,000 Active 80 DOM
5. 2026-06-15
   days on market $150,000 Active 79 DOM
6. 2026-06-13
   pricedays on market $150,000 Active 77 DOM
7. 2026-06-09
   days on market $170,000 Active 73 DOM
8. 2026-06-08
   days on market $170,000 Active 72 DOM
9. 2026-06-07
   days on market $170,000 Active 71 DOM
10. 2026-06-03
    days on market $170,000 Active 67 DOM
11. 2026-06-02
    days on market $170,000 Active 66 DOM
12. 2026-06-01
    days on market $170,000 Active 65 DOM
13. 2026-06-01
    price $170,000 Active 64 DOM
14. 2026-05-31
    days on market $175,000 Active 64 DOM
15. 2026-05-19
    price $175,000 1061-char remark

    Show marketing remark (1061 chars)

    Welcome to this charming & spacious 4-bedroom, 2-bath home located on a private cobblestone street in the Fox Chapel Area school district! The main level features a living room with a soaring, lofty ceiling and decorative fireplace opening into the dining room -- a cozy space with exposed brick walls and beautiful shelving for storage and display. The kitchen was designed for efficiency with a center island and a nicely sized pantry. A newer updated full bath and laundry area complete the main level. On the second floor you will find another full bath and large main bedroom with high ceilings and a lovely decorative fireplace. Two other bedrooms are on this level, with one of them being used as a walk-in closet! The third level includes a large bonus room with a kitchenette and fourth bedroom. This area is accented with unique architectural features, creating a versatile and inviting living space. Home has new tankless gas water heater and new front/back doors. Don't miss out on this gem of a home conveniently located in quaint Sharpsburg!

16. 2026-05-18
    status Active 1061-char remark

    Show marketing remark (1061 chars)

    Welcome to this charming & spacious 4-bedroom, 2-bath home located on a private cobblestone street in the Fox Chapel Area school district! The main level features a living room with a soaring, lofty ceiling and decorative fireplace opening into the dining room -- a cozy space with exposed brick walls and beautiful shelving for storage and display. The kitchen was designed for efficiency with a center island and a nicely sized pantry. A newer updated full bath and laundry area complete the main level. On the second floor you will find another full bath and large main bedroom with high ceilings and a lovely decorative fireplace. Two other bedrooms are on this level, with one of them being used as a walk-in closet! The third level includes a large bonus room with a kitchenette and fourth bedroom. This area is accented with unique architectural features, creating a versatile and inviting living space. Home has new tankless gas water heater and new front/back doors. Don't miss out on this gem of a home conveniently located in quaint Sharpsburg!

17. 2026-05-05
    historical Contingent 1061-char remark

    Show marketing remark (1061 chars)

    Welcome to this charming & spacious 4-bedroom, 2-bath home located on a private cobblestone street in the Fox Chapel Area school district! The main level features a living room with a soaring, lofty ceiling and decorative fireplace opening into the dining room -- a cozy space with exposed brick walls and beautiful shelving for storage and display. The kitchen was designed for efficiency with a center island and a nicely sized pantry. A newer updated full bath and laundry area complete the main level. On the second floor you will find another full bath and large main bedroom with high ceilings and a lovely decorative fireplace. Two other bedrooms are on this level, with one of them being used as a walk-in closet! The third level includes a large bonus room with a kitchenette and fourth bedroom. This area is accented with unique architectural features, creating a versatile and inviting living space. Home has new tankless gas water heater and new front/back doors. Don't miss out on this gem of a home conveniently located in quaint Sharpsburg!

18. 2026-04-10
    price $195,000 1061-char remark

    Show marketing remark (1061 chars)

    Welcome to this charming & spacious 4-bedroom, 2-bath home located on a private cobblestone street in the Fox Chapel Area school district! The main level features a living room with a soaring, lofty ceiling and decorative fireplace opening into the dining room -- a cozy space with exposed brick walls and beautiful shelving for storage and display. The kitchen was designed for efficiency with a center island and a nicely sized pantry. A newer updated full bath and laundry area complete the main level. On the second floor you will find another full bath and large main bedroom with high ceilings and a lovely decorative fireplace. Two other bedrooms are on this level, with one of them being used as a walk-in closet! The third level includes a large bonus room with a kitchenette and fourth bedroom. This area is accented with unique architectural features, creating a versatile and inviting living space. Home has new tankless gas water heater and new front/back doors. Don't miss out on this gem of a home conveniently located in quaint Sharpsburg!

19. 2026-03-28
    listed $215,000 Active 1061-char remark

    Show marketing remark (1061 chars)

    Welcome to this charming & spacious 4-bedroom, 2-bath home located on a private cobblestone street in the Fox Chapel Area school district! The main level features a living room with a soaring, lofty ceiling and decorative fireplace opening into the dining room -- a cozy space with exposed brick walls and beautiful shelving for storage and display. The kitchen was designed for efficiency with a center island and a nicely sized pantry. A newer updated full bath and laundry area complete the main level. On the second floor you will find another full bath and large main bedroom with high ceilings and a lovely decorative fireplace. Two other bedrooms are on this level, with one of them being used as a walk-in closet! The third level includes a large bonus room with a kitchenette and fourth bedroom. This area is accented with unique architectural features, creating a versatile and inviting living space. Home has new tankless gas water heater and new front/back doors. Don't miss out on this gem of a home conveniently located in quaint Sharpsburg!

20. 2011-12-23
    soldstatus $59,500
21. 2011-12-20
    soldstatus $59,500 320-char remark

    Show marketing remark (320 chars)

    NEW PRICE. .. MAKE THIS YOUR HOME. Privacy on dead-end street. Attached garage. Large renovated E-I-K (2005). Ample counters/cabinets-even a desk. Generous Din. Rm curr. used as Fam. Rm. Heated 3rd fl. /4th BR captive. French Drain. Private fenced backyard. Lots of advantages awaiting buyer vision/ideas. NO FLOOD ZONE.

22. 2011-06-20
    listed $59,500 320-char remark

    Show marketing remark (320 chars)

    NEW PRICE. .. MAKE THIS YOUR HOME. Privacy on dead-end street. Attached garage. Large renovated E-I-K (2005). Ample counters/cabinets-even a desk. Generous Din. Rm curr. used as Fam. Rm. Heated 3rd fl. /4th BR captive. French Drain. Private fenced backyard. Lots of advantages awaiting buyer vision/ideas. NO FLOOD ZONE.

23. 1998-06-24
    soldstatus $52,000
24. 1998-06-22
    soldstatus $52,000
25. 1997-05-28
    listed $59,900

ⓘ 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: $2,020 · $168/mo
• Projected year-2 tax: $2,195 · $183/mo
• Expected delta: +$175/yr (+$15/mo · 8.7%)

ⓘ 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 ≥98°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,389
• − Mortgage interest: −$8,402
• − Property taxes: −$2,020
• − Insurance: −$750
• − Repairs & maintenance: −$1,711
• − Management: −$1,711
• − Depreciation: −$4,364
• Taxable income: $2,430
• Est. tax owed @ 24.0%: −$583
• After-tax cash flow: $4,104/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: Fox Chapel Area SD
• NCES district ID: 4210070
• Math proficiency: 73% ▼ -5.00%
• Reading proficiency: 85% ▼ -2.00%
• Median HH income: $73,326
• Composite: 69.02/100
• National rank: #324
• State rank: #7 of 539 in PA

Livability — Sharpsburg

• Score: 79/100
• State rank: #248
• US rank: #2145

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sharpsburg, PA
• County: Allegheny County · 1,022,028 people
• Metro: Pittsburgh, PA
• Population (ZIP): 11,907
• Household income: $99,071
• Rent vs Own: 26.7% rent · 73.3% own
• Severe rent burden: 311.0

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: Predominantly White (86%)
• Race & ethnicity: White 86% Asian 5% Two or more races 4% Black 4% Hispanic / Latino 3%
• Common ancestry: Romanian 9% Lithuanian 3% Scotch-Irish 2%
• Foreign-born: 7% · China, South Korea, Canada
• Languages at home: 91% English-only · Spanish 2% Chinese 2% Other Indo-European 2%

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: ▼ -171.68%
• Current HPI: 284.7359
• Rent YoY: ▲ 5.24%
• 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

+192.2% since first listed

11 events — show timeline

• 2026-05-19 Price Changed $175,000 West Penn MLS
• 2026-05-18 Relisted — West Penn MLS
• 2026-05-05 Contingent — West Penn MLS
• 2026-04-10 Price Changed $195,000 West Penn MLS
• 2026-03-28 Listed $215,000 West Penn MLS
• 2011-12-23 Sold (Public Records) $59,500 Public Records
• 2011-12-20 Sold (MLS) $59,500 West Penn MLS
• 2011-06-20 Listed $59,500 West Penn MLS
• 1998-06-24 Sold (Public Records) $52,000 Public Records
• 1998-06-22 Sold (MLS) $52,000 West Penn MLS
• 1997-05-28 Listed $59,900 West Penn MLS

Property tax history

-0.6%/yr

Latest (2026): $2,020 · +1.3% YoY. Source: county tax records.