1002 Hartman St · McKeesport, PA 15132

$104,900

3 bd · 1.0 ba · 1,276 sqft · SingleFamily public records · 96 Days on market

Built 1952 3,998 sqft lot $82/sqft · 12% below area Est $119k · 12% under

---

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 +25.1/30.0
• ARV discount +12.7/15.0
• DSCR +8.2/10.0
• 1% rule +7.2/10.0
• 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

Great investment opportunity!! This tenant-occupied property is currently generating $1,150 per month, with the tenant paying all utilities, offering immediate income for the next owner. Conveniently located near local amenities, parks, and major roadways, this is a solid addition to any investment portfolio.

Key facts

• Tenant occupied
• Major roadways
• Generating income

Tags

• TENANT OCCUPIED
• GENERATING INCOME
• LOCAL AMENITIES
• MAJOR ROADWAYS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $231 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).
• Recommended offer: $95k (9.0% 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: health & safety D, crime F, amenities 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.
• Zoned schools: Founders Hall Middle Sch (math 2% / reading 26%, grade F, #480 of 512 statewide, top 94%, 695 students, 100% FRL); Mckeesport Area Shs (math 22% / reading 30%, grade F, #372 of 437 statewide, top 86%, 1,045 students, 78% FRL) — zoned schools average 89% FRL vs 66% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 114 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 25d 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 43% 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 $725 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 96 days — a 9% lower offer ($95k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 13y 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 $28k; list at $105k implies a 275% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1952 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $95,459 (9.0% below list)

Questions for the listing agent

1. It's been on market 96 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 1952 — 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: 1.22% ✓
• Cap rate: 8.94%
• Cash-on-cash: 9.44%
• DSCR: 1.42
• GRM: 6.8

CMA / ARV

• ARV (median comp): $118,720
• List price: $104,900
• Delta: -11.64%
• 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
3806 Sarah St	0.04mi	3/1.0	1,324 (+4%)	0mo	$129,900	$98	91
473 Mccully St	0.41mi	3/1.5	1,260 (-1%)	3mo	$206,000	$163	75
3830 Anderson Ave	0.14mi	2/1.0 (-1)	1,331 (+4%)	9mo	$45,000	$34	74
1310 Pirl St	0.62mi	3/1.0	1,270 (-0%)	7mo	$55,000	$43	65
1002 Summit St	0.39mi	3/2.0	1,462 (+15%)	2mo	$157,000	$107	52
2396 Foster Rd	0.56mi	3/2.0	1,200 (-6%)	11mo	$176,000	$147	51
2112 Dalton	0.64mi	3/1.0	1,122 (-12%)	3mo	$75,000	$67	47
1707 Grandview Ave	0.59mi	2/1.0 (-1)	1,120 (-12%)	1mo	$110,000	$98	46
124 Park Way	0.65mi	3/1.0	1,411 (+11%)	9mo	$149,900	$106	45
2104 Calvin St	0.70mi	2/2.0 (-1)	1,200 (-6%)	5mo	$110,000	$92	44
3206 Grover St	0.64mi	3/1.0	1,430 (+12%)	8mo	$30,000	$21	44
1323 Lincoln Way	0.75mi	3/1.5	1,431 (+12%)	4mo	$94,000	$66	39

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: -2.0%
• Equity multiple: 0.92×
• Total profit: $-2,233
• Equity at exit: $15,641

10-year hold

• IRR: 7.7%
• Equity multiple: 1.59×
• Total profit: $17,216
• Equity at exit: $9,070

Cash invested: $29,372 (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: 114
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,280 high
• Mortgage (P&I): −$550
• Tax from tax record: −$186 /mo · $2,236/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$269
• Net cashflow: $231

Break-even live

Break-even rent $988

Max offer price $104,900

Occupancy floor 77%

Sensitivity live

Price	-10% $290	-5% $261	+0% $231	+5% $201	+10% $172
Rent	-10% $130	-5% $180	+0% $231	+5% $282	+10% $332
Rate	-1.0pp $284	-0.5pp $258	base $231	+0.5pp $204	+1.0pp $176

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: $26,225
• Closing costs: $3,147
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1108 Prescott St White Oak, PA	2.0	1.0	945	$1,200	$1.27	14d	1	0.39mi
2212 Cronemeyer St McKeesport, PA	3.0	1.0	1720	$1,375	$0.80	45d	1	0.42mi
1114-1116 Ohio St Unit 2R McKeesport, PA	2.0	1.0	878	$850	$0.97	18d	1	0.44mi
3710 Mayfair St McKeesport, PA	3.0	1.5	1314	$1,095	$0.83	4d	1	0.67mi
1506 Freemont St McKeesport, PA	3.0	2.0	1250	$1,295	$1.04	25d	1	0.68mi
3506 Mayfair St Unit B McKeesport, PA	2.0	1.0	948	$1,200	$1.27	45d	1	0.74mi
1217 Scott St McKeesport, PA	3.0	1.0	1500	$1,165	$0.78	45d	1	0.76mi
2807 Beaver St McKeesport, PA	4.0	2.0	1700	$1,200	$0.71	45d	1	0.86mi
2408 McCarrell St McKeesport, PA	4.0	1.0	1430	$1,195	$0.84	25d	1	1.03mi
1735 Ohio Ave Unit 6 White Oak, PA	3.0	1.0	1034	$1,200	$1.16	45d	1	1.15mi
1507 Carnegie Ave McKeesport, PA	3.0	1.5	1600	$1,699	$1.06	16d	1	1.17mi
2710 Henderson Rd White Oak, PA	3.0	1.5	1676	$1,675	$1.00	3d	1	1.20mi
2618 Poinsettia Dr White Oak, PA	4.0	1.0	1225	$1,599	$1.31	25d	1	1.30mi
311-313 24th St McKeesport, PA	2.0	1.0	950	$900	$0.95	45d	1	1.31mi
604 Shaw Ave Unit 101 McKeesport, PA	2.0	1.5	1050	$900	$0.86	16d	1	1.34mi
604 Shaw Ave McKeesport, PA	2.0	1.0–1.5	800	$900	$1.12	14d	3	1.34mi
827 Hinnerman St Duquesne, PA	3.0	1.0	1136	$1,250	$1.10	25d	1	1.36mi
1318 Maryland Ave West Mifflin, PA	3.0	1.0	1408	$1,695	$1.20	45d	1	1.37mi
1451 Jenny Lind St McKeesport, PA	3.0	1.5	1408	$1,150	$0.82	25d	1	1.41mi
3211 Walnut St McKeesport, PA	4.0	1.0	1434	$1,500	$1.05	9d	1	1.43mi
1010 Savey St Duquesne, PA	2.0	1.0	1000	$1,200	$1.20	45d	1	1.47mi

Listing history 28 events

1. 2026-06-21
   days on market $104,900 Active 96 DOM
2. 2026-06-18
   days on market $104,900 Active 93 DOM
3. 2026-06-17
   days on market $104,900 Active 92 DOM
4. 2026-06-16
   days on market $104,900 Active 91 DOM
5. 2026-06-15
   days on market $104,900 Active 90 DOM
6. 2026-06-13
   days on market $104,900 Active 88 DOM
7. 2026-06-13
   days on market $104,900 Active 87 DOM
8. 2026-06-09
   days on market $104,900 Active 84 DOM
9. 2026-06-08
   days on market $104,900 Active 83 DOM
10. 2026-06-07
    days on market $104,900 Active 82 DOM
11. 2026-06-03
    days on market $104,900 Active 78 DOM
12. 2026-06-02
    days on market $104,900 Active 77 DOM
13. 2026-06-01
    days on market $104,900 Active 76 DOM
14. 2026-05-31
    days on market $104,900 Active 75 DOM
15. 2026-03-17
    listed $104,900 Active 310-char remark

    Show marketing remark (310 chars)

    Great investment opportunity!! This tenant-occupied property is currently generating $1,150 per month, with the tenant paying all utilities, offering immediate income for the next owner. Conveniently located near local amenities, parks, and major roadways, this is a solid addition to any investment portfolio.

16. 2024-08-31
    historical Expired 195-char remark

    Show marketing remark (195 chars)

    Solid brick home with remodeled interior. Updated kitchen, new luxury vinyl flooring throughout and freshly painted with today's colors. Ability to have off street parking in the back if desired.

17. 2024-08-24
    historical $1,050
18. 2024-08-07
    price $1,050
19. 2024-07-23
    listed $1,150
20. 2024-04-06
    status Active 195-char remark

    Show marketing remark (195 chars)

    Solid brick home with remodeled interior. Updated kitchen, new luxury vinyl flooring throughout and freshly painted with today's colors. Ability to have off street parking in the back if desired.

21. 2024-03-28
    historical Contingent 195-char remark

    Show marketing remark (195 chars)

    Solid brick home with remodeled interior. Updated kitchen, new luxury vinyl flooring throughout and freshly painted with today's colors. Ability to have off street parking in the back if desired.

22. 2024-02-13
    price $109,900 195-char remark

    Show marketing remark (195 chars)

    Solid brick home with remodeled interior. Updated kitchen, new luxury vinyl flooring throughout and freshly painted with today's colors. Ability to have off street parking in the back if desired.

23. 2023-10-24
    price $119,900 195-char remark

    Show marketing remark (195 chars)

    Solid brick home with remodeled interior. Updated kitchen, new luxury vinyl flooring throughout and freshly painted with today's colors. Ability to have off street parking in the back if desired.

24. 2023-09-13
    listed $129,900 Active 195-char remark

    Show marketing remark (195 chars)

    Solid brick home with remodeled interior. Updated kitchen, new luxury vinyl flooring throughout and freshly painted with today's colors. Ability to have off street parking in the back if desired.

25. 2013-02-19
    price $32,000
26. 2013-02-19
    soldstatus $28,000
27. 2013-02-07
    listed $28,000
28. 2000-03-20
    soldstatus $36,000

ⓘ 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: $2,236 · $186/mo
• Projected year-2 tax: $2,236 · $186/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 6/10 Major FEMA zone X (unshaded) · 74% 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: $15,360
• − Mortgage interest: −$5,876
• − Property taxes: −$2,236
• − Insurance: −$524
• − Repairs & maintenance: −$1,229
• − Management: −$1,229
• − Depreciation: −$3,052
• Taxable income: $1,213
• Est. tax owed @ 24.0%: −$291
• After-tax cash flow: $2,481/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

+191.4% since first listed

14 events — show timeline

• 2026-03-17 Listed $104,900 West Penn MLS
• 2024-08-31 Delisted — West Penn MLS
• 2024-08-24 Rental Removed $1,050 BUILDIUM
• 2024-08-07 Price Changed $1,050 BUILDIUM
• 2024-07-23 Listed for Rent $1,150 BUILDIUM
• 2024-04-06 Relisted — West Penn MLS
• 2024-03-28 Contingent — West Penn MLS
• 2024-02-13 Price Changed $109,900 West Penn MLS
• 2023-10-24 Price Changed $119,900 West Penn MLS
• 2023-09-13 Listed $129,900 West Penn MLS
• 2013-02-19 Sold (MLS) $28,000 West Penn MLS
• 2013-02-19 Price Changed $32,000 West Penn MLS
• 2013-02-07 Listed $28,000 West Penn MLS
• 2000-03-20 Sold (Public Records) $36,000 Public Records

Property tax history

+6.2%/yr

Latest (2026): $2,236 · +0.0% YoY. Source: county tax records.