1054 Osage Dr · Wilkinsburg, PA 15235

$199,900

3 bd · 1.5 ba · 1,413 sqft · SingleFamily public records · 262 Days on market

Built 1950 2,317 sqft lot $141/sqft · 17% below area Est $241k · 17% under

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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).

• ARV discount +15.0/15.0
• Cash flow +8.6/30.0
• Rent growth +4.4/5.0
• Livability +3.8/5.0
• 1% rule +2.9/10.0
• Condition / age +2.5/5.0
• DSCR +2.4/10.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this well-maintained 3 bedroom, 1.5 bath home offering both comfort and convenience. The first-floor bedroom with adjoining half bath makes a perfect guest suite, senior bedroom, or private home office, complete with multiple electrical outlets for today’s work-from-home needs. Upstairs, a walk-in attic provides endless possibilities—ideal as a craft room, nursery, or even a spacious walk-in closet. The upgraded full bath features a walk-in shower w/ bench, combining style and functionality. The bright kitchen comes equipped with refrigerator, gas stove, and dishwasher, while a newer washer and dryer add to the home’s move-in-ready appeal. Additional highlights include an integral garage, a new roof (2023), and recent updates such as a newer electrical panel and water shutoff valve. Commuting is a breeze with quick connections to Downtown Pittsburgh, Oakland, East Liberty, and the Parkway East (I-376).

Key facts

• Bright kitchen
• First-floor bedroom
• Integral garage

Tags

• FIRST-FLOOR BEDROOM
• WALK-IN ATTIC
• UPGRADED FULL BATH
• BRIGHT KITCHEN
• INTEGRAL GARAGE
• NEW ROOF

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $-172 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $170k (15.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $158k (20.9% below list).
• Recommended offer: $158k (20.9% below list) — sets the bar for 1% rule.
• Cap rate 5.3% vs local median 11.3% in Wilkinsburg — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

• Location reads 76/100 on livability (#411 in PA, #3,754 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D+, health & safety D+, crime F.
• Wilkinsburg Borough SD (suburban): math 14% / reading 23% proficiency, ranked #503 of 539 in PA (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 96% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+7.6%/yr); 129 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 262 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 22y 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 $82k; list at $200k implies a 142% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $158,080 (20.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 262 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
3. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 0.79% ✗
• Cap rate: 5.26%
• Cash-on-cash: -3.68%
• DSCR: 0.84
• GRM: 10.5

CMA / ARV

• ARV (median comp): $240,545
• List price: $199,900
• Delta: -16.90%
• 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
1054 Osage Dr	0.00mi	3/1.5	1,413 (0%)	0mo	$195,000	$138	100
2339 Collins Rd	0.23mi	3/2.0	1,468 (+4%)	3mo	$257,000	$175	78
2072 Boggs Ave	0.31mi	3/1.5	1,324 (-6%)	1mo	$83,000	$63	75
2318 Collins Rd	0.28mi	3/2.0	1,260 (-11%)	7mo	$220,000	$175	61
2516 Collins Rd	0.28mi	3/2.0	1,600 (+13%)	3mo	$255,000	$159	61
42 Barton Dr	0.66mi	3/1.5	1,365 (-3%)	5mo	$257,000	$188	60
2233 Laketon Rd	0.45mi	3/1.0	1,536 (+9%)	4mo	$25,000	$16	60
133 Country Club Dr	0.50mi	4/2.5 (+1)	1,437 (+2%)	6mo	$255,000	$177	60
2 Beulah Ln	0.63mi	2/1.5 (-1)	1,348 (-5%)	3mo	$125,000	$93	56
711 Gaywood Dr	0.58mi	3/1.5	1,264 (-10%)	2mo	$242,000	$191	54
812 Parkway Ave	0.49mi	2/1.5 (-1)	1,269 (-10%)	2mo	$180,000	$142	53
2036 Sampson St	0.71mi	3/2.0	1,218 (-14%)	1mo	$162,000	$133	41

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 · 7.63% rent growth · sell at horizon

5-year hold

• IRR: -17.3%
• Equity multiple: 0.36×
• Total profit: $-35,561
• Equity at exit: $29,806

10-year hold

• IRR: -2.2%
• Equity multiple: 0.82×
• Total profit: $-10,030
• Equity at exit: $17,284

Cash invested: $55,972 (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 15235

• Home prices YoY: -34.1%
• Rents YoY: 7.6%
• Active inventory: 129
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $1,581 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$289 /mo · $3,465/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$332
• Net cashflow: $-172

Break-even live

Break-even rent $1,798

Max offer price $169,601

Occupancy floor —

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1962 McNary Blvd Pittsburgh, PA	3.0	1.0	1517	$1,545	$1.02	7d	1	0.38mi
2031 Chalfant St Pittsburgh, PA	3.0	1.5	1150	$1,950	$1.70	43d	1	0.39mi
7534 Penn Bridge Ct Pittsburgh, PA	2.0	2.0	1259	$1,750	$1.39	43d	1	0.52mi
648 Southern Ave Penn Hills, PA	3.0	1.0	1100	$1,600	$1.45	7d	1	0.59mi
7215 Beacon Hill Dr Pittsburgh, PA	2.0	2.0	1259	$1,795	$1.43	4d	1	0.63mi
610 Churchill Ave Pittsburgh, PA	3.0	1.0	1100	$1,395	$1.27	2d	1	0.68mi
3005 Laketon Rd Pittsburgh, PA	3.0	1.0	1100	$1,295	$1.18	14d	1	0.73mi
1713-1715 Clark St Unit 79-1804C Pittsburgh, PA	2.0	1.0	972	$1,200	$1.23	4d	1	0.75mi
1515 Penn Ave Wilkinsburg, PA	2.0	2.0	1012	$1,100	$1.09	43d	1	0.81mi
185 Howard St Pittsburgh, PA	2.0	1.0	1000	$1,250	$1.25	43d	1	0.83mi
641 Penny Dr Pittsburgh, PA	3.0	1.5	1199	$1,525	$1.27	14d	1	0.87mi
314 Penn Vista Dr Pittsburgh, PA	2.0	1.0	1150	$1,250	$1.09	43d	1	0.91mi
209 Briarwood Dr Pittsburgh, PA	3.0	2.0	1080	$1,500	$1.39	23d	1	0.94mi
62 Melvin Ct Penn Hills Township, PA	1.0–2.0	1.0	825	$1,549	$1.88	7d	2	0.98mi
150 Marshall Dr Pittsburgh, PA	3.0	1.5	923	$1,450	$1.57	23d	1	1.03mi
100 Bryn Mawr Ct W Pittsburgh, PA	1.0–2.0	1.0–2.0	975	$1,904	$1.95	3d	15	1.07mi
1148 East St Pittsburgh, PA	3.0	3.0	1738	$1,700	$0.98	43d	1	1.08mi
700 Filmore Rd Pittsburgh, PA	3.0	2.0	1072	$1,800	$1.68	12d	1	1.08mi
8918 Frankstown Rd Pittsburgh, PA	3.0	1.0	1400	$1,907	$1.36	14d	1	1.14mi
565 Ardmore Blvd Pittsburgh, PA	4.0	1.0	1368	$1,450	$1.06	10d	1	1.25mi
124 Dauntless Dr Pittsburgh, PA	3.0	1.0	1100	$1,395	$1.27	23d	1	1.28mi
8606 Westwood Rd Pittsburgh, PA	4.0	1.0	1596	$1,425	$0.89	43d	1	1.33mi
10135 Pearl Rd Pittsburgh, PA	3.0	2.0	1163	$1,450	$1.25	23d	1	1.39mi
11843 Joan Dr Pittsburgh, PA	3.0	1.0	1144	$1,500	$1.31	4d	1	1.41mi
8612 Oakcrest Rd Pittsburgh, PA	2.0	1.0	1218	$1,450	$1.19	23d	1	1.48mi
457 Elias Dr #445 Pittsburgh, PA	2.0	1.0	888	$1,200	$1.35	17d	1	1.48mi

Listing history 8 events

1. 2026-05-07
   status Pending 944-char remark

   Show marketing remark (944 chars)

   Welcome to this well-maintained 3 bedroom, 1.5 bath home offering both comfort and convenience. The first-floor bedroom with adjoining half bath makes a perfect guest suite, senior bedroom, or private home office, complete with multiple electrical outlets for today’s work-from-home needs. Upstairs, a walk-in attic provides endless possibilities—ideal as a craft room, nursery, or even a spacious walk-in closet. The upgraded full bath features a walk-in shower w/ bench, combining style and functionality. The bright kitchen comes equipped with refrigerator, gas stove, and dishwasher, while a newer washer and dryer add to the home’s move-in-ready appeal. Additional highlights include an integral garage, a new roof (2023), and recent updates such as a newer electrical panel and water shutoff valve. Commuting is a breeze with quick connections to Downtown Pittsburgh, Oakland, East Liberty, and the Parkway East (I-376).

2. 2026-03-16
   status Active 944-char remark

   Show marketing remark (944 chars)

   Welcome to this well-maintained 3 bedroom, 1.5 bath home offering both comfort and convenience. The first-floor bedroom with adjoining half bath makes a perfect guest suite, senior bedroom, or private home office, complete with multiple electrical outlets for today’s work-from-home needs. Upstairs, a walk-in attic provides endless possibilities—ideal as a craft room, nursery, or even a spacious walk-in closet. The upgraded full bath features a walk-in shower w/ bench, combining style and functionality. The bright kitchen comes equipped with refrigerator, gas stove, and dishwasher, while a newer washer and dryer add to the home’s move-in-ready appeal. Additional highlights include an integral garage, a new roof (2023), and recent updates such as a newer electrical panel and water shutoff valve. Commuting is a breeze with quick connections to Downtown Pittsburgh, Oakland, East Liberty, and the Parkway East (I-376).

3. 2026-02-18
   historical Contingent 944-char remark

   Show marketing remark (944 chars)

   Welcome to this well-maintained 3 bedroom, 1.5 bath home offering both comfort and convenience. The first-floor bedroom with adjoining half bath makes a perfect guest suite, senior bedroom, or private home office, complete with multiple electrical outlets for today’s work-from-home needs. Upstairs, a walk-in attic provides endless possibilities—ideal as a craft room, nursery, or even a spacious walk-in closet. The upgraded full bath features a walk-in shower w/ bench, combining style and functionality. The bright kitchen comes equipped with refrigerator, gas stove, and dishwasher, while a newer washer and dryer add to the home’s move-in-ready appeal. Additional highlights include an integral garage, a new roof (2023), and recent updates such as a newer electrical panel and water shutoff valve. Commuting is a breeze with quick connections to Downtown Pittsburgh, Oakland, East Liberty, and the Parkway East (I-376).

4. 2025-09-24
   price $199,900 944-char remark

   Show marketing remark (944 chars)

   Welcome to this well-maintained 3 bedroom, 1.5 bath home offering both comfort and convenience. The first-floor bedroom with adjoining half bath makes a perfect guest suite, senior bedroom, or private home office, complete with multiple electrical outlets for today’s work-from-home needs. Upstairs, a walk-in attic provides endless possibilities—ideal as a craft room, nursery, or even a spacious walk-in closet. The upgraded full bath features a walk-in shower w/ bench, combining style and functionality. The bright kitchen comes equipped with refrigerator, gas stove, and dishwasher, while a newer washer and dryer add to the home’s move-in-ready appeal. Additional highlights include an integral garage, a new roof (2023), and recent updates such as a newer electrical panel and water shutoff valve. Commuting is a breeze with quick connections to Downtown Pittsburgh, Oakland, East Liberty, and the Parkway East (I-376).

5. 2025-08-18
   listed $205,000 Active 944-char remark

   Show marketing remark (944 chars)

   Welcome to this well-maintained 3 bedroom, 1.5 bath home offering both comfort and convenience. The first-floor bedroom with adjoining half bath makes a perfect guest suite, senior bedroom, or private home office, complete with multiple electrical outlets for today’s work-from-home needs. Upstairs, a walk-in attic provides endless possibilities—ideal as a craft room, nursery, or even a spacious walk-in closet. The upgraded full bath features a walk-in shower w/ bench, combining style and functionality. The bright kitchen comes equipped with refrigerator, gas stove, and dishwasher, while a newer washer and dryer add to the home’s move-in-ready appeal. Additional highlights include an integral garage, a new roof (2023), and recent updates such as a newer electrical panel and water shutoff valve. Commuting is a breeze with quick connections to Downtown Pittsburgh, Oakland, East Liberty, and the Parkway East (I-376).

6. 2004-11-04
   soldstatus $82,450
7. 2004-10-27
   soldstatus $82,500 138-char remark

   Show marketing remark (138 chars)

   beautiful large backyard, gleaming Oak floors , eat in kitchen, level entry, first floor bedroom could be den, possible gameroom -basement

8. 2004-05-17
   listed $89,000 138-char remark

   Show marketing remark (138 chars)

   beautiful large backyard, gleaming Oak floors , eat in kitchen, level entry, first floor bedroom could be den, possible gameroom -basement

ⓘ 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: $3,465 · $289/mo
• Projected year-2 tax: $3,465 · $289/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 3/10 Moderate 7 d/yr ≥96°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,970
• − Mortgage interest: −$11,198
• − Property taxes: −$3,465
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,518
• − Management: −$1,518
• − Depreciation: −$5,815
• Taxable loss: −$5,543
• Est. tax savings @ 24.0%: +$1,330
• After-tax cash flow: $-728/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: Wilkinsburg Borough SD
• NCES district ID: 4226370
• Math proficiency: 14% ▼ -8.00%
• Reading proficiency: 23% ▼ -9.00%
• Median HH income: $32,204
• Composite: 14.94/100
• National rank: #9368
• State rank: #503 of 539 in PA

Livability — Wilkinsburg

• Score: 76/100
• State rank: #411
• US rank: #3754

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wilkinsburg, PA
• County: Allegheny County · 1,022,028 people
• City population: 29,513
• Metro: Pittsburgh, PA
• Population (ZIP): 33,951
• Household income: $67,240
• Rent vs Own: 25.2% rent · 74.8% own
• Severe rent burden: 955.0

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 0.58)
• Race & ethnicity: White 51% Black 40% Two or more races 7% Hispanic / Latino 2%
• Common ancestry: Romanian 5% Serbian 2% Slovak 1%
• Foreign-born: 4% · Canada
• Languages at home: 97% English-only · Other Indo-European 1% Spanish 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: ▼ -121.68%
• Current HPI: 235.4861
• Rent YoY: ▲ 7.63%
• 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

+124.6% since first listed

8 events — show timeline

• 2026-05-07 Pending — West Penn MLS
• 2026-03-16 Relisted — West Penn MLS
• 2026-02-18 Contingent — West Penn MLS
• 2025-09-24 Price Changed $199,900 West Penn MLS
• 2025-08-18 Listed $205,000 West Penn MLS
• 2004-11-04 Sold (Public Records) $82,450 Public Records
• 2004-10-27 Sold (MLS) $82,500 West Penn MLS
• 2004-05-17 Listed $89,000 West Penn MLS

Property tax history

-1.2%/yr

Latest (2026): $3,465 · +3.0% YoY. Source: county tax records.