153 Locust St · Ambridge, PA 15003

$105,000

4 bd · 1.5 ba · 1,637 sqft · SingleFamily public records · 67 Days on market

Built 1923 4,356 sqft lot $64/sqft · 12% below area Est $119k · 12% 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 +27.4/30.0
• ARV discount +12.7/15.0
• DSCR +9.6/10.0
• 1% rule +8.5/10.0
• Livability +3.9/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Bring your hammer and toolbelt! Need space? Here it is. Brick home in Ambridge that is perfect for someone needing room. This 3 bedroom/1.5 bathroom has the potential to be 5 bedrooms because there are 2 finished rooms on the 3rd floor. The livingroom and diningroom provide plenty of room for entertaining. The 1st floor laundry room is directly off the kitchen for convenience. There is also a powder room on the first floor. The 3 bedrooms are located on the 2nd floor as well as the full bath. In the rear of the home is a patio area that overlooks the large backyard.

Key facts

• Finished rooms
• Patio area
• Large backyard

Tags

• BRICK HOME
• FINISHED ROOMS
• 1ST FLOOR LAUNDRY ROOM
• PATIO AREA
• LARGE BACKYARD

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $307 ($4k/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: $99k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.8% vs local median 6.6% in Ambridge — 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 78/100 on livability (#293 in PA, #2,594 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D+, employment D+, crime F.
• Ambridge Area SD (suburban): math 23% / reading 48% proficiency, ranked #408 of 539 in PA (top 76%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 58 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 272 units permitted in Beaver County in 2024 (80 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $726 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Beaver County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $29k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 67 days — a 6% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 12y ago; this cycle's ask has dropped $15k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $90k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1923 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $98,700 (6.0% below list)

Questions for the listing agent

1. It's been on market 67 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 1923 — 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: 1.35% ✓
• Cap rate: 9.80%
• Cash-on-cash: 12.54%
• DSCR: 1.56
• GRM: 6.2

CMA / ARV

• ARV (median comp): $118,839
• List price: $105,000
• Delta: -11.65%
• 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
207 Locust St	0.03mi	3/1.0 (-1)	1,650 (+1%)	2mo	$82,500	$50	89
325 Elm Rd	0.21mi	3/2.0 (-1)	1,656 (+1%)	11mo	$65,000	$39	73
4 Glenwood Dr	0.11mi	4/2.0	1,782 (+9%)	7mo	$185,000	$104	72
403 Virginia Ave	0.35mi	3/2.5 (-1)	1,608 (-2%)	9mo	$179,900	$112	64
314 Pine St	0.24mi	3/2.0 (-1)	1,459 (-11%)	2mo	$115,900	$79	62
346 Pine St	0.28mi	4/2.5	1,767 (+8%)	11mo	$159,000	$90	61
551 Glenwood Ave	0.44mi	4/1.0	1,490 (-9%)	11mo	$94,000	$63	54
724 Ridge Rd	0.72mi	3/1.0 (-1)	1,623 (-1%)	7mo	$190,000	$117	52
421 Maplewood Ave	0.29mi	3/3.0 (-1)	1,440 (-12%)	12mo	$120,000	$83	45
900 Beaver Rd	0.71mi	4/3.0	1,792 (+10%)	7mo	$210,000	$117	40
827 Beaver Rd	0.66mi	4/2.0	1,438 (-12%)	10mo	$117,500	$82	38
347 Washington St	0.73mi	3/1.0 (-1)	1,416 (-14%)	1mo	$168,000	$119	36

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: 2.3%
• Equity multiple: 1.09×
• Total profit: $2,627
• Equity at exit: $15,656

10-year hold

• IRR: 12.0%
• Equity multiple: 1.94×
• Total profit: $27,780
• Equity at exit: $9,078

Cash invested: $29,400 (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 15003

• Home prices YoY: -15.7%
• Active inventory: 58
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,412 medium
• Mortgage (P&I): −$551
• Tax from tax record: −$214 /mo · $2,570/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$297
• Net cashflow: $307

Break-even live

Break-even rent $1,023

Max offer price $105,000

Occupancy floor 73%

Sensitivity live

Price	-10% $367	-5% $337	+0% $307	+5% $278	+10% $248
Rent	-10% $196	-5% $251	+0% $307	+5% $363	+10% $419
Rate	-1.0pp $360	-0.5pp $334	base $307	+0.5pp $280	+1.0pp $252

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
266 Beaver St Leetsdale, PA	3.0	1.0	1766	$1,350	$0.76	2d	1	0.98mi
1700 Beaver Rd Ambridge, PA	3.0	1.0	1099	$1,495	$1.36	17d	1	1.30mi

Listing history 29 events

1. 2026-06-18
   days on market $105,000 Active 67 DOM
2. 2026-06-17
   days on market $105,000 Active 66 DOM
3. 2026-06-16
   days on market $105,000 Active 65 DOM
4. 2026-06-15
   days on market $105,000 Active 64 DOM
5. 2026-06-13
   days on market $105,000 Active 62 DOM
6. 2026-06-13
   days on market $105,000 Active 61 DOM
7. 2026-06-09
   days on market $105,000 Active 58 DOM
8. 2026-06-08
   days on market $105,000 Active 57 DOM
9. 2026-06-07
   days on market $105,000 Active 56 DOM
10. 2026-06-03
    days on market $105,000 Active 52 DOM
11. 2026-06-02
    days on market $105,000 Active 51 DOM
12. 2026-06-01
    days on market $105,000 Active 50 DOM
13. 2026-05-31
    days on market $105,000 Active 49 DOM
14. 2026-05-03
    price $110,000 572-char remark

    Show marketing remark (572 chars)

    Bring your hammer and toolbelt! Need space? Here it is. Brick home in Ambridge that is perfect for someone needing room. This 3 bedroom/1.5 bathroom has the potential to be 5 bedrooms because there are 2 finished rooms on the 3rd floor. The livingroom and diningroom provide plenty of room for entertaining. The 1st floor laundry room is directly off the kitchen for convenience. There is also a powder room on the first floor. The 3 bedrooms are located on the 2nd floor as well as the full bath. In the rear of the home is a patio area that overlooks the large backyard.

15. 2026-04-12
    listed $120,000 Active 572-char remark

    Show marketing remark (572 chars)

    Bring your hammer and toolbelt! Need space? Here it is. Brick home in Ambridge that is perfect for someone needing room. This 3 bedroom/1.5 bathroom has the potential to be 5 bedrooms because there are 2 finished rooms on the 3rd floor. The livingroom and diningroom provide plenty of room for entertaining. The 1st floor laundry room is directly off the kitchen for convenience. There is also a powder room on the first floor. The 3 bedrooms are located on the 2nd floor as well as the full bath. In the rear of the home is a patio area that overlooks the large backyard.

16. 2023-12-19
    soldstatus $90,000 Closed 405-char remark

    Show marketing remark (405 chars)

    Great 3 bedroom house in Ambridge. Fully renovated in the last 8 years. First floor offers nice sized living room, dining room, beautiful kitchen with all appliances, laundry room off of kitchen with washer and dryer and half bath. Second floor has 3 bedrooms with full bath. Bedrooms have great closet space. Third floor is attic that is great for storage. Full basement and great back yard. Sold AS-IS.

17. 2023-12-18
    status Pending 405-char remark

    Show marketing remark (405 chars)

    Great 3 bedroom house in Ambridge. Fully renovated in the last 8 years. First floor offers nice sized living room, dining room, beautiful kitchen with all appliances, laundry room off of kitchen with washer and dryer and half bath. Second floor has 3 bedrooms with full bath. Bedrooms have great closet space. Third floor is attic that is great for storage. Full basement and great back yard. Sold AS-IS.

18. 2023-10-17
    historical Contingent 405-char remark

    Show marketing remark (405 chars)

    Great 3 bedroom house in Ambridge. Fully renovated in the last 8 years. First floor offers nice sized living room, dining room, beautiful kitchen with all appliances, laundry room off of kitchen with washer and dryer and half bath. Second floor has 3 bedrooms with full bath. Bedrooms have great closet space. Third floor is attic that is great for storage. Full basement and great back yard. Sold AS-IS.

19. 2023-08-01
    price $99,000 405-char remark

    Show marketing remark (405 chars)

    Great 3 bedroom house in Ambridge. Fully renovated in the last 8 years. First floor offers nice sized living room, dining room, beautiful kitchen with all appliances, laundry room off of kitchen with washer and dryer and half bath. Second floor has 3 bedrooms with full bath. Bedrooms have great closet space. Third floor is attic that is great for storage. Full basement and great back yard. Sold AS-IS.

20. 2023-07-24
    price $110,000 405-char remark

    Show marketing remark (405 chars)

    Great 3 bedroom house in Ambridge. Fully renovated in the last 8 years. First floor offers nice sized living room, dining room, beautiful kitchen with all appliances, laundry room off of kitchen with washer and dryer and half bath. Second floor has 3 bedrooms with full bath. Bedrooms have great closet space. Third floor is attic that is great for storage. Full basement and great back yard. Sold AS-IS.

21. 2023-07-14
    price $120,000 405-char remark

    Show marketing remark (405 chars)

    Great 3 bedroom house in Ambridge. Fully renovated in the last 8 years. First floor offers nice sized living room, dining room, beautiful kitchen with all appliances, laundry room off of kitchen with washer and dryer and half bath. Second floor has 3 bedrooms with full bath. Bedrooms have great closet space. Third floor is attic that is great for storage. Full basement and great back yard. Sold AS-IS.

22. 2023-06-05
    listed $129,000 Active 405-char remark

    Show marketing remark (405 chars)

    Great 3 bedroom house in Ambridge. Fully renovated in the last 8 years. First floor offers nice sized living room, dining room, beautiful kitchen with all appliances, laundry room off of kitchen with washer and dryer and half bath. Second floor has 3 bedrooms with full bath. Bedrooms have great closet space. Third floor is attic that is great for storage. Full basement and great back yard. Sold AS-IS.

23. 2022-09-13
    price $115,000
24. 2022-09-03
    price $120,000
25. 2022-08-07
    listed $125,000 Active
26. 2015-02-20
    price $17,000
27. 2015-02-20
    price $24,900
28. 2015-02-20
    soldstatus $17,000
29. 2014-05-16
    listed $24,900

ⓘ 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: $2,570 · $214/mo
• Projected year-2 tax: $2,570 · $214/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 · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,949
• − Mortgage interest: −$5,882
• − Property taxes: −$2,570
• − Insurance: −$525
• − Repairs & maintenance: −$1,356
• − Management: −$1,356
• − Depreciation: −$3,055
• Taxable income: $2,206
• Est. tax owed @ 24.0%: −$529
• After-tax cash flow: $3,158/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: Ambridge Area SD
• NCES district ID: 4202440
• Math proficiency: 23% ▼ -12.00%
• Reading proficiency: 48% ▼ -10.00%
• Median HH income: $49,514
• Composite: 30.62/100
• National rank: #6190
• State rank: #408 of 539 in PA

Livability — Ambridge

• Score: 78/100
• State rank: #293
• US rank: #2594

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ambridge, PA
• County: Beaver County · 116,001 people
• City population: 11,387
• Metro: Pittsburgh, PA
• Population (ZIP): 11,387
• Household income: $59,550
• Rent vs Own: 35.8% rent · 64.2% own
• Severe rent burden: 397.0

Population outlook (Beaver County) Hauer SSP2

• Today (2025): 164,976 people
• By 2030: 161,449 · -2.1%
• By 2040: 151,752 · -8.0%
• By 2050: 141,155 · -14.4%
• By 2075: 118,142 · -28.4%
• By 2100: 91,740 · -44.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Two or more races 10% Black 9% Hispanic / Latino 7%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Romanian 7% Scotch-Irish 3% Subsaharan African 3%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Other Indo-European 2% Spanish 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Beaver

• 2024 margin: Strong R (+20.7) · D 39.2% · R 59.9%
• 2008→2024 swing: -17.9pp toward R · 2008: -2.8pp · 2024: -20.7pp
• All cycles: 2024: R+20.7 2020: R+17.7 2016: R+20.1 2012: R+6.6 2008: R+2.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -46.42%
• Current HPI: 249.8525
• 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

+341.8% since first listed

16 events — show timeline

• 2026-05-03 Price Changed $110,000 West Penn MLS
• 2026-04-12 Listed $120,000 West Penn MLS
• 2023-12-19 Sold (MLS) $90,000 West Penn MLS
• 2023-12-18 Pending — West Penn MLS
• 2023-10-17 Contingent — West Penn MLS
• 2023-08-01 Price Changed $99,000 West Penn MLS
• 2023-07-24 Price Changed $110,000 West Penn MLS
• 2023-07-14 Price Changed $120,000 West Penn MLS
• 2023-06-05 Listed $129,000 West Penn MLS
• 2022-09-13 Price Changed $115,000 West Penn MLS
• 2022-09-03 Price Changed $120,000 West Penn MLS
• 2022-08-07 Listed $125,000 West Penn MLS
• 2015-02-20 Price Changed $17,000 West Penn MLS
• 2015-02-20 Sold (MLS) $17,000 West Penn MLS
• 2015-02-20 Price Changed $24,900 West Penn MLS
• 2014-05-16 Listed $24,900 West Penn MLS

Property tax history

+0.6%/yr

Latest (2026): $2,570 · +2.2% YoY. Source: county tax records.