439 Morgan Ave · Pottsville, PA 17901

$65,000

4 bd · 3.0 ba · 1,665 sqft · Townhouse public records · 11 Days on market

Built 1920 1,307 sqft lot Est $92k · 29% under

---

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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +3.9/5.0
• Livability +3.8/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This corporate owned property located in Pottsville, PA is being sold As Is. No Sellers disclosure. Buyer is encouraged to complete any inspections prior to writing an offer; buyer is responsible for de-winterizing property for inspections if needed and utilities if they are not already on. Buyer and buyer's agent are responsible for coordinating any inspections. Please see instructions posted in property for offer presentation.

Key facts

• Simple layout
• Convenient location
• Steady rental use

Tags

• CONVENIENT LOCATION
• STEADY RENTAL USE
• SIMPLE LAYOUT

Property features AI

Finance

• Other: Ownership is fee simple; Estimated finished area above grade: 1,440; Estimated below-grade unfinished area: 660

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; 100 Amp electrical service; Above-ground utilities
• Home design: Semi-detached; Estimated year built
• Construction: Vinyl siding; Shingle roof; Concrete perimeter foundation; Above-grade other structures
• Exterior features: Not in a federal flood zone; Lot dimensions approximately 15.00 x 75.00

Interior

• Kitchen: Refrigerator; Stove
• Bedrooms: Three bedrooms on the upper level (Bedroom 1, Bedroom 2, Bedroom 3)
• Flooring: Laminate flooring
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Electric baseboard heating; Electric hot water
• Interior features: Sun/Florida room; Office; Dining room; Living room; Outside entrance to basement
• Laundry & utility: Washer/dryer hookup on the main floor

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath townhouse listed at $65k.

Deal economics

• At list price, monthly cash flow is $696 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Cap rate 19.1% vs local median 7.5% in Pottsville — 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 75/100 on livability (#442 in PA, #4,025 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: commute F, employment F.
• Pottsville Area SD (town): math 29% / reading 46% proficiency, ranked #395 of 539 in PA (top 73%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Lengel Ms (math 22% / reading 43%, grade F, #355 of 512 statewide, top 70%, 699 students, 66% FRL); Pottsville Area Hs (math 52% / reading 74%, grade B-, #69 of 437 statewide, top 16%, 898 students, 57% FRL).
• Market conditions: Rents rising fast (+5.7%/yr); 177 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 169 units permitted in Schuylkill County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Schuylkill County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 5.7% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 21y 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 $14k; list at $65k implies a 348% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $65,000

Questions for the listing agent

1. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. 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.
5. 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.
6. 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: 2.26% ✓
• Cap rate: 19.15%
• Cash-on-cash: 45.91%
• DSCR: 3.04
• GRM: 3.7

CMA / ARV

• ARV (on-the-fly): $91,575
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
713 N 3rd St	0.07mi	4/1.0	1,559 (-6%)	6mo	$136,000	$87	73
222 Fairview St	0.11mi	4/1.0	1,884 (+13%)	4mo	$50,000	$27	62
1017 Laurel Blvd	0.37mi	3/1.0 (-1)	1,596 (-4%)	6mo	$50,000	$31	58
292 N 8th St	0.37mi	3/1.0 (-1)	1,527 (-8%)	6mo	$58,000	$38	51
519 Greenwood Ave	0.73mi	3/1.0 (-1)	1,678 (+1%)	2mo	$133,000	$79	50
1101 W Norwegian St	0.57mi	5/1.5 (+1)	1,732 (+4%)	6mo	$130,000	$75	50
621 Laurel Blvd	0.25mi	3/1.0 (-1)	1,889 (+14%)	7mo	$95,000	$50	47
714 W Norwegian St	0.47mi	5/1.0 (+1)	1,808 (+9%)	8mo	$100,000	$55	45
855 Water St	0.53mi	4/2.0	1,910 (+15%)	6mo	$141,000	$74	41
306 S 2nd St	0.62mi	4/1.0	1,432 (-14%)	1mo	$60,000	$42	39
243 Pierce St	0.64mi	3/1.5 (-1)	1,448 (-13%)	1mo	$76,000	$52	36
1222 W Market St W	0.58mi	3/1.0 (-1)	1,456 (-13%)	5mo	$130,000	$89	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 · 5.7% rent growth · sell at horizon

5-year hold

• IRR: 46.2%
• Equity multiple: 3.08×
• Total profit: $37,935
• Equity at exit: $9,692

10-year hold

• IRR: 53.2%
• Equity multiple: 6.93×
• Total profit: $107,997
• Equity at exit: $5,620

Cash invested: $18,200 (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 17901

• Home prices YoY: -21.2%
• Rents YoY: 5.7%
• Active inventory: 177
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $1,466 high
• Mortgage (P&I): −$341
• Tax from tax record: −$94 /mo · $1,125/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$308
• Net cashflow: $696

Break-even live

Break-even rent $584

Max offer price $65,000

Occupancy floor 48%

Sensitivity live

Price	-10% $733	-5% $715	+0% $696	+5% $678	+10% $660
Rent	-10% $581	-5% $638	+0% $696	+5% $754	+10% $812
Rate	-1.0pp $729	-0.5pp $713	base $696	+0.5pp $679	+1.0pp $662

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
210 Harrison St Pottsville, PA	3.0	1.0	1078	$1,200	$1.11	45d	1	0.16mi
321 N 3rd St Pottsville, PA	4.0	1.5	1260	$1,400	$1.11	45d	1	0.24mi
631 W Race St Pottsville, PA	3.0	1.0	1340	$1,200	$0.90	45d	1	0.29mi
517 W Norwegian St Pottsville, PA	5.0	1.5	2006	$1,500	$0.75	45d	1	0.43mi
1023 W Market St Pottsville, PA	3.0	1.0	1950	$1,100	$0.56	45d	1	0.50mi
426 Adams St Pottsville, PA	3.0	1.0	1104	$1,350	$1.22	45d	1	0.60mi
525 E Market St Pottsville, PA	4.0	1.0	1120	$1,250	$1.12	45d	1	0.61mi
1132 Mahantongo St Pottsville, PA	5.0	1.5	1569	$1,800	$1.15	45d	1	0.61mi
119 S 11th St Pottsville, PA	3.0	1.5	1140	$1,450	$1.27	45d	1	0.62mi
8 N Wolfe St Pottsville, PA	3.0	1.0	1260	$1,795	$1.42	45d	1	0.70mi
2063 King Ave Pottsville, PA	3.0	2.5	1656	$1,600	$0.97	45d	1	1.39mi

Listing history 11 events

1. 2026-06-07
   statusdays on market $65,000 Pending 11 DOM
2. 2026-06-04
   days on market $65,000 Active 8 DOM
3. 2026-06-02
   days on market $65,000 Active 7 DOM
4. 2026-06-01
   days on market $65,000 Active 6 DOM
5. 2026-05-31
   days on market $65,000 Active 5 DOM
6. 2026-05-31
   days on market $65,000 Active 4 DOM
7. 2026-05-26
   listed $65,000 Active
8. 2005-12-29
   soldstatus $14,500 432-char remark

   Show marketing remark (432 chars)

   This corporate owned property located in Pottsville, PA is being sold As Is. No Sellers disclosure. Buyer is encouraged to complete any inspections prior to writing an offer; buyer is responsible for de-winterizing property for inspections if needed and utilities if they are not already on. Buyer and buyer's agent are responsible for coordinating any inspections. Please see instructions posted in property for offer presentation.

9. 2005-11-02
   listed $16,055 432-char remark

   Show marketing remark (432 chars)

   This corporate owned property located in Pottsville, PA is being sold As Is. No Sellers disclosure. Buyer is encouraged to complete any inspections prior to writing an offer; buyer is responsible for de-winterizing property for inspections if needed and utilities if they are not already on. Buyer and buyer's agent are responsible for coordinating any inspections. Please see instructions posted in property for offer presentation.

10. 2005-11-02
    historical

    Show marketing remark (432 chars)

    This corporate owned property located in Pottsville, PA is being sold As Is. No Sellers disclosure. Buyer is encouraged to complete any inspections prior to writing an offer; buyer is responsible for de-winterizing property for inspections if needed and utilities if they are not already on. Buyer and buyer's agent are responsible for coordinating any inspections. Please see instructions posted in property for offer presentation.

11. 2005-11-01
    listed $16,900

ⓘ 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: $1,125 · $94/mo
• Projected year-2 tax: $1,125 · $94/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 2/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥96°F today · 16 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 7% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,590
• − Mortgage interest: −$3,641
• − Property taxes: −$1,125
• − Insurance: −$325
• − Repairs & maintenance: −$1,407
• − Management: −$1,407
• − Depreciation: −$1,891
• Taxable income: $7,794
• Est. tax owed @ 24.0%: −$1,870
• After-tax cash flow: $6,485/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: Pottsville Area SD
• NCES district ID: 4219710
• Math proficiency: 29% ▼ -14.00%
• Reading proficiency: 46% ▼ -12.00%
• Median HH income: $39,157
• Composite: 31.32/100
• National rank: #6002
• State rank: #395 of 539 in PA

Livability — Pottsville

• Score: 75/100
• State rank: #442
• US rank: #4025

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pottsville, PA
• County: Schuylkill County · 22,371 people
• City population: 22,371
• Metro: Pottsville, PA
• Population (ZIP): 22,371
• Household income: $62,484
• Rent vs Own: 29.9% rent · 70.1% own
• Severe rent burden: 622.0

Population outlook (Schuylkill County) Hauer SSP2

• Today (2025): 137,447 people
• By 2030: 133,121 · -3.1%
• By 2040: 124,172 · -9.7%
• By 2050: 115,611 · -15.9%
• By 2075: 100,796 · -26.7%
• By 2100: 86,667 · -36.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 5% Two or more races 3% Black 2%
• Common ancestry: Romanian 9% Iranian 5% Subsaharan African 3%
• Foreign-born: 1% · Canada
• Languages at home: 96% English-only · Spanish 2% German/W. Germanic 1% French/Haitian/Cajun 1%

Political lean MEDSL · Schuylkill

• 2024 margin: Solid R (+42.1) · D 28.5% · R 70.6%
• 2008→2024 swing: -33.4pp toward R · 2008: -8.7pp · 2024: -42.1pp
• All cycles: 2024: R+42.1 2020: R+39.9 2016: R+43.4 2012: R+13.4 2008: R+8.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -54.14%
• Current HPI: 200.6516
• Rent YoY: ▲ 5.70%
• Metro: Pottsville, 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

+284.6% since first listed

5 events — show timeline

• 2026-05-26 Listed $65,000 BRIGHT MLS
• 2005-12-29 Sold (MLS) $14,500 GLVRMLS
• 2005-11-02 Listing Removed — GLVRMLS
• 2005-11-02 Listed $16,055 GLVRMLS
• 2005-11-01 Listed $16,900 GLVRMLS

Property tax history

+3.1%/yr

Latest (2025): $1,125 · +8.6% YoY. Source: county tax records.