219 N Hartman St · York, PA 17403

$145,000

3 bd · 1.0 ba · 1,216 sqft · Townhouse public records · 5 Days on market

Built 1930 3,241 sqft lot $119/sqft · 8% below area Est $157k · 8% 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).

• Cash flow +13.0/30.0
• ARV discount +10.9/15.0
• 1% rule +4.7/10.0
• DSCR +3.9/10.0
• Livability +3.8/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +0.8/10.0
• Appreciation +0.0/10.0

Listing remarks

Old world charm in this semi-detached home on low traffic street. A covered front porch welcomes you into the spacious Living Room w/ crown moldings, wide baseboard moldings throughout & ceiling fan. Formal Dining Room through the French doors with wood parquet flooring & ceiling fan with access to the Kitchen. Side entrance from the outside is available to Kitchen as well. Off the back of the kitchen is the mudroom with another exterior side door. The upper level offers 3 nice sized Bedrooms with period lighting in two, updated flooring & ceiling fan in the other. The Full Bath at the end of the hall has a cast iron soaking tub, updated toilet, pedestal sink & vinyl

Key facts

• Covered front porch
• Formal dining room
• Mudroom

Tags

• COVERED FRONT PORCH
• FORMAL DINING ROOM
• WOOD PARQUET FLOORING
• MUDROOM
• CAST IRON SOAKING TUB
• PEDESTAL SINK

Property features AI

Finance

• Other: Fee simple ownership; Not in a federal flood zone

Exterior

• Parking: Detached 2-car garage
• Utilities: Public water; Public sewer; Electric service (historical: $304 last 12 months, ~$25/month average); Gas service (historical: $1,479 last 12 months, ~$123.25/month average)
• Home design: Semi-detached property; Rear-entry garage
• Construction: Vinyl siding; Aluminum siding; Architectural shingle roof; Permanent foundation; Built above grade with finished living area and unfinished below-grade area
• Exterior features: Sidewalks; Cleared yard; Front yard; Level lot; Rear yard; Side yards

Interior

• Kitchen: Refrigerator included
• Bedrooms: Three bedrooms on the upper level
• Flooring: Wood flooring; Vinyl flooring; Laminate flooring
• Bathrooms: One full bathroom
• Heating & cooling: Central heating (natural gas); Central air conditioning; Ceiling fans; Hot water heated by natural gas
• Interior features: Soaking tub; Carpeted areas; Ceiling fan(s); Crown moldings; Formal separate dining room; Wood floors
• Laundry & utility: Laundry in the basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $145k.

Deal economics

• At list price, monthly cash flow is $-8 ($-91/yr) — negative.
• To cash-flow at today's rent, offer at most $144k (0.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $141k (2.7% below list).
• Recommended offer: $141k (2.7% below list) — sets the bar for 1% rule.
• Cap rate 6.2% vs local median 4.9% in York — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 75/100 on livability (#427 in PA, #3,987 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: amenities D+, crime F, employment F.
• York City SD (urban): math 4% / reading 16% proficiency, ranked #534 of 539 in PA (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Hannah Penn (math 0% / reading 9%, grade F, #1,516 of 1,518 statewide, top 100%, 679 students, 100% FRL); Edgar Fahs Smith Steam Academy (math 7% / reading 35%, grade F, #432 of 512 statewide, top 85%, 240 students, 100% FRL); William Penn Shs (math 22% / reading 8%, grade F, #407 of 437 statewide, top 94%, 1,534 students, 100% FRL) — zoned schools average 100% FRL vs 72% district-wide (28 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.4%/yr); 223 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,328 units permitted in York County in 2024 (338 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.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $141,153 (2.7% 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. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
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: 0.97% ✗
• Cap rate: 6.23%
• Cash-on-cash: -0.23%
• DSCR: 0.99
• GRM: 8.6

CMA / ARV

• ARV (median comp): $156,860
• List price: $145,000
• Delta: -7.56%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
818 Wallace St	0.40mi	3/1.0	1,220 (+0%)	1mo	$130,000	$107	80
1151 E King St	0.32mi	4/1.5 (+1)	1,228 (+1%)	2mo	$196,000	$160	75
926 E Market St	0.37mi	3/1.0	1,158 (-5%)	2mo	$155,000	$134	73
718 York St	0.51mi	3/1.0	1,226 (+1%)	3mo	$165,000	$135	72
715 E Clarke Ave	0.55mi	3/1.0	1,182 (-3%)	1mo	$65,000	$55	69
219 S Albemarle St	0.51mi	3/1.0	1,280 (+5%)	1mo	$142,000	$111	66
724 York St	0.50mi	3/1.0	1,325 (+9%)	5mo	$155,000	$117	58
1147 E King St	0.32mi	4/1.0 (+1)	1,394 (+15%)	2mo	$186,000	$133	54
1409 4th Ave	0.64mi	3/1.0	1,088 (-10%)	0mo	$180,000	$165	52
805 Donnelly St	0.54mi	3/1.5	1,344 (+10%)	5mo	$151,500	$113	51
815 E King St	0.54mi	3/1.5	1,344 (+10%)	6mo	$194,000	$144	50
857 E Princess St	0.64mi	4/1.0 (+1)	1,360 (+12%)	5mo	$182,000	$134	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 · 4.43% rent growth · sell at horizon

5-year hold

• IRR: -14.8%
• Equity multiple: 0.46×
• Total profit: $-21,826
• Equity at exit: $21,620

10-year hold

• IRR: -3.6%
• Equity multiple: 0.74×
• Total profit: $-10,540
• Equity at exit: $12,537

Cash invested: $40,600 (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 17403

• Home prices YoY: -26.9%
• Rents YoY: 4.4%
• Active inventory: 223
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,412 high
• Mortgage (P&I): −$760
• Tax from tax record: −$302 /mo · $3,623/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$296
• Net cashflow: $-8

Break-even live

Break-even rent $1,421

Max offer price $143,655

Occupancy floor 96%

Sensitivity live

Price	-10% $74	-5% $33	+0% $-8	+5% $-49	+10% $-90
Rent	-10% $-119	-5% $-63	+0% $-8	+5% $48	+10% $104
Rate	-1.0pp $65	-0.5pp $29	base $-8	+0.5pp $-45	+1.0pp $-83

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1027 E Market St Unit 2 York, PA	2.0	1.0	1145	$1,095	$0.96	15d	1	0.26mi
40 N Tremont St #2 York, PA	3.0	1.0	900	$1,500	$1.67	45d	1	0.36mi
720 Chestnut St Apt 2 York, PA	4.0	1.0	1400	$1,300	$0.93	15d	1	0.51mi
30 N Franklin St York, PA	3.0	1.0	1400	$1,395	$1.00	45d	1	0.58mi
1538 1st Ave Unit 2 York, PA	3.0	2.0	1500	$1,900	$1.27	15d	1	0.60mi
1505 3rd Ave York, PA	3.0	1.5	1408	$1,800	$1.28	15d	1	0.61mi
728 E Princess St Apt 3 York, PA	2.0	1.0	822	$995	$1.21	45d	1	0.71mi
606 E Market St Unit 1STFLRREAR York, PA	2.0	1.0	700	$925	$1.32	15d	1	0.72mi
446 Wallace St York, PA	3.0	1.0	1092	$1,295	$1.19	22d	1	0.82mi
549 Lancaster Ave York, PA	3.0	1.0	1458	$1,875	$1.29	45d	1	0.96mi
104 Camelot Arms York, PA	1.0–2.0	1.0–2.0	1073	$1,973	$1.84	15d	15	1.03mi
245 Franklin Way York, PA	2.0	2.0	1240	$1,150	$0.93	15d	1	1.06mi
231 Franklin Way York, PA	3.0	1.0	920	$1,195	$1.30	15d	1	1.09mi
715 Vander Ave York, PA	3.0	1.0	1180	$1,295	$1.10	15d	1	1.15mi
516 E Boundary Ave York, PA	2.0	1.0	1128	$1,200	$1.06	15d	1	1.23mi
113 Arch St York, PA	4.0	1.0	1188	$1,200	$1.01	15d	1	1.24mi
208 Liberty Ct York, PA	3.0	1.0	1096	$1,195	$1.09	45d	1	1.31mi
251 N George St York, PA	2.0	2.0	1100	$1,595	$1.45	15d	1	1.35mi
42 Laurel St York, PA	3.0	1.0	1136	$1,375	$1.21	22d	1	1.39mi
28 N George St Unit H York, PA	2.0	2.0	1400	$1,550	$1.11	45d	1	1.40mi
443 S Duke St York, PA	3.0	1.0	1028	$1,225	$1.19	45d	1	1.48mi
49 W Market St Unit 2 R York, PA	2.0	1.0	788	$975	$1.24	15d	1	1.49mi
334 N Beaver St York, PA	3.0	1.0	1140	$1,050	$0.92	15d	1	1.49mi
444 S Duke St York, PA	3.0	1.0	1200	$1,200	$1.00	45d	1	1.50mi

Listing history 2 events

1. 2026-05-18
   status Pending 1378-char remark
2. 2026-05-13
   listed $145,000 Active 1378-char remark

ⓘ 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: $3,623 · $302/mo
• Projected year-2 tax: $3,623 · $302/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 6/10 Major 7 d/yr ≥102°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,938
• − Mortgage interest: −$8,122
• − Property taxes: −$3,623
• − Insurance: −$725
• − Repairs & maintenance: −$1,355
• − Management: −$1,355
• − Depreciation: −$4,218
• Taxable loss: −$2,460
• Est. tax savings @ 24.0%: +$590
• After-tax cash flow: $499/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: York City SD
• NCES district ID: 4226820
• Math proficiency: 4% ▼ -7.00%
• Reading proficiency: 16% ▼ -9.00%
• Median HH income: $29,470
• Composite: 7.61/100
• National rank: #9943
• State rank: #534 of 539 in PA

Livability — York

• Score: 75/100
• State rank: #427
• US rank: #3987

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: York, PA
• County: York County · 278,806 people
• City population: 184,764
• Metro: York-Hanover, PA
• Population (ZIP): 40,287
• Household income: $75,384
• Rent vs Own: 36.2% rent · 63.8% own
• Severe rent burden: 1305.0

Population outlook (York County) Hauer SSP2

• Today (2025): 454,205 people
• By 2030: 457,407 · +0.7%
• By 2040: 457,529 · +0.7%
• By 2050: 448,261 · -1.3%
• By 2075: 427,388 · -5.9%
• By 2100: 384,218 · -15.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 60% Hispanic / Latino 20% Black 12% Two or more races 9% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 10% Dominican 3%
• Common ancestry: Romanian 3% Lithuanian 1% Slovak 1%
• Foreign-born: 10% · Canada, Vietnam, Jamaica
• Languages at home: 81% English-only · Spanish 14% Other Indo-European 1% Arabic 1%

Political lean MEDSL · York

• 2024 margin: Strong R (+25.3) · D 36.9% · R 62.1%
• 2008→2024 swing: -11.7pp toward R · 2008: -13.6pp · 2024: -25.3pp
• All cycles: 2024: R+25.3 2020: R+24.6 2016: R+29.3 2012: R+21.2 2008: R+13.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -104.51%
• Current HPI: 284.0731
• Rent YoY: ▲ 4.43%
• Metro: York-Hanover, 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

2 events — show timeline

• 2026-05-18 Pending — BRIGHT MLS
• 2026-05-13 Listed $145,000 BRIGHT MLS

Property tax history

+0.8%/yr

Latest (2026): $3,623 · +1.6% YoY. Source: county tax records.