Multi-family
211 E 7th Ave · Tarentum, PA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $511 – $949
Heat risk 5/10 · Moderate
- Hot days now (above 97°F)
- 8 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
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 +15.0/30.0
- ARV discount +7.5/15.0
- Appreciation +5.2/10.0
- 1% rule +5.0/10.0
- DSCR +5.0/10.0
- Livability +4.0/5.0
- Schools +3.3/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
$74,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records
Listing remarks MLS
Endless possibilities with this huge home—use it as a 6-bedroom, 3-bath residence or transform it back into a triplex (currently zoned as a 3 family per tax records) Conveniently located close to schools, public transportation and easy access to Route 28. The main level features a spacious 1-bedroom, 1-bath apartment with large rooms and high ceilings, plus a second 1-bedroom, 1-bath efficiency unit. Upstairs offers a massive 4-bedroom apartment with access to a fenced backyard. While the property needs some work, its size and layout provide great potential for investment or multi-generational living.
Key facts
- Zoned as a 3 family
- Close to schools
- Triplex
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 5-bed/3.0-bath multifamily listed at $75k.
Deal economics
- At list price, monthly cash flow is $2k ($24k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $75k).
- Recommended offer: $66k (12.0% below list) — sets the bar for market timing.
- Cap rate 38.3% vs local median 8.7% in Tarentum — 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 79/100 on livability (#240 in PA, #2,066 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools C-, amenities F, employment F.
- Highlands SD (suburban): math 29% / reading 48% proficiency, ranked #376 of 539 in PA (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: 41 active listings in the ZIP; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
Forward outlook
- In year one you build about $858 of equity ($518 loan paydown + $340 appreciation (0.5% local appreciation)).
- At projected returns (0.5% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~1 year — after that, you're playing with house money.
Negotiation context
- It's been on market 268 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 25y ago; this cycle's ask has dropped $12k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $25k; list at $75k implies a 200% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: property tax is 2.6% of price; built in 1895 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 8→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 268 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1895 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 4.37% ✓
- Cap rate
- 38.30%
- Cash-on-cash
- 114.29%
- DSCR
- 6.09
- GRM
- 1.9
CMA / ARV
No comps found within radius.
Projected returns pro-forma
0.45% appreciation · 3.0% rent growth · sell at horizon
- IRR
- —
- Equity multiple
- 7.04×
- Total profit
- $126,733
- Equity at exit
- $23,463
- IRR
- —
- Equity multiple
- 14.65×
- Total profit
- $286,233
- Equity at exit
- $29,611
Cash invested: $20,972 (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
ZIP-level market 15084
- Home prices YoY
- 0.2%
- Active inventory
- 41
- Price-to-rent
- 6.9×
Monthly cashflow live
- Estimated rent
- $3,273 medium interval (Pro) →
- Mortgage (P&I)
- −$393
- Tax from tax record
- −$164 /mo · $1,971/yr
- Insurance
- −$31
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$687
- Net cashflow
- $1,997
Break-even live
Sensitivity live
| Price | -10% $2,040 | -5% $2,019 | +0% $1,997 | +5% $1,976 | +10% $1,955 |
|---|---|---|---|---|---|
| Rent | -10% $1,739 | -5% $1,868 | +0% $1,997 | +5% $2,127 | +10% $2,256 |
| Rate | -1.0pp $2,035 | -0.5pp $2,017 | base $1,997 | +0.5pp $1,978 | +1.0pp $1,958 |
3-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 1 | 1 | $1,808 |
| #1 | 1 | 1 | $904 |
| #2 | 1 | 1 | $904 |
| 1× unit | 4 | 1 | $1,466 |
| Total (3 units) | $3,273 | ||
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
- $18,725
- Closing costs
- $2,247
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 23 events
-
2026-06-07days on market $74,900 Active 268 DOM
-
2026-06-05days on market $74,900 Active 265 DOM
-
2026-06-03days on market $74,900 Active 264 DOM
-
2026-06-02days on market $74,900 Active 263 DOM
-
2026-06-01days on market $74,900 Active 262 DOM
-
2026-05-31days on market $74,900 Active 261 DOM
-
2026-04-14price $74,900 614-char remark
Show marketing remark (614 chars)
Endless possibilities with this huge home—use it as a 6-bedroom, 3-bath residence or transform it back into a triplex (currently zoned as a 3 family per tax records) Conveniently located close to schools, public transportation and easy access to Route 28. The main level features a spacious 1-bedroom, 1-bath apartment with large rooms and high ceilings, plus a second 1-bedroom, 1-bath efficiency unit. Upstairs offers a massive 4-bedroom apartment with access to a fenced backyard. While the property needs some work, its size and layout provide great potential for investment or multi-generational living.
-
2026-04-14price $74,900 614-char remark
Show marketing remark (614 chars)
Endless possibilities with this huge home—use it as a 6-bedroom, 3-bath residence or transform it back into a triplex (currently zoned as a 3 family per tax records) Conveniently located close to schools, public transportation and easy access to Route 28. The main level features a spacious 1-bedroom, 1-bath apartment with large rooms and high ceilings, plus a second 1-bedroom, 1-bath efficiency unit. Upstairs offers a massive 4-bedroom apartment with access to a fenced backyard. While the property needs some work, its size and layout provide great potential for investment or multi-generational living.
-
2025-11-13price $77,500 614-char remark
Show marketing remark (614 chars)
Endless possibilities with this huge home—use it as a 6-bedroom, 3-bath residence or transform it back into a triplex (currently zoned as a 3 family per tax records) Conveniently located close to schools, public transportation and easy access to Route 28. The main level features a spacious 1-bedroom, 1-bath apartment with large rooms and high ceilings, plus a second 1-bedroom, 1-bath efficiency unit. Upstairs offers a massive 4-bedroom apartment with access to a fenced backyard. While the property needs some work, its size and layout provide great potential for investment or multi-generational living.
-
2025-11-13price $77,500 614-char remark
Show marketing remark (614 chars)
Endless possibilities with this huge home—use it as a 6-bedroom, 3-bath residence or transform it back into a triplex (currently zoned as a 3 family per tax records) Conveniently located close to schools, public transportation and easy access to Route 28. The main level features a spacious 1-bedroom, 1-bath apartment with large rooms and high ceilings, plus a second 1-bedroom, 1-bath efficiency unit. Upstairs offers a massive 4-bedroom apartment with access to a fenced backyard. While the property needs some work, its size and layout provide great potential for investment or multi-generational living.
-
2025-10-03price $80,900 614-char remark
Show marketing remark (614 chars)
Endless possibilities with this huge home—use it as a 6-bedroom, 3-bath residence or transform it back into a triplex (currently zoned as a 3 family per tax records) Conveniently located close to schools, public transportation and easy access to Route 28. The main level features a spacious 1-bedroom, 1-bath apartment with large rooms and high ceilings, plus a second 1-bedroom, 1-bath efficiency unit. Upstairs offers a massive 4-bedroom apartment with access to a fenced backyard. While the property needs some work, its size and layout provide great potential for investment or multi-generational living.
-
2025-10-03price $80,900 614-char remark
Show marketing remark (614 chars)
Endless possibilities with this huge home—use it as a 6-bedroom, 3-bath residence or transform it back into a triplex (currently zoned as a 3 family per tax records) Conveniently located close to schools, public transportation and easy access to Route 28. The main level features a spacious 1-bedroom, 1-bath apartment with large rooms and high ceilings, plus a second 1-bedroom, 1-bath efficiency unit. Upstairs offers a massive 4-bedroom apartment with access to a fenced backyard. While the property needs some work, its size and layout provide great potential for investment or multi-generational living.
-
2025-09-12$86,900 Active 614-char remark
Show marketing remark (614 chars)
Endless possibilities with this huge home—use it as a 6-bedroom, 3-bath residence or transform it back into a triplex (currently zoned as a 3 family per tax records) Conveniently located close to schools, public transportation and easy access to Route 28. The main level features a spacious 1-bedroom, 1-bath apartment with large rooms and high ceilings, plus a second 1-bedroom, 1-bath efficiency unit. Upstairs offers a massive 4-bedroom apartment with access to a fenced backyard. While the property needs some work, its size and layout provide great potential for investment or multi-generational living.
-
2025-09-12$86,900 Active 614-char remark
Show marketing remark (614 chars)
Endless possibilities with this huge home—use it as a 6-bedroom, 3-bath residence or transform it back into a triplex (currently zoned as a 3 family per tax records) Conveniently located close to schools, public transportation and easy access to Route 28. The main level features a spacious 1-bedroom, 1-bath apartment with large rooms and high ceilings, plus a second 1-bedroom, 1-bath efficiency unit. Upstairs offers a massive 4-bedroom apartment with access to a fenced backyard. While the property needs some work, its size and layout provide great potential for investment or multi-generational living.
-
2013-05-02soldstatus $25,000
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2013-04-26price $28,900
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2013-04-26soldstatus $25,000
-
2012-10-26$25,000
-
2011-10-09$31,500
-
2001-07-30soldstatus $47,000
-
2001-07-25soldstatus $47,000
-
2001-06-09$47,000
-
1984-02-08soldstatus $30,000
ⓘ 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
- $1,971 · $164/mo
- Projected year-2 tax
- $1,971 · $164/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 5/10 Major 8 d/yr ≥97°F today · 20 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $39,276
- − Mortgage interest
- −$4,196
- − Property taxes
- −$1,971
- − Insurance
- −$374
- − Repairs & maintenance
- −$3,142
- − Management
- −$3,142
- − Depreciation
- −$2,179
- Taxable income
- $24,272
- Est. tax owed @ 24.0%
- −$5,825
- After-tax cash flow
- $18,144/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
- Highlands SD
- NCES district ID
- 4211880
- Math proficiency
- 29% ▼ -9.00%
- Reading proficiency
- 48% ▼ -9.00%
- Median HH income
- $43,730
- Composite
- 32.58/100
- National rank
- #5679
- State rank
- #376 of 539 in PA
Livability — Tarentum
- Score
- 79/100
- State rank
- #240
- US rank
- #2066
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Tarentum, PA
- Population (ZIP)
- 9,884
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
- Predominantly White (92%)
- Race & ethnicity
- White 92% Two or more races 4% Black 3% Hispanic / Latino 1%
- Common ancestry
- Romanian 14% Lithuanian 2% Serbian 2%
- Foreign-born
- 1%
- Languages at home
- 98% English-only · French/Haitian/Cajun 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
- ▲ 0.45%
- Current HPI
- 230.7532
- Rent YoY
- —
- Metro
- —
- 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 |
|
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Price history
+149.7% since first listed17 events — show timeline
- 2026-04-14 Price Changed $74,900 West Penn MLS
- 2026-04-14 Price Changed $74,900 West Penn MLS
- 2025-11-13 Price Changed $77,500 West Penn MLS
- 2025-11-13 Price Changed $77,500 West Penn MLS
- 2025-10-03 Price Changed $80,900 West Penn MLS
- 2025-10-03 Price Changed $80,900 West Penn MLS
- 2025-09-12 Listed $86,900 West Penn MLS
- 2025-09-12 Listed $86,900 West Penn MLS
- 2013-05-02 Sold (Public Records) $25,000 Public Records
- 2013-04-26 Sold (MLS) $25,000 West Penn MLS
- 2013-04-26 Price Changed $28,900 West Penn MLS
- 2012-10-26 Listed $25,000 West Penn MLS
- 2011-10-09 Listed $31,500 West Penn MLS
- 2001-07-30 Sold (Public Records) $47,000 Public Records
- 2001-07-25 Sold (MLS) $47,000 West Penn MLS
- 2001-06-09 Listed $47,000 West Penn MLS
- 1984-02-08 Sold (Public Records) $30,000 Public Records
Property tax history
+0.8%/yrLatest (2026): $1,971 · -1.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…