507 Center St · East Pittsburgh, PA 15112

$42,900

3 bd · 2.5 ba · 1,920 sqft · SingleFamily public records · 1 Days on market

Built 1925 2,613 sqft lot $22/sqft · 59% below area

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +5.5/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

This property offers a prime opportunity for investors looking to add value through renovation. With solid structural potential it’s the perfect canvas for a fix-and-flip or long-term rental project. The home requires repairs and updates, but with the right vision, it can be transformed back into something beautiful!

Key facts

• 2,613 sq ft lot
• Built 1925

Property features AI

Finance

• Financial info: Assessed value listed at $45,400; Annual taxes approximately $2,106

Exterior

• Home design: 3-story property
• Exterior features: Small lot (approximately 0.06 acres)

Interior

• Bathrooms: 2 full bathrooms; 1 half bathroom
• Interior features: Resale condition

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $43k.

Deal economics

• At list price, monthly cash flow is $601 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $43k).

Location & tenants

• Location reads 66/100 on livability (#1,022 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, commute A+, cost of living A+; Watch: schools F, amenities F, employment F.
• Woodland Hills SD (suburban): math 13% / reading 30% proficiency, ranked #486 of 539 in PA (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 14 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).

Forward outlook

• In year one you build about $706 of equity ($297 loan paydown + $409 appreciation (0.9% local appreciation)).
• At projected returns (0.9% appreciation + 3.0% rent growth), your $12k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 9 sale attempts since 15y 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 $35k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $42,900

Questions for the listing agent

1. Built in 1925 — 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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 2.65% ✓
• Cap rate: 23.11%
• Cash-on-cash: 60.07%
• DSCR: 3.67
• GRM: 3.1

CMA / ARV

• ARV (median comp): $130,518
• List price: $42,900
• Delta: -62.00%
• Verdict: UNDERPRICED
• Comps: 16 within 1.0 mi

Projected returns pro-forma

0.95% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 62.8%
• Equity multiple: 4.25×
• Total profit: $39,018
• Equity at exit: $14,542

10-year hold

• IRR: 64.1%
• Equity multiple: 8.60×
• Total profit: $91,294
• Equity at exit: $19,246

Cash invested: $12,012 (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 15112

• Home prices YoY: 0.5%
• Active inventory: 14
• Price-to-rent: 3.1×

Monthly cashflow live

• Estimated rent: $1,136 high
• Mortgage (P&I): −$225
• Tax est. 1.5%: −$54 /mo · $644/yr
• Insurance: −$18
• HOA: −$0
• Vacancy / Maint / Mgmt: −$239
• Net cashflow: $601

Break-even live

Break-even rent $375

Max offer price $42,900

Occupancy floor 42%

Sensitivity live

Price	-10% $631	-5% $616	+0% $601	+5% $586	+10% $572
Rent	-10% $511	-5% $556	+0% $601	+5% $646	+10% $691
Rate	-1.0pp $623	-0.5pp $612	base $601	+0.5pp $590	+1.0pp $579

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: $10,725
• Closing costs: $1,287
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
530 Main St Unit 530 East Pittsburgh, PA	4.0	2.0	1578	$1,133	$0.72	44d	1	0.02mi
407 Bessemer Ave Unit 407-3 East Pittsburgh, PA	2.0	1.0	1280	$775	$0.61	44d	1	0.08mi
101 Center St East Pittsburgh, PA	3.0	1.0	1500	$1,505	$1.00	11d	1	0.22mi
1607 Girard Ave North Versailles, PA	3.0	2.0	1400	$1,595	$1.14	24d	1	0.63mi
906 Penn Ave Unit D Turtle Creek, PA	3.0	2.0	1277	$1,400	$1.10	44d	1	1.00mi
400 Greensburg Pike North Versailles, PA	3.0	1.0	1324	$1,250	$0.94	44d	1	1.06mi
812 Westbury Rd Unit B North Versailles, PA	2.0	1.0	1800	$1,100	$0.61	44d	1	1.19mi
800 Richford St Duquesne, PA	3.0	1.0	1300	$1,600	$1.23	24d	1	1.35mi
537 6th St Braddock, PA	3.0	1.0	1360	$1,400	$1.03	44d	1	1.45mi

Listing history 50 events

1. 2026-05-17
   status Pending 324-char remark
2. 2026-05-17
   listed $42,900 Active 324-char remark
3. 2026-05-10
   historical Expired 324-char remark

   Show marketing remark (324 chars)

   This property offers a prime opportunity for investors looking to add value through renovation. With solid structural potential it’s the perfect canvas for a fix-and-flip or long-term rental project. The home requires repairs and updates, but with the right vision, it can be transformed back into something beautiful!

4. 2026-05-08
   price $49,550 324-char remark

   Show marketing remark (324 chars)

   This property offers a prime opportunity for investors looking to add value through renovation. With solid structural potential it’s the perfect canvas for a fix-and-flip or long-term rental project. The home requires repairs and updates, but with the right vision, it can be transformed back into something beautiful!

5. 2026-05-04
   price $49,600 324-char remark

   Show marketing remark (324 chars)

   This property offers a prime opportunity for investors looking to add value through renovation. With solid structural potential it’s the perfect canvas for a fix-and-flip or long-term rental project. The home requires repairs and updates, but with the right vision, it can be transformed back into something beautiful!

6. 2026-05-01
   price $49,650 324-char remark

   Show marketing remark (324 chars)

   This property offers a prime opportunity for investors looking to add value through renovation. With solid structural potential it’s the perfect canvas for a fix-and-flip or long-term rental project. The home requires repairs and updates, but with the right vision, it can be transformed back into something beautiful!

7. 2026-04-30
   price $49,700 324-char remark

   Show marketing remark (324 chars)

   This property offers a prime opportunity for investors looking to add value through renovation. With solid structural potential it’s the perfect canvas for a fix-and-flip or long-term rental project. The home requires repairs and updates, but with the right vision, it can be transformed back into something beautiful!

8. 2026-04-29
   price $49,750 324-char remark

   Show marketing remark (324 chars)

   This property offers a prime opportunity for investors looking to add value through renovation. With solid structural potential it’s the perfect canvas for a fix-and-flip or long-term rental project. The home requires repairs and updates, but with the right vision, it can be transformed back into something beautiful!

9. 2026-04-24
   price $49,800 324-char remark

   Show marketing remark (324 chars)

   This property offers a prime opportunity for investors looking to add value through renovation. With solid structural potential it’s the perfect canvas for a fix-and-flip or long-term rental project. The home requires repairs and updates, but with the right vision, it can be transformed back into something beautiful!

10. 2026-04-20
    price $49,850 324-char remark

    Show marketing remark (324 chars)

    This property offers a prime opportunity for investors looking to add value through renovation. With solid structural potential it’s the perfect canvas for a fix-and-flip or long-term rental project. The home requires repairs and updates, but with the right vision, it can be transformed back into something beautiful!

11. 2026-04-10
    listed $49,900 Active 324-char remark

    Show marketing remark (324 chars)

    This property offers a prime opportunity for investors looking to add value through renovation. With solid structural potential it’s the perfect canvas for a fix-and-flip or long-term rental project. The home requires repairs and updates, but with the right vision, it can be transformed back into something beautiful!

12. 2026-03-31
    historical Expired
13. 2026-03-30
    price $52,650
14. 2026-03-27
    price $52,700
15. 2026-03-23
    price $52,750
16. 2026-03-20
    price $52,800
17. 2026-03-16
    price $52,850
18. 2026-03-13
    price $53,900
19. 2026-03-09
    price $53,950
20. 2026-03-05
    listed $54,000 Active
21. 2026-02-28
    historical Expired
22. 2026-02-24
    price $54,450
23. 2026-02-20
    price $54,500
24. 2026-02-20
    status Active
25. 2026-02-13
    price $54,650
26. 2026-02-04
    price $54,700
27. 2026-01-30
    price $54,750
28. 2026-01-24
    price $54,800
29. 2026-01-20
    price $54,850
30. 2026-01-14
    price $54,900
31. 2026-01-09
    price $54,950
32. 2026-01-03
    status Active
33. 2026-01-03
    price $54,999
34. 2025-12-22
    price $59,100
35. 2025-12-18
    price $59,150
36. 2025-12-12
    price $59,200
37. 2025-12-04
    price $59,250
38. 2025-11-28
    price $59,300
39. 2025-11-21
    price $59,350
40. 2025-11-13
    price $59,450
41. 2025-11-06
    listed $59,950 Active
42. 2024-03-18
    soldstatus $35,000
43. 2023-08-17
    price $57,500
44. 2023-06-21
    price $60,000
45. 2023-04-04
    status Active
46. 2023-03-26
    historical Contingent
47. 2023-01-31
    price $65,000
48. 2023-01-18
    price $70,000
49. 2023-01-05
    price $79,000
50. 2022-12-07
    listed $87,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥96°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,637
• − Mortgage interest: −$2,403
• − Property taxes: −$644
• − Insurance: −$214
• − Repairs & maintenance: −$1,091
• − Management: −$1,091
• − Depreciation: −$1,248
• Taxable income: $6,946
• Est. tax owed @ 24.0%: −$1,667
• After-tax cash flow: $5,548/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: Woodland Hills SD
• NCES district ID: 4216500
• Math proficiency: 13% ▼ -13.00%
• Reading proficiency: 30% ▼ -10.00%
• Median HH income: $41,803
• Composite: 18.31/100
• National rank: #8954
• State rank: #486 of 539 in PA

Livability — East Pittsburgh

• Score: 66/100
• State rank: #1022
• US rank: #11300

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: East Pittsburgh, PA
• Population (ZIP): 3,345

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 0.57)
• Race & ethnicity: Black 47% White 45% Two or more races 7% Hispanic / Latino 2%
• Common ancestry: Romanian 5% Serbian 1% Slovak 1%
• Foreign-born: 1%
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 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: ▲ 0.95%
• Current HPI: 176.5537
• 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

Price history

+34.1% since first listed

53 events — show timeline

• 2026-05-17 Pending — West Penn MLS
• 2026-05-17 Listed $42,900 West Penn MLS
• 2026-05-10 Delisted — West Penn MLS
• 2026-05-08 Price Changed $49,550 West Penn MLS
• 2026-05-04 Price Changed $49,600 West Penn MLS
• 2026-05-01 Price Changed $49,650 West Penn MLS
• 2026-04-30 Price Changed $49,700 West Penn MLS
• 2026-04-29 Price Changed $49,750 West Penn MLS
• 2026-04-24 Price Changed $49,800 West Penn MLS
• 2026-04-20 Price Changed $49,850 West Penn MLS
• 2026-04-10 Listed $49,900 West Penn MLS
• 2026-03-31 Delisted — West Penn MLS
• 2026-03-30 Price Changed $52,650 West Penn MLS
• 2026-03-27 Price Changed $52,700 West Penn MLS
• 2026-03-23 Price Changed $52,750 West Penn MLS
• 2026-03-20 Price Changed $52,800 West Penn MLS
• 2026-03-16 Price Changed $52,850 West Penn MLS
• 2026-03-13 Price Changed $53,900 West Penn MLS
• 2026-03-09 Price Changed $53,950 West Penn MLS
• 2026-03-05 Listed $54,000 West Penn MLS
• 2026-02-28 Delisted — West Penn MLS
• 2026-02-24 Price Changed $54,450 West Penn MLS
• 2026-02-20 Price Changed $54,500 West Penn MLS
• 2026-02-20 Relisted — West Penn MLS
• 2026-02-13 Price Changed $54,650 West Penn MLS
• 2026-02-04 Price Changed $54,700 West Penn MLS
• 2026-01-30 Price Changed $54,750 West Penn MLS
• 2026-01-24 Price Changed $54,800 West Penn MLS
• 2026-01-20 Price Changed $54,850 West Penn MLS
• 2026-01-14 Price Changed $54,900 West Penn MLS
• 2026-01-09 Price Changed $54,950 West Penn MLS
• 2026-01-03 Relisted — West Penn MLS
• 2026-01-03 Price Changed $54,999 West Penn MLS
• 2025-12-22 Price Changed $59,100 West Penn MLS
• 2025-12-18 Price Changed $59,150 West Penn MLS
• 2025-12-12 Price Changed $59,200 West Penn MLS
• 2025-12-04 Price Changed $59,250 West Penn MLS
• 2025-11-28 Price Changed $59,300 West Penn MLS
• 2025-11-21 Price Changed $59,350 West Penn MLS
• 2025-11-13 Price Changed $59,450 West Penn MLS
• 2025-11-06 Listed $59,950 West Penn MLS
• 2024-03-18 Sold (Public Records) $35,000 Public Records
• 2023-08-17 Price Changed $57,500 West Penn MLS
• 2023-06-21 Price Changed $60,000 West Penn MLS
• 2023-04-04 Relisted — West Penn MLS
• 2023-03-26 Contingent — West Penn MLS
• 2023-01-31 Price Changed $65,000 West Penn MLS
• 2023-01-18 Price Changed $70,000 West Penn MLS
• 2023-01-05 Price Changed $79,000 West Penn MLS
• 2022-12-07 Listed $87,000 West Penn MLS
• 2018-12-03 Sold (Public Records) $20,160 Public Records
• 2011-04-28 Listed $25,000 West Penn MLS
• 2005-12-22 Sold (Public Records) $32,000 Public Records

Property tax history

+1.7%/yr

Latest (2026): $2,236 · +6.2% YoY. Source: county tax records.