308 4th St · Monongahela, PA 15063

$97,900

3 bd · 1.5 ba · 2,365 sqft · SingleFamily public records · 258 Days on market

Built 1900 4,356 sqft lot $41/sqft · 33% below area Est $147k · 33% under ↓ 22% since listing

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Why this score? — see what drove the C+ 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 +22.8/30.0
• ARV discount +15.0/15.0
• DSCR +7.3/10.0
• 1% rule +6.9/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step back in time with this beautiful home where timeless character meets modern opportunity! Full of original details, this property showcases vintage hardwood floors, intricate wood woodwork and elegant moldings that speak to its historic charm. Perfectly situated for flexibility this unique property is zoned for both commercial and residential use offering endless options. Whether you're dreaming of a boutique business, professional office live/work space or a charming private residence, this home is ideal! The updated roof, bathrooms and huge detached garage add further appeal to this graceful home with built-in versatility!

Key facts

• 4,356 sq ft lot
• Garage
• Built 1900

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $98k.

Deal economics

• At list price, monthly cash flow is $114 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $98k).
• Recommended offer: $86k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 6.9% in Monongahela — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 72/100 on livability (#629 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: employment C-, health & safety D+, amenities F.
• Ringgold SD (suburban): math 19% / reading 36% proficiency, ranked #452 of 539 in PA (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 66 active listings in the ZIP; 489 units permitted in Washington County in 2024 (30 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $677 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Washington County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 258 days — a 12% lower offer ($86k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 16y 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 $45k; list at $98k implies a 118% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $86,152 (12.0% below list)

Questions for the listing agent

1. It's been on market 258 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 1.19% ✓
• Cap rate: 8.37%
• Cash-on-cash: 7.43%
• DSCR: 1.33
• GRM: 7.0

CMA / ARV

• ARV (median comp): $147,100
• List price: $97,900
• Delta: -33.45%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
504 Marne Ave	0.12mi	3/1.5	2,324 (-2%)	1mo	$55,600	$24	91
136 1/2 Chess St	0.20mi	4/2.0 (+1)	2,076 (-12%)	0mo	$150,000	$72	63
438 N Alexander St	0.14mi	3/2.0	2,698 (+14%)	7mo	$150,000	$56	62
624 4th St	0.32mi	3/1.0	2,084 (-12%)	4mo	$190,000	$91	60

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: -8.4%
• Equity multiple: 0.69×
• Total profit: $-8,497
• Equity at exit: $14,597

10-year hold

• IRR: 1.2%
• Equity multiple: 1.09×
• Total profit: $2,359
• Equity at exit: $8,465

Cash invested: $27,412 (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 15063

• Home prices YoY: -6.9%
• Active inventory: 66
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,167 medium
• Mortgage (P&I): −$513
• Tax from tax record: −$198 /mo · $2,374/yr
• Insurance: −$41
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$245
• Net cashflow: $114

Break-even live

Break-even rent $1,022

Max offer price $97,900

Occupancy floor 85%

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: $24,475
• Closing costs: $2,937
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-05
   days on market $97,900 Active 258 DOM
2. 2026-06-03
   days on market $97,900 Active 257 DOM
3. 2026-06-02
   days on market $97,900 Active 256 DOM
4. 2026-06-01
   days on market $97,900 Active 255 DOM
5. 2026-05-31
   days on market $97,900 Active 254 DOM
6. 2025-09-19
   listed $97,900 Active 639-char remark

   Show marketing remark (639 chars)

   Step back in time with this beautiful home where timeless character meets modern opportunity! Full of original details, this property showcases vintage hardwood floors, intricate wood woodwork and elegant moldings that speak to its historic charm. Perfectly situated for flexibility this unique property is zoned for both commercial and residential use offering endless options. Whether you're dreaming of a boutique business, professional office live/work space or a charming private residence, this home is ideal! The updated roof, bathrooms and huge detached garage add further appeal to this graceful home with built-in versatility!

7. 2022-09-16
   status Active 532-char remark

   Show marketing remark (532 chars)

   WOW WHAT AN OPPORTUNITY!!! THIS SPACIOUS 7 ROOM HOME IS ZONED COMMERCIAL AND RESIDENTIAL. OFFERING AN OVERSIZED 2 CAR GARAGE. MANY OF THE OLD WORLD CHARACTERISTICS ARE STILL PRESENT AND UNTOUCHED. WHETHER YOUR LOOKING FOR AN OLD HOME TO RESTORE TO ITS PREVIOUS GLORY OF THE LATE 1800'S STYLE HOMES OR PLACE A BUSINESSS HERE SUCH AS A SPA, TEA ROOM, INSURANCE COMPANY ETC. THERE ARE SO MANY POSSIBILITES. NEW ROOF INSTALLED IN 2021. ONE OF THE MOST UNIQUE FEATURES OF THIS HOME IS A MEZZANINE WHICH COULD BE USED AS A MASTER SUITE.

8. 2022-04-25
   historical Contingent 532-char remark

   Show marketing remark (532 chars)

   WOW WHAT AN OPPORTUNITY!!! THIS SPACIOUS 7 ROOM HOME IS ZONED COMMERCIAL AND RESIDENTIAL. OFFERING AN OVERSIZED 2 CAR GARAGE. MANY OF THE OLD WORLD CHARACTERISTICS ARE STILL PRESENT AND UNTOUCHED. WHETHER YOUR LOOKING FOR AN OLD HOME TO RESTORE TO ITS PREVIOUS GLORY OF THE LATE 1800'S STYLE HOMES OR PLACE A BUSINESSS HERE SUCH AS A SPA, TEA ROOM, INSURANCE COMPANY ETC. THERE ARE SO MANY POSSIBILITES. NEW ROOF INSTALLED IN 2021. ONE OF THE MOST UNIQUE FEATURES OF THIS HOME IS A MEZZANINE WHICH COULD BE USED AS A MASTER SUITE.

9. 2021-09-13
   price $99,921 532-char remark

   Show marketing remark (532 chars)

   WOW WHAT AN OPPORTUNITY!!! THIS SPACIOUS 7 ROOM HOME IS ZONED COMMERCIAL AND RESIDENTIAL. OFFERING AN OVERSIZED 2 CAR GARAGE. MANY OF THE OLD WORLD CHARACTERISTICS ARE STILL PRESENT AND UNTOUCHED. WHETHER YOUR LOOKING FOR AN OLD HOME TO RESTORE TO ITS PREVIOUS GLORY OF THE LATE 1800'S STYLE HOMES OR PLACE A BUSINESSS HERE SUCH AS A SPA, TEA ROOM, INSURANCE COMPANY ETC. THERE ARE SO MANY POSSIBILITES. NEW ROOF INSTALLED IN 2021. ONE OF THE MOST UNIQUE FEATURES OF THIS HOME IS A MEZZANINE WHICH COULD BE USED AS A MASTER SUITE.

10. 2021-07-20
    listed $109,921 Active 532-char remark

    Show marketing remark (532 chars)

    WOW WHAT AN OPPORTUNITY!!! THIS SPACIOUS 7 ROOM HOME IS ZONED COMMERCIAL AND RESIDENTIAL. OFFERING AN OVERSIZED 2 CAR GARAGE. MANY OF THE OLD WORLD CHARACTERISTICS ARE STILL PRESENT AND UNTOUCHED. WHETHER YOUR LOOKING FOR AN OLD HOME TO RESTORE TO ITS PREVIOUS GLORY OF THE LATE 1800'S STYLE HOMES OR PLACE A BUSINESSS HERE SUCH AS A SPA, TEA ROOM, INSURANCE COMPANY ETC. THERE ARE SO MANY POSSIBILITES. NEW ROOF INSTALLED IN 2021. ONE OF THE MOST UNIQUE FEATURES OF THIS HOME IS A MEZZANINE WHICH COULD BE USED AS A MASTER SUITE.

11. 2013-03-11
    soldstatus $45,000
12. 2013-03-08
    soldstatus $45,000
13. 2013-03-08
    price $69,900
14. 2012-11-25
    listed $45,000
15. 2012-04-11
    listed $89,900
16. 2010-11-11
    listed $77,500
17. 2010-04-18
    listed $125,021

ⓘ 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: $2,374 · $198/mo
• Projected year-2 tax: $2,374 · $198/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 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 8 d/yr ≥98°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,001
• − Mortgage interest: −$5,484
• − Property taxes: −$2,374
• − Insurance: −$1,156
• − Repairs & maintenance: −$1,120
• − Management: −$1,120
• − Depreciation: −$2,848
• Taxable loss: −$102
• Est. tax savings @ 24.0%: +$24
• After-tax cash flow: $1,394/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: Ringgold SD
• NCES district ID: 4220400
• Math proficiency: 19% ▼ -20.00%
• Reading proficiency: 36% ▼ -18.00%
• Median HH income: $46,754
• Composite: 23.75/100
• National rank: #7819
• State rank: #452 of 539 in PA

Livability — Monongahela

• Score: 72/100
• State rank: #629
• US rank: #6064

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Monongahela, PA
• City population: 10,479
• Population (ZIP): 10,479

Population outlook (Washington County) Hauer SSP2

• Today (2025): 208,060 people
• By 2030: 207,168 · -0.4%
• By 2040: 202,738 · -2.6%
• By 2050: 195,269 · -6.1%
• By 2075: 175,588 · -15.6%
• By 2100: 145,827 · -29.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 4% Hispanic / Latino 3%
• Common ancestry: Romanian 9% Slovak 4% Scotch-Irish 3%
• Foreign-born: 2% · Vietnam, Canada
• Languages at home: 97% English-only · Spanish 2% German/W. Germanic 1%

Political lean MEDSL · Washington

• 2024 margin: Strong R (+25.5) · D 36.9% · R 62.4%
• 2008→2024 swing: -20.8pp toward R · 2008: -4.7pp · 2024: -25.5pp
• All cycles: 2024: R+25.5 2020: R+22.8 2016: R+25.3 2012: R+13.3 2008: R+4.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -19.31%
• Current HPI: 261.0334
• 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

-21.7% since first listed

12 events — show timeline

• 2025-09-19 Listed $97,900 West Penn MLS
• 2022-09-16 Relisted — West Penn MLS
• 2022-04-25 Contingent — West Penn MLS
• 2021-09-13 Price Changed $99,921 West Penn MLS
• 2021-07-20 Listed $109,921 West Penn MLS
• 2013-03-11 Sold (Public Records) $45,000 Public Records
• 2013-03-08 Price Changed $69,900 West Penn MLS
• 2013-03-08 Sold (MLS) $45,000 West Penn MLS
• 2012-11-25 Listed $45,000 West Penn MLS
• 2012-04-11 Listed $89,900 West Penn MLS
• 2010-11-11 Listed $77,500 West Penn MLS
• 2010-04-18 Listed $125,021 West Penn MLS

Property tax history

+4.1%/yr

Latest (2026): $2,374 · +7.7% YoY. Source: county tax records.