415 North Ave · Midland, PA 15342

$140,000

3 bd · 2.0 ba · 1,742 sqft · SingleFamily public records · 237 Days on market

Built 1937 6,076 sqft lot $80/sqft · 26% below area Est $189k · 26% under

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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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.1/10.0
• Schools +4.7/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 415 North Ave—a charming ranch space, comfort, and versatility in a prime Houston location. This property has some functional updates but needs cosmetic. The property features a double fenced-in lot, metal roof (2023/2024), All 3 upstairs bedrooms w/ ample closet space, while the master suite provides added privacy, a bath and vanity changing area. The flexible downstairs space includes a finished office/game room, a full kitchen, dining area, & bath—ideal for entertaining, a guest suite, or hobbies. Relax outdoors on the covered patio or enjoy the fenced backyard with room for pets, gardening, or gatherings. With low Washington County taxes and a location just over a mile from I-79, commuting to shopping, dining, parks, and area attractions is a breeze. Whether you're seeking a starter home or your next investment, this property provides "move-in-ready" appeal and space to grow.

Key facts

• Double fenced-in lot
• Metal roof
• Covered patio

Tags

• DOUBLE FENCED-IN LOT
• METAL ROOF
• FINISHED OFFICE/GAME ROOM
• COVERED PATIO
• FENCED BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $647 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 70/100 on livability (#770 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, crime A, housing A; Watch: health & safety C-, employment D+, amenities F.
• Chartiers-Houston SD (suburban): math 40% / reading 68% proficiency, ranked #125 of 539 in PA (top 23%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 27 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 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 $968 of loan paydown is wiped out by about $4k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 237 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask is 4% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: built in 1937 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $123,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 237 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 1937 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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.
6. 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.
7. 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: 1.41% ✓
• Cap rate: 11.84%
• Cash-on-cash: 19.80%
• DSCR: 1.88
• GRM: 5.9

CMA / ARV

• ARV (median comp): $189,050
• List price: $140,000
• Delta: -25.95%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
211 Reed Ave	0.38mi	3/2.5	1,650 (-5%)	5mo	$365,000	$221	67
150 N Haft St	0.45mi	4/2.0 (+1)	1,675 (-4%)	3mo	$258,000	$154	65
112 Cherry Ave	0.42mi	4/2.0 (+1)	1,792 (+3%)	7mo	$266,000	$148	65
363 Oak Spring Rd	0.63mi	4/1.0 (+1)	1,754 (+1%)	2mo	$269,900	$154	59
366 N Main Steet	0.18mi	3/2.0	1,586 (-9%)	22mo	$231,366	$146	58
14 E Pike St	0.56mi	3/1.5	1,598 (-8%)	1mo	$140,000	$88	58
209 Reed Ave	0.35mi	3/2.0	1,500 (-14%)	16mo	$360,000	$240	47
8 W Pike St	0.57mi	4/2.5 (+1)	1,833 (+5%)	14mo	$225,000	$123	46
148 Oak Spring Rd	0.71mi	3/2.0	1,499 (-14%)	1mo	$225,000	$150	43
616 W College St	0.69mi	3/1.5	1,558 (-11%)	10mo	$265,000	$170	40
109 Cherry Ave	0.43mi	3/3.5	1,999 (+15%)	15mo	$222,461	$111	37
331 Grace Ave	0.74mi	4/2.0 (+1)	1,597 (-8%)	20mo	$220,000	$138	30

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: 11.9%
• Equity multiple: 1.47×
• Total profit: $18,501
• Equity at exit: $20,874

10-year hold

• IRR: 20.9%
• Equity multiple: 2.76×
• Total profit: $69,131
• Equity at exit: $12,105

Cash invested: $39,200 (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 15342

• Home prices YoY: -7.5%
• Active inventory: 27
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,972 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$119 /mo · $1,424/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$414
• Net cashflow: $647

Break-even live

Break-even rent $1,153

Max offer price $140,000

Occupancy floor 62%

Sensitivity live

Price	-10% $726	-5% $686	+0% $647	+5% $607	+10% $567
Rent	-10% $491	-5% $569	+0% $647	+5% $725	+10% $803
Rate	-1.0pp $717	-0.5pp $682	base $647	+0.5pp $610	+1.0pp $574

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
236 Grace Ave Canonsburg, PA	3.0	2.0	1656	$1,800	$1.09	2d	1	0.76mi
108 Loubell Dr Unit 108 Canonsburg, PA	3.0	2.5	1760	$2,295	$1.30	17d	1	1.49mi

Listing history 23 events

1. 2026-06-21
   days on market $140,000 Active 237 DOM
2. 2026-06-18
   days on market $140,000 Active 234 DOM
3. 2026-06-17
   days on market $140,000 Active 233 DOM
4. 2026-06-16
   days on market $140,000 Active 232 DOM
5. 2026-06-15
   days on market $140,000 Active 231 DOM
6. 2026-06-13
   days on market $140,000 Active 229 DOM
7. 2026-06-13
   days on market $140,000 Active 228 DOM
8. 2026-06-09
   days on market $140,000 Active 225 DOM
9. 2026-06-08
   days on market $140,000 Active 224 DOM
10. 2026-06-07
    days on market $140,000 Active 223 DOM
11. 2026-06-05
    days on market $140,000 Active 220 DOM
12. 2026-06-03
    days on market $140,000 Active 219 DOM
13. 2026-06-02
    days on market $140,000 Active 218 DOM
14. 2026-06-01
    days on market $140,000 Active 217 DOM
15. 2026-05-31
    days on market $140,000 Active 216 DOM
16. 2026-05-12
    status Pending 931-char remark

    Show marketing remark (931 chars)

    Welcome to 415 North Ave—a charming ranch space, comfort, and versatility in a prime Houston location. This property has some functional updates but needs cosmetic. The property features a double fenced-in lot, metal roof (2023/2024), All 3 upstairs bedrooms w/ ample closet space, while the master suite provides added privacy, a bath and vanity changing area. The flexible downstairs space includes a finished office/game room, a full kitchen, dining area, & bath—ideal for entertaining, a guest suite, or hobbies. Relax outdoors on the covered patio or enjoy the fenced backyard with room for pets, gardening, or gatherings. With low Washington County taxes and a location just over a mile from I-79, commuting to shopping, dining, parks, and area attractions is a breeze. Whether you're seeking a starter home or your next investment, this property provides "move-in-ready" appeal and space to grow.

17. 2026-04-11
    status Active 931-char remark

    Show marketing remark (931 chars)

    Welcome to 415 North Ave—a charming ranch space, comfort, and versatility in a prime Houston location. This property has some functional updates but needs cosmetic. The property features a double fenced-in lot, metal roof (2023/2024), All 3 upstairs bedrooms w/ ample closet space, while the master suite provides added privacy, a bath and vanity changing area. The flexible downstairs space includes a finished office/game room, a full kitchen, dining area, & bath—ideal for entertaining, a guest suite, or hobbies. Relax outdoors on the covered patio or enjoy the fenced backyard with room for pets, gardening, or gatherings. With low Washington County taxes and a location just over a mile from I-79, commuting to shopping, dining, parks, and area attractions is a breeze. Whether you're seeking a starter home or your next investment, this property provides "move-in-ready" appeal and space to grow.

18. 2026-04-02
    historical Contingent 931-char remark

    Show marketing remark (931 chars)

    Welcome to 415 North Ave—a charming ranch space, comfort, and versatility in a prime Houston location. This property has some functional updates but needs cosmetic. The property features a double fenced-in lot, metal roof (2023/2024), All 3 upstairs bedrooms w/ ample closet space, while the master suite provides added privacy, a bath and vanity changing area. The flexible downstairs space includes a finished office/game room, a full kitchen, dining area, & bath—ideal for entertaining, a guest suite, or hobbies. Relax outdoors on the covered patio or enjoy the fenced backyard with room for pets, gardening, or gatherings. With low Washington County taxes and a location just over a mile from I-79, commuting to shopping, dining, parks, and area attractions is a breeze. Whether you're seeking a starter home or your next investment, this property provides "move-in-ready" appeal and space to grow.

19. 2025-11-20
    status Active 931-char remark

    Show marketing remark (931 chars)

    Welcome to 415 North Ave—a charming ranch space, comfort, and versatility in a prime Houston location. This property has some functional updates but needs cosmetic. The property features a double fenced-in lot, metal roof (2023/2024), All 3 upstairs bedrooms w/ ample closet space, while the master suite provides added privacy, a bath and vanity changing area. The flexible downstairs space includes a finished office/game room, a full kitchen, dining area, & bath—ideal for entertaining, a guest suite, or hobbies. Relax outdoors on the covered patio or enjoy the fenced backyard with room for pets, gardening, or gatherings. With low Washington County taxes and a location just over a mile from I-79, commuting to shopping, dining, parks, and area attractions is a breeze. Whether you're seeking a starter home or your next investment, this property provides "move-in-ready" appeal and space to grow.

20. 2025-11-20
    price $140,000 931-char remark

    Show marketing remark (931 chars)

    Welcome to 415 North Ave—a charming ranch space, comfort, and versatility in a prime Houston location. This property has some functional updates but needs cosmetic. The property features a double fenced-in lot, metal roof (2023/2024), All 3 upstairs bedrooms w/ ample closet space, while the master suite provides added privacy, a bath and vanity changing area. The flexible downstairs space includes a finished office/game room, a full kitchen, dining area, & bath—ideal for entertaining, a guest suite, or hobbies. Relax outdoors on the covered patio or enjoy the fenced backyard with room for pets, gardening, or gatherings. With low Washington County taxes and a location just over a mile from I-79, commuting to shopping, dining, parks, and area attractions is a breeze. Whether you're seeking a starter home or your next investment, this property provides "move-in-ready" appeal and space to grow.

21. 2025-10-13
    status Pending 931-char remark

    Show marketing remark (931 chars)

    Welcome to 415 North Ave—a charming ranch space, comfort, and versatility in a prime Houston location. This property has some functional updates but needs cosmetic. The property features a double fenced-in lot, metal roof (2023/2024), All 3 upstairs bedrooms w/ ample closet space, while the master suite provides added privacy, a bath and vanity changing area. The flexible downstairs space includes a finished office/game room, a full kitchen, dining area, & bath—ideal for entertaining, a guest suite, or hobbies. Relax outdoors on the covered patio or enjoy the fenced backyard with room for pets, gardening, or gatherings. With low Washington County taxes and a location just over a mile from I-79, commuting to shopping, dining, parks, and area attractions is a breeze. Whether you're seeking a starter home or your next investment, this property provides "move-in-ready" appeal and space to grow.

22. 2025-09-11
    price $160,000 931-char remark

    Show marketing remark (931 chars)

    Welcome to 415 North Ave—a charming ranch space, comfort, and versatility in a prime Houston location. This property has some functional updates but needs cosmetic. The property features a double fenced-in lot, metal roof (2023/2024), All 3 upstairs bedrooms w/ ample closet space, while the master suite provides added privacy, a bath and vanity changing area. The flexible downstairs space includes a finished office/game room, a full kitchen, dining area, & bath—ideal for entertaining, a guest suite, or hobbies. Relax outdoors on the covered patio or enjoy the fenced backyard with room for pets, gardening, or gatherings. With low Washington County taxes and a location just over a mile from I-79, commuting to shopping, dining, parks, and area attractions is a breeze. Whether you're seeking a starter home or your next investment, this property provides "move-in-ready" appeal and space to grow.

23. 2025-09-09
    listed $135,000 Active 931-char remark

    Show marketing remark (931 chars)

    Welcome to 415 North Ave—a charming ranch space, comfort, and versatility in a prime Houston location. This property has some functional updates but needs cosmetic. The property features a double fenced-in lot, metal roof (2023/2024), All 3 upstairs bedrooms w/ ample closet space, while the master suite provides added privacy, a bath and vanity changing area. The flexible downstairs space includes a finished office/game room, a full kitchen, dining area, & bath—ideal for entertaining, a guest suite, or hobbies. Relax outdoors on the covered patio or enjoy the fenced backyard with room for pets, gardening, or gatherings. With low Washington County taxes and a location just over a mile from I-79, commuting to shopping, dining, parks, and area attractions is a breeze. Whether you're seeking a starter home or your next investment, this property provides "move-in-ready" appeal and space to grow.

ⓘ 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: $1,424 · $119/mo
• Projected year-2 tax: $1,818 · $151/mo
• Expected delta: +$394/yr (+$33/mo · 27.7%)

ⓘ 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 3/10 Moderate 7 d/yr ≥95°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,664
• − Mortgage interest: −$7,842
• − Property taxes: −$1,424
• − Insurance: −$700
• − Repairs & maintenance: −$1,893
• − Management: −$1,893
• − Depreciation: −$4,073
• Taxable income: $5,839
• Est. tax owed @ 24.0%: −$1,401
• After-tax cash flow: $6,360/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: Chartiers-Houston SD
• NCES district ID: 4205730
• Math proficiency: 40% ▼ -10.00%
• Reading proficiency: 68% ▼ -4.00%
• Median HH income: $56,103
• Composite: 46.57/100
• National rank: #2426
• State rank: #125 of 539 in PA

Livability — Midland

• Score: 70/100
• State rank: #770
• US rank: #7732

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Midland, PA
• City population: 4,070
• Population (ZIP): 5,110

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 (91%)
• Race & ethnicity: White 91% Two or more races 5% Black 3% Hispanic / Latino 2%
• Common ancestry: Romanian 6% Serbian 3% Scotch-Irish 2%
• Foreign-born: 2% · Canada, Dominican Republic
• Languages at home: 97% English-only · Spanish 1% Russian/Polish/Slavic 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: ▼ -19.13%
• Current HPI: 234.3104
• 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

+3.7% since first listed

8 events — show timeline

• 2026-05-12 Pending — West Penn MLS
• 2026-04-11 Relisted — West Penn MLS
• 2026-04-02 Contingent — West Penn MLS
• 2025-11-20 Relisted — West Penn MLS
• 2025-11-20 Price Changed $140,000 West Penn MLS
• 2025-10-13 Pending — West Penn MLS
• 2025-09-11 Price Changed $160,000 West Penn MLS
• 2025-09-09 Listed $135,000 West Penn MLS

Property tax history

+0.6%/yr

Latest (2026): $1,424 · +5.1% YoY. Source: county tax records.