148/150 W Midland Ave · Midland, PA 15059

$75,000

2 bd · 1.0 ba · 840 sqft · SingleFamily public records · 111 Days on market

Built 1916 1,742 sqft lot

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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 +29.5/30.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +7.3/10.0
• Appreciation +7.1/10.0
• Schools +4.5/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Outstanding investment opportunity! This is a side-by-side duplex , one of two units is currently occupied, providing immediate rental income. The other unit (148) needs TLC and is a great value add opportunity for additional cash flow. Every unit is individually deeded and has its own utility services. This is a fantastic chance to rapidly expand your investment portfolio. Conveniently located just 15 minutes from the Shell Cracker Plant.

Key facts

• Individually deeded
• Own utility services
• Side by side duplex

Tags

• SIDE BY SIDE DUPLEX
• IMMEDIATE RENTAL INCOME
• INDIVIDUALLY DEEDED
• OWN UTILITY SERVICES
• CONVENIENTLY LOCATED

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $268 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($923 rent vs $75k).
• Recommended offer: $68k (9.0% 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.
• Midland Borough SD (town): math 40% / reading 65% proficiency, ranked #400 of 658 in PA (top 61%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 14 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); 272 units permitted in Beaver County in 2024 (80 in 5+ unit buildings).
• This rent is only 17% of the median local income ($66k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• In year one you build about $4k of equity ($519 loan paydown + $3k appreciation (4.3% local appreciation)).
• Beaver County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (4.3% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 111 days — a 9% lower offer ($68k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 8y 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.

Risks & watch-outs

• Watch-outs: built in 1916 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $68,250 (9.0% below list)

Questions for the listing agent

1. It's been on market 111 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1916 — 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: 1.23% ✓
• Cap rate: 10.57%
• Cash-on-cash: 15.29%
• DSCR: 1.68
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $16,800
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
85 Midland Ave	0.08mi	2/1.5	840 (0%)	2mo	$10,500	$13	93
415 Virginia Ave	0.58mi	2/1.0	768 (-9%)	17mo	$15,000	$20	44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.29% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 24.6%
• Equity multiple: 2.49×
• Total profit: $31,288
• Equity at exit: $39,290

10-year hold

• IRR: 24.3%
• Equity multiple: 4.88×
• Total profit: $81,376
• Equity at exit: $65,293

Cash invested: $21,000 (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 15059

• Home prices YoY: 1.8%
• Active inventory: 14
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $923 high
• Mortgage (P&I): −$393
• Tax from tax record: −$37 /mo · $444/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$194
• Net cashflow: $268

Break-even live

Break-even rent $584

Max offer price $75,000

Occupancy floor 66%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16 Midland Heights Cir Unit MHH-16A Midland, PA	3.0	1.0	911	$995	$1.09	1d	1	0.28mi
13 Midland Heights Cir Unit MHH-13D Midland, PA	2.0	1.0	715	$895	$1.25	10d	1	0.32mi
07 Midland Heights Cir Unit MHH-07E Midland, PA	3.0	1.0	911	$995	$1.09	43d	1	0.33mi
03 Midland Heights Cir Unit MHH-03F Midland, PA	2.0	1.0	715	$795	$1.11	21d	1	0.34mi
22 Midland Heights Cir Unit MHH-22A Midland, PA	2.0	1.0	715	$895	$1.25	1d	1	0.35mi
5 Midland Heights Cir Unit MHH-05B Midland, PA	2.0	1.0	715	$695	$0.97	19d	1	0.35mi
5 Midland Heights Cir Unit MHH-05A Midland, PA	2.0	1.0	715	$795	$1.11	21d	1	0.35mi
100 Midland Heights Cir Midland, PA	2.0–4.0	1.0	945	$795	$0.84	1d	9	0.35mi
23 Midland Heights Cir Unit MHH-23A Midland, PA	3.0	1.0	911	$1,050	$1.15	1d	1	0.36mi
23 Midland Heights Cir Unit MHH-23B Midland, PA	3.0	1.0	911	$1,050	$1.15	21d	1	0.36mi
66 Midland Heights Cir Unit MHH-66B Midland, PA	2.0	1.0	715	$895	$1.25	43d	1	0.38mi
38 Midland Heights Cir Unit MHH-38C Midland, PA	2.0	1.0	715	$895	$1.25	1d	1	0.43mi
58 Midland Heights Cir Unit MHH-58B Midland, PA	3.0	1.0	911	$1,050	$1.15	14d	1	0.47mi
50 Midland Heights Cir Unit MHH-50B Midland, PA	2.0	1.0	715	$895	$1.25	7d	1	0.52mi
51 Midland Heights Cir Unit MHH-51C Midland, PA	2.0	1.0	715	$795	$1.11	10d	1	0.52mi
1069 Midland Ave Midland, PA	2.0	1.0	800	$950	$1.19	1d	1	1.13mi

Listing history 36 events

1. 2026-06-18
   days on market $75,000 Active 111 DOM
2. 2026-06-17
   days on market $75,000 Active 110 DOM
3. 2026-06-16
   days on market $75,000 Active 109 DOM
4. 2026-06-15
   days on market $75,000 Active 108 DOM
5. 2026-06-13
   days on market $75,000 Active 106 DOM
6. 2026-06-09
   days on market $75,000 Active 102 DOM
7. 2026-06-08
   days on market $75,000 Active 101 DOM
8. 2026-06-07
   days on market $75,000 Active 100 DOM
9. 2026-06-03
   days on market $75,000 Active 96 DOM
10. 2026-06-02
    days on market $75,000 Active 95 DOM
11. 2026-06-01
    days on market $75,000 Active 94 DOM
12. 2026-05-31
    days on market $75,000 Active 93 DOM
13. 2026-02-27
    listed $75,000 Active 443-char remark

    Show marketing remark (443 chars)

    Outstanding investment opportunity! This is a side-by-side duplex , one of two units is currently occupied, providing immediate rental income. The other unit (148) needs TLC and is a great value add opportunity for additional cash flow. Every unit is individually deeded and has its own utility services. This is a fantastic chance to rapidly expand your investment portfolio. Conveniently located just 15 minutes from the Shell Cracker Plant.

14. 2023-10-18
    soldstatus $190,000
15. 2023-10-10
    soldstatus $63,333 Closed 567-char remark

    Show marketing remark (567 chars)

    Excellent investment opportunity! Side-by-side duplexes. Six units in 3 buildings sold together as a bundle, all on the same street. 6 of the 6 units are currently rented. Each unit is two bedrooms, one-bath home with laundry hookups in each unit. Utilities are separate for each side. Tenants pay for gas and electricity. The owner covers water and sewer. Incredible opportunity to build your investment portfolio quickly. $222,000 listing price for all 6 units. Each unit is separately deeded and has its own utilities. Just 15 minutes from the Shell Cracker plant.

16. 2023-09-18
    status Pending 567-char remark

    Show marketing remark (567 chars)

    Excellent investment opportunity! Side-by-side duplexes. Six units in 3 buildings sold together as a bundle, all on the same street. 6 of the 6 units are currently rented. Each unit is two bedrooms, one-bath home with laundry hookups in each unit. Utilities are separate for each side. Tenants pay for gas and electricity. The owner covers water and sewer. Incredible opportunity to build your investment portfolio quickly. $222,000 listing price for all 6 units. Each unit is separately deeded and has its own utilities. Just 15 minutes from the Shell Cracker plant.

17. 2023-09-07
    price $69,900 567-char remark

    Show marketing remark (567 chars)

    Excellent investment opportunity! Side-by-side duplexes. Six units in 3 buildings sold together as a bundle, all on the same street. 6 of the 6 units are currently rented. Each unit is two bedrooms, one-bath home with laundry hookups in each unit. Utilities are separate for each side. Tenants pay for gas and electricity. The owner covers water and sewer. Incredible opportunity to build your investment portfolio quickly. $222,000 listing price for all 6 units. Each unit is separately deeded and has its own utilities. Just 15 minutes from the Shell Cracker plant.

18. 2023-07-18
    status Active 567-char remark

    Show marketing remark (567 chars)

    Excellent investment opportunity! Side-by-side duplexes. Six units in 3 buildings sold together as a bundle, all on the same street. 6 of the 6 units are currently rented. Each unit is two bedrooms, one-bath home with laundry hookups in each unit. Utilities are separate for each side. Tenants pay for gas and electricity. The owner covers water and sewer. Incredible opportunity to build your investment portfolio quickly. $222,000 listing price for all 6 units. Each unit is separately deeded and has its own utilities. Just 15 minutes from the Shell Cracker plant.

19. 2023-07-05
    historical Contingent 567-char remark

    Show marketing remark (567 chars)

    Excellent investment opportunity! Side-by-side duplexes. Six units in 3 buildings sold together as a bundle, all on the same street. 6 of the 6 units are currently rented. Each unit is two bedrooms, one-bath home with laundry hookups in each unit. Utilities are separate for each side. Tenants pay for gas and electricity. The owner covers water and sewer. Incredible opportunity to build your investment portfolio quickly. $222,000 listing price for all 6 units. Each unit is separately deeded and has its own utilities. Just 15 minutes from the Shell Cracker plant.

20. 2023-06-22
    price $74,000 567-char remark

    Show marketing remark (567 chars)

    Excellent investment opportunity! Side-by-side duplexes. Six units in 3 buildings sold together as a bundle, all on the same street. 6 of the 6 units are currently rented. Each unit is two bedrooms, one-bath home with laundry hookups in each unit. Utilities are separate for each side. Tenants pay for gas and electricity. The owner covers water and sewer. Incredible opportunity to build your investment portfolio quickly. $222,000 listing price for all 6 units. Each unit is separately deeded and has its own utilities. Just 15 minutes from the Shell Cracker plant.

21. 2023-05-30
    listed $80,000 Active 567-char remark

    Show marketing remark (567 chars)

    Excellent investment opportunity! Side-by-side duplexes. Six units in 3 buildings sold together as a bundle, all on the same street. 6 of the 6 units are currently rented. Each unit is two bedrooms, one-bath home with laundry hookups in each unit. Utilities are separate for each side. Tenants pay for gas and electricity. The owner covers water and sewer. Incredible opportunity to build your investment portfolio quickly. $222,000 listing price for all 6 units. Each unit is separately deeded and has its own utilities. Just 15 minutes from the Shell Cracker plant.

22. 2021-02-12
    soldstatus $70,000 Closed
23. 2021-02-08
    status Pending
24. 2020-10-02
    historical Contingent
25. 2020-09-28
    status Active
26. 2020-09-26
    historical Contingent
27. 2020-09-22
    listed $79,900 Active
28. 2019-06-17
    status Under Contract
29. 2019-06-17
    soldstatus $58,000 Sold
30. 2019-05-12
    historical Contingent
31. 2019-05-07
    price $60,000
32. 2019-04-13
    listed $68,000 Active
33. 2018-12-11
    soldstatus $55,000
34. 2018-11-30
    soldstatus $55,000 Sold
35. 2018-11-04
    historical Contingent
36. 2018-10-31
    listed $59,900 Active

ⓘ 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: $444 · $37/mo
• Projected year-2 tax: $815 · $68/mo
• Expected delta: +$370/yr (+$31/mo · 83.4%)

ⓘ 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 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 3 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,075
• − Mortgage interest: −$4,201
• − Property taxes: −$444
• − Insurance: −$375
• − Repairs & maintenance: −$886
• − Management: −$886
• − Depreciation: −$2,182
• Taxable income: $2,101
• Est. tax owed @ 24.0%: −$504
• After-tax cash flow: $2,706/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: Midland Borough SD
• NCES district ID: 4215270
• Math proficiency: 40% ▲ 5.00%
• Reading proficiency: 65% ▲ 5.00%
• Median HH income: $28,231
• Composite: 44.65/100
• National rank: #6008
• State rank: #400 of 658 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
• County: Beaver County · 116,001 people
• City population: 4,070
• Metro: Pittsburgh, PA
• Population (ZIP): 4,070
• Household income: $66,231
• Rent vs Own: 34.2% rent · 65.8% own
• Severe rent burden: 43.0

Population outlook (Beaver County) Hauer SSP2

• Today (2025): 164,976 people
• By 2030: 161,449 · -2.1%
• By 2040: 151,752 · -8.0%
• By 2050: 141,155 · -14.4%
• By 2075: 118,142 · -28.4%
• By 2100: 91,740 · -44.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Black 6% Two or more races 4% Hispanic / Latino 1%
• Common ancestry: Romanian 4% Serbian 2% Iranian 1%
• Foreign-born: 1%
• Languages at home: 99% English-only · Russian/Polish/Slavic 1%

Political lean MEDSL · Beaver

• 2024 margin: Strong R (+20.7) · D 39.2% · R 59.9%
• 2008→2024 swing: -17.9pp toward R · 2008: -2.8pp · 2024: -20.7pp
• All cycles: 2024: R+20.7 2020: R+17.7 2016: R+20.1 2012: R+6.6 2008: R+2.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.29%
• Current HPI: 243.9961
• Rent YoY: —
• Metro: Pittsburgh, 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

+25.2% since first listed

24 events — show timeline

• 2026-02-27 Listed $75,000 West Penn MLS
• 2023-10-18 Sold (Public Records) $190,000 Public Records
• 2023-10-10 Sold (MLS) $63,333 West Penn MLS
• 2023-09-18 Pending — West Penn MLS
• 2023-09-07 Price Changed $69,900 West Penn MLS
• 2023-07-18 Relisted — West Penn MLS
• 2023-07-05 Contingent — West Penn MLS
• 2023-06-22 Price Changed $74,000 West Penn MLS
• 2023-05-30 Listed $80,000 West Penn MLS
• 2021-02-12 Sold (MLS) $70,000 West Penn MLS
• 2021-02-08 Pending — West Penn MLS
• 2020-10-02 Contingent — West Penn MLS
• 2020-09-28 Relisted — West Penn MLS
• 2020-09-26 Contingent — West Penn MLS
• 2020-09-22 Listed $79,900 West Penn MLS
• 2019-06-17 Pending — West Penn MLS
• 2019-06-17 Sold (MLS) $58,000 West Penn MLS
• 2019-05-12 Contingent — West Penn MLS
• 2019-05-07 Price Changed $60,000 West Penn MLS
• 2019-04-13 Listed $68,000 West Penn MLS
• 2018-12-11 Sold (Public Records) $55,000 Public Records
• 2018-11-30 Sold (MLS) $55,000 West Penn MLS
• 2018-11-04 Contingent — West Penn MLS
• 2018-10-31 Listed $59,900 West Penn MLS

Property tax history

-1.0%/yr

Latest (2026): $444 · +0.0% YoY. Source: county tax records.