1015-1017 Walnut St · Sunbury, PA 17801

$174,500

6 bd · 2.0 ba · 2,016 sqft · MultiFamily · 37 Days on market

Built 1971 Fair condition 3,484 sqft lot $87/sqft · 41% above area Est $124k · 41% over

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.8/5.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Looking to expand your investment portfolio? Take a look at this fully rented double in Sunbury. Property has off street parking in the back, has been well maintained, and code inspection was just done. Allow 24-48 hours for all showings. Send pre-approval or proof of funds when scheduling. Photos are from when 1017 was being renovated. Call Kristine Horten 570-898-4977 or Heidi Dunigan 570-850-8651 to schedule your showing. Square footage taken from Northumberland County Assessment Office.

Key facts

• 3,484 sq ft lot
• 2 parking spots
• Built 1971

Property features AI

Finance

• Financial info: Annual tax amount available (not included per instructions)

Exterior

• Parking: 2 parking spaces
• Utilities: Public water; Public sewer
• Home design: Residential income property; Multi-unit
• Construction: Vinyl siding, frame, and stone exterior; No foundation details provided
• Exterior features: Metal roof; Sidewalks

Interior

• Kitchen: Range
• Bathrooms: 1 full bathroom; 1 three-quarter bathroom
• Heating & cooling: Heating present
• Interior features: Range; Water heater; Unfinished block basement

What this means for you Summary

Snapshot

• This is a 2 × 3-bed/1.0-bath units multifamily listed at $174k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $913 ($11k/yr) — positive. Per door: $457/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $174k).
• Recommended offer: $169k (3.0% below list) — sets the bar for market timing.
• Cap rate 13.0% vs local median 7.1% in Sunbury — 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 76/100 on livability (#374 in PA, #3,298 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools C-, amenities F, commute F.
• Shikellamy SD (town): math 33% / reading 47% proficiency, ranked #362 of 539 in PA (top 67%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 43 active listings in the ZIP; 81 units permitted in Northumberland County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Northumberland County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $49k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($169k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y 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 $130k; 35% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo.
• Climate carrying-cost: severe flood risk; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,265 (3.0% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
5. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
6. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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.
9. 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.
10. 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: 1.58% ✓
• Cap rate: 12.96%
• Cash-on-cash: 23.80%
• DSCR: 2.06
• GRM: 5.3

CMA / ARV

• ARV (median comp): $123,698
• List price: $174,500
• Delta: 41.07%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
521-523 Walnut St	0.20mi	6/2.0	2,016 (0%)	16mo	$160,000	$79	77
1058-1060 Miller St	0.12mi	5/2.0 (-1)	2,112 (+5%)	17mo	$58,000	$27	67
316-318 Linden St	0.42mi	6/3.0	2,100 (+4%)	6mo	$165,000	$79	65
877-879 S 2nd St	0.73mi	6/—	2,184 (+8%)	10mo	$68,500	$31	43
873-875 S Second St	0.73mi	6/2.0	2,184 (+8%)	21mo	$120,000	$55	34
208-210 Speece Ave	0.66mi	6/2.0	2,250 (+12%)	24mo	$145,000	$64	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: 15.3%
• Equity multiple: 1.61×
• Total profit: $29,974
• Equity at exit: $26,019

10-year hold

• IRR: 24.0%
• Equity multiple: 3.07×
• Total profit: $101,318
• Equity at exit: $15,088

Cash invested: $48,860 (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 17801

• Home prices YoY: -18.4%
• Active inventory: 43
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $2,753 medium
• Mortgage (P&I): −$915
• Tax est. 1.5%: −$218 /mo · $2,618/yr
• Insurance: −$73
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$578
• Net cashflow: $913

Break-even live

Break-even rent $1,597

Max offer price $174,500

Occupancy floor 62%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	3	1	$2,752
Total (2 units)			$2,753

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: $43,625
• Closing costs: $5,235
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-13
   status $174,500 Pending 37 DOM
2. 2026-06-12
   days on market $174,500 Active 37 DOM
3. 2026-06-09
   days on market $174,500 Active 34 DOM
4. 2026-06-08
   days on market $174,500 Active 33 DOM
5. 2026-06-07
   days on market $174,500 Active 32 DOM
6. 2026-06-05
   days on market $174,500 Active 29 DOM
7. 2026-06-02
   days on market $174,500 Active 27 DOM
8. 2026-06-01
   days on market $174,500 Active 26 DOM
9. 2026-05-31
   days on market $174,500 Active 25 DOM
10. 2026-05-30
    days on market $174,500 Active 24 DOM
11. 2026-05-06
    listed $179,500 Active 236-char remark
12. 2023-09-01
    historical 496-char remark

    Show marketing remark (496 chars)

    Looking to expand your investment portfolio? Take a look at this fully rented double in Sunbury. Property has off street parking in the back, has been well maintained, and code inspection was just done. Allow 24-48 hours for all showings. Send pre-approval or proof of funds when scheduling. Photos are from when 1017 was being renovated. Call Kristine Horten 570-898-4977 or Heidi Dunigan 570-850-8651 to schedule your showing. Square footage taken from Northumberland County Assessment Office.

13. 2023-08-31
    soldstatus $129,500 Closed 496-char remark

    Show marketing remark (496 chars)

    Looking to expand your investment portfolio? Take a look at this fully rented double in Sunbury. Property has off street parking in the back, has been well maintained, and code inspection was just done. Allow 24-48 hours for all showings. Send pre-approval or proof of funds when scheduling. Photos are from when 1017 was being renovated. Call Kristine Horten 570-898-4977 or Heidi Dunigan 570-850-8651 to schedule your showing. Square footage taken from Northumberland County Assessment Office.

14. 2023-08-27
    historical Active Under Contract 496-char remark

    Show marketing remark (496 chars)

    Looking to expand your investment portfolio? Take a look at this fully rented double in Sunbury. Property has off street parking in the back, has been well maintained, and code inspection was just done. Allow 24-48 hours for all showings. Send pre-approval or proof of funds when scheduling. Photos are from when 1017 was being renovated. Call Kristine Horten 570-898-4977 or Heidi Dunigan 570-850-8651 to schedule your showing. Square footage taken from Northumberland County Assessment Office.

15. 2023-08-13
    historical 496-char remark

    Show marketing remark (496 chars)

    Looking to expand your investment portfolio? Take a look at this fully rented double in Sunbury. Property has off street parking in the back, has been well maintained, and code inspection was just done. Allow 24-48 hours for all showings. Send pre-approval or proof of funds when scheduling. Photos are from when 1017 was being renovated. Call Kristine Horten 570-898-4977 or Heidi Dunigan 570-850-8651 to schedule your showing. Square footage taken from Northumberland County Assessment Office.

16. 2023-07-14
    historical Active Under Contract 496-char remark

    Show marketing remark (496 chars)

    Looking to expand your investment portfolio? Take a look at this fully rented double in Sunbury. Property has off street parking in the back, has been well maintained, and code inspection was just done. Allow 24-48 hours for all showings. Send pre-approval or proof of funds when scheduling. Photos are from when 1017 was being renovated. Call Kristine Horten 570-898-4977 or Heidi Dunigan 570-850-8651 to schedule your showing. Square footage taken from Northumberland County Assessment Office.

17. 2023-07-07
    listed $129,500 Active 496-char remark

    Show marketing remark (496 chars)

    Looking to expand your investment portfolio? Take a look at this fully rented double in Sunbury. Property has off street parking in the back, has been well maintained, and code inspection was just done. Allow 24-48 hours for all showings. Send pre-approval or proof of funds when scheduling. Photos are from when 1017 was being renovated. Call Kristine Horten 570-898-4977 or Heidi Dunigan 570-850-8651 to schedule your showing. Square footage taken from Northumberland County Assessment Office.

ⓘ 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 9/10 Extreme FEMA zone X (shaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥97°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $33,036
• − Mortgage interest: −$9,775
• − Property taxes: −$2,618
• − Insurance: −$1,539
• − Repairs & maintenance: −$2,643
• − Management: −$2,643
• − Depreciation: −$5,076
• Taxable income: $8,743
• Est. tax owed @ 24.0%: −$2,098
• After-tax cash flow: $8,863/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.

Condition & rehab AI · 6 photos

Fair 45/100 Moderate rehab

This multi-family property requires significant exterior repairs and landscaping to improve its curb appeal and value. Immediate attention to the roof and siding is critical.

Repairs flagged

• Major roof — Significant wear and tear visible on the roof
• Major exterior siding — Weathered and peeling siding, indicating structural issues
• Major landscaping — Overgrown and unkempt lawn and landscaping

Value-add opportunities

• Both repair and paint the exterior — Improving the exterior appearance will attract more tenants and buyers
• Both landscaping and yard maintenance — A well-maintained yard can increase the property's curb appeal and value

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · Significant wear and tear visible on the roof	Major	$15,000–50,000
exterior siding · Weathered and peeling siding, indicating structural issues	Major	$15,000–50,000
landscaping · Overgrown and unkempt lawn and landscaping	Major	$15,000–50,000
Total estimated repair cost · 3 items		$45,000–150,000

Value-add ROI direction

• Both repair and paint the exterior — Improving the exterior appearance will attract more tenants and buyers ↑
• Both landscaping and yard maintenance — A well-maintained yard can increase the property's curb appeal and value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Shikellamy SD
• NCES district ID: 4221540
• Math proficiency: 33% ▼ -8.00%
• Reading proficiency: 47% ▼ -12.00%
• Median HH income: $41,227
• Composite: 33.6/100
• National rank: #5415
• State rank: #362 of 539 in PA

Livability — Sunbury

• Score: 76/100
• State rank: #374
• US rank: #3298

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sunbury, PA
• Population (ZIP): 16,229

Population outlook (Northumberland County) Hauer SSP2

• Today (2025): 90,896 people
• By 2030: 89,084 · -2.0%
• By 2040: 84,822 · -6.7%
• By 2050: 80,521 · -11.4%
• By 2075: 72,152 · -20.6%
• By 2100: 62,257 · -31.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 6% Two or more races 5% Black 2%
• Hispanic origin (detail): Puerto Rican 5%
• Common ancestry: Romanian 3% Polish 3% Iranian 3%
• Foreign-born: 0%
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Northumberland

• 2024 margin: Solid R (+39.9) · D 29.6% · R 69.5%
• 2008→2024 swing: -26.1pp toward R · 2008: -13.8pp · 2024: -39.9pp
• All cycles: 2024: R+39.9 2020: R+38.5 2016: R+43.6 2012: R+19.4 2008: R+13.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -35.78%
• Current HPI: 158.7449
• 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

+34.7% since first listed

9 events — show timeline

• 2026-06-12 Pending — CSVBR
• 2026-05-25 Price Changed $174,500 CSVBR
• 2026-05-06 Listed $179,500 CSVBR
• 2023-09-01 Delisted — CSVBR
• 2023-08-31 Sold (MLS) $129,500 CSVBR
• 2023-08-27 Contingent — CSVBR
• 2023-08-13 Delisted — CSVBR
• 2023-07-14 Contingent — CSVBR
• 2023-07-07 Listed $129,500 CSVBR