438 Coal St · Lehighton, PA 18235

$140,000

3 bd · 1.0 ba · 1,377 sqft · Townhouse public records · 50 Days on market

Built 1912 3,311 sqft lot $102/sqft · 14% below area Est $162k · 14% under

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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 +21.5/30.0
• ARV discount +13.7/15.0
• DSCR +6.9/10.0
• 1% rule +6.0/10.0
• Livability +3.9/5.0
• Schools +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 438 Coal Street in Lehighton—a charming semi-detached home offering comfort, convenience, and small-town appeal. This 3-bedroom, 1-bathroom property is ideal for anyone seeking a cozy residence in an established in-town neighborhood. Inside, you’ll find a functional layout with ample natural light and comfortable living spaces. Step outside to enjoy the rear deck—perfect for relaxing or entertaining—overlooking a private yard that offers space for gardening, play, or pets. A detached one-car garage provides added storage and off-street parking convenience. Situated in a well-established neighborhood, this home offers easy access to local amenities, schools, and parks, making it a great opportunity for homeowners or investors alike. Don’t miss your chance to own a property with both charm and potential in the heart of Lehighton.

Key facts

• Garage
• Built 1912
• Listed 50 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $140k.

Deal economics

• At list price, monthly cash flow is $211 ($3k/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: $136k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 4.7% in Lehighton — 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 77/100 on livability (#321 in PA, #2,848 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, crime A-; Watch: employment D, commute F.
• Lehighton Area SD (suburban): math 32% / reading 50% proficiency, ranked #336 of 539 in PA (top 62%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 139 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 180 units permitted in Carbon County in 2024 (10 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.
• Carbon County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 50 days — a 3% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $90k; list at $140k implies a 56% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1912 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $135,800 (3.0% below list)

Questions for the listing agent

1. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1912 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.10% ✓
• Cap rate: 8.10%
• Cash-on-cash: 6.45%
• DSCR: 1.29
• GRM: 7.6

CMA / ARV

• ARV (median comp): $162,249
• List price: $140,000
• Delta: -13.71%
• 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
215 N 4th St	0.12mi	3/1.5	1,416 (+3%)	6mo	$133,000	$94	82
208 N Third St	0.17mi	3/2.0	1,400 (+2%)	11mo	$205,000	$146	76
336 N 5th St	0.06mi	3/1.5	1,288 (-6%)	12mo	$175,000	$136	74
234 Carbon St	0.30mi	3/1.0	1,420 (+3%)	13mo	$169,000	$119	70
339 N 2nd St	0.26mi	2/1.0 (-1)	1,273 (-8%)	2mo	$128,000	$101	69
522 Iron St	0.39mi	3/1.5	1,322 (-4%)	6mo	$200,000	$151	68
230 Carbon St	0.31mi	4/2.0 (+1)	1,431 (+4%)	5mo	$225,000	$157	66
238 S 2nd St	0.51mi	4/1.0 (+1)	1,368 (-1%)	9mo	$180,000	$132	62
223 N 3rd St	0.19mi	3/2.0	1,535 (+12%)	8mo	$215,000	$140	61
236 S 2nd St	0.51mi	4/2.0 (+1)	1,368 (-1%)	6mo	$115,000	$84	61
337 N 3rd St	0.18mi	2/1.0 (-1)	1,182 (-14%)	14mo	$150,000	$127	51
118 Bridge St	0.70mi	3/1.5	1,308 (-5%)	11mo	$105,000	$80	47

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: -6.3%
• Equity multiple: 0.76×
• Total profit: $-9,229
• Equity at exit: $20,874

10-year hold

• IRR: 3.3%
• Equity multiple: 1.24×
• Total profit: $9,422
• 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 18235

• Home prices YoY: -27.1%
• Active inventory: 139
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,540 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$214 /mo · $2,567/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$323
• Net cashflow: $211

Break-even live

Break-even rent $1,274

Max offer price $140,000

Occupancy floor 81%

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 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
204 N 2nd St Lehighton, PA	3.0	1.0	1000	$1,600	$1.60	2d	1	0.22mi
339 N 2nd St Lehighton, PA	3.0	1.0	1073	$1,700	$1.58	2d	1	0.24mi
206 N 2nd St Lehighton, PA	3.0	1.0	1000	$1,450	$1.45	2d	1	0.25mi
318 Bridge St Unit A Weissport, PA	2.0	1.0	900	$975	$1.08	2d	1	0.80mi

Listing history 7 events

1. 2026-06-02
   status $140,000 Pending 50 DOM
2. 2026-06-01
   days on market $140,000 Active 50 DOM
3. 2026-05-31
   days on market $140,000 Active 49 DOM
4. 2026-05-31
   days on market $140,000 Active 48 DOM
5. 2026-05-14
   price $140,000 880-char remark

   Show marketing remark (880 chars)

   Welcome to 438 Coal Street in Lehighton—a charming semi-detached home offering comfort, convenience, and small-town appeal. This 3-bedroom, 1-bathroom property is ideal for anyone seeking a cozy residence in an established in-town neighborhood. Inside, you’ll find a functional layout with ample natural light and comfortable living spaces. Step outside to enjoy the rear deck—perfect for relaxing or entertaining—overlooking a private yard that offers space for gardening, play, or pets. A detached one-car garage provides added storage and off-street parking convenience. Situated in a well-established neighborhood, this home offers easy access to local amenities, schools, and parks, making it a great opportunity for homeowners or investors alike. Don’t miss your chance to own a property with both charm and potential in the heart of Lehighton.

6. 2026-04-10
   listed $150,000 Active 880-char remark

   Show marketing remark (880 chars)

   Welcome to 438 Coal Street in Lehighton—a charming semi-detached home offering comfort, convenience, and small-town appeal. This 3-bedroom, 1-bathroom property is ideal for anyone seeking a cozy residence in an established in-town neighborhood. Inside, you’ll find a functional layout with ample natural light and comfortable living spaces. Step outside to enjoy the rear deck—perfect for relaxing or entertaining—overlooking a private yard that offers space for gardening, play, or pets. A detached one-car garage provides added storage and off-street parking convenience. Situated in a well-established neighborhood, this home offers easy access to local amenities, schools, and parks, making it a great opportunity for homeowners or investors alike. Don’t miss your chance to own a property with both charm and potential in the heart of Lehighton.

7. 2005-11-03
   soldstatus $90,000

ⓘ 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: $2,567 · $214/mo
• Projected year-2 tax: $2,567 · $214/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 9% 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: $18,485
• − Mortgage interest: −$7,842
• − Property taxes: −$2,567
• − Insurance: −$700
• − Repairs & maintenance: −$1,479
• − Management: −$1,479
• − Depreciation: −$4,073
• Taxable income: $346
• Est. tax owed @ 24.0%: −$83
• After-tax cash flow: $2,443/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: Lehighton Area SD
• NCES district ID: 4213500
• Math proficiency: 32% ▼ -7.00%
• Reading proficiency: 50% ▼ -11.00%
• Median HH income: $51,115
• Composite: 35.36/100
• National rank: #4958
• State rank: #336 of 539 in PA

Livability — Lehighton

• Score: 77/100
• State rank: #321
• US rank: #2848

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lehighton, PA
• Population (ZIP): 19,121

Population outlook (Carbon County) Hauer SSP2

• Today (2025): 61,643 people
• By 2030: 59,840 · -2.9%
• By 2040: 55,413 · -10.1%
• By 2050: 50,843 · -17.5%
• By 2075: 43,326 · -29.7%
• By 2100: 37,126 · -39.8%

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 6% Polish 5% Iranian 3%
• Foreign-born: 2% · Canada, China
• Languages at home: 96% English-only · Spanish 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Carbon

• 2024 margin: Solid R (+34.8) · D 32.2% · R 67.0%
• 2008→2024 swing: -36.7pp toward R · 2008: 1.9pp · 2024: -34.8pp
• All cycles: 2024: R+34.8 2020: R+32.0 2016: R+34.1 2012: R+6.9 2008: D+1.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -69.77%
• Current HPI: 187.4645
• 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

+55.6% since first listed

3 events — show timeline

• 2026-05-14 Price Changed $140,000 GLVRMLS
• 2026-04-10 Listed $150,000 GLVRMLS
• 2005-11-03 Sold (Public Records) $90,000 Public Records

Property tax history

+2.0%/yr

Latest (2026): $2,567 · +2.3% YoY. Source: county tax records.