1911 Delaware Ave · Swissvale, PA 15218

$175,000

4 bd · 2.0 ba · 2,272 sqft · MultiFamily public records · 147 Days on market

Built 1910 6,581 sqft lot Est $264k · 34% 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 +9.4/10.0
• Livability +4.2/5.0
• Rent growth +4.0/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• 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

Income-producing duplex in the heart of Swissvale, perfect for investors or owner-occupants. Each unit features two bedrooms and one bathroom. One unit is occupied by a long-term tenant, offering steady rental income, while the other side provides a great opportunity to either rent the second unit or live on one side & rent the other. Huge level front & backyards, perfect for sunny days and gardening enthusiasts. Plenty of convenient on-street parking. An excellent first investment property with convenient access to Downtown Pittsburgh, major highways, grocery stores, restaurants, and shops.

Key facts

• 6,581 sq ft lot
• 2 parking spots
• Built 1910

Tags

• INCOME PRODUCING DUPLEX
• LEVEL FRONT BACKYARDS
• CONVENIENT ON STREET PARKING
• ACCESS TO DOWNTOWN PITTSBURGH

🏷️ Possibly a rental listed for sale. The $175,000 price doesn't fit this home's estimated sale value (~$263,500) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1.0-bath units multifamily listed at $175k.

Deal economics

• At list price, monthly cash flow is $781 ($9k/yr) — positive. Per door: $390/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $175k).
• Recommended offer: $154k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.6% vs local median 6.3% in Swissvale — 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 84/100 on livability (#95 in PA, #694 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: crime C-, amenities D+.
• Woodland Hills SD (suburban): math 13% / reading 30% proficiency, ranked #486 of 539 in PA (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+6.0%/yr); 78 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 71% of comp listings sitting > 30 days — soft ceiling on asking rent; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
• This rent runs 45% of the median local income ($68k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.
• At projected returns (-3.0% appreciation + 6.0% 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 147 days — a 12% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 26y ago; this cycle's ask has dropped $45k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $68k; list at $175k implies a 156% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $154,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 147 days. Have you received any prior offers? Is the seller open to a 12% 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. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
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: 1.44% ✓
• Cap rate: 11.65%
• Cash-on-cash: 19.12%
• DSCR: 1.85
• GRM: 5.8

CMA / ARV

• ARV (median comp): $263,500
• List price: $175,000
• Delta: -33.59%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 6.02% rent growth · sell at horizon

5-year hold

• IRR: 14.4%
• Equity multiple: 1.60×
• Total profit: $29,321
• Equity at exit: $26,093

10-year hold

• IRR: 25.4%
• Equity multiple: 3.54×
• Total profit: $124,238
• Equity at exit: $15,131

Cash invested: $49,000 (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 15218

• Rents YoY: 6.0%
• Active inventory: 78
• Price-to-rent: 11.6×

Monthly cashflow live

• Estimated rent: $2,524 high
• Mortgage (P&I): −$918
• Tax from tax record: −$222 /mo · $2,669/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$530
• Net cashflow: $781

Break-even live

Break-even rent $1,535

Max offer price $175,000

Occupancy floor 64%

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

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$2,524
Total (2 units)			$2,524

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2219 Manor Ave Pittsburgh, PA	3.0	1.0	1638	$1,600	$0.98	23d	1	0.36mi
7009 Church St Pittsburgh, PA	3.0	2.0	1800	$1,550	$0.86	43d	1	0.72mi
745 Franklin Ave Pittsburgh, PA	4.0	2.0	1948	$1,599	$0.82	43d	1	1.02mi
1030 Ross Ave Pittsburgh, PA	4.0	3.5	2856	$2,200	$0.77	1d	1	1.06mi
3 3rd Ave Braddock, PA	5.0	3.0	2500	$3,800	$1.52	43d	1	1.20mi
1148 East St Pittsburgh, PA	3.0	3.0	1738	$1,700	$0.98	43d	1	1.22mi
515 Hill Ave Pittsburgh, PA	4.0	1.0	1628	$1,300	$0.80	43d	1	1.43mi

Listing history 24 events

1. 2026-06-09
   days on market $175,000 Active 147 DOM
2. 2026-06-08
   days on market $175,000 Active 146 DOM
3. 2026-06-07
   days on market $175,000 Active 145 DOM
4. 2026-06-05
   days on market $175,000 Active 142 DOM
5. 2026-06-03
   days on market $175,000 Active 141 DOM
6. 2026-06-02
   days on market $175,000 Active 140 DOM
7. 2026-06-01
   days on market $175,000 Active 139 DOM
8. 2026-05-31
   days on market $175,000 Active 138 DOM
9. 2026-04-27
   price $175,000 610-char remark

   Show marketing remark (610 chars)

   Income-producing duplex in the heart of Swissvale, perfect for investors or owner-occupants. Each unit features two bedrooms and one bathroom. One unit is occupied by a long-term tenant, offering steady rental income, while the other side provides a great opportunity to either rent the second unit or live on one side & rent the other. Huge level front & backyards, perfect for sunny days and gardening enthusiasts. Plenty of convenient on-street parking. An excellent first investment property with convenient access to Downtown Pittsburgh, major highways, grocery stores, restaurants, and shops.

10. 2026-04-15
    price $180,000 610-char remark

    Show marketing remark (610 chars)

    Income-producing duplex in the heart of Swissvale, perfect for investors or owner-occupants. Each unit features two bedrooms and one bathroom. One unit is occupied by a long-term tenant, offering steady rental income, while the other side provides a great opportunity to either rent the second unit or live on one side & rent the other. Huge level front & backyards, perfect for sunny days and gardening enthusiasts. Plenty of convenient on-street parking. An excellent first investment property with convenient access to Downtown Pittsburgh, major highways, grocery stores, restaurants, and shops.

11. 2026-03-25
    price $185,000 610-char remark

    Show marketing remark (610 chars)

    Income-producing duplex in the heart of Swissvale, perfect for investors or owner-occupants. Each unit features two bedrooms and one bathroom. One unit is occupied by a long-term tenant, offering steady rental income, while the other side provides a great opportunity to either rent the second unit or live on one side & rent the other. Huge level front & backyards, perfect for sunny days and gardening enthusiasts. Plenty of convenient on-street parking. An excellent first investment property with convenient access to Downtown Pittsburgh, major highways, grocery stores, restaurants, and shops.

12. 2026-03-12
    price $190,000 610-char remark

    Show marketing remark (610 chars)

    Income-producing duplex in the heart of Swissvale, perfect for investors or owner-occupants. Each unit features two bedrooms and one bathroom. One unit is occupied by a long-term tenant, offering steady rental income, while the other side provides a great opportunity to either rent the second unit or live on one side & rent the other. Huge level front & backyards, perfect for sunny days and gardening enthusiasts. Plenty of convenient on-street parking. An excellent first investment property with convenient access to Downtown Pittsburgh, major highways, grocery stores, restaurants, and shops.

13. 2026-03-12
    status Active 610-char remark

    Show marketing remark (610 chars)

    Income-producing duplex in the heart of Swissvale, perfect for investors or owner-occupants. Each unit features two bedrooms and one bathroom. One unit is occupied by a long-term tenant, offering steady rental income, while the other side provides a great opportunity to either rent the second unit or live on one side & rent the other. Huge level front & backyards, perfect for sunny days and gardening enthusiasts. Plenty of convenient on-street parking. An excellent first investment property with convenient access to Downtown Pittsburgh, major highways, grocery stores, restaurants, and shops.

14. 2026-02-26
    historical Contingent 610-char remark

    Show marketing remark (610 chars)

    Income-producing duplex in the heart of Swissvale, perfect for investors or owner-occupants. Each unit features two bedrooms and one bathroom. One unit is occupied by a long-term tenant, offering steady rental income, while the other side provides a great opportunity to either rent the second unit or live on one side & rent the other. Huge level front & backyards, perfect for sunny days and gardening enthusiasts. Plenty of convenient on-street parking. An excellent first investment property with convenient access to Downtown Pittsburgh, major highways, grocery stores, restaurants, and shops.

15. 2026-02-18
    price $200,000 610-char remark

    Show marketing remark (610 chars)

    Income-producing duplex in the heart of Swissvale, perfect for investors or owner-occupants. Each unit features two bedrooms and one bathroom. One unit is occupied by a long-term tenant, offering steady rental income, while the other side provides a great opportunity to either rent the second unit or live on one side & rent the other. Huge level front & backyards, perfect for sunny days and gardening enthusiasts. Plenty of convenient on-street parking. An excellent first investment property with convenient access to Downtown Pittsburgh, major highways, grocery stores, restaurants, and shops.

16. 2026-02-04
    price $210,000 610-char remark

    Show marketing remark (610 chars)

    Income-producing duplex in the heart of Swissvale, perfect for investors or owner-occupants. Each unit features two bedrooms and one bathroom. One unit is occupied by a long-term tenant, offering steady rental income, while the other side provides a great opportunity to either rent the second unit or live on one side & rent the other. Huge level front & backyards, perfect for sunny days and gardening enthusiasts. Plenty of convenient on-street parking. An excellent first investment property with convenient access to Downtown Pittsburgh, major highways, grocery stores, restaurants, and shops.

17. 2026-01-13
    listed $220,000 Active 610-char remark

    Show marketing remark (610 chars)

    Income-producing duplex in the heart of Swissvale, perfect for investors or owner-occupants. Each unit features two bedrooms and one bathroom. One unit is occupied by a long-term tenant, offering steady rental income, while the other side provides a great opportunity to either rent the second unit or live on one side & rent the other. Huge level front & backyards, perfect for sunny days and gardening enthusiasts. Plenty of convenient on-street parking. An excellent first investment property with convenient access to Downtown Pittsburgh, major highways, grocery stores, restaurants, and shops.

18. 2013-11-05
    soldstatus $68,325
19. 2011-03-22
    listed $69,000 298-char remark

    Show marketing remark (298 chars)

    GREAT DUPLEX. NEWER WINDOWS, LOTS OF UPDATES, ONE NEWER FURNACE, ELEC, INSPECTED, FLAT BACK YD. NEAR BUSLINE & SHOPS. GREAT PRICE. BLDG IS BEING SOLD AS IS. BUYER IS RESPONSIBLE FOR ALL INSPECT SUBJECT TO BANK APP. BLDG IS VAC-RENTS WERE $550 COULD BE HIGHER. COPY OF HM INSPECT CAN BE REVIEW

20. 2010-03-29
    listed $78,900
21. 2000-10-11
    soldstatus $42,400
22. 2000-10-06
    soldstatus $42,400
23. 2000-05-22
    listed $45,900
24. 1983-06-29
    soldstatus $54,500

ⓘ 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: $2,669 · $222/mo
• Projected year-2 tax: $2,717 · $226/mo
• Expected delta: +$48/yr (+$4/mo · 1.8%)

ⓘ 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 · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,288
• − Mortgage interest: −$9,803
• − Property taxes: −$2,669
• − Insurance: −$875
• − Repairs & maintenance: −$2,423
• − Management: −$2,423
• − Depreciation: −$5,091
• Taxable income: $7,004
• Est. tax owed @ 24.0%: −$1,681
• After-tax cash flow: $7,690/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: Woodland Hills SD
• NCES district ID: 4216500
• Math proficiency: 13% ▼ -13.00%
• Reading proficiency: 30% ▼ -10.00%
• Median HH income: $41,803
• Composite: 18.31/100
• National rank: #8954
• State rank: #486 of 539 in PA

Livability — Swissvale

• Score: 84/100
• State rank: #95
• US rank: #694

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Swissvale, PA
• County: Allegheny County · 1,022,028 people
• City population: 13,443
• Metro: Pittsburgh, PA
• Population (ZIP): 13,379
• Household income: $67,960
• Rent vs Own: 43.2% rent · 56.8% own
• Severe rent burden: 605.0

Population outlook (Allegheny County) Hauer SSP2

• Today (2025): 1,250,282 people
• By 2030: 1,256,482 · +0.5%
• By 2040: 1,256,318 · +0.5%
• By 2050: 1,244,169 · -0.5%
• By 2075: 1,197,693 · -4.2%
• By 2100: 1,093,187 · -12.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Black 19% Two or more races 7% Hispanic / Latino 4% Asian 3%
• Common ancestry: Romanian 6% Serbian 2% Lithuanian 2%
• Foreign-born: 6% · Canada, China
• Languages at home: 94% English-only · Spanish 2% Other Indo-European 1% Chinese 1%

Political lean MEDSL · Allegheny

• 2024 margin: Strong D (+20.3) · D 59.7% · R 39.4%
• 2008→2024 swing: +4.8pp toward D · 2008: 15.5pp · 2024: 20.3pp
• All cycles: 2024: D+20.3 2020: D+20.4 2016: D+16.4 2012: D+14.4 2008: D+15.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -188.20%
• Current HPI: 297.8483
• Rent YoY: ▲ 6.02%
• 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

+221.1% since first listed

16 events — show timeline

• 2026-04-27 Price Changed $175,000 West Penn MLS
• 2026-04-15 Price Changed $180,000 West Penn MLS
• 2026-03-25 Price Changed $185,000 West Penn MLS
• 2026-03-12 Price Changed $190,000 West Penn MLS
• 2026-03-12 Relisted — West Penn MLS
• 2026-02-26 Contingent — West Penn MLS
• 2026-02-18 Price Changed $200,000 West Penn MLS
• 2026-02-04 Price Changed $210,000 West Penn MLS
• 2026-01-13 Listed $220,000 West Penn MLS
• 2013-11-05 Sold (Public Records) $68,325 Public Records
• 2011-03-22 Listed $69,000 West Penn MLS
• 2010-03-29 Listed $78,900 West Penn MLS
• 2000-10-11 Sold (Public Records) $42,400 Public Records
• 2000-10-06 Sold (MLS) $42,400 West Penn MLS
• 2000-05-22 Listed $45,900 West Penn MLS
• 1983-06-29 Sold (Public Records) $54,500 Public Records

Property tax history

+2.1%/yr

Latest (2026): $2,669 · +5.6% YoY. Source: county tax records.