1615 Polk St · Aliquippa, PA 15001

$132,000

3 bd · 1.0 ba · 1,008 sqft · SingleFamily public records · 108 Days on market

Built 1936 8,712 sqft lot $131/sqft · at area comps Est $133k · at est.

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Why this score? — see what drove the D 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 +16.2/30.0
• ARV discount +7.9/15.0
• DSCR +5.0/10.0
• 1% rule +4.6/10.0
• Livability +4.0/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Opportunity, space, and versatility come together in this one-and-a-half story home offering three bedrooms and two full baths. With a flexible layout that includes a convenient main-level bedroom, the home provides comfortable everyday living with room to make it your own. The main level features distinct living and dining areas that offer great flow for gatherings or quiet evenings at home. Downstairs, the finished basement adds valuable bonus space—perfect for a game room, hobby area, workshop, or additional living space—along with two separate storage rooms to keep everything organized. Outside is where this property truly stands out. Situated on a generous double lot, there is ample room for gardening, outdoor entertaining, pets, or simply enjoying the extra outdoor space. Car enthusiasts, hobbyists, or anyone needing additional storage will appreciate the two oversized detached garages, each equipped with automatic openers and offering excellent space for vehicles, tools, equipment, or recreational gear. Being sold as part of an estate and offered as-is, this property presents a great opportunity for buyers looking to bring their own updates and vision while taking advantage of the space, garage capacity, and unique features that are increasingly difficult to find.

Key facts

• Main level bedroom
• Double lot
• Finished basement

Tags

• MAIN LEVEL BEDROOM
• FINISHED BASEMENT
• DOUBLE LOT
• TWO OVERSIZED DETACHED GARAGES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $132k.

Deal economics

• At list price, monthly cash flow is $70 ($836/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $127k (3.8% below list).
• Recommended offer: $120k (9.0% below list) — sets the bar for market timing.
• Cap rate 6.9% vs local median 4.3% in Aliquippa — 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 80/100 on livability (#216 in PA, #1,891 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities F, employment F.
• Aliquippa SD (suburban): math 4% / reading 19% proficiency, ranked #530 of 539 in PA (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Aliquippa El Sch (math 2% / reading 15%, grade F, #1,458 of 1,518 statewide, top 96%, 474 students, 86% FRL); Aliquippa Jshs (math 8% / reading 22%, grade F, #407 of 437 statewide, top 94%, 474 students, 88% FRL).
• Market conditions: Rents rising (+2.0%/yr); 127 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); 272 units permitted in Beaver County in 2024 (80 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $913 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Beaver County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 108 days — a 9% lower offer ($120k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $7k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $14k; list at $132k implies a 843% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1936 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $120,120 (9.0% below list)

Questions for the listing agent

1. It's been on market 108 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 1936 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.96% ✗
• Cap rate: 6.93%
• Cash-on-cash: 2.26%
• DSCR: 1.10
• GRM: 8.7

CMA / ARV

• ARV (median comp): $133,212
• List price: $132,000
• Delta: -0.91%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
411 Penn Ave	0.08mi	3/2.0	1,019 (+1%)	10mo	$103,000	$101	82
1628 Filmore St	0.11mi	3/1.5	1,084 (+8%)	1mo	$174,950	$161	80
1586 Jackson St	0.17mi	3/1.0	1,075 (+7%)	8mo	$146,500	$136	74
1631 Mcminn St	0.33mi	2/2.0 (-1)	1,032 (+2%)	2mo	$145,000	$141	70
2116 Mcminn St	0.65mi	3/1.0	994 (-1%)	1mo	$119,000	$120	67
1716 Filmore St	0.18mi	4/1.5 (+1)	1,122 (+11%)	8mo	$209,900	$187	59
104 Grand Ave	0.24mi	2/2.0 (-1)	884 (-12%)	5mo	$138,000	$156	55
1823 Davidson St	0.44mi	2/2.0 (-1)	960 (-5%)	12mo	$53,000	$55	53
1612 Main St	0.35mi	2/1.0 (-1)	1,152 (+14%)	5mo	$89,000	$77	51
306 Pine Dr	0.63mi	3/1.5	1,080 (+7%)	13mo	$195,000	$181	46
2013 Davidson St	0.52mi	2/2.0 (-1)	882 (-12%)	2mo	$120,000	$136	44
1909 Main St	0.54mi	4/2.0 (+1)	1,120 (+11%)	7mo	$170,000	$152	42

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 · 2.05% rent growth · sell at horizon

5-year hold

• IRR: -13.8%
• Equity multiple: 0.51×
• Total profit: $-18,121
• Equity at exit: $19,682

10-year hold

• IRR: -6.5%
• Equity multiple: 0.60×
• Total profit: $-14,773
• Equity at exit: $11,413

Cash invested: $36,960 (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 15001

• Home prices YoY: -20.8%
• Rents YoY: 2.0%
• Active inventory: 127
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,269 high
• Mortgage (P&I): −$692
• Tax from tax record: −$186 /mo · $2,230/yr
• Insurance: −$55
• HOA: −$0
• Vacancy / Maint / Mgmt: −$267
• Net cashflow: $70

Break-even live

Break-even rent $1,181

Max offer price $132,000

Occupancy floor 90%

Sensitivity live

Price	-10% $144	-5% $107	+0% $70	+5% $32	+10% $-5
Rent	-10% $-31	-5% $20	+0% $70	+5% $120	+10% $170
Rate	-1.0pp $136	-0.5pp $103	base $70	+0.5pp $35	+1.0pp $1

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: $33,000
• Closing costs: $3,960
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1620 Polk St Aliquippa, PA	3.0	1.0	1124	$1,045	$0.93	3d	1	0.02mi
1108 Main St Aliquippa, PA	3.0	1.0	1352	$1,299	$0.96	3d	1	0.65mi
141 Carroll St Aliquippa, PA	2.0	1.0	704	$995	$1.41	3d	1	0.95mi
25 Mount Vernon Dr Aliquippa, PA	2.0	1.0	775	$775	$1.00	14d	1	1.01mi
190 Economy St Aliquippa, PA	2.0	1.0	1285	$1,200	$0.93	3d	1	1.07mi
629 Highland Ave Aliquippa, PA	3.0	1.0	1468	$700	$0.48	45d	1	1.11mi

Listing history 19 events

1. 2026-06-21
   days on market $132,000 Active 108 DOM
2. 2026-06-18
   days on market $132,000 Active 105 DOM
3. 2026-06-17
   days on market $132,000 Active 104 DOM
4. 2026-06-16
   days on market $132,000 Active 103 DOM
5. 2026-06-15
   days on market $132,000 Active 102 DOM
6. 2026-06-13
   days on market $132,000 Active 100 DOM
7. 2026-06-09
   days on market $132,000 Active 96 DOM
8. 2026-06-08
   days on market $132,000 Active 95 DOM
9. 2026-06-07
   days on market $132,000 Active 94 DOM
10. 2026-06-03
    days on market $132,000 Active 90 DOM
11. 2026-06-02
    days on market $132,000 Active 89 DOM
12. 2026-06-01
    days on market $132,000 Active 88 DOM
13. 2026-05-31
    days on market $132,000 Active 87 DOM
14. 2026-05-12
    price $132,000 1303-char remark

    Show marketing remark (1303 chars)

    Opportunity, space, and versatility come together in this one-and-a-half story home offering three bedrooms and two full baths. With a flexible layout that includes a convenient main-level bedroom, the home provides comfortable everyday living with room to make it your own. The main level features distinct living and dining areas that offer great flow for gatherings or quiet evenings at home. Downstairs, the finished basement adds valuable bonus space—perfect for a game room, hobby area, workshop, or additional living space—along with two separate storage rooms to keep everything organized. Outside is where this property truly stands out. Situated on a generous double lot, there is ample room for gardening, outdoor entertaining, pets, or simply enjoying the extra outdoor space. Car enthusiasts, hobbyists, or anyone needing additional storage will appreciate the two oversized detached garages, each equipped with automatic openers and offering excellent space for vehicles, tools, equipment, or recreational gear. Being sold as part of an estate and offered as-is, this property presents a great opportunity for buyers looking to bring their own updates and vision while taking advantage of the space, garage capacity, and unique features that are increasingly difficult to find.

15. 2026-03-05
    listed $139,000 Active 1303-char remark

    Show marketing remark (1303 chars)

    Opportunity, space, and versatility come together in this one-and-a-half story home offering three bedrooms and two full baths. With a flexible layout that includes a convenient main-level bedroom, the home provides comfortable everyday living with room to make it your own. The main level features distinct living and dining areas that offer great flow for gatherings or quiet evenings at home. Downstairs, the finished basement adds valuable bonus space—perfect for a game room, hobby area, workshop, or additional living space—along with two separate storage rooms to keep everything organized. Outside is where this property truly stands out. Situated on a generous double lot, there is ample room for gardening, outdoor entertaining, pets, or simply enjoying the extra outdoor space. Car enthusiasts, hobbyists, or anyone needing additional storage will appreciate the two oversized detached garages, each equipped with automatic openers and offering excellent space for vehicles, tools, equipment, or recreational gear. Being sold as part of an estate and offered as-is, this property presents a great opportunity for buyers looking to bring their own updates and vision while taking advantage of the space, garage capacity, and unique features that are increasingly difficult to find.

16. 2025-10-14
    price $139,000 821-char remark

    Show marketing remark (821 chars)

    This one-and-a-half story home offers three bedrooms and two full baths, including a main-level bedroom for added convenience. Open living room and dining room do provide distinctive gathering areas, while the finished basement expands your options for a game room, hobby space, or workshop. Two additional storage rooms can be found here too! Outside, the covered front porch overlooks a generous double lot—ideal for gardening, entertaining, or simply enjoying extra outdoor space. Two oversized detached garages, each with room for two vehicles and equipped with automatic openers, provide a rare find with four total garage spaces—perfect for car enthusiasts, hobbyists, or additional storage. Offered as part of an estate and being sold as-is, this property is ready for your personal updates and vision.

17. 2025-09-11
    price $142,000 821-char remark

    Show marketing remark (821 chars)

    This one-and-a-half story home offers three bedrooms and two full baths, including a main-level bedroom for added convenience. Open living room and dining room do provide distinctive gathering areas, while the finished basement expands your options for a game room, hobby space, or workshop. Two additional storage rooms can be found here too! Outside, the covered front porch overlooks a generous double lot—ideal for gardening, entertaining, or simply enjoying extra outdoor space. Two oversized detached garages, each with room for two vehicles and equipped with automatic openers, provide a rare find with four total garage spaces—perfect for car enthusiasts, hobbyists, or additional storage. Offered as part of an estate and being sold as-is, this property is ready for your personal updates and vision.

18. 2025-08-18
    listed $147,000 Active 821-char remark

    Show marketing remark (821 chars)

    This one-and-a-half story home offers three bedrooms and two full baths, including a main-level bedroom for added convenience. Open living room and dining room do provide distinctive gathering areas, while the finished basement expands your options for a game room, hobby space, or workshop. Two additional storage rooms can be found here too! Outside, the covered front porch overlooks a generous double lot—ideal for gardening, entertaining, or simply enjoying extra outdoor space. Two oversized detached garages, each with room for two vehicles and equipped with automatic openers, provide a rare find with four total garage spaces—perfect for car enthusiasts, hobbyists, or additional storage. Offered as part of an estate and being sold as-is, this property is ready for your personal updates and vision.

19. 1972-03-01
    soldstatus $14,000

ⓘ 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: $2,230 · $186/mo
• Projected year-2 tax: $2,230 · $186/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 ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,232
• − Mortgage interest: −$7,394
• − Property taxes: −$2,230
• − Insurance: −$660
• − Repairs & maintenance: −$1,219
• − Management: −$1,219
• − Depreciation: −$3,840
• Taxable loss: −$1,329
• Est. tax savings @ 24.0%: +$319
• After-tax cash flow: $1,155/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: Aliquippa SD
• NCES district ID: 4202130
• Math proficiency: 4% ▼ -9.00%
• Reading proficiency: 19% ▼ -10.00%
• Median HH income: $31,613
• Composite: 9.05/100
• National rank: #9874
• State rank: #530 of 539 in PA

Livability — Aliquippa

• Score: 80/100
• State rank: #216
• US rank: #1891

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Aliquippa, PA
• County: Beaver County · 116,001 people
• City population: 31,976
• Metro: Pittsburgh, PA
• Population (ZIP): 31,976
• Household income: $70,985
• Rent vs Own: 24.4% rent · 75.6% own
• Severe rent burden: 720.0

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 (80%)
• Race & ethnicity: White 80% Black 13% Two or more races 5% Hispanic / Latino 2%
• Common ancestry: Romanian 6% Serbian 2% Subsaharan African 2%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Other Indo-European 2% Spanish 1% German/W. Germanic 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: ▼ -65.21%
• Current HPI: 247.7251
• Rent YoY: ▲ 2.05%
• 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

+842.9% since first listed

6 events — show timeline

• 2026-05-12 Price Changed $132,000 West Penn MLS
• 2026-03-05 Listed $139,000 West Penn MLS
• 2025-10-14 Price Changed $139,000 West Penn MLS
• 2025-09-11 Price Changed $142,000 West Penn MLS
• 2025-08-18 Listed $147,000 West Penn MLS
• 1972-03-01 Sold (Public Records) $14,000 Public Records

Property tax history

+1.4%/yr

Latest (2026): $2,230 · -1.3% YoY. Source: county tax records.