913 Chestnut St · Middletown, PA 17057

$139,000

3 bd · 1.5 ba · 1,128 sqft · SingleFamily public records · 45 Days on market

Built 1964 6,534 sqft lot $123/sqft · 38% below area Est $224k · 38% under ↓ 13% since listing

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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 +16.8/30.0
• ARV discount +15.0/15.0
• 1% rule +5.7/10.0
• DSCR +5.2/10.0
• Livability +4.0/5.0
• Schools +3.3/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nestled in the wonderful community of Middletown sits a 3 bedroom and 1.5 bath home that is waiting for it's new owner. The home features over 1100 SF of comfortable living space, new flooring, and a well laid-out floor plan. The new water heater, extra covered patio space, and desirable street are some of the added bonuses to this amazing home. Schedule your showing today and make 913 Chestnut St your new home!

Key facts

• 6,534 sq ft lot
• Built 1964
• Listed 45 days

Property features AI

Finance

• Other: Not eligible for lease consideration
• Financial info: Ownership interest: Land lease; Improvement assessed value reported by assessor
• HOA & community: Land lease: $15 annually; Land lease years remaining: 100; Pets allowed with no restrictions

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer; Electric service; Natural gas available for heating
• Home design: Manufactured home; Aluminum siding; Architectural shingle roof; Block foundation
• Construction: Manufactured structure; Aluminum siding construction; Block foundation; Architectural shingle roof
• Exterior features: Not located in a federal flood zone; Tidal water: none

Interior

• Bedrooms: 3 bedrooms on the main level
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: 90% forced air heating (natural gas); Central air conditioning; Electric hot water
• Interior features: Full basement; Living area measured by assessor

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $139k.

Deal economics

• At list price, monthly cash flow is $90 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $139k).
• Recommended offer: $135k (3.0% below list) — sets the bar for market timing.
• Cap rate 7.1% vs local median 3.1% in Middletown — 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 (#214 in PA, #1,886 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F.
• Middletown Area SD (suburban): math 31% / reading 45% proficiency, ranked #368 of 539 in PA (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Middletown Area Hs (math 72% / reading 10%, grade F, #251 of 437 statewide, top 58%, 747 students, 51% FRL).
• Market conditions: Rents rising (+1.6%/yr); 146 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 540 units permitted in Dauphin County in 2024 (194 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $961 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 45 days — a 3% lower offer ($135k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago; this cycle's ask has dropped $20k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $64k; list at $139k implies a 117% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $134,830 (3.0% below list)

Questions for the listing agent

1. It's been on market 45 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 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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: 1.07% ✓
• Cap rate: 7.07%
• Cash-on-cash: 2.77%
• DSCR: 1.12
• GRM: 7.8

CMA / ARV

• ARV (median comp): $223,971
• List price: $139,000
• Delta: -37.94%
• 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
354 Cypress Dr	0.13mi	3/1.0	1,206 (+7%)	1mo	$181,260	$150	79
126 Birch St	0.28mi	3/1.0	1,148 (+2%)	4mo	$240,000	$209	79
376 Plane St	0.07mi	3/1.0	1,206 (+7%)	5mo	$249,900	$207	79
315 E Roosevelt Ave	0.07mi	3/2.0	1,244 (+10%)	2mo	$230,000	$185	76
738 Adelia St	0.31mi	3/1.0	1,102 (-2%)	6mo	$250,000	$227	74
320 E Roosevelt Ave	0.08mi	4/2.0 (+1)	1,244 (+10%)	1mo	$270,000	$217	71
101 Juniper St	0.39mi	3/1.0	1,206 (+7%)	6mo	$226,000	$187	64
41 E High St	0.47mi	3/2.0	1,176 (+4%)	7mo	$190,000	$162	63
916 N Spring St	0.61mi	3/1.0	1,176 (+4%)	1mo	$254,000	$216	62
2 Caravan Ct	0.31mi	3/2.0	1,008 (-11%)	5mo	$40,000	$40	62
213 Hoffer St	0.64mi	3/1.5	1,084 (-4%)	4mo	$230,000	$212	60
331 E Water St	0.44mi	2/1.0 (-1)	1,296 (+15%)	1mo	$245,000	$189	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 · 1.58% rent growth · sell at horizon

5-year hold

• IRR: -13.7%
• Equity multiple: 0.52×
• Total profit: $-18,805
• Equity at exit: $20,725

10-year hold

• IRR: -7.4%
• Equity multiple: 0.56×
• Total profit: $-16,978
• Equity at exit: $12,018

Cash invested: $38,920 (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 17057

• Home prices YoY: -23.9%
• Rents YoY: 1.6%
• Active inventory: 146
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,491 high
• Mortgage (P&I): −$729
• Tax from tax record: −$301 /mo · $3,615/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$313
• Net cashflow: $90

Break-even live

Break-even rent $1,377

Max offer price $139,000

Occupancy floor 89%

Sensitivity live

Price	-10% $168	-5% $129	+0% $90	+5% $50	+10% $11
Rent	-10% $-28	-5% $31	+0% $90	+5% $149	+10% $208
Rate	-1.0pp $160	-0.5pp $125	base $90	+0.5pp $54	+1.0pp $17

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: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
415 Aspen St Unit 1 Middletown, PA	2.0	1.0	864	$1,495	$1.73	14d	1	0.18mi
105 Woodland Ave Middletown, PA	1.0–2.0	1.0–2.0	996	$1,714	$1.72	14d	9	0.53mi
43 E Main St Apt 4 Middletown, PA	2.0	1.0	1000	$1,195	$1.20	45d	1	0.54mi
1900 Pineford Dr Middletown, PA	1.0–3.0	1.0–2.5	1020	$1,690	$1.66	14d	1	0.72mi
112 Nissley St Unit 2 Middletown, PA	2.0	2.0	1266	$1,350	$1.07	24d	1	0.87mi
144 Wilson St Middletown, PA	3.0	1.0	1120	$1,495	$1.33	24d	1	1.03mi
213 S Union St Apt 1 Middletown, PA	2.0	1.0	780	$1,400	$1.79	14d	1	1.04mi
219 S Union St Unit 2nd Floor Middletown, PA	2.0	1.0	700	$1,250	$1.79	44d	1	1.05mi
219 S Union St Fl REAR Middletown, PA	2.0	1.0	700	$900	$1.29	14d	1	1.05mi
167 Ann St Unit 4 Middletown, PA	2.0	1.0	800	$1,300	$1.62	14d	1	1.07mi

Listing history 29 events

1. 2026-06-18
   days on market $139,000 Active 45 DOM
2. 2026-06-17
   days on market $139,000 Active 44 DOM
3. 2026-06-16
   days on market $139,000 Active 43 DOM
4. 2026-06-15
   days on market $139,000 Active 42 DOM
5. 2026-06-14
   days on market $139,000 Active 40 DOM
6. 2026-06-10
   days on market $139,000 Active 37 DOM
7. 2026-06-09
   days on market $139,000 Active 36 DOM
8. 2026-06-08
   days on market $139,000 Active 35 DOM
9. 2026-06-07
   days on market $139,000 Active 34 DOM
10. 2026-06-05
    days on market $139,000 Active 31 DOM
11. 2026-06-03
    days on market $139,000 Active 30 DOM
12. 2026-06-02
    days on market $139,000 Active 29 DOM
13. 2026-06-01
    pricedays on market $139,000 Active 28 DOM
14. 2026-05-31
    days on market $149,000 Active 27 DOM
15. 2026-05-31
    days on market $149,000 Active 26 DOM
16. 2026-05-15
    status Pending 314-char remark
17. 2026-05-01
    listed $159,000 Active 314-char remark
18. 2026-04-29
    historical $159,000 314-char remark
19. 2025-02-19
    soldstatus $64,000 Closed 415-char remark

    Show marketing remark (415 chars)

    Nestled in the wonderful community of Middletown sits a 3 bedroom and 1.5 bath home that is waiting for it's new owner. The home features over 1100 SF of comfortable living space, new flooring, and a well laid-out floor plan. The new water heater, extra covered patio space, and desirable street are some of the added bonuses to this amazing home. Schedule your showing today and make 913 Chestnut St your new home!

20. 2025-02-19
    soldstatus $64,000

    Show marketing remark (415 chars)

    Nestled in the wonderful community of Middletown sits a 3 bedroom and 1.5 bath home that is waiting for it's new owner. The home features over 1100 SF of comfortable living space, new flooring, and a well laid-out floor plan. The new water heater, extra covered patio space, and desirable street are some of the added bonuses to this amazing home. Schedule your showing today and make 913 Chestnut St your new home!

21. 2025-02-10
    status Pending 415-char remark

    Show marketing remark (415 chars)

    Nestled in the wonderful community of Middletown sits a 3 bedroom and 1.5 bath home that is waiting for it's new owner. The home features over 1100 SF of comfortable living space, new flooring, and a well laid-out floor plan. The new water heater, extra covered patio space, and desirable street are some of the added bonuses to this amazing home. Schedule your showing today and make 913 Chestnut St your new home!

22. 2025-02-03
    price $90,000 415-char remark

    Show marketing remark (415 chars)

    Nestled in the wonderful community of Middletown sits a 3 bedroom and 1.5 bath home that is waiting for it's new owner. The home features over 1100 SF of comfortable living space, new flooring, and a well laid-out floor plan. The new water heater, extra covered patio space, and desirable street are some of the added bonuses to this amazing home. Schedule your showing today and make 913 Chestnut St your new home!

23. 2025-01-20
    price $105,000 415-char remark

    Show marketing remark (415 chars)

    Nestled in the wonderful community of Middletown sits a 3 bedroom and 1.5 bath home that is waiting for it's new owner. The home features over 1100 SF of comfortable living space, new flooring, and a well laid-out floor plan. The new water heater, extra covered patio space, and desirable street are some of the added bonuses to this amazing home. Schedule your showing today and make 913 Chestnut St your new home!

24. 2025-01-03
    price $120,000 415-char remark

    Show marketing remark (415 chars)

    Nestled in the wonderful community of Middletown sits a 3 bedroom and 1.5 bath home that is waiting for it's new owner. The home features over 1100 SF of comfortable living space, new flooring, and a well laid-out floor plan. The new water heater, extra covered patio space, and desirable street are some of the added bonuses to this amazing home. Schedule your showing today and make 913 Chestnut St your new home!

25. 2024-12-05
    price $135,000 415-char remark

    Show marketing remark (415 chars)

    Nestled in the wonderful community of Middletown sits a 3 bedroom and 1.5 bath home that is waiting for it's new owner. The home features over 1100 SF of comfortable living space, new flooring, and a well laid-out floor plan. The new water heater, extra covered patio space, and desirable street are some of the added bonuses to this amazing home. Schedule your showing today and make 913 Chestnut St your new home!

26. 2024-11-21
    price $150,000 415-char remark

    Show marketing remark (415 chars)

    Nestled in the wonderful community of Middletown sits a 3 bedroom and 1.5 bath home that is waiting for it's new owner. The home features over 1100 SF of comfortable living space, new flooring, and a well laid-out floor plan. The new water heater, extra covered patio space, and desirable street are some of the added bonuses to this amazing home. Schedule your showing today and make 913 Chestnut St your new home!

27. 2024-11-18
    status Active 415-char remark

    Show marketing remark (415 chars)

    Nestled in the wonderful community of Middletown sits a 3 bedroom and 1.5 bath home that is waiting for it's new owner. The home features over 1100 SF of comfortable living space, new flooring, and a well laid-out floor plan. The new water heater, extra covered patio space, and desirable street are some of the added bonuses to this amazing home. Schedule your showing today and make 913 Chestnut St your new home!

28. 2024-11-07
    historical Active Under Contract 415-char remark

    Show marketing remark (415 chars)

    Nestled in the wonderful community of Middletown sits a 3 bedroom and 1.5 bath home that is waiting for it's new owner. The home features over 1100 SF of comfortable living space, new flooring, and a well laid-out floor plan. The new water heater, extra covered patio space, and desirable street are some of the added bonuses to this amazing home. Schedule your showing today and make 913 Chestnut St your new home!

29. 2024-10-26
    listed $160,000 Active 415-char remark

    Show marketing remark (415 chars)

    Nestled in the wonderful community of Middletown sits a 3 bedroom and 1.5 bath home that is waiting for it's new owner. The home features over 1100 SF of comfortable living space, new flooring, and a well laid-out floor plan. The new water heater, extra covered patio space, and desirable street are some of the added bonuses to this amazing home. Schedule your showing today and make 913 Chestnut St your new home!

ⓘ 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: $3,615 · $301/mo
• Projected year-2 tax: $3,615 · $301/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 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥101°F today · 15 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 7% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,891
• − Mortgage interest: −$7,786
• − Property taxes: −$3,615
• − Insurance: −$695
• − Repairs & maintenance: −$1,431
• − Management: −$1,431
• − Depreciation: −$4,044
• Taxable loss: −$1,111
• Est. tax savings @ 24.0%: +$267
• After-tax cash flow: $1,344/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: Middletown Area SD
• NCES district ID: 4215240
• Math proficiency: 31% ▼ -9.00%
• Reading proficiency: 45% ▼ -11.00%
• Median HH income: $53,128
• Composite: 33.08/100
• National rank: #5567
• State rank: #368 of 539 in PA

Livability — Middletown

• Score: 80/100
• State rank: #214
• US rank: #1886

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Middletown, PA
• County: Dauphin County · 247,857 people
• City population: 23,560
• Metro: Harrisburg-Carlisle, PA
• Population (ZIP): 23,560
• Household income: $73,407
• Rent vs Own: 33.4% rent · 66.6% own
• Severe rent burden: 748.0

Population outlook (Dauphin County) Hauer SSP2

• Today (2025): 281,628 people
• By 2030: 283,549 · +0.7%
• By 2040: 285,385 · +1.3%
• By 2050: 286,188 · +1.6%
• By 2075: 291,053 · +3.3%
• By 2100: 282,374 · +0.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 11% Two or more races 8% Black 6% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 7%
• Common ancestry: Romanian 3% Italian 2% Serbian 2%
• Foreign-born: 5% · Canada, China, South Korea
• Languages at home: 92% English-only · Spanish 4% Other Indo-European 1%

Political lean MEDSL · Dauphin

• 2024 margin: Lean D (+5.9) · D 52.4% · R 46.5% · Other 1.1%
• 2008→2024 swing: -3.1pp toward R · 2008: 9.1pp · 2024: 5.9pp
• All cycles: 2024: D+5.9 2020: D+8.5 2016: D+2.8 2012: D+6.0 2008: D+9.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -83.17%
• Current HPI: 265.6077
• Rent YoY: ▲ 1.58%
• Metro: Harrisburg-Carlisle, 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

-13.1% since first listed

17 events — show timeline

• 2026-06-01 Price Changed $139,000 BRIGHT MLS
• 2026-05-19 Price Changed $149,000 BRIGHT MLS
• 2026-05-19 Relisted — BRIGHT MLS
• 2026-05-15 Pending — BRIGHT MLS
• 2026-05-01 Listed $159,000 BRIGHT MLS
• 2026-04-29 Coming Soon $159,000 BRIGHT MLS
• 2025-02-19 Sold (Public Records) $64,000 Public Records
• 2025-02-19 Sold (MLS) $64,000 BRIGHT MLS
• 2025-02-10 Pending — BRIGHT MLS
• 2025-02-03 Price Changed $90,000 BRIGHT MLS
• 2025-01-20 Price Changed $105,000 BRIGHT MLS
• 2025-01-03 Price Changed $120,000 BRIGHT MLS
• 2024-12-05 Price Changed $135,000 BRIGHT MLS
• 2024-11-21 Price Changed $150,000 BRIGHT MLS
• 2024-11-18 Relisted — BRIGHT MLS
• 2024-11-07 Contingent — BRIGHT MLS
• 2024-10-26 Listed $160,000 BRIGHT MLS

Property tax history

+2.6%/yr

Latest (2026): $3,615 · +4.0% YoY. Source: county tax records.