751 Florence Ave · Avalon, PA 15202

$245,000

3 bd · 1.5 ba · 2,196 sqft · SingleFamily public records · 199 Days on market

Built 1925 3,794 sqft lot $112/sqft · 19% below area Est $302k · 19% under

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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).

• ARV discount +15.0/15.0
• Cash flow +8.5/30.0
• Livability +4.3/5.0
• Rent growth +3.8/5.0
• 1% rule +3.6/10.0
• Schools +3.4/10.0
• Condition / age +2.5/5.0
• DSCR +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

751 Florence is a beautifully updated 4-bedroom home blending classic character with modern comfort. High ceilings, abundant natural light, and an open first-floor layout create a bright, inviting feel from the moment you enter. Original details include pocket doors, ornate woodwork, and a striking stained-glass window—add warmth and charm. The updated kitchen features white cabinetry, stainless steel appliances, and ample counter space. Renovated bathrooms offer clean, modern finishes. You’ll find three spacious bedrooms and a bonus room, the convenience of second-floor laundry, along with great storage throughout. Enjoy a newly updated front sitting porch, perfect for relaxing or entertaining. Move-in-ready home with historic detail and ideal location. 3rd floor bedroom brightened up with NEW paint, flooring, lights and added closet organizer. Dog lovers, Lawn above near fence belongs to this property. Lead water pipe replaced by WVWA from street to basement 4/27.

Key facts

• Pocket doors
• Renovated bathrooms
• Stained-glass window

Tags

• UPDATED KITCHEN
• RENOVATED BATHROOMS
• POCKET DOORS
• STAINED-GLASS WINDOW
• FRONT SITTING PORCH
• SECOND-FLOOR LAUNDRY

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $245k.

Deal economics

• At list price, monthly cash flow is $-214 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $207k (15.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $211k (13.9% below list).
• Recommended offer: $207k (15.4% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 86/100 on livability (#63 in PA, #439 nationally) — a professional / high-income tenant draw. Strengths: crime A+, commute A+, cost of living A+; Watch: amenities C-.
• Northgate SD (suburban): math 25% / reading 57% proficiency, ranked #354 of 539 in PA (top 66%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Avalon El Sch (math 22% / reading 62%, grade F, #883 of 1,518 statewide, top 61%, 262 students, 100% FRL); Northgate Mshs (math 27% / reading 47%, grade F, #289 of 437 statewide, top 67%, 456 students, 85% FRL) — zoned schools average 92% FRL vs 43% district-wide (50 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.2%/yr); 79 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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 37% 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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 199 days — a 12% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 5y ago; this cycle's ask has dropped $40k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $202k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $207,156 (15.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 199 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
3. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 0.86% ✗
• Cap rate: 5.24%
• Cash-on-cash: -3.75%
• DSCR: 0.83
• GRM: 9.7

CMA / ARV

• ARV (median comp): $302,471
• List price: $245,000
• Delta: -19.00%
• 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
712 California Ave	0.11mi	4/2.5 (+1)	2,176 (-1%)	0mo	$325,000	$149	84
705 Taylor Ave	0.10mi	4/2.0 (+1)	2,244 (+2%)	1mo	$125,000	$56	84
224 S Home Ave	0.32mi	4/1.5 (+1)	2,184 (-0%)	1mo	$332,280	$152	79
119 Harrison Ave	0.36mi	4/2.0 (+1)	2,156 (-2%)	4mo	$290,000	$135	70
327 Elizabeth Ave	0.12mi	3/1.0	1,904 (-13%)	4mo	$16,000	$8	67
241 S Starr Ave	0.36mi	4/2.0 (+1)	2,123 (-3%)	8mo	$335,000	$158	64
647 Park Ave	0.21mi	4/2.5 (+1)	1,996 (-9%)	5mo	$350,000	$175	62
28 Florence Ave	0.43mi	4/2.5 (+1)	2,347 (+7%)	0mo	$179,000	$76	59
632 Means Ave	0.51mi	4/2.0 (+1)	2,092 (-5%)	4mo	$365,000	$174	58
208 Delp St	0.48mi	3/2.0	1,986 (-10%)	5mo	$100,001	$50	56
601 Center Ave	0.30mi	4/3.5 (+1)	1,981 (-10%)	3mo	$365,000	$184	54
210 Cleveland Ave	0.38mi	4/2.5 (+1)	2,016 (-8%)	8mo	$140,000	$69	53

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 · 5.16% rent growth · sell at horizon

5-year hold

• IRR: -19.8%
• Equity multiple: 0.29×
• Total profit: $-48,517
• Equity at exit: $36,530

10-year hold

• IRR: -8.2%
• Equity multiple: 0.43×
• Total profit: $-39,144
• Equity at exit: $21,183

Cash invested: $68,600 (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 15202

• Home prices YoY: -30.2%
• Rents YoY: 5.2%
• Active inventory: 79
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $2,109 medium
• Mortgage (P&I): −$1,285
• Tax from tax record: −$493 /mo · $5,917/yr
• Insurance: −$102
• HOA: −$0
• Vacancy / Maint / Mgmt: −$443
• Net cashflow: $-214

Break-even live

Break-even rent $2,380

Max offer price $207,156

Occupancy floor —

Sensitivity live

Price	-10% $-76	-5% $-145	+0% $-214	+5% $-284	+10% $-353
Rent	-10% $-381	-5% $-298	+0% $-214	+5% $-131	+10% $-48
Rate	-1.0pp $-91	-0.5pp $-152	base $-214	+0.5pp $-278	+1.0pp $-342

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: $61,250
• Closing costs: $7,350
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
713 Clinton Pl Pittsburgh, PA	4.0	2.0	1760	$2,750	$1.56	3d	1	0.34mi
421 N Ohio St Pittsburgh, PA	3.0	2.0	1747	$2,700	$1.55	3d	1	0.40mi
555 Orchard Ave Bellevue, PA	3.0	1.0	1400	$1,295	$0.93	45d	1	0.63mi
189 N Balph Ave Pittsburgh, PA	3.0	1.0	1550	$1,850	$1.19	45d	1	0.78mi

Listing history 24 events

1. 2026-06-21
   days on market $245,000 Active 199 DOM
2. 2026-06-18
   days on market $245,000 Active 196 DOM
3. 2026-06-17
   days on market $245,000 Active 195 DOM
4. 2026-06-16
   days on market $245,000 Active 194 DOM
5. 2026-06-15
   days on market $245,000 Active 193 DOM
6. 2026-06-13
   days on market $245,000 Active 191 DOM
7. 2026-06-13
   days on market $245,000 Active 190 DOM
8. 2026-06-09
   days on market $245,000 Active 187 DOM
9. 2026-06-08
   days on market $245,000 Active 186 DOM
10. 2026-06-07
    days on market $245,000 Active 185 DOM
11. 2026-06-03
    days on market $245,000 Active 181 DOM
12. 2026-06-02
    days on market $245,000 Active 180 DOM
13. 2026-06-01
    days on market $245,000 Active 179 DOM
14. 2026-05-31
    days on market $245,000 Active 178 DOM
15. 2026-04-04
    price $265,000 992-char remark

    Show marketing remark (992 chars)

    751 Florence is a beautifully updated 4-bedroom home blending classic character with modern comfort. High ceilings, abundant natural light, and an open first-floor layout create a bright, inviting feel from the moment you enter. Original details include pocket doors, ornate woodwork, and a striking stained-glass window—add warmth and charm. The updated kitchen features white cabinetry, stainless steel appliances, and ample counter space. Renovated bathrooms offer clean, modern finishes. You’ll find three spacious bedrooms and a bonus room, the convenience of second-floor laundry, along with great storage throughout. Enjoy a newly updated front sitting porch, perfect for relaxing or entertaining. Move-in-ready home with historic detail and ideal location. 3rd floor bedroom brightened up with NEW paint, flooring, lights and added closet organizer. Dog lovers, Lawn above near fence belongs to this property. Lead water pipe replaced by WVWA from street to basement 4/27.

16. 2026-01-20
    price $274,999 992-char remark

    Show marketing remark (992 chars)

    751 Florence is a beautifully updated 4-bedroom home blending classic character with modern comfort. High ceilings, abundant natural light, and an open first-floor layout create a bright, inviting feel from the moment you enter. Original details include pocket doors, ornate woodwork, and a striking stained-glass window—add warmth and charm. The updated kitchen features white cabinetry, stainless steel appliances, and ample counter space. Renovated bathrooms offer clean, modern finishes. You’ll find three spacious bedrooms and a bonus room, the convenience of second-floor laundry, along with great storage throughout. Enjoy a newly updated front sitting porch, perfect for relaxing or entertaining. Move-in-ready home with historic detail and ideal location. 3rd floor bedroom brightened up with NEW paint, flooring, lights and added closet organizer. Dog lovers, Lawn above near fence belongs to this property. Lead water pipe replaced by WVWA from street to basement 4/27.

17. 2025-12-04
    listed $285,000 Active 992-char remark

    Show marketing remark (992 chars)

    751 Florence is a beautifully updated 4-bedroom home blending classic character with modern comfort. High ceilings, abundant natural light, and an open first-floor layout create a bright, inviting feel from the moment you enter. Original details include pocket doors, ornate woodwork, and a striking stained-glass window—add warmth and charm. The updated kitchen features white cabinetry, stainless steel appliances, and ample counter space. Renovated bathrooms offer clean, modern finishes. You’ll find three spacious bedrooms and a bonus room, the convenience of second-floor laundry, along with great storage throughout. Enjoy a newly updated front sitting porch, perfect for relaxing or entertaining. Move-in-ready home with historic detail and ideal location. 3rd floor bedroom brightened up with NEW paint, flooring, lights and added closet organizer. Dog lovers, Lawn above near fence belongs to this property. Lead water pipe replaced by WVWA from street to basement 4/27.

18. 2021-11-17
    soldstatus $202,000
19. 2021-11-08
    soldstatus $202,000 Closed 786-char remark

    Show marketing remark (786 chars)

    This 3 bedroom, 1 and a half bath home in Avalon has loads of character and charm. The large front porch welcomes you to the new beautiful, grand front door which opens to a spacious entry with new flooring throughout. Gather the whole family in the large living and dining room complete with pocket doors and decorative fireplace. The kitchen features updated cabinets, appliances and Granite counters. Upstairs the master bedroom is huge with a sitting area, a decorative fireplace and entrance to the 2nd floor laundry room. The second floor bath has been completely updated. The 3rd bedroom is used as a home gym. The 3rd floor has the den which can be used as an additional bedroom, playroom or office and an additional storage room. Outback you have a private deck and small yard.

20. 2021-10-08
    historical Contingent 786-char remark

    Show marketing remark (786 chars)

    This 3 bedroom, 1 and a half bath home in Avalon has loads of character and charm. The large front porch welcomes you to the new beautiful, grand front door which opens to a spacious entry with new flooring throughout. Gather the whole family in the large living and dining room complete with pocket doors and decorative fireplace. The kitchen features updated cabinets, appliances and Granite counters. Upstairs the master bedroom is huge with a sitting area, a decorative fireplace and entrance to the 2nd floor laundry room. The second floor bath has been completely updated. The 3rd bedroom is used as a home gym. The 3rd floor has the den which can be used as an additional bedroom, playroom or office and an additional storage room. Outback you have a private deck and small yard.

21. 2021-10-06
    price $195,000 786-char remark

    Show marketing remark (786 chars)

    This 3 bedroom, 1 and a half bath home in Avalon has loads of character and charm. The large front porch welcomes you to the new beautiful, grand front door which opens to a spacious entry with new flooring throughout. Gather the whole family in the large living and dining room complete with pocket doors and decorative fireplace. The kitchen features updated cabinets, appliances and Granite counters. Upstairs the master bedroom is huge with a sitting area, a decorative fireplace and entrance to the 2nd floor laundry room. The second floor bath has been completely updated. The 3rd bedroom is used as a home gym. The 3rd floor has the den which can be used as an additional bedroom, playroom or office and an additional storage room. Outback you have a private deck and small yard.

22. 2021-09-21
    listed $205,000 Active 786-char remark

    Show marketing remark (786 chars)

    This 3 bedroom, 1 and a half bath home in Avalon has loads of character and charm. The large front porch welcomes you to the new beautiful, grand front door which opens to a spacious entry with new flooring throughout. Gather the whole family in the large living and dining room complete with pocket doors and decorative fireplace. The kitchen features updated cabinets, appliances and Granite counters. Upstairs the master bedroom is huge with a sitting area, a decorative fireplace and entrance to the 2nd floor laundry room. The second floor bath has been completely updated. The 3rd bedroom is used as a home gym. The 3rd floor has the den which can be used as an additional bedroom, playroom or office and an additional storage room. Outback you have a private deck and small yard.

23. 2017-05-03
    soldstatus $55,000
24. 1975-10-01
    soldstatus $22,000

ⓘ 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: $5,917 · $493/mo
• Projected year-2 tax: $5,917 · $493/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 ≥99°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,302
• − Mortgage interest: −$13,724
• − Property taxes: −$5,917
• − Insurance: −$1,225
• − Repairs & maintenance: −$2,024
• − Management: −$2,024
• − Depreciation: −$7,127
• Taxable loss: −$6,739
• Est. tax savings @ 24.0%: +$1,617
• After-tax cash flow: $-953/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: Northgate SD
• NCES district ID: 4217770
• Math proficiency: 25% ▼ -12.00%
• Reading proficiency: 57% ▼ -5.00%
• Median HH income: $39,084
• Composite: 34.15/100
• National rank: #5279
• State rank: #354 of 539 in PA

Livability — Avalon

• Score: 86/100
• State rank: #63
• US rank: #439

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Avalon, PA
• County: Allegheny County · 1,022,028 people
• City population: 19,642
• Metro: Pittsburgh, PA
• Population (ZIP): 19,564
• Household income: $68,287
• Rent vs Own: 48.0% rent · 52.0% own
• Severe rent burden: 952.0

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 (83%)
• Race & ethnicity: White 83% Black 9% Two or more races 5% Hispanic / Latino 2% Asian 1%
• Common ancestry: Romanian 6% Italian 2% Lithuanian 2%
• Foreign-born: 2% · Canada, China
• Languages at home: 96% English-only · Other Indo-European 1% Spanish 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: ▼ -118.40%
• Current HPI: 274.1929
• Rent YoY: ▲ 5.16%
• 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

+1104.5% since first listed

10 events — show timeline

• 2026-04-04 Price Changed $265,000 West Penn MLS
• 2026-01-20 Price Changed $274,999 West Penn MLS
• 2025-12-04 Listed $285,000 West Penn MLS
• 2021-11-17 Sold (Public Records) $202,000 Public Records
• 2021-11-08 Sold (MLS) $202,000 West Penn MLS
• 2021-10-08 Contingent — West Penn MLS
• 2021-10-06 Price Changed $195,000 West Penn MLS
• 2021-09-21 Listed $205,000 West Penn MLS
• 2017-05-03 Sold (Public Records) $55,000 Public Records
• 1975-10-01 Sold (Public Records) $22,000 Public Records

Property tax history

+5.4%/yr

Latest (2026): $5,917 · +2.6% YoY. Source: county tax records.