72 Harlem Ave · Stowe, PA 15136

$24,900

2 bd · 1.0 ba · 1,099 sqft · Condo public records · 42 Days on market

Built 1900 $23/sqft · 83% below area

---

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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +5.0/5.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Profitable 2 bed, 1 bath brick row house with potential of constant rental income after renovations. Bring your toolbox and turn this investment into $$$. Spacious floorplan and rustic charm with exposed brick walls and lofty ceiling height. A little green space in the rear of the home is a rare find in this area. Conveniently located. Minutes from the city. 15 minutes to Robinson.

Key facts

• Built 1900
• Listed 42 days

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: 2-story home; Resale property; Composition roof
• Exterior features: Public transportation access nearby

Interior

• Bathrooms: 1 full bathroom
• Heating & cooling: Hot water heating
• Interior features: Unfinished walk-out basement

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $25k.

Deal economics

• At list price, monthly cash flow is $737 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $25k).
• Recommended offer: $24k (3.0% below list) — sets the bar for market timing.
• Cap rate 41.8% vs local median 6.4% in Stowe — 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 75/100 on livability (#441 in PA, #4,019 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Sto-Rox SD (suburban): math 4% / reading 18% proficiency, ranked #532 of 539 in PA (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+13.1%/yr); 125 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals lingering (median 44d 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $172 of loan paydown is wiped out by about $747 of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($24k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $5k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $11k; list at $25k implies a 126% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 4.5% of price; built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $24,153 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 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 1900 — 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. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
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 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: 4.94% ✓
• Cap rate: 41.82%
• Cash-on-cash: 126.88%
• DSCR: 6.65
• GRM: 1.7

CMA / ARV

• ARV (median comp): $143,034
• List price: $24,900
• Delta: -82.59%
• Verdict: UNDERPRICED
• Comps: 12 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 8.10×
• Total profit: $49,479
• Equity at exit: $3,713

10-year hold

• IRR: —
• Equity multiple: 20.13×
• Total profit: $133,379
• Equity at exit: $2,153

Cash invested: $6,972 (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 15136

• Home prices YoY: -30.4%
• Rents YoY: 13.1%
• Active inventory: 125
• Price-to-rent: 1.7×

Monthly cashflow live

• Estimated rent: $1,231 high
• Mortgage (P&I): −$131
• Tax from tax record: −$94 /mo · $1,130/yr
• Insurance: −$10
• HOA: −$0
• Vacancy / Maint / Mgmt: −$258
• Net cashflow: $737

Break-even live

Break-even rent $298

Max offer price $24,900

Occupancy floor 35%

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: $6,225
• Closing costs: $747
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
71 McKinnie Ave Mc Kees Rocks, PA	2.0	1.0	1176	$1,100	$0.94	23d	1	0.11mi
27 Highland Ave Mc Kees Rocks, PA	3.0	1.0	1488	$1,425	$0.96	23d	1	0.18mi
614 Woodward Ave McKees Rocks, PA	2.0	1.0	1000	$950	$0.95	7d	1	0.24mi
214 Erwin Pl Mc Kees Rocks, PA	3.0	1.0	1026	$1,685	$1.64	43d	1	0.34mi
705 Russellwood Ave Apt 1 McKees Rocks, PA	2.0	1.0	800	$1,549	$1.94	23d	1	0.35mi
1124a Dohrman St McKees Rocks, PA	3.0	1.0	1150	$1,250	$1.09	23d	1	0.40mi
1126 Dohrman St Unit MC McKees Rocks, PA	2.0	1.0	1200	$1,250	$1.04	43d	1	0.41mi
915 Woodward Ave Mc Kees Rocks, PA	3.0	1.0	1224	$1,399	$1.14	43d	1	0.41mi
933 Woodward Ave Unit NA McKees Rocks, PA	2.0	1.0	1100	$1,400	$1.27	20d	1	0.44mi
933 Woodward Ave Unit MC McKees Rocks, PA	2.0	1.0	1100	$1,400	$1.27	23d	1	0.44mi
214 Wright St Unit Na McKees Rocks, PA	2.0	1.0	954	$1,175	$1.23	14d	1	0.51mi
802 13th St Unit 2 McKees Rocks, PA	2.0	1.0	1100	$920	$0.84	43d	1	0.54mi
27 Rudolph St Mc Kees Rocks, PA	3.0	1.0	1084	$1,100	$1.01	1d	1	0.57mi
907 Chartiers Ave Unit 2 McKees Rocks, PA	2.0	1.0	900	$1,100	$1.22	23d	1	0.67mi
33 Greenough Ave Pittsburgh, PA	2.0	1.0	900	$1,300	$1.44	43d	1	1.16mi
10 Highland Dr Mc Kees Rocks, PA	2.0	1.0	1188	$1,300	$1.09	43d	1	1.23mi
219 Woodlawn Ave Pittsburgh, PA	2.0	1.0	925	$1,075	$1.16	43d	1	1.29mi
149 S Euclid Ave Unit 1 Pittsburgh, PA	1.0	1.0	800	$1,200	$1.50	17d	1	1.30mi
117 Crawford Ave Unit 2 Pittsburgh, PA	1.0	1.0	700	$900	$1.29	43d	1	1.34mi
71-73 Sheridan Ave Unit 73 Pittsburgh, PA	2.0	1.0	900	$1,100	$1.22	43d	1	1.44mi
220 S Home Ave Pittsburgh, PA	1.0	1.0	840	$1,299	$1.55	43d	1	1.46mi
937 Jackman Ave Unit 1 Pittsburgh, PA	1.0	1.0	1200	$1,390	$1.16	44d	1	1.49mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 21 events

1. 2026-06-18
   days on market $24,900 Active 42 DOM
2. 2026-06-17
   days on market $24,900 Active 41 DOM
3. 2026-06-16
   days on market $24,900 Active 40 DOM
4. 2026-06-15
   days on market $24,900 Active 39 DOM
5. 2026-06-13
   days on market $24,900 Active 37 DOM
6. 2026-06-09
   days on market $24,900 Active 33 DOM
7. 2026-06-08
   days on market $24,900 Active 32 DOM
8. 2026-06-07
   days on market $24,900 Active 31 DOM
9. 2026-06-05
   days on market $24,900 Active 28 DOM
10. 2026-06-03
    days on market $24,900 Active 27 DOM
11. 2026-06-02
    days on market $24,900 Active 26 DOM
12. 2026-06-01
    days on market $24,900 Active 25 DOM
13. 2026-05-31
    days on market $24,900 Active 24 DOM
14. 2026-05-07
    price $24,900 384-char remark
15. 2026-05-07
    listed $29,900 Active 384-char remark
16. 2026-05-05
    historical Expired 384-char remark

    Show marketing remark (384 chars)

    Profitable 2 bed, 1 bath brick row house with potential of constant rental income after renovations. Bring your toolbox and turn this investment into $$$. Spacious floorplan and rustic charm with exposed brick walls and lofty ceiling height. A little green space in the rear of the home is a rare find in this area. Conveniently located. Minutes from the city. 15 minutes to Robinson.

17. 2026-02-20
    price $24,900 384-char remark

    Show marketing remark (384 chars)

    Profitable 2 bed, 1 bath brick row house with potential of constant rental income after renovations. Bring your toolbox and turn this investment into $$$. Spacious floorplan and rustic charm with exposed brick walls and lofty ceiling height. A little green space in the rear of the home is a rare find in this area. Conveniently located. Minutes from the city. 15 minutes to Robinson.

18. 2026-02-09
    listed $35,000 Active 384-char remark

    Show marketing remark (384 chars)

    Profitable 2 bed, 1 bath brick row house with potential of constant rental income after renovations. Bring your toolbox and turn this investment into $$$. Spacious floorplan and rustic charm with exposed brick walls and lofty ceiling height. A little green space in the rear of the home is a rare find in this area. Conveniently located. Minutes from the city. 15 minutes to Robinson.

19. 2024-03-15
    soldstatus $11,000 Closed

    Show marketing remark (475 chars)

    Take a look at 72 Harlem Avenue! This 2 bed, 1 bath brick row house is in need of a full remodel. However, once completed it can be the perfect investment property for the right buyer. The floorplan is spacious and the exposed brick lends itself to a loft style industrial aesthetic. With a small yard in the back, landscaping is kept to a minimum while maintaining the capability of having your very own green space while minutes away from the center of downtown Pittsburgh.

20. 2024-01-22
    status Pending

    Show marketing remark (475 chars)

    Take a look at 72 Harlem Avenue! This 2 bed, 1 bath brick row house is in need of a full remodel. However, once completed it can be the perfect investment property for the right buyer. The floorplan is spacious and the exposed brick lends itself to a loft style industrial aesthetic. With a small yard in the back, landscaping is kept to a minimum while maintaining the capability of having your very own green space while minutes away from the center of downtown Pittsburgh.

21. 2023-11-24
    listed $17,500 Active

    Show marketing remark (475 chars)

    Take a look at 72 Harlem Avenue! This 2 bed, 1 bath brick row house is in need of a full remodel. However, once completed it can be the perfect investment property for the right buyer. The floorplan is spacious and the exposed brick lends itself to a loft style industrial aesthetic. With a small yard in the back, landscaping is kept to a minimum while maintaining the capability of having your very own green space while minutes away from the center of downtown Pittsburgh.

ⓘ 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: $1,130 · $94/mo
• Projected year-2 tax: $1,130 · $94/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 · 17 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: $14,769
• − Mortgage interest: −$1,395
• − Property taxes: −$1,130
• − Insurance: −$124
• − Repairs & maintenance: −$1,182
• − Management: −$1,182
• − Depreciation: −$724
• Taxable income: $9,033
• Est. tax owed @ 24.0%: −$2,168
• After-tax cash flow: $6,678/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: Sto-Rox SD
• NCES district ID: 4222830
• Math proficiency: 4% ▼ -5.00%
• Reading proficiency: 18% ▼ -4.00%
• Median HH income: $30,268
• Composite: 8.51/100
• National rank: #9904
• State rank: #532 of 539 in PA

Livability — Stowe

• Score: 75/100
• State rank: #441
• US rank: #4019

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Allegheny County · 1,022,028 people
• Metro: Pittsburgh, PA
• Population (ZIP): 22,623
• Household income: $69,099
• Rent vs Own: 35.5% rent · 64.5% own
• Severe rent burden: 768.0

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 (75%)
• Race & ethnicity: White 75% Black 18% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Romanian 10% Subsaharan African 3% Scotch-Irish 2%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 1% Other Indo-European 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: ▼ -107.07%
• Current HPI: 244.6934
• Rent YoY: ▲ 13.12%
• 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

+42.3% since first listed

8 events — show timeline

• 2026-05-07 Price Changed $24,900 West Penn MLS
• 2026-05-07 Listed $29,900 West Penn MLS
• 2026-05-05 Delisted — West Penn MLS
• 2026-02-20 Price Changed $24,900 West Penn MLS
• 2026-02-09 Listed $35,000 West Penn MLS
• 2024-03-15 Sold (MLS) $11,000 West Penn MLS
• 2024-01-22 Pending — West Penn MLS
• 2023-11-24 Listed $17,500 West Penn MLS

Property tax history

+9.3%/yr

Latest (2026): $1,130 · +4.0% YoY. Source: county tax records.