311 Euclid Ave · Glassport, PA 15045

$12,500

2 bd · 1.0 ba · 971 sqft · SingleFamily public records · 359 Days on market

Built 1938 2,500 sqft lot $13/sqft · 85% below area ↓ 25% since listing

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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 +15.0/30.0
• ARV discount +7.5/15.0
• Appreciation +5.1/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.6/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Great opportunity to own this 3 bedroom 1 bath 1,166 square foot home in Glassport. The property features an integral garage, porch, and patio and is being sold as is.

Key facts

• Porch
• Integral garage
• Patio

Tags

• INTEGRAL GARAGE
• PORCH
• PATIO

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $12k.

Deal economics

• At list price, monthly cash flow is $667 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($953 rent vs $12k).
• Recommended offer: $11k (12.0% below list) — sets the bar for market timing.
• Cap rate 70.3% vs local median 8.4% in Glassport — 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 71/100 on livability (#716 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, commute A-; Watch: crime C-, employment D+, schools D-.
• South Allegheny SD (suburban): math 23% / reading 44% proficiency, ranked #430 of 539 in PA (top 80%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 24 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); 57% 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

• In year one you build about $108 of equity ($86 loan paydown + $22 appreciation (0.2% local appreciation)).
• At projected returns (0.2% appreciation + 3.0% rent growth), your $4k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 359 days — a 12% lower offer ($11k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1938 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $11,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 359 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1938 — 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 7.63% ✓
• Cap rate: 70.31%
• Cash-on-cash: 228.62%
• DSCR: 11.17
• GRM: 1.1

CMA / ARV

• ARV (median comp): $102,163
• List price: $12,500
• Delta: -87.76%
• 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
428 Euclid Ave	0.15mi	3/2.0 (+1)	968 (-0%)	12mo	$78,000	$81	73
415 Euclid Ave	0.12mi	2/2.0	836 (-14%)	4mo	$89,900	$108	64
402 N Monongahela Ave	0.59mi	2/1.0	898 (-8%)	10mo	$40,000	$45	52
1006 Woodland Ave	0.51mi	3/1.0 (+1)	864 (-11%)	10mo	$61,000	$71	44
309 Marie St	0.53mi	3/2.0 (+1)	896 (-8%)	13mo	$135,000	$151	43
906 Woodland Ave	0.68mi	2/2.0	875 (-10%)	7mo	$105,000	$120	42
834 Delaware Ave	0.62mi	2/1.0	1,056 (+9%)	18mo	$115,000	$109	42
1008 Burbank Rd	0.58mi	3/1.0 (+1)	875 (-10%)	13mo	$162,000	$185	40
514 Marie St	0.72mi	3/1.5 (+1)	898 (-8%)	8mo	$120,000	$134	40
920 Woodland Ave	0.61mi	3/1.0 (+1)	875 (-10%)	12mo	$152,900	$175	40
1434 Washington Blvd	0.65mi	3/2.0 (+1)	1,053 (+8%)	10mo	$153,500	$146	38
934 Vermont Ave	0.73mi	3/1.0 (+1)	1,056 (+9%)	16mo	$20,000	$19	33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

0.18% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 13.06×
• Total profit: $42,223
• Equity at exit: $3,741

10-year hold

• IRR: —
• Equity multiple: 27.65×
• Total profit: $93,271
• Equity at exit: $4,588

Cash invested: $3,500 (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 15045

• Home prices YoY: 0.1%
• Active inventory: 24
• Price-to-rent: 1.1×

Monthly cashflow live

• Estimated rent: $953 high
• Mortgage (P&I): −$66
• Tax est. 1.5%: −$16 /mo · $188/yr
• Insurance: −$5
• HOA: −$0
• Vacancy / Maint / Mgmt: −$200
• Net cashflow: $667

Break-even live

Break-even rent $109

Max offer price $12,500

Occupancy floor 25%

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: $3,125
• Closing costs: $375
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
526 Ohio Ave Unit 3 Glassport, PA	2.0	1.0	800	$900	$1.12	43d	1	0.27mi
642 Ohio Ave Unit 1 Glassport, PA	2.0	1.0	700	$1,200	$1.71	43d	1	0.40mi
812 Indiana Ave Unit 1 Glassport, PA	1.0	1.0	800	$695	$0.87	23d	1	0.54mi
308 Marie St Glassport, PA	2.0	1.0	850	$925	$1.09	17d	1	0.54mi
306 Laredo St McKeesport, PA	2.0	1.0	928	$995	$1.07	43d	1	1.21mi
231 Connecticut Ave Clairton, PA	3.0	1.0	1064	$1,150	$1.08	43d	1	1.37mi
441 Ohio Ave Clairton, PA	2.0	1.0	852	$950	$1.12	20d	1	1.42mi

Listing history 17 events

1. 2026-06-18
   days on market $12,500 Active 359 DOM
2. 2026-06-17
   price $12,500 Active 358 DOM
3. 2026-06-17
   days on market $15,000 Active 358 DOM
4. 2026-06-16
   days on market $15,000 Active 357 DOM
5. 2026-06-15
   days on market $15,000 Active 356 DOM
6. 2026-06-13
   days on market $15,000 Active 354 DOM
7. 2026-06-13
   days on market $15,000 Active 353 DOM
8. 2026-06-09
   days on market $15,000 Active 350 DOM
9. 2026-06-08
   days on market $15,000 Active 349 DOM
10. 2026-06-07
    days on market $15,000 Active 348 DOM
11. 2026-06-05
    days on market $15,000 Active 345 DOM
12. 2026-06-03
    days on market $15,000 Active 344 DOM
13. 2026-06-02
    days on market $15,000 Active 343 DOM
14. 2026-06-01
    days on market $15,000 Active 342 DOM
15. 2026-05-31
    days on market $15,000 Active 341 DOM
16. 2025-12-18
    price $15,000 167-char remark

    Show marketing remark (167 chars)

    Great opportunity to own this 3 bedroom 1 bath 1,166 square foot home in Glassport. The property features an integral garage, porch, and patio and is being sold as is.

17. 2025-06-24
    listed $20,000 Active 167-char remark

    Show marketing remark (167 chars)

    Great opportunity to own this 3 bedroom 1 bath 1,166 square foot home in Glassport. The property features an integral garage, porch, and patio and is being sold as is.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 5/10 Major 8 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,441
• − Mortgage interest: −$700
• − Property taxes: −$188
• − Insurance: −$62
• − Repairs & maintenance: −$915
• − Management: −$915
• − Depreciation: −$364
• Taxable income: $8,297
• Est. tax owed @ 24.0%: −$1,991
• After-tax cash flow: $6,011/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: South Allegheny SD
• NCES district ID: 4221910
• Math proficiency: 23% ▼ -10.00%
• Reading proficiency: 44% ▼ -13.00%
• Median HH income: $40,891
• Composite: 28.15/100
• National rank: #6815
• State rank: #430 of 539 in PA

Livability — Glassport

• Score: 71/100
• State rank: #716
• US rank: #7113

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Glassport, PA
• City population: 4,400
• Population (ZIP): 4,400

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 (88%)
• Race & ethnicity: White 88% Hispanic / Latino 6% Black 4% Two or more races 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 18% Portuguese 6% Serbian 6%
• Foreign-born: 1% · South Korea, Canada
• Languages at home: 97% English-only · German/W. Germanic 1% Spanish 1% Korean 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: ▲ 0.18%
• Current HPI: 214.7403
• Rent YoY: —
• Metro: —
• 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

-25.0% since first listed

2 events — show timeline

• 2025-12-18 Price Changed $15,000 West Penn MLS
• 2025-06-24 Listed $20,000 West Penn MLS

Property tax history

+10.6%/yr

Latest (2025): $1,314 · +272.6% YoY. Source: county tax records.