1151 Jones Ave · North Braddock, PA 15104

$125,000

2 bd · 1.5 ba · 979 sqft · SingleFamily public records · 217 Days on market

Built 1937 10,280 sqft lot $128/sqft · 23% below area Est $162k · 23% under

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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
• DSCR +5.2/10.0
• Appreciation +4.2/10.0
• Livability +3.7/5.0
• 1% rule +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

When looking at the street level view of this cozy adorable bungalow, you can hardly imagine that it has TWO lower levels and very usable walk-out basements! In addition to the gleaming floors, the first level has a nice size living room and an eat-in kitchen. It is easy to imagine yourself relaxing on the fully enclosed three-season back porch. The oversized side yard and lower-level backyard give you a park-like feeling while being around the corner from public transportation and easy access to shopping and dining. Come and discover this hidden jewel for yourself!

Key facts

• Lower-level backyard
• Walk-out basements
• Oversized side yard

Tags

• WALK-OUT BASEMENTS
• THREE-SEASON BACK PORCH
• OVERSIZED SIDE YARD
• LOWER-LEVEL BACKYARD
• PUBLIC TRANSPORTATION ACCESS
• SHOPPING AND DINING ACCESS

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $81 ($967/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 $104k (17.0% below list).
• Recommended offer: $104k (17.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 73/100 on livability (#550 in PA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools F, amenities F, employment F.
• Woodland Hills SD (suburban): math 13% / reading 30% proficiency, ranked #486 of 539 in PA (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 37 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
• This rent runs 31% of the median local income ($40k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-1.6%/yr); year-one equity from $864 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 217 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 18y ago; this cycle's ask has dropped $15k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $20k; list at $125k implies a 525% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1937 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $103,765 (17.0% below list)

Questions for the listing agent

1. It's been on market 217 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
2. Built in 1937 — 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 F-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. 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: 0.83% ✗
• Cap rate: 7.07%
• Cash-on-cash: 2.76%
• DSCR: 1.12
• GRM: 10.0

CMA / ARV

• ARV (median comp): $162,111
• List price: $125,000
• Delta: -22.89%
• 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
1011 Jones Ave	0.19mi	2/1.5	1,024 (+5%)	8mo	$9,500	$9	77
206 Parklane Dr	0.44mi	3/2.0 (+1)	975 (-0%)	9mo	$225,000	$231	64
806 Coalmont St	0.38mi	2/1.0	918 (-6%)	16mo	$35,000	$38	56
1916 Pallas St	0.67mi	2/1.0	1,009 (+3%)	8mo	$47,800	$47	55
22 Radnor Ave	0.46mi	2/1.0	892 (-9%)	12mo	$135,000	$151	52
1584 Brinton Rd	0.28mi	3/2.0 (+1)	1,092 (+12%)	13mo	$225,000	$206	50
212 Parklane Dr	0.45mi	3/1.0 (+1)	1,080 (+10%)	14mo	$144,450	$134	44
1326 Wolfe Ave	0.64mi	2/1.0	1,108 (+13%)	7mo	$55,850	$50	40
1172 Grandview Ave	0.62mi	1/1.0 (-1)	1,071 (+9%)	13mo	$9,250	$9	38
221 Parklane Dr	0.47mi	3/1.0 (+1)	1,105 (+13%)	19mo	$100,000	$90	34
416 Mills Ave	0.72mi	2/1.0	1,072 (+10%)	18mo	$8,500	$8	33
143 Avenue L	0.75mi	3/1.0 (+1)	1,120 (+14%)	14mo	$220,000	$196	22

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

Projected returns pro-forma

-1.62% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -5.4%
• Equity multiple: 0.78×
• Total profit: $-7,809
• Equity at exit: $26,483

10-year hold

• IRR: 2.1%
• Equity multiple: 1.18×
• Total profit: $6,268
• Equity at exit: $24,775

Cash invested: $35,000 (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 15104

• Home prices YoY: -1.1%
• Active inventory: 37
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $1,038 high
• Mortgage (P&I): −$656
• Tax from tax record: −$32 /mo · $379/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$218
• Net cashflow: $81

Break-even live

Break-even rent $936

Max offer price $125,000

Occupancy floor 87%

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
817 Kirkpatrick Ave Unit 8171-A Braddock, PA	2.0	1.0	866	$800	$0.92	43d	1	0.47mi
227 Parklane Dr Unit Parklane Dr unit North Braddock, PA	3.0	1.0	1107	$1,500	$1.36	12d	1	0.50mi
12 Demmer Ave Unit 2 Pittsburgh, PA	1.0	1.0	750	$725	$0.97	23d	1	0.58mi
1310 Brinton Ave Unit 1 Braddock, PA	2.0	1.0	800	$1,000	$1.25	43d	1	0.67mi
17 Sumner Ave Pittsburgh, PA	1.0	1.0	800	$950	$1.19	43d	1	0.75mi
144 Comrie Ave Braddock, PA	3.0	1.0	1000	$1,250	$1.25	23d	1	0.79mi
219 North Ave Unit 1 East Pittsburgh, PA	2.0	1.0	850	$900	$1.06	2d	1	0.80mi
1508 Ridge Ave Unit 3 Braddock, PA	1.0	1.0	850	$680	$0.80	43d	1	0.88mi
2673 Woodstock Ave Pittsburgh, PA	3.0	1.0	1000	$1,190	$1.19	23d	1	1.03mi
207 Montana Ave Pittsburgh, PA	2.0	1.0	840	$1,000	$1.19	23d	1	1.05mi
411 Franklin St Unit 3 East Pittsburgh, PA	1.0	1.0	646	$1,050	$1.63	43d	1	1.12mi
810 Wood St Unit 1 East Pittsburgh, PA	1.0	1.0	1000	$1,200	$1.20	7d	1	1.20mi
505 Washington St Turtle Creek, PA	2.0	1.0	1064	$1,200	$1.13	43d	1	1.34mi
1635 Ardmore Blvd Pittsburgh, PA	1.0	1.0	650	$800	$1.23	21d	1	1.34mi
7801 Lloyd Ave Unit 105 Pittsburgh, PA	1.0	1.0	750	$970	$1.29	23d	1	1.48mi
1003 Smokey Wood Dr Swissvale, PA	1.0–2.0	1.0	874	$1,475	$1.69	4d	4	1.48mi

Listing history 8 events

1. 2026-05-18
   historical Contingent 572-char remark

   Show marketing remark (572 chars)

   When looking at the street level view of this cozy adorable bungalow, you can hardly imagine that it has TWO lower levels and very usable walk-out basements! In addition to the gleaming floors, the first level has a nice size living room and an eat-in kitchen. It is easy to imagine yourself relaxing on the fully enclosed three-season back porch. The oversized side yard and lower-level backyard give you a park-like feeling while being around the corner from public transportation and easy access to shopping and dining. Come and discover this hidden jewel for yourself!

2. 2026-05-11
   status Active 572-char remark

   Show marketing remark (572 chars)

   When looking at the street level view of this cozy adorable bungalow, you can hardly imagine that it has TWO lower levels and very usable walk-out basements! In addition to the gleaming floors, the first level has a nice size living room and an eat-in kitchen. It is easy to imagine yourself relaxing on the fully enclosed three-season back porch. The oversized side yard and lower-level backyard give you a park-like feeling while being around the corner from public transportation and easy access to shopping and dining. Come and discover this hidden jewel for yourself!

3. 2026-04-28
   historical Contingent 572-char remark

   Show marketing remark (572 chars)

   When looking at the street level view of this cozy adorable bungalow, you can hardly imagine that it has TWO lower levels and very usable walk-out basements! In addition to the gleaming floors, the first level has a nice size living room and an eat-in kitchen. It is easy to imagine yourself relaxing on the fully enclosed three-season back porch. The oversized side yard and lower-level backyard give you a park-like feeling while being around the corner from public transportation and easy access to shopping and dining. Come and discover this hidden jewel for yourself!

4. 2026-04-08
   price $125,000 572-char remark

   Show marketing remark (572 chars)

   When looking at the street level view of this cozy adorable bungalow, you can hardly imagine that it has TWO lower levels and very usable walk-out basements! In addition to the gleaming floors, the first level has a nice size living room and an eat-in kitchen. It is easy to imagine yourself relaxing on the fully enclosed three-season back porch. The oversized side yard and lower-level backyard give you a park-like feeling while being around the corner from public transportation and easy access to shopping and dining. Come and discover this hidden jewel for yourself!

5. 2025-10-21
   listed $140,000 Active 572-char remark

   Show marketing remark (572 chars)

   When looking at the street level view of this cozy adorable bungalow, you can hardly imagine that it has TWO lower levels and very usable walk-out basements! In addition to the gleaming floors, the first level has a nice size living room and an eat-in kitchen. It is easy to imagine yourself relaxing on the fully enclosed three-season back porch. The oversized side yard and lower-level backyard give you a park-like feeling while being around the corner from public transportation and easy access to shopping and dining. Come and discover this hidden jewel for yourself!

6. 2008-06-30
   soldstatus $20,000
7. 2008-06-13
   soldstatus $20,000 302-char remark

   Show marketing remark (302 chars)

   CLEAN 2BR-4ROOM RANCH ALMOST LEVEL TO STREET, OAK FLRS, PELLA MP WINDOWS. 2 FULL BASEMNTS; UPPER IS SEMI-FINISHD W/ WOOD FLOORS (2ND BATH)-GREAT MOSTLY OPEN SPACE! LOWER BSMNT- UTILITIES + STORAGE & ACCESS YARD. GREAT LOT! WARRANTY! SELLER TO UPDATE ELECT & ROOF-OR SELL AT DISCOUNT! OFFERS!!

8. 2008-04-01
   listed $29,500 302-char remark

   Show marketing remark (302 chars)

   CLEAN 2BR-4ROOM RANCH ALMOST LEVEL TO STREET, OAK FLRS, PELLA MP WINDOWS. 2 FULL BASEMNTS; UPPER IS SEMI-FINISHD W/ WOOD FLOORS (2ND BATH)-GREAT MOSTLY OPEN SPACE! LOWER BSMNT- UTILITIES + STORAGE & ACCESS YARD. GREAT LOT! WARRANTY! SELLER TO UPDATE ELECT & ROOF-OR SELL AT DISCOUNT! OFFERS!!

ⓘ 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: $379 · $32/mo
• Projected year-2 tax: $1,177 · $98/mo
• Expected delta: +$798/yr (+$67/mo · 210.7%)

ⓘ 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 3/10 Moderate 7 d/yr ≥98°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,452
• − Mortgage interest: −$7,002
• − Property taxes: −$379
• − Insurance: −$625
• − Repairs & maintenance: −$996
• − Management: −$996
• − Depreciation: −$3,636
• Taxable loss: −$1,183
• Est. tax savings @ 24.0%: +$284
• After-tax cash flow: $1,251/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: Woodland Hills SD
• NCES district ID: 4216500
• Math proficiency: 13% ▼ -13.00%
• Reading proficiency: 30% ▼ -10.00%
• Median HH income: $41,803
• Composite: 18.31/100
• National rank: #8954
• State rank: #486 of 539 in PA

Livability — North Braddock

• Score: 73/100
• State rank: #550
• US rank: #5126

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Braddock, PA
• County: Allegheny County · 1,022,028 people
• City population: 7,946
• Metro: Pittsburgh, PA
• Population (ZIP): 8,034
• Household income: $40,104
• Rent vs Own: 56.3% rent · 43.7% own
• Severe rent burden: 515.0

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: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Black 59% White 31% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Romanian 4% Hispanic 1% Lithuanian 1%
• Foreign-born: 0%
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -1.62%
• Current HPI: 138.912
• Rent YoY: —
• 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

+323.7% since first listed

8 events — show timeline

• 2026-05-18 Contingent — West Penn MLS
• 2026-05-11 Relisted — West Penn MLS
• 2026-04-28 Contingent — West Penn MLS
• 2026-04-08 Price Changed $125,000 West Penn MLS
• 2025-10-21 Listed $140,000 West Penn MLS
• 2008-06-30 Sold (Public Records) $20,000 Public Records
• 2008-06-13 Sold (MLS) $20,000 West Penn MLS
• 2008-04-01 Listed $29,500 West Penn MLS

Property tax history

-2.6%/yr

Latest (2026): $379 · +2.9% YoY. Source: county tax records.