517 Carothers Ave · Scott, PA 15106

$179,000

2 bd · 2.0 ba · 841 sqft · MultiFamily public records · 85 Days on market

Built 1910 2,927 sqft lot

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Why this score? — see what drove the B- 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 +29.2/30.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +7.4/10.0
• Schools +4.1/10.0
• Rent growth +3.9/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Charming cash flowing duplex in the heart of Carnegie that features two newly updated units. Both units are rented for $875 each (total $1,750/month). Tenants pay all utilities except for cooking gas (gas ranges, all other appliances and HVAC are electric). Updates throughout including new mini splits and new water heaters in both units.

Key facts

• Cash flowing duplex
• Newly updated units
• New water heaters

Tags

• CASH FLOWING DUPLEX
• NEWLY UPDATED UNITS
• NEW MINI SPLITS
• NEW WATER HEATERS

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/2.0-bath units multifamily listed at $179k.

Deal economics

• At list price, monthly cash flow is $622 ($7k/yr) — positive. Per door: $311/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $179k).
• Recommended offer: $168k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Chartiers Valley SD (suburban): math 37% / reading 57% proficiency, ranked #221 of 539 in PA (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+5.5%/yr); 67 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 8d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
• This rent runs 34% of the median local income ($77k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 5.5% rent growth), your $50k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 85 days — a 6% lower offer ($168k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 19y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $82k; list at $179k implies a 118% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1910 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $168,260 (6.0% below list)

Questions for the listing agent

1. It's been on market 85 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1910 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.24% ✓
• Cap rate: 10.46%
• Cash-on-cash: 14.88%
• DSCR: 1.66
• GRM: 6.7

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 5.45% rent growth · sell at horizon

5-year hold

• IRR: 8.0%
• Equity multiple: 1.32×
• Total profit: $16,152
• Equity at exit: $26,689

10-year hold

• IRR: 19.2%
• Equity multiple: 2.78×
• Total profit: $89,090
• Equity at exit: $15,477

Cash invested: $50,120 (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 15106

• Home prices YoY: -31.9%
• Rents YoY: 5.5%
• Active inventory: 67
• Price-to-rent: 13.4×

Monthly cashflow live

• Estimated rent: $2,219 medium
• Mortgage (P&I): −$939
• Tax from tax record: −$118 /mo · $1,418/yr
• Insurance: −$75
• HOA: −$0
• Vacancy / Maint / Mgmt: −$466
• Net cashflow: $622

Break-even live

Break-even rent $1,432

Max offer price $179,000

Occupancy floor 67%

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	2	$2,220
Total (2 units)			$2,219

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: $44,750
• Closing costs: $5,370
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
457 Carothers Ave Unit 6 Carnegie, PA	1.0	1.0	700	$850	$1.21	7d	1	0.05mi
851 Kennedy St Carnegie, PA	3.0	1.0	1100	$1,800	$1.64	23d	1	0.16mi
830 Library Ave Carnegie, PA	1.0	1.0	570	$1,295	$2.27	23d	1	0.19mi
830 Library Ave Unit 2A Carnegie, PA	1.0	1.0	570	$1,295	$2.27	7d	1	0.19mi
830 Library Ave Apt 2D Carnegie, PA	1.0	1.0	570	$1,295	$2.27	4d	1	0.19mi
834 Washington Ave Carnegie, PA	1.0–2.0	1.0–2.0	1026	$1,638	$1.60	2d	11	0.29mi
1640 Ellsworth Ave Unit 2 Heidelberg, PA	2.0	1.0	750	$1,125	$1.50	17d	1	0.46mi
622 Logan St Unit 2 Carnegie, PA	2.0	1.0	700	$1,055	$1.51	23d	1	0.47mi
523 Grant Ave Fl 2 Carnegie, PA	1.0	1.0	1000	$1,100	$1.10	43d	1	0.53mi
1900 Tee Ct Presto, PA	1.0–3.0	1.0–2.0	981	$1,756	$1.79	1d	9	0.90mi
135 Greenbriar Dr Pittsburgh, PA	3.0	1.0	950	$1,550	$1.63	4d	1	1.19mi

Listing history 27 events

1. 2026-06-18
   days on market $179,000 Active 85 DOM
2. 2026-06-17
   days on market $179,000 Active 84 DOM
3. 2026-06-16
   days on market $179,000 Active 83 DOM
4. 2026-06-15
   days on market $179,000 Active 82 DOM
5. 2026-06-13
   days on market $179,000 Active 80 DOM
6. 2026-06-09
   days on market $179,000 Active 76 DOM
7. 2026-06-08
   days on market $179,000 Active 75 DOM
8. 2026-06-07
   days on market $179,000 Active 74 DOM
9. 2026-06-05
   days on market $179,000 Active 71 DOM
10. 2026-06-03
    days on market $179,000 Active 70 DOM
11. 2026-06-02
    days on market $179,000 Active 69 DOM
12. 2026-06-01
    days on market $179,000 Active 68 DOM
13. 2026-05-31
    days on market $179,000 Active 67 DOM
14. 2026-03-25
    listed $179,000 Active 339-char remark

    Show marketing remark (339 chars)

    Charming cash flowing duplex in the heart of Carnegie that features two newly updated units. Both units are rented for $875 each (total $1,750/month). Tenants pay all utilities except for cooking gas (gas ranges, all other appliances and HVAC are electric). Updates throughout including new mini splits and new water heaters in both units.

15. 2025-05-21
    soldstatus $82,000 Closed 917-char remark

    Show marketing remark (917 chars)

    Discover a fantastic investment opportunity with this up-and-down style duplex in the heart of Scott Township, within the Chartiers Valley School District. Featuring separate gas and electric meters, this property is ideal for investors or owner-occupants looking to generate rental income. With just a little TLC, both units will be rent-ready. Laundry hookups in top floor unit. All room sizes are generous! Located in a highly rentable area, this duplex offers unparalleled convenience. Just minutes from I-79, I-376, and Route 50, commuting to downtown Pittsburgh or beyond is a breeze. Situated approximately 20 minutes from Pittsburgh International Airport, it’s perfect for tenants seeking easy travel access. Plus, it's close to local destinations such as Carnegie, Heidelberg, and Bridgeville, offering a variety of shopping, dining, and entertainment options. Don't miss out on this prime opportunity!

16. 2025-04-30
    status Pending 917-char remark

    Show marketing remark (917 chars)

    Discover a fantastic investment opportunity with this up-and-down style duplex in the heart of Scott Township, within the Chartiers Valley School District. Featuring separate gas and electric meters, this property is ideal for investors or owner-occupants looking to generate rental income. With just a little TLC, both units will be rent-ready. Laundry hookups in top floor unit. All room sizes are generous! Located in a highly rentable area, this duplex offers unparalleled convenience. Just minutes from I-79, I-376, and Route 50, commuting to downtown Pittsburgh or beyond is a breeze. Situated approximately 20 minutes from Pittsburgh International Airport, it’s perfect for tenants seeking easy travel access. Plus, it's close to local destinations such as Carnegie, Heidelberg, and Bridgeville, offering a variety of shopping, dining, and entertainment options. Don't miss out on this prime opportunity!

17. 2025-04-16
    status Active 917-char remark

    Show marketing remark (917 chars)

    Discover a fantastic investment opportunity with this up-and-down style duplex in the heart of Scott Township, within the Chartiers Valley School District. Featuring separate gas and electric meters, this property is ideal for investors or owner-occupants looking to generate rental income. With just a little TLC, both units will be rent-ready. Laundry hookups in top floor unit. All room sizes are generous! Located in a highly rentable area, this duplex offers unparalleled convenience. Just minutes from I-79, I-376, and Route 50, commuting to downtown Pittsburgh or beyond is a breeze. Situated approximately 20 minutes from Pittsburgh International Airport, it’s perfect for tenants seeking easy travel access. Plus, it's close to local destinations such as Carnegie, Heidelberg, and Bridgeville, offering a variety of shopping, dining, and entertainment options. Don't miss out on this prime opportunity!

18. 2025-04-05
    historical Contingent 917-char remark

    Show marketing remark (917 chars)

    Discover a fantastic investment opportunity with this up-and-down style duplex in the heart of Scott Township, within the Chartiers Valley School District. Featuring separate gas and electric meters, this property is ideal for investors or owner-occupants looking to generate rental income. With just a little TLC, both units will be rent-ready. Laundry hookups in top floor unit. All room sizes are generous! Located in a highly rentable area, this duplex offers unparalleled convenience. Just minutes from I-79, I-376, and Route 50, commuting to downtown Pittsburgh or beyond is a breeze. Situated approximately 20 minutes from Pittsburgh International Airport, it’s perfect for tenants seeking easy travel access. Plus, it's close to local destinations such as Carnegie, Heidelberg, and Bridgeville, offering a variety of shopping, dining, and entertainment options. Don't miss out on this prime opportunity!

19. 2025-04-02
    listed $100,000 Active 917-char remark

    Show marketing remark (917 chars)

    Discover a fantastic investment opportunity with this up-and-down style duplex in the heart of Scott Township, within the Chartiers Valley School District. Featuring separate gas and electric meters, this property is ideal for investors or owner-occupants looking to generate rental income. With just a little TLC, both units will be rent-ready. Laundry hookups in top floor unit. All room sizes are generous! Located in a highly rentable area, this duplex offers unparalleled convenience. Just minutes from I-79, I-376, and Route 50, commuting to downtown Pittsburgh or beyond is a breeze. Situated approximately 20 minutes from Pittsburgh International Airport, it’s perfect for tenants seeking easy travel access. Plus, it's close to local destinations such as Carnegie, Heidelberg, and Bridgeville, offering a variety of shopping, dining, and entertainment options. Don't miss out on this prime opportunity!

20. 2013-08-12
    listed $57,500
21. 2011-09-11
    listed $63,900
22. 2010-11-29
    listed $64,900
23. 2007-07-11
    soldstatus $60,000
24. 2007-07-10
    soldstatus $60,000
25. 2007-06-14
    listed $62,000
26. 1988-11-16
    soldstatus $22,800
27. 1986-05-13
    soldstatus $45,000

ⓘ 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: $1,418 · $118/mo
• Projected year-2 tax: $2,123 · $177/mo
• Expected delta: +$705/yr (+$59/mo · 49.7%)

ⓘ 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 4/10 Moderate 7 d/yr ≥96°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,628
• − Mortgage interest: −$10,027
• − Property taxes: −$1,418
• − Insurance: −$895
• − Repairs & maintenance: −$2,130
• − Management: −$2,130
• − Depreciation: −$5,207
• Taxable income: $4,820
• Est. tax owed @ 24.0%: −$1,157
• After-tax cash flow: $6,302/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: Chartiers Valley SD
• NCES district ID: 4205700
• Math proficiency: 37% ▼ -16.00%
• Reading proficiency: 57% ▼ -17.00%
• Median HH income: $57,191
• Composite: 40.91/100
• National rank: #3614
• State rank: #221 of 539 in PA

Livability — Scott

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Glendale, PA
• County: Allegheny County · 1,022,028 people
• Metro: Pittsburgh, PA
• Population (ZIP): 19,244
• Household income: $77,247
• Rent vs Own: 32.9% rent · 67.1% own
• Severe rent burden: 410.0

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 (82%)
• Race & ethnicity: White 82% Black 8% Two or more races 6% Asian 2% Hispanic / Latino 2%
• Common ancestry: Romanian 11% Lithuanian 2% Subsaharan African 2%
• Foreign-born: 5%
• Languages at home: 94% English-only · Other Indo-European 2% Arabic 1% Russian/Polish/Slavic 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: ▼ -119.52%
• Current HPI: 255.0295
• Rent YoY: ▲ 5.45%
• 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

+297.8% since first listed

14 events — show timeline

• 2026-03-25 Listed $179,000 West Penn MLS
• 2025-05-21 Sold (MLS) $82,000 West Penn MLS
• 2025-04-30 Pending — West Penn MLS
• 2025-04-16 Relisted — West Penn MLS
• 2025-04-05 Contingent — West Penn MLS
• 2025-04-02 Listed $100,000 West Penn MLS
• 2013-08-12 Listed $57,500 West Penn MLS
• 2011-09-11 Listed $63,900 West Penn MLS
• 2010-11-29 Listed $64,900 West Penn MLS
• 2007-07-11 Sold (Public Records) $60,000 Public Records
• 2007-07-10 Sold (MLS) $60,000 West Penn MLS
• 2007-06-14 Listed $62,000 West Penn MLS
• 1988-11-16 Sold (Public Records) $22,800 Public Records
• 1986-05-13 Sold (Public Records) $45,000 Public Records

Property tax history

+2.5%/yr

Latest (2026): $1,418 · +0.0% YoY. Source: county tax records.