17 Norwood St · McKees Rocks, PA 15136

$70,000

1 bd · 1.0 ba · 957 sqft · SingleFamily public records · 126 Days on market

Built 1920 4,874 sqft lot Est $68k · at est.

---

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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +6.1/15.0
• Rent growth +5.0/5.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Introducing a charming 1BR 1B home nestled on nearly 1-acre of picturesque land on the border of McKees Rocks & Kennedy Twp. This cozy residence offers a perfect retreat form the bustling city, with the serenity of spacious greenery surrounding it. As you step inside, you'll find a well-designed living space that maximizes comfort and functionality. Easily transition to each room where you are invited into an atmosphere for work, relaxation and entertainment. What truly sets this property apart is its vast outdoor space, perfect for nature enthusiasts, gardeners, or those seeking a private oasis. Imagine hosting gatherings on the outdoor patio, or simply unwinding in the shade of mature trees. Conveniently located in McKees Rocks, you're just a short drive away from city amenities, while still enjoying the tranquility of rural living. This property is a unique opportunity to own a piece of nature and a cozy home. Don't miss the chance to make this home you own!

Key facts

• Outside patio
• Vast outdoor space
• One acre of land

Tags

• ONE ACRE OF LAND
• VAST OUTDOOR SPACE
• OUTSIDE PATIO
• MATURE TREES

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $376 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $62k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.7% vs local median 10.0% in McKees Rocks — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 82/100 on livability (#143 in PA, #1,154 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, employment 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); 127 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $484 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $20k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 126 days — a 12% lower offer ($62k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago; this cycle's ask has dropped $15k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $32k; list at $70k implies a 119% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $61,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 126 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 1920 — 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: 1.59% ✓
• Cap rate: 12.74%
• Cash-on-cash: 23.04%
• DSCR: 2.02
• GRM: 5.2

CMA / ARV

• ARV (on-the-fly): $67,947
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
17 Norwood St	0.00mi	1/1.0	957 (0%)	1mo	$63,000	$66	100
1101 11th St	0.26mi	2/1.0 (+1)	937 (-2%)	10mo	$42,500	$45	71
211 Hickory St	0.13mi	2/1.0 (+1)	906 (-5%)	13mo	$40,000	$44	69
1435 Conroy St	0.05mi	2/1.0 (+1)	1,056 (+10%)	13mo	$111,000	$105	65
1140 Taggart St	0.61mi	2/1.0 (+1)	931 (-3%)	4mo	$25,000	$27	58
1238 Church Ave	0.47mi	2/1.0 (+1)	1,070 (+12%)	3mo	$40,000	$37	51
92 Highland Ave	0.57mi	2/1.0 (+1)	1,024 (+7%)	12mo	$125,000	$122	46
45 Harlem Ave	0.68mi	2/2.0 (+1)	1,004 (+5%)	7mo	$148,000	$147	46
87 Harlem Ave	0.60mi	2/1.0 (+1)	924 (-3%)	19mo	$66,000	$71	45
100 Highland Ave	0.56mi	2/1.5 (+1)	1,024 (+7%)	13mo	$132,500	$129	44
331 Fair Oaks St	0.62mi	2/1.0 (+1)	880 (-8%)	16mo	$40,136	$46	39
401 Russellwood Ave	0.46mi	2/1.5 (+1)	1,100 (+15%)	16mo	$116,000	$105	33

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 21.7%
• Equity multiple: 1.95×
• Total profit: $18,549
• Equity at exit: $10,437

10-year hold

• IRR: 33.0%
• Equity multiple: 4.77×
• Total profit: $73,976
• Equity at exit: $6,052

Cash invested: $19,600 (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 15136

• Home prices YoY: -30.4%
• Rents YoY: 13.1%
• Active inventory: 127
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,116 high
• Mortgage (P&I): −$367
• Tax from tax record: −$109 /mo · $1,309/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$234
• Net cashflow: $376

Break-even live

Break-even rent $640

Max offer price $70,000

Occupancy floor 61%

Sensitivity live

Price	-10% $416	-5% $396	+0% $376	+5% $356	+10% $337
Rent	-10% $288	-5% $332	+0% $376	+5% $420	+10% $464
Rate	-1.0pp $412	-0.5pp $394	base $376	+0.5pp $358	+1.0pp $340

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
214 Wright St Unit Na McKees Rocks, PA	2.0	1.0	954	$1,175	$1.23	15d	1	0.26mi
705 Russellwood Ave Apt 1 McKees Rocks, PA	2.0	1.0	800	$1,549	$1.94	25d	1	0.32mi
114 Singer Ave McKees Rocks, PA	1.0	1.0	650	$800	$1.23	45d	1	0.34mi
933 Woodward Ave Unit NA McKees Rocks, PA	2.0	1.0	1100	$1,400	$1.27	21d	1	0.39mi
933 Woodward Ave Unit MC McKees Rocks, PA	2.0	1.0	1100	$1,400	$1.27	25d	1	0.39mi
614 Woodward Ave McKees Rocks, PA	2.0	1.0	1000	$950	$0.95	8d	1	0.46mi
802 13th St Unit 2 McKees Rocks, PA	2.0	1.0	1100	$920	$0.84	45d	1	0.50mi
907 Chartiers Ave Unit 2 McKees Rocks, PA	2.0	1.0	900	$1,100	$1.22	25d	1	0.73mi
178 W Prospect Ave Pittsburgh, PA	2.0	1.0	1035	$975	$0.94	45d	1	1.48mi

Listing history 10 events

1. 2026-03-26
   status Pending
2. 2026-02-10
   historical Contingent
3. 2026-01-13
   price $70,000
4. 2025-11-18
   listed $85,000 Active
5. 2024-06-26
   price $135,000 981-char remark

   Show marketing remark (981 chars)

   Introducing a charming 1BR 1B home nestled on nearly 1-acre of picturesque land on the border of McKees Rocks & Kennedy Twp. This cozy residence offers a perfect retreat form the bustling city, with the serenity of spacious greenery surrounding it. As you step inside, you'll find a well-designed living space that maximizes comfort and functionality. Easily transition to each room where you are invited into an atmosphere for work, relaxation and entertainment. What truly sets this property apart is its vast outdoor space, perfect for nature enthusiasts, gardeners, or those seeking a private oasis. Imagine hosting gatherings on the outdoor patio, or simply unwinding in the shade of mature trees. Conveniently located in McKees Rocks, you're just a short drive away from city amenities, while still enjoying the tranquility of rural living. This property is a unique opportunity to own a piece of nature and a cozy home. Don't miss the chance to make this home you own!

6. 2024-02-28
   price $145,000 981-char remark

   Show marketing remark (981 chars)

   Introducing a charming 1BR 1B home nestled on nearly 1-acre of picturesque land on the border of McKees Rocks & Kennedy Twp. This cozy residence offers a perfect retreat form the bustling city, with the serenity of spacious greenery surrounding it. As you step inside, you'll find a well-designed living space that maximizes comfort and functionality. Easily transition to each room where you are invited into an atmosphere for work, relaxation and entertainment. What truly sets this property apart is its vast outdoor space, perfect for nature enthusiasts, gardeners, or those seeking a private oasis. Imagine hosting gatherings on the outdoor patio, or simply unwinding in the shade of mature trees. Conveniently located in McKees Rocks, you're just a short drive away from city amenities, while still enjoying the tranquility of rural living. This property is a unique opportunity to own a piece of nature and a cozy home. Don't miss the chance to make this home you own!

7. 2023-11-07
   listed $159,900 Active 981-char remark

   Show marketing remark (981 chars)

   Introducing a charming 1BR 1B home nestled on nearly 1-acre of picturesque land on the border of McKees Rocks & Kennedy Twp. This cozy residence offers a perfect retreat form the bustling city, with the serenity of spacious greenery surrounding it. As you step inside, you'll find a well-designed living space that maximizes comfort and functionality. Easily transition to each room where you are invited into an atmosphere for work, relaxation and entertainment. What truly sets this property apart is its vast outdoor space, perfect for nature enthusiasts, gardeners, or those seeking a private oasis. Imagine hosting gatherings on the outdoor patio, or simply unwinding in the shade of mature trees. Conveniently located in McKees Rocks, you're just a short drive away from city amenities, while still enjoying the tranquility of rural living. This property is a unique opportunity to own a piece of nature and a cozy home. Don't miss the chance to make this home you own!

8. 1989-04-25
   soldstatus $32,000
9. 1989-01-17
   soldstatus $1,892
10. 1986-03-14
    soldstatus $39,000

ⓘ 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: $1,309 · $109/mo
• Projected year-2 tax: $1,309 · $109/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: $13,392
• − Mortgage interest: −$3,921
• − Property taxes: −$1,309
• − Insurance: −$350
• − Repairs & maintenance: −$1,071
• − Management: −$1,071
• − Depreciation: −$2,036
• Taxable income: $3,632
• Est. tax owed @ 24.0%: −$872
• After-tax cash flow: $3,643/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 — McKees Rocks

• Score: 82/100
• State rank: #143
• US rank: #1154

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: McKees Rocks, PA
• County: Allegheny County · 1,022,028 people
• City population: 22,623
• 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

+79.5% since first listed

10 events — show timeline

• 2026-03-26 Pending — West Penn MLS
• 2026-02-10 Contingent — West Penn MLS
• 2026-01-13 Price Changed $70,000 West Penn MLS
• 2025-11-18 Listed $85,000 West Penn MLS
• 2024-06-26 Price Changed $135,000 West Penn MLS
• 2024-02-28 Price Changed $145,000 West Penn MLS
• 2023-11-07 Listed $159,900 West Penn MLS
• 1989-04-25 Sold (Public Records) $32,000 Public Records
• 1989-01-17 Sold (Public Records) $1,892 Public Records
• 1986-03-14 Sold (Public Records) $39,000 Public Records

Property tax history

+1.0%/yr

Latest (2026): $1,309 · +4.1% YoY. Source: county tax records.