129 E Vine St · Chambersburg, PA 17201

$139,900

3 bd · 1.0 ba · 1,555 sqft · Other · 63 Days on market

Built 1920 1,742 sqft lot $90/sqft · 25% below area Est $187k · 25% under

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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 +28.5/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.0/10.0
• Livability +3.7/5.0
• Rent growth +3.6/5.0
• Schools +3.2/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This Colonial ideally located just steps from Wilson College and only minutes from Historic Downtown Chambersburg. This home key features 3 bedrooms, 1 full bath, Central Air installed in 2009 Updated kitchen cabinets, Fenced rear yard — great for pets, play, or gardening. Convenient location close to schools, shopping, dining, and commuter routes. This home offers a wonderful opportunity for first‑time buyers, downsizers, or anyone seeking a well‑located Chambersburg property. Property being sold as is with no repairs.

Key facts

• 1,742 sq ft lot
• Built 1920
• Listed 62 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $140k.

Deal economics

• At list price, monthly cash flow is $458 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $132k (6.0% below list) — sets the bar for market timing.
• Cap rate 10.2% vs local median 3.9% in Chambersburg — 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 74/100 on livability (#530 in PA, #4,894 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: amenities D+, crime D, employment D.
• Chambersburg Area SD (other): math 26% / reading 48% proficiency, ranked #383 of 539 in PA (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.4%/yr); 162 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 633 units permitted in Franklin County in 2024 (112 in 5+ unit buildings).
• This rent runs 33% of the median local income ($61k/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 $967 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 4.4% rent growth), your $39k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 29y ago; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $59k; list at $140k implies a 137% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $131,506 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 6% 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. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.20% ✓
• Cap rate: 10.22%
• Cash-on-cash: 14.04%
• DSCR: 1.62
• GRM: 7.0

CMA / ARV

• ARV (median comp): $187,051
• List price: $139,900
• Delta: -25.21%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 4.37% rent growth · sell at horizon

5-year hold

• IRR: 5.7%
• Equity multiple: 1.23×
• Total profit: $8,819
• Equity at exit: $20,860

10-year hold

• IRR: 16.2%
• Equity multiple: 2.40×
• Total profit: $54,987
• Equity at exit: $12,096

Cash invested: $39,172 (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 17201

• Home prices YoY: -20.3%
• Rents YoY: 4.4%
• Active inventory: 162
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,675 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$73 /mo · $880/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$352
• Net cashflow: $458

Break-even live

Break-even rent $1,095

Max offer price $139,900

Occupancy floor 68%

Sensitivity live

Price	-10% $537	-5% $498	+0% $458	+5% $419	+10% $379
Rent	-10% $326	-5% $392	+0% $458	+5% $524	+10% $591
Rate	-1.0pp $529	-0.5pp $494	base $458	+0.5pp $422	+1.0pp $385

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
548 Nelson St Chambersburg, PA	3.0	1.0	1290	$1,500	$1.16	45d	1	0.67mi
330 Parkwood Dr Chambersburg, PA	2.0	2.0	1841	$2,300	$1.25	45d	1	1.24mi

Listing history 30 events

1. 2026-06-19
   days on market $139,900 Active 63 DOM
2. 2026-06-18
   days on market $139,900 Active 62 DOM
3. 2026-06-17
   days on market $139,900 Active 61 DOM
4. 2026-06-16
   days on market $139,900 Active 60 DOM
5. 2026-06-15
   days on market $139,900 Active 59 DOM
6. 2026-06-14
   days on market $139,900 Active 57 DOM
7. 2026-06-12
   days on market $139,900 Active 56 DOM
8. 2026-06-09
   days on market $139,900 Active 53 DOM
9. 2026-06-08
   days on market $139,900 Active 52 DOM
10. 2026-06-07
    days on market $139,900 Active 51 DOM
11. 2026-06-03
    days on market $139,900 Active 47 DOM
12. 2026-06-02
    days on market $139,900 Active 46 DOM
13. 2026-06-01
    days on market $139,900 Active 45 DOM
14. 2026-05-31
    days on market $139,900 Active 44 DOM
15. 2026-05-30
    days on market $139,900 Active 43 DOM
16. 2026-05-08
    price $139,900 533-char remark

    Show marketing remark (533 chars)

    This Colonial ideally located just steps from Wilson College and only minutes from Historic Downtown Chambersburg. This home key features 3 bedrooms, 1 full bath, Central Air installed in 2009 Updated kitchen cabinets, Fenced rear yard — great for pets, play, or gardening. Convenient location close to schools, shopping, dining, and commuter routes. This home offers a wonderful opportunity for first‑time buyers, downsizers, or anyone seeking a well‑located Chambersburg property. Property being sold as is with no repairs.

17. 2026-05-06
    price $144,900 533-char remark

    Show marketing remark (533 chars)

    This Colonial ideally located just steps from Wilson College and only minutes from Historic Downtown Chambersburg. This home key features 3 bedrooms, 1 full bath, Central Air installed in 2009 Updated kitchen cabinets, Fenced rear yard — great for pets, play, or gardening. Convenient location close to schools, shopping, dining, and commuter routes. This home offers a wonderful opportunity for first‑time buyers, downsizers, or anyone seeking a well‑located Chambersburg property. Property being sold as is with no repairs.

18. 2026-04-17
    listed $149,900 Active 533-char remark

    Show marketing remark (533 chars)

    This Colonial ideally located just steps from Wilson College and only minutes from Historic Downtown Chambersburg. This home key features 3 bedrooms, 1 full bath, Central Air installed in 2009 Updated kitchen cabinets, Fenced rear yard — great for pets, play, or gardening. Convenient location close to schools, shopping, dining, and commuter routes. This home offers a wonderful opportunity for first‑time buyers, downsizers, or anyone seeking a well‑located Chambersburg property. Property being sold as is with no repairs.

19. 2009-12-02
    historical
20. 2009-12-02
    historical
21. 2007-12-07
    listed $140,000
22. 2007-12-07
    listed
23. 2007-10-23
    historical
24. 2007-04-23
    listed
25. 1997-05-08
    soldstatus $59,000
26. 1997-05-08
    soldstatus $59,000
27. 1997-05-05
    historical
28. 1997-05-02
    listed $59,900
29. 1997-03-05
    historical
30. 1997-02-13
    listed $59,000

ⓘ 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: $880 · $73/mo
• Projected year-2 tax: $1,545 · $129/mo
• Expected delta: +$665/yr (+$55/mo · 75.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 24% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥101°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,104
• − Mortgage interest: −$7,837
• − Property taxes: −$880
• − Insurance: −$700
• − Repairs & maintenance: −$1,608
• − Management: −$1,608
• − Depreciation: −$4,070
• Taxable income: $3,401
• Est. tax owed @ 24.0%: −$816
• After-tax cash flow: $4,682/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: Chambersburg Area SD
• NCES district ID: 4205550
• Math proficiency: 26% ▼ -17.00%
• Reading proficiency: 48% ▼ -16.00%
• Median HH income: $52,666
• Composite: 32.17/100
• National rank: #5787
• State rank: #383 of 539 in PA

Livability — Chambersburg

• Score: 74/100
• State rank: #530
• US rank: #4894

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Chambersburg, PA
• County: Franklin County · 56,916 people
• City population: 27,554
• Metro: Chambersburg-Waynesboro, PA
• Population (ZIP): 27,554
• Household income: $61,234
• Rent vs Own: 51.6% rent · 48.4% own
• Severe rent burden: 1306.0

Population outlook (Franklin County) Hauer SSP2

• Today (2025): 157,827 people
• By 2030: 158,933 · +0.7%
• By 2040: 159,060 · +0.8%
• By 2050: 155,132 · -1.7%
• By 2075: 138,545 · -12.2%
• By 2100: 112,321 · -28.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 18% Black 8% Two or more races 7% Native American 1% Asian 1%
• Hispanic origin (detail): Mexican 6% Puerto Rican 2% Dominican 1%
• Common ancestry: Serbian 3% Slovak 2% Romanian 1%
• Foreign-born: 8% · Canada, China
• Languages at home: 85% English-only · Spanish 13% French/Haitian/Cajun 1%

Political lean MEDSL · Franklin

• 2024 margin: Solid R (+43.0) · D 28.1% · R 71.1%
• 2008→2024 swing: -10.4pp toward R · 2008: -32.6pp · 2024: -43.0pp
• All cycles: 2024: R+43.0 2020: R+43.1 2016: R+46.5 2012: R+38.5 2008: R+32.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -63.07%
• Current HPI: 247.913
• Rent YoY: ▲ 4.37%
• Metro: Chambersburg-Waynesboro, 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

+137.1% since first listed

15 events — show timeline

• 2026-05-08 Price Changed $139,900 BRIGHT MLS
• 2026-05-06 Price Changed $144,900 BRIGHT MLS
• 2026-04-17 Listed $149,900 BRIGHT MLS
• 2009-12-02 Delisted — MRIS
• 2009-12-02 Listing Removed — BRIGHT MLS
• 2007-12-07 Listed — MRIS
• 2007-12-07 Listed $140,000 BRIGHT MLS
• 2007-10-23 Delisted — MRIS
• 2007-04-23 Listed — MRIS
• 1997-05-08 Sold (MLS) $59,000 MRIS
• 1997-05-08 Sold (MLS) $59,000 MRIS
• 1997-05-05 Delisted — MRIS
• 1997-05-02 Listed $59,900 MRIS
• 1997-03-05 Delisted — MRIS
• 1997-02-13 Listed $59,000 MRIS

Property tax history

+11.9%/yr

Latest (2026): $880 · +2.0% YoY. Source: county tax records.