407 Alexander St · McKees Rocks, PA 15136

$90,000

3 bd · 1.0 ba · 1,394 sqft · SingleFamily public records · 44 Days on market

Built 1900 2,400 sqft lot $65/sqft · 91% above area Est $65k · 37% over

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

Listing remarks MLS

Charming 3 Bed, 1 Bath House at the End of a quiet street. This delightful 3-bedroom, 1-bathroom house is at the quiet end of a picturesque street in McKees Rocks, PA. This property offers both comfort and . From the beautiful floors of the kitchen to the refurbished, yet classic living room, this is a cozy home with updated/refurbished features and within very close proximity to downtown Pittsburgh and the Northside. Some of the Key Features: 3 bedrooms, 1bathroom, new kitchen and dinning room floors, refurbished carpet in the living room and quality appliances in the kitchen. Within minutes of Downtown Pittsburgh and the Northside.

Key facts

• 2,400 sq ft lot
• Built 1900
• Listed 43 days

Property features AI

Finance

• HOA & community: Public transportation access

Exterior

• Parking: On-street parking
• Home design: 2-story frame house
• Construction: Frame construction
• Exterior features: Lot dimensions approximately 24 x 100

Interior

• Bathrooms: 1 full bathroom
• Interior features: Resale condition

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $490 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $90k).
• Recommended offer: $87k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.8% 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; 21 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 $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $25k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 44 days — a 3% lower offer ($87k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 5y ago; this cycle's ask has dropped $20k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $35k; list at $90k implies a 157% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $87,300 (3.0% below list)

Questions for the listing agent

1. It's been on market 44 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.62% ✓
• Cap rate: 12.82%
• Cash-on-cash: 23.31%
• DSCR: 2.04
• GRM: 5.2

CMA / ARV

• ARV (median comp): $65,463
• List price: $90,000
• Delta: 37.48%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
853 Railroad St	0.20mi	3/1.0	1,422 (+2%)	8mo	$57,000	$40	81
735 Boquet St	0.19mi	3/1.5	1,292 (-7%)	3mo	$140,000	$108	75
27 Highland Ave	0.40mi	3/1.0	1,488 (+7%)	5mo	$66,000	$44	66
1109 Progress St	0.49mi	3/2.0	1,477 (+6%)	3mo	$77,000	$52	61
841 Railroad St	0.18mi	2/1.5 (-1)	1,226 (-12%)	6mo	$141,500	$115	60
19 Shaw Ave	0.56mi	4/1.0 (+1)	1,485 (+6%)	6mo	$95,000	$64	53
234 Greydon Ave	0.67mi	3/1.0	1,488 (+7%)	8mo	$75,000	$50	51
507 Agnes St	0.58mi	2/1.0 (-1)	1,252 (-10%)	1mo	$45,000	$36	50
109 Helen St	0.32mi	3/3.0	1,582 (+14%)	5mo	$100,000	$63	50
202 Jane St	0.67mi	3/2.0	1,280 (-8%)	5mo	$90,000	$70	47
67 Rosamond St	0.66mi	3/2.0	1,545 (+11%)	0mo	$128,000	$83	47
214 Sarah St	0.71mi	3/1.0	1,240 (-11%)	7mo	$70,000	$56	43

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: 22.1%
• Equity multiple: 1.97×
• Total profit: $24,334
• Equity at exit: $13,419

10-year hold

• IRR: 33.4%
• Equity multiple: 4.83×
• Total profit: $96,542
• Equity at exit: $7,782

Cash invested: $25,200 (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: $1,456 high
• Mortgage (P&I): −$472
• Tax from tax record: −$151 /mo · $1,814/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$306
• Net cashflow: $490

Break-even live

Break-even rent $836

Max offer price $90,000

Occupancy floor 61%

Sensitivity live

Price	-10% $540	-5% $515	+0% $490	+5% $464	+10% $439
Rent	-10% $375	-5% $432	+0% $490	+5% $547	+10% $605
Rate	-1.0pp $535	-0.5pp $512	base $490	+0.5pp $466	+1.0pp $442

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: $22,500
• Closing costs: $2,700
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
720 Mary St Mc Kees Rocks, PA	4.0	2.0	1800	$1,795	$1.00	8d	1	0.20mi
214 Erwin Pl Mc Kees Rocks, PA	3.0	1.0	1026	$1,685	$1.64	45d	1	0.28mi
907 Chartiers Ave Unit 2 McKees Rocks, PA	2.0	1.0	900	$1,100	$1.22	25d	1	0.35mi
504 Fair Oaks St Mc Kees Rocks, PA	4.0	1.0	1480	$1,195	$0.81	25d	1	0.39mi
27 Highland Ave Mc Kees Rocks, PA	3.0	1.0	1488	$1,425	$0.96	25d	1	0.41mi
71 McKinnie Ave Mc Kees Rocks, PA	2.0	1.0	1176	$1,100	$0.94	25d	1	0.50mi
614 Woodward Ave McKees Rocks, PA	2.0	1.0	1000	$950	$0.95	8d	1	0.57mi
135 Dunn St Mc Kees Rocks, PA	3.0	2.0	1600	$1,599	$1.00	21d	1	0.68mi
214 Wright St Unit Na McKees Rocks, PA	2.0	1.0	954	$1,175	$1.23	15d	1	0.69mi
705 Russellwood Ave Apt 2nd Floor McKees Rocks, PA	4.0	1.0	1100	$2,195	$2.00	3d	1	0.73mi
705 Russellwood Ave Unit 2ndFL McKees Rocks, PA	4.0	1.0	1100	$2,250	$2.05	3d	1	0.73mi
207 Singer Ave Mc Kees Rocks, PA	3.0	2.0	1728	$1,700	$0.98	45d	1	0.79mi
1124a Dohrman St McKees Rocks, PA	3.0	1.0	1150	$1,250	$1.09	25d	1	0.79mi
1126 Dohrman St Unit MC McKees Rocks, PA	2.0	1.0	1200	$1,250	$1.04	45d	1	0.79mi
915 Woodward Ave Mc Kees Rocks, PA	3.0	1.0	1224	$1,399	$1.14	45d	1	0.90mi
933 Woodward Ave Unit MC McKees Rocks, PA	2.0	1.0	1100	$1,400	$1.27	25d	1	0.94mi
933 Woodward Ave Unit NA McKees Rocks, PA	2.0	1.0	1100	$1,400	$1.27	21d	1	0.94mi
27 Rudolph St Mc Kees Rocks, PA	3.0	1.0	1084	$1,100	$1.01	3d	1	0.98mi
802 13th St Unit 2 McKees Rocks, PA	2.0	1.0	1100	$920	$0.84	45d	1	1.08mi
33 Greenough Ave Pittsburgh, PA	2.0	1.0	900	$1,300	$1.44	45d	1	1.26mi
219 Woodlawn Ave Pittsburgh, PA	2.0	1.0	925	$1,075	$1.16	45d	1	1.43mi

Listing history 30 events

1. 2026-06-21
   days on market $90,000 Active 44 DOM
2. 2026-06-18
   days on market $90,000 Active 41 DOM
3. 2026-06-17
   days on market $90,000 Active 40 DOM
4. 2026-06-16
   pricedays on market $90,000 Active 39 DOM
5. 2026-06-15
   days on market $99,000 Active 38 DOM
6. 2026-06-13
   days on market $99,000 Active 36 DOM
7. 2026-06-09
   days on market $99,000 Active 32 DOM
8. 2026-06-08
   days on market $99,000 Active 31 DOM
9. 2026-06-07
   pricedays on market $99,000 Active 30 DOM
10. 2026-06-05
    days on market $110,000 Active 27 DOM
11. 2026-06-03
    days on market $110,000 Active 26 DOM
12. 2026-06-02
    days on market $110,000 Active 25 DOM
13. 2026-06-01
    days on market $110,000 Active 24 DOM
14. 2026-05-31
    days on market $110,000 Active 23 DOM
15. 2026-05-08
    listed $110,000 Active 505-char remark
16. 2026-04-23
    historical $1,395
17. 2026-03-11
    listed $1,395
18. 2026-03-11
    historical $1,395
19. 2026-03-10
    price $1,395
20. 2026-02-13
    listed $1,500
21. 2024-02-27
    soldstatus $35,000
22. 2024-02-21
    soldstatus $35,000 Closed 643-char remark

    Show marketing remark (643 chars)

    Charming 3 Bed, 1 Bath House at the End of a quiet street. This delightful 3-bedroom, 1-bathroom house is at the quiet end of a picturesque street in McKees Rocks, PA. This property offers both comfort and . From the beautiful floors of the kitchen to the refurbished, yet classic living room, this is a cozy home with updated/refurbished features and within very close proximity to downtown Pittsburgh and the Northside. Some of the Key Features: 3 bedrooms, 1bathroom, new kitchen and dinning room floors, refurbished carpet in the living room and quality appliances in the kitchen. Within minutes of Downtown Pittsburgh and the Northside.

23. 2024-01-07
    status Pending 643-char remark

    Show marketing remark (643 chars)

    Charming 3 Bed, 1 Bath House at the End of a quiet street. This delightful 3-bedroom, 1-bathroom house is at the quiet end of a picturesque street in McKees Rocks, PA. This property offers both comfort and . From the beautiful floors of the kitchen to the refurbished, yet classic living room, this is a cozy home with updated/refurbished features and within very close proximity to downtown Pittsburgh and the Northside. Some of the Key Features: 3 bedrooms, 1bathroom, new kitchen and dinning room floors, refurbished carpet in the living room and quality appliances in the kitchen. Within minutes of Downtown Pittsburgh and the Northside.

24. 2023-12-29
    listed $40,000 Active 643-char remark

    Show marketing remark (643 chars)

    Charming 3 Bed, 1 Bath House at the End of a quiet street. This delightful 3-bedroom, 1-bathroom house is at the quiet end of a picturesque street in McKees Rocks, PA. This property offers both comfort and . From the beautiful floors of the kitchen to the refurbished, yet classic living room, this is a cozy home with updated/refurbished features and within very close proximity to downtown Pittsburgh and the Northside. Some of the Key Features: 3 bedrooms, 1bathroom, new kitchen and dinning room floors, refurbished carpet in the living room and quality appliances in the kitchen. Within minutes of Downtown Pittsburgh and the Northside.

25. 2021-08-19
    status Pending

    Show marketing remark (313 chars)

    Located in McKees Rocks on a dead end street, minutes from Downtown, Sheraden, Stowe Township, Kennedy Township, and close to the McKees Rocks Bridge, Brighton Heights, and Bellevue. Low maintenance yard! Spacious rooms with large windows! A great house for an owner occupant or an addition to a rental portfolio.

26. 2021-08-13
    price $35,000

    Show marketing remark (313 chars)

    Located in McKees Rocks on a dead end street, minutes from Downtown, Sheraden, Stowe Township, Kennedy Township, and close to the McKees Rocks Bridge, Brighton Heights, and Bellevue. Low maintenance yard! Spacious rooms with large windows! A great house for an owner occupant or an addition to a rental portfolio.

27. 2021-07-06
    status Active

    Show marketing remark (313 chars)

    Located in McKees Rocks on a dead end street, minutes from Downtown, Sheraden, Stowe Township, Kennedy Township, and close to the McKees Rocks Bridge, Brighton Heights, and Bellevue. Low maintenance yard! Spacious rooms with large windows! A great house for an owner occupant or an addition to a rental portfolio.

28. 2021-06-28
    status Pending

    Show marketing remark (313 chars)

    Located in McKees Rocks on a dead end street, minutes from Downtown, Sheraden, Stowe Township, Kennedy Township, and close to the McKees Rocks Bridge, Brighton Heights, and Bellevue. Low maintenance yard! Spacious rooms with large windows! A great house for an owner occupant or an addition to a rental portfolio.

29. 2021-06-23
    price $39,000

    Show marketing remark (313 chars)

    Located in McKees Rocks on a dead end street, minutes from Downtown, Sheraden, Stowe Township, Kennedy Township, and close to the McKees Rocks Bridge, Brighton Heights, and Bellevue. Low maintenance yard! Spacious rooms with large windows! A great house for an owner occupant or an addition to a rental portfolio.

30. 2021-06-11
    listed $43,000 Active

    Show marketing remark (313 chars)

    Located in McKees Rocks on a dead end street, minutes from Downtown, Sheraden, Stowe Township, Kennedy Township, and close to the McKees Rocks Bridge, Brighton Heights, and Bellevue. Low maintenance yard! Spacious rooms with large windows! A great house for an owner occupant or an addition to a rental portfolio.

ⓘ 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: $1,814 · $151/mo
• Projected year-2 tax: $1,814 · $151/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: $17,471
• − Mortgage interest: −$5,041
• − Property taxes: −$1,814
• − Insurance: −$450
• − Repairs & maintenance: −$1,398
• − Management: −$1,398
• − Depreciation: −$2,618
• Taxable income: $4,752
• Est. tax owed @ 24.0%: −$1,140
• After-tax cash flow: $4,734/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

+109.3% since first listed

18 events — show timeline

• 2026-06-16 Price Changed $90,000 West Penn MLS
• 2026-06-05 Price Changed $99,000 West Penn MLS
• 2026-05-08 Listed $110,000 West Penn MLS
• 2026-04-23 Rental Removed $1,395 WPMLS
• 2026-03-11 Listed for Rent $1,395 WPMLS
• 2026-03-11 Rental Removed $1,395 SHOWMOJO
• 2026-03-10 Price Changed $1,395 SHOWMOJO
• 2026-02-13 Listed for Rent $1,500 SHOWMOJO
• 2024-02-27 Sold (Public Records) $35,000 Public Records
• 2024-02-21 Sold (MLS) $35,000 West Penn MLS
• 2024-01-07 Pending — West Penn MLS
• 2023-12-29 Listed $40,000 West Penn MLS
• 2021-08-19 Pending — West Penn MLS
• 2021-08-13 Price Changed $35,000 West Penn MLS
• 2021-07-06 Relisted — West Penn MLS
• 2021-06-28 Pending — West Penn MLS
• 2021-06-23 Price Changed $39,000 West Penn MLS
• 2021-06-11 Listed $43,000 West Penn MLS

Property tax history

+6.6%/yr

Latest (2026): $1,814 · +4.1% YoY. Source: county tax records.