2518 Cleveland St · McKeesport, PA 15132

$92,000

3 bd · 1.5 ba · 1,172 sqft · SingleFamily public records · 9 Days on market

Built 1929 435 sqft lot Est $115k · 20% 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.4/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks

Move right into this beautifully updated single-family home in the heart of McKeesport! This vacant property is easy to show and offers the perfect blend of comfort, space, and convenience. Featuring spacious rooms throughout, newer flooring, updated full and partial bathrooms, and central air for year-round comfort, this home is truly move-in ready. The kitchen comes complete with brand new appliances, making move-in day effortless. Enjoy the large backyard — perfect for entertaining, pets, gardening, or simply relaxing outdoors. Conveniently located close to public transportation and the bus line for an easy commute. Whether you're a first-time buyer or looking to add to your portfo

Key facts

• Large backyard
• Updated bathrooms
• New appliances

Tags

• UPDATED BATHROOMS
• CENTRAL AIR
• NEW APPLIANCES
• LARGE BACKYARD

Property features AI

Exterior

• Parking: On-street parking
• Utilities: Public water; Public sewer
• Home design: 2-story property; Asphalt roof
• Construction: Built on a small 0.01-acre lot
• Exterior features: Lot dimensions approximately 100 x 25

Interior

• Kitchen: Cooktop; Refrigerator; Some gas appliances
• Bathrooms: 1 full bathroom; 1 half bathroom
• Interior features: Has a basement; Resale condition

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $92k.

Deal economics

• At list price, monthly cash flow is $353 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $92k).

Location & tenants

• Location reads 66/100 on livability (#1,089 in PA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: health & safety D, crime F, amenities F.
• Mckeesport Area SD (suburban): math 11% / reading 28% proficiency, ranked #499 of 539 in PA (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Founders Hall Middle Sch (math 2% / reading 26%, grade F, #480 of 512 statewide, top 94%, 695 students, 100% FRL); Mckeesport Area Shs (math 22% / reading 30%, grade F, #372 of 437 statewide, top 86%, 1,045 students, 78% FRL) — zoned schools average 89% FRL vs 66% district-wide (23 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 117 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 41% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
• This rent runs 42% of the median local income ($35k/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 $636 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $26k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 12 sale attempts since 17y 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 $40k; list at $92k implies a 130% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1929 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $92,000

Questions for the listing agent

1. Built in 1929 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F 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?
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: 1.34% ✓
• Cap rate: 10.89%
• Cash-on-cash: 16.43%
• DSCR: 1.73
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $114,856
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2104 Calvin St	0.29mi	2/2.0 (-1)	1,200 (+2%)	5mo	$110,000	$92	71
2112 Dalton	0.39mi	3/1.0	1,122 (-4%)	3mo	$75,000	$67	70
2613 Cleveland St	0.05mi	2/1.0 (-1)	1,328 (+13%)	1mo	$49,000	$37	68
317 36th St	0.58mi	3/1.0	1,158 (-1%)	3mo	$25,500	$22	67
1707 Grandview Ave	0.44mi	2/1.0 (-1)	1,120 (-4%)	1mo	$110,000	$98	64
717 King St	0.34mi	3/1.5	1,008 (-14%)	4mo	$135,000	$134	57
428 Greenwood Ave	0.70mi	3/1.0	1,222 (+4%)	2mo	$139,900	$114	56
2817 Jenny Lind St	0.60mi	2/1.0 (-1)	1,232 (+5%)	2mo	$51,033	$41	55
118 Hershey Dr	0.65mi	3/2.0	1,070 (-9%)	2mo	$214,900	$201	51
417 Beckman Dr	0.66mi	3/1.5	1,300 (+11%)	1mo	$200,000	$154	50
2116 Barnsdale Ave	0.47mi	2/1.5 (-1)	1,008 (-14%)	4mo	$43,500	$43	46
417 Diehl Dr	0.66mi	3/2.0	1,007 (-14%)	0mo	$221,000	$219	44

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 7.5%
• Equity multiple: 1.29×
• Total profit: $7,561
• Equity at exit: $13,717

10-year hold

• IRR: 16.8%
• Equity multiple: 2.38×
• Total profit: $35,542
• Equity at exit: $7,954

Cash invested: $25,760 (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 15132

• Home prices YoY: -32.9%
• Active inventory: 117
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,232 high
• Mortgage (P&I): −$482
• Tax from tax record: −$100 /mo · $1,197/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$259
• Net cashflow: $353

Break-even live

Break-even rent $786

Max offer price $92,000

Occupancy floor 66%

Sensitivity live

Price	-10% $405	-5% $379	+0% $353	+5% $327	+10% $301
Rent	-10% $255	-5% $304	+0% $353	+5% $401	+10% $450
Rate	-1.0pp $399	-0.5pp $376	base $353	+0.5pp $329	+1.0pp $305

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: $23,000
• Closing costs: $2,760
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3506 Mayfair St Unit B McKeesport, PA	2.0	1.0	948	$1,200	$1.27	46d	1	0.34mi
2408 McCarrell St McKeesport, PA	4.0	1.0	1430	$1,195	$0.84	26d	1	0.36mi
3710 Mayfair St McKeesport, PA	3.0	1.5	1314	$1,095	$0.83	5d	1	0.37mi
3211 Walnut St McKeesport, PA	4.0	1.0	1434	$1,500	$1.05	0d	1	0.59mi
2918 Walnut St Apt 3 McKeesport, PA	2.0	1.0	800	$850	$1.06	46d	1	0.67mi
1506 Freemont St McKeesport, PA	3.0	2.0	1250	$1,295	$1.04	26d	1	0.73mi
2618 Poinsettia Dr White Oak, PA	4.0	1.0	1225	$1,599	$1.31	26d	1	0.84mi
1114-1116 Ohio St Unit 2R McKeesport, PA	2.0	1.0	878	$850	$0.97	18d	1	0.87mi
311-313 24th St McKeesport, PA	2.0	1.0	950	$900	$0.95	46d	1	0.90mi
152 Royal Oak Dr White Oak, PA	1.0–2.0	1.0–2.0	930	$1,445	$1.55	0d	9	0.93mi
1108 Prescott St White Oak, PA	2.0	1.0	945	$1,200	$1.27	14d	1	0.95mi
1217 Scott St McKeesport, PA	3.0	1.0	1500	$1,165	$0.78	46d	1	0.99mi
913 Center St McKeesport, PA	1.0–2.0	1.0	900	$1,010	$1.12	0d	7	1.15mi
4719 3rd St Unit 2 McKeesport, PA	3.0	1.0	1200	$975	$0.81	46d	1	1.23mi
1735 Ohio Ave Unit 6 White Oak, PA	3.0	1.0	1034	$1,200	$1.16	46d	1	1.24mi
5015 Walnut St Unit 1 McKeesport, PA	2.0	1.0	980	$950	$0.97	46d	1	1.33mi
1451 Jenny Lind St McKeesport, PA	3.0	1.5	1408	$1,150	$0.82	26d	1	1.38mi

Listing history 42 events

1. 2026-06-22
   days on market $92,000 Active 9 DOM
2. 2026-06-21
   days on market $92,000 Active 8 DOM
3. 2026-06-18
   days on market $92,000 Active 5 DOM
4. 2026-06-17
   days on market $92,000 Active 4 DOM
5. 2026-06-16
   days on market $92,000 Active 3 DOM
6. 2026-06-15
   pricedays on marketlisting id $92,000 Active 2 DOM
7. 2026-06-09
   days on market $92,500 Active 18 DOM
8. 2026-06-08
   days on market $92,500 Active 17 DOM
9. 2026-06-07
   days on market $92,500 Active 16 DOM
10. 2026-06-03
    days on market $92,500 Active 12 DOM
11. 2026-06-02
    days on market $92,500 Active 11 DOM
12. 2026-06-01
    days on market $92,500 Active 10 DOM
13. 2026-05-31
    days on market $92,500 Active 9 DOM
14. 2026-05-22
    listed $92,500 Active
15. 2025-11-01
    listed $89,900 Active
16. 2024-09-10
    price $106,900 422-char remark
17. 2024-08-20
    price $109,900 422-char remark
18. 2024-08-08
    price $114,900 422-char remark
19. 2024-07-26
    price $119,900 422-char remark
20. 2024-06-07
    listed $139,900 Active 422-char remark
21. 2023-06-26
    historical Expired
22. 2023-05-23
    status Active
23. 2022-11-13
    price $55,000
24. 2022-08-11
    status Active
25. 2022-08-11
    price $60,000
26. 2022-07-16
    historical Contingent
27. 2022-06-26
    listed $65,000 Active
28. 2016-03-10
    historical Withdrawn
29. 2015-12-09
    status Active
30. 2015-08-19
    price $29,900
31. 2015-06-30
    historical
32. 2015-06-25
    price $33,900
33. 2015-05-12
    listed $39,900 Active
34. 2012-09-13
    listed $29,900
35. 2011-03-22
    price $30,000
36. 2011-03-15
    soldstatus $40,000
37. 2010-08-03
    listed $40,000
38. 2009-07-01
    soldstatus $14,500
39. 2009-05-29
    price $19,900
40. 2009-05-29
    soldstatus $14,500
41. 2009-01-06
    listed $14,500
42. 2006-09-07
    soldstatus $10,000

ⓘ 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: $1,197 · $100/mo
• Projected year-2 tax: $1,325 · $110/mo
• Expected delta: +$128/yr (+$11/mo · 10.7%)

ⓘ 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 ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 5/10 Major 9 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,783
• − Mortgage interest: −$5,153
• − Property taxes: −$1,197
• − Insurance: −$460
• − Repairs & maintenance: −$1,183
• − Management: −$1,183
• − Depreciation: −$2,676
• Taxable income: $2,931
• Est. tax owed @ 24.0%: −$703
• After-tax cash flow: $3,528/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: Mckeesport Area SD
• NCES district ID: 4214940
• Math proficiency: 11% ▼ -9.00%
• Reading proficiency: 28% ▼ -10.00%
• Median HH income: $33,779
• Composite: 15.88/100
• National rank: #9257
• State rank: #499 of 539 in PA

Livability — McKeesport

• Score: 66/100
• State rank: #1089
• US rank: #12321

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: McKeesport, PA
• County: Allegheny County · 1,022,028 people
• City population: 25,010
• Metro: Pittsburgh, PA
• Population (ZIP): 18,898
• Household income: $35,397
• Rent vs Own: 49.0% rent · 51.0% own
• Severe rent burden: 1239.0

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 0.62)
• Race & ethnicity: White 50% Black 35% Two or more races 10% Hispanic / Latino 4% Asian 1%
• Common ancestry: Romanian 5% Serbian 2% Scotch-Irish 2%
• Foreign-born: 2% · Canada, China
• Languages at home: 96% English-only · Spanish 3%

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: ▼ -71.01%
• Current HPI: 145.195
• 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

+820.0% since first listed

30 events — show timeline

• 2026-06-13 Listed $92,000 West Penn MLS
• 2026-05-22 Listed $92,500 West Penn MLS
• 2025-11-01 Listed $89,900 West Penn MLS
• 2024-09-10 Price Changed $106,900 West Penn MLS
• 2024-08-20 Price Changed $109,900 West Penn MLS
• 2024-08-08 Price Changed $114,900 West Penn MLS
• 2024-07-26 Price Changed $119,900 West Penn MLS
• 2024-06-07 Listed $139,900 West Penn MLS
• 2023-06-26 Delisted — West Penn MLS
• 2023-05-23 Relisted — West Penn MLS
• 2022-11-13 Price Changed $55,000 West Penn MLS
• 2022-08-11 Relisted — West Penn MLS
• 2022-08-11 Price Changed $60,000 West Penn MLS
• 2022-07-16 Contingent — West Penn MLS
• 2022-06-26 Listed $65,000 West Penn MLS
• 2016-03-10 Delisted — West Penn MLS
• 2015-12-09 Relisted — West Penn MLS
• 2015-08-19 Price Changed $29,900 West Penn MLS
• 2015-06-30 Delisted — West Penn MLS
• 2015-06-25 Price Changed $33,900 West Penn MLS
• 2015-05-12 Listed $39,900 West Penn MLS
• 2012-09-13 Listed $29,900 West Penn MLS
• 2011-03-22 Price Changed $30,000 West Penn MLS
• 2011-03-15 Sold (MLS) $40,000 West Penn MLS
• 2010-08-03 Listed $40,000 West Penn MLS
• 2009-07-01 Sold (Public Records) $14,500 Public Records
• 2009-05-29 Sold (MLS) $14,500 West Penn MLS
• 2009-05-29 Price Changed $19,900 West Penn MLS
• 2009-01-06 Listed $14,500 West Penn MLS
• 2006-09-07 Sold (Public Records) $10,000 Public Records

Property tax history

+6.2%/yr

Latest (2026): $1,197 · +0.0% YoY. Source: county tax records.