702 E 19th Ave · Munhall, PA 15120

$94,900

2 bd · 1.0 ba · 1,167 sqft · Condo public records · 220 Days on market

Built 1900 $81/sqft · 5% above area Est $90k · 5% over

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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
• DSCR +10.0/10.0
• 1% rule +9.1/10.0
• ARV discount +5.1/15.0
• Livability +3.9/5.0
• Rent growth +3.5/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step into this refreshed 2-bedroom semi-detached home in the heart of Munhall—just moments from The Waterfront and an easy commute to Downtown. The main level features a classic living, dining, and kitchen layout with updated flooring throughout. Upstairs offers two comfortable bedrooms and a full bath. Key improvements include a newer roof, updated siding, and a replaced sewer line, giving peace of mind for years to come. Whether you're a first-time buyer or an investor seeking a low-maintenance addition to your portfolio, this move-in ready home delivers great value in a steadily growing neighborhood.

Key facts

• Move-in ready
• Updated siding
• Newer roof

Tags

• REFRESHED HOME
• UPDATED FLOORING
• NEWER ROOF
• UPDATED SIDING
• REPLACED SEWER LINE
• MOVE-IN READY

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $95k.

Deal economics

• At list price, monthly cash flow is $428 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Recommended offer: $84k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.7% vs local median 7.3% in Munhall — 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 78/100 on livability (#308 in PA, #2,734 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: employment D+, amenities F.
• Steel Valley SD (suburban): math 29% / reading 45% proficiency, ranked #403 of 539 in PA (top 75%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.1%/yr); 93 active listings in the ZIP; 17 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 $656 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 4.1% rent growth), your $27k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 220 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 2y ago; this cycle's ask has dropped $10k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $16k; list at $95k implies a 493% 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 $83,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 220 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 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.41% ✓
• Cap rate: 11.71%
• Cash-on-cash: 19.34%
• DSCR: 1.86
• GRM: 5.9

CMA / ARV

• ARV (median comp): $90,071
• List price: $94,900
• Delta: 5.36%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 4.06% rent growth · sell at horizon

5-year hold

• IRR: 12.5%
• Equity multiple: 1.50×
• Total profit: $13,347
• Equity at exit: $14,150

10-year hold

• IRR: 22.2%
• Equity multiple: 2.99×
• Total profit: $52,814
• Equity at exit: $8,205

Cash invested: $26,572 (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 15120

• Home prices YoY: -16.9%
• Rents YoY: 4.1%
• Active inventory: 93
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,339 high
• Mortgage (P&I): −$498
• Tax from tax record: −$92 /mo · $1,108/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$281
• Net cashflow: $428

Break-even live

Break-even rent $797

Max offer price $94,900

Occupancy floor 63%

Sensitivity live

Price	-10% $482	-5% $455	+0% $428	+5% $401	+10% $375
Rent	-10% $322	-5% $375	+0% $428	+5% $481	+10% $534
Rate	-1.0pp $476	-0.5pp $452	base $428	+0.5pp $404	+1.0pp $379

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: $23,725
• Closing costs: $2,847
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
623 E 18th Ave Homestead, PA	2.0	1.0	1156	$1,600	$1.38	44d	1	0.13mi
1900 Maple St Unit 4 Homestead, PA	1.0	1.0	1200	$1,400	$1.17	24d	1	0.21mi
2104 West St Unit 2F Munhall, PA	1.0	1.0	800	$940	$1.18	15d	1	0.32mi
2104 West St Unit 2R Munhall, PA	1.0	1.0	825	$950	$1.15	15d	1	0.32mi
214 Vine St Homestead, PA	2.0	1.0	1034	$1,150	$1.11	44d	1	0.41mi
931 Hilltop St Homestead, PA	3.0	1.5	1312	$1,500	$1.14	15d	1	0.52mi
621 E 9th Ave Homestead, PA	2.0	2.0	1400	$1,425	$1.02	24d	1	0.54mi
300 W 13th Ave Unit 302 Homestead, PA	2.0	1.0	1088	$1,150	$1.06	17d	1	0.58mi
519 E 9th Ave Fl 1 Homestead, PA	1.0	1.0	900	$995	$1.11	11d	1	0.58mi
300 W 13th Ave Homestead, PA	2.0	1.0	1088	$1,125	$1.03	17d	1	0.59mi
810 Amity St Unit 2 Homestead, PA	2.0	1.0	800	$995	$1.24	13d	1	0.72mi
811 West St Apt 1B Homestead, PA	1.0	1.0	750	$1,250	$1.67	44d	1	0.74mi
1254 Edgewood Dr Homestead, PA	3.0	1.0	1144	$1,725	$1.51	44d	1	0.87mi
3305 W Run Rd Munhall, PA	2.0	1.0	1100	$1,365	$1.24	24d	1	0.97mi
3705 Botsford St Apt 2 Munhall, PA	3.0	1.0	1000	$1,195	$1.20	44d	1	1.17mi
212 Kenmawr Ave Braddock, PA	2.0	1.5	1417	$1,300	$0.92	44d	1	1.32mi
7122 Harrison Ave Unit 1 Pittsburgh, PA	1.0	1.0	820	$1,100	$1.34	18d	1	1.47mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Likely covers: watersewer
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 26 events

1. 2026-06-21
   days on market $94,900 Active 220 DOM
2. 2026-06-18
   days on market $94,900 Active 217 DOM
3. 2026-06-17
   days on market $94,900 Active 216 DOM
4. 2026-06-16
   days on market $94,900 Active 215 DOM
5. 2026-06-15
   days on market $94,900 Active 214 DOM
6. 2026-06-13
   days on market $94,900 Active 212 DOM
7. 2026-06-09
   days on market $94,900 Active 208 DOM
8. 2026-06-08
   days on market $94,900 Active 207 DOM
9. 2026-06-07
   pricedays on market $94,900 Active 206 DOM
10. 2026-06-05
    days on market $99,000 Active 203 DOM
11. 2026-06-03
    days on market $99,000 Active 202 DOM
12. 2026-06-02
    days on market $99,000 Active 201 DOM
13. 2026-06-01
    days on market $99,000 Active 200 DOM
14. 2026-05-31
    days on market $99,000 Active 199 DOM
15. 2026-04-01
    status Active 616-char remark

    Show marketing remark (616 chars)

    Step into this refreshed 2-bedroom semi-detached home in the heart of Munhall—just moments from The Waterfront and an easy commute to Downtown. The main level features a classic living, dining, and kitchen layout with updated flooring throughout. Upstairs offers two comfortable bedrooms and a full bath. Key improvements include a newer roof, updated siding, and a replaced sewer line, giving peace of mind for years to come. Whether you're a first-time buyer or an investor seeking a low-maintenance addition to your portfolio, this move-in ready home delivers great value in a steadily growing neighborhood.

16. 2026-03-22
    historical Contingent 616-char remark

    Show marketing remark (616 chars)

    Step into this refreshed 2-bedroom semi-detached home in the heart of Munhall—just moments from The Waterfront and an easy commute to Downtown. The main level features a classic living, dining, and kitchen layout with updated flooring throughout. Upstairs offers two comfortable bedrooms and a full bath. Key improvements include a newer roof, updated siding, and a replaced sewer line, giving peace of mind for years to come. Whether you're a first-time buyer or an investor seeking a low-maintenance addition to your portfolio, this move-in ready home delivers great value in a steadily growing neighborhood.

17. 2026-03-11
    price $99,000 616-char remark

    Show marketing remark (616 chars)

    Step into this refreshed 2-bedroom semi-detached home in the heart of Munhall—just moments from The Waterfront and an easy commute to Downtown. The main level features a classic living, dining, and kitchen layout with updated flooring throughout. Upstairs offers two comfortable bedrooms and a full bath. Key improvements include a newer roof, updated siding, and a replaced sewer line, giving peace of mind for years to come. Whether you're a first-time buyer or an investor seeking a low-maintenance addition to your portfolio, this move-in ready home delivers great value in a steadily growing neighborhood.

18. 2025-11-13
    listed $105,000 Active 616-char remark

    Show marketing remark (616 chars)

    Step into this refreshed 2-bedroom semi-detached home in the heart of Munhall—just moments from The Waterfront and an easy commute to Downtown. The main level features a classic living, dining, and kitchen layout with updated flooring throughout. Upstairs offers two comfortable bedrooms and a full bath. Key improvements include a newer roof, updated siding, and a replaced sewer line, giving peace of mind for years to come. Whether you're a first-time buyer or an investor seeking a low-maintenance addition to your portfolio, this move-in ready home delivers great value in a steadily growing neighborhood.

19. 2025-06-05
    price $101,000 679-char remark

    Show marketing remark (679 chars)

    This 2 bedroom, 1 bathroom semi-detached home is located in the ever-appreciating Munhall neighborhood—just minutes from the shops, restaurants, and entertainment at The Waterfront, and a quick commute to Downtown Pittsburgh. The first floor offers a traditional layout with a living room, dining room, and kitchen, all featuring new flooring. Upstairs, you'll find two bedrooms and a full bathroom. The home also includes a newer roof, updated siding, and a replaced sewer line, offering a solid foundation for future improvements. Don’t miss this move-in ready home perfect for first-time homebuyers or investors looking for a great value in a growing neighborhood.

20. 2025-05-27
    price $104,900 679-char remark

    Show marketing remark (679 chars)

    This 2 bedroom, 1 bathroom semi-detached home is located in the ever-appreciating Munhall neighborhood—just minutes from the shops, restaurants, and entertainment at The Waterfront, and a quick commute to Downtown Pittsburgh. The first floor offers a traditional layout with a living room, dining room, and kitchen, all featuring new flooring. Upstairs, you'll find two bedrooms and a full bathroom. The home also includes a newer roof, updated siding, and a replaced sewer line, offering a solid foundation for future improvements. Don’t miss this move-in ready home perfect for first-time homebuyers or investors looking for a great value in a growing neighborhood.

21. 2025-05-16
    listed $109,900 Active 679-char remark

    Show marketing remark (679 chars)

    This 2 bedroom, 1 bathroom semi-detached home is located in the ever-appreciating Munhall neighborhood—just minutes from the shops, restaurants, and entertainment at The Waterfront, and a quick commute to Downtown Pittsburgh. The first floor offers a traditional layout with a living room, dining room, and kitchen, all featuring new flooring. Upstairs, you'll find two bedrooms and a full bathroom. The home also includes a newer roof, updated siding, and a replaced sewer line, offering a solid foundation for future improvements. Don’t miss this move-in ready home perfect for first-time homebuyers or investors looking for a great value in a growing neighborhood.

22. 2024-12-06
    status Active
23. 2024-11-24
    historical Contingent
24. 2024-11-16
    listed $59,000 Active
25. 2024-11-16
    listed $134,000 Active
26. 1999-12-30
    soldstatus $16,000

ⓘ 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: $1,108 · $92/mo
• Projected year-2 tax: $1,304 · $109/mo
• Expected delta: +$196/yr (+$16/mo · 17.6%)

ⓘ 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 · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,069
• − Mortgage interest: −$5,316
• − Property taxes: −$1,108
• − Insurance: −$474
• − Repairs & maintenance: −$1,285
• − Management: −$1,285
• − Depreciation: −$2,761
• Taxable income: $3,838
• Est. tax owed @ 24.0%: −$921
• After-tax cash flow: $4,218/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: Steel Valley SD
• NCES district ID: 4222790
• Math proficiency: 29% ▼ -1.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $39,505
• Composite: 30.94/100
• National rank: #6111
• State rank: #403 of 539 in PA

Livability — Munhall

• Score: 78/100
• State rank: #308
• US rank: #2734

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Munhall, PA
• County: Allegheny County · 1,022,028 people
• City population: 18,029
• Metro: Pittsburgh, PA
• Population (ZIP): 18,029
• Household income: $55,714
• Rent vs Own: 36.8% rent · 63.2% own
• Severe rent burden: 669.0

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 (74%)
• Race & ethnicity: White 74% Black 20% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Romanian 6% Lithuanian 1% Scotch-Irish 1%
• Foreign-born: 3% · South Korea, Canada
• Languages at home: 95% English-only · Spanish 3% 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: ▼ -59.52%
• Current HPI: 292.5607
• Rent YoY: ▲ 4.06%
• 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

+518.8% since first listed

12 events — show timeline

• 2026-04-01 Relisted — West Penn MLS
• 2026-03-22 Contingent — West Penn MLS
• 2026-03-11 Price Changed $99,000 West Penn MLS
• 2025-11-13 Listed $105,000 West Penn MLS
• 2025-06-05 Price Changed $101,000 West Penn MLS
• 2025-05-27 Price Changed $104,900 West Penn MLS
• 2025-05-16 Listed $109,900 West Penn MLS
• 2024-12-06 Relisted — West Penn MLS
• 2024-11-24 Contingent — West Penn MLS
• 2024-11-16 Listed $134,000 West Penn MLS
• 2024-11-16 Listed $59,000 West Penn MLS
• 1999-12-30 Sold (Public Records) $16,000 Public Records

Property tax history

+3.2%/yr

Latest (2026): $1,108 · +3.9% YoY. Source: county tax records.