340 W Catawissa St · Nesquehoning, PA 18240

$163,500

5 bd · 2.0 ba · 2,368 sqft · SingleFamily public records · 13 Days on market

Built 1900 4,008 sqft lot $69/sqft · 23% below area Est $212k · 23% 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 +24.4/30.0
• ARV discount +15.0/15.0
• DSCR +7.9/10.0
• 1% rule +5.9/10.0
• Appreciation +4.0/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks MLS

Spacious 2 unit building on W. Catawissa Street in Nesquehoning. First fl. apartment has two large bedroom, living rm. bath and kitchen (with access to basement for washer and dryer use) and front porch. Second fl. unit has recently been refreshed with new paint and flooring, unoccupied. This unit features 2 bedrooms (one bedroom on 3rd fl. ) spacious living rm, bath, kitchen and a side porch. Each unit has it's own heating source (oil furnace) and tenant pays heat. Owner currently pays w/ s/t. Property has driveway (that provides access to rear of building - and provides access to neighboring property's rear parking) and a bonus is an additional rear lot that could provide even more parking area- parcel number 105B1-42-V15.01. Live in one unit and let the second apartment help pay the expenses or great investment! (Taxes subject to possible reassessment after settlement)

Key facts

• First-floor living
• Laundry hookup
• Off-street parking

Tags

• COVERED SECOND-FLOOR DECK
• LAUNDRY HOOKUP
• OFF-STREET PARKING
• FIRST-FLOOR LIVING
• CLEAN AND WELL MAINTAINED

Property features AI

Finance

• Financial info: Two-unit property; Unit 342 (1st floor): 2 beds, 1 bath — Actual rent $700; Unit 340 (2nd floor): 2 beds, 1 bath — Actual rent $900; Maintenance expense: $2,815; Operating expense: $9,357; Professional management expense: $1,650; Insurance expense: $1,020; Other expense: $1,620

Exterior

• Parking: Off-street parking; On-street parking; Two total parking spaces
• Utilities: Public water supply; Public sewer
• Home design: Two-story building; Zoning: R2
• Construction: Brick and vinyl siding construction
• Exterior features: Public sewer; Public water

Interior

• Bedrooms: Two 1st-floor bedrooms (Unit 342); Two 2nd-floor bedrooms (Unit 340)
• Bathrooms: Two full bathrooms (one in each unit)
• Heating & cooling: Oil heating with radiators
• Interior features: Balcony

🏷️ Possibly a rental listed for sale. The $163,500 price doesn't fit this home's estimated sale value (~$211,597) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $164k.

Deal economics

• At list price, monthly cash flow is $331 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $164k).

Location & tenants

• Location reads 68/100 on livability (#872 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, schools D-, amenities F.
• Panther Valley SD (rural): math 14% / reading 35% proficiency, ranked #477 of 539 in PA (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 26 active listings in the ZIP; 180 units permitted in Carbon County in 2024 (10 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-2.1%/yr); year-one equity from $1k of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Carbon County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-2.1% appreciation + 3.0% rent growth), your $46k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 20y 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 $132k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

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

Recommended offer $163,500

Questions for the listing agent

1. Built in 1900 — 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. 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.
5. 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.
6. 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: 1.09% ✓
• Cap rate: 8.72%
• Cash-on-cash: 8.67%
• DSCR: 1.39
• GRM: 7.6

CMA / ARV

• ARV (median comp): $211,597
• List price: $163,500
• Delta: -22.73%
• Verdict: UNDERPRICED
• Comps: 4 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
100 E Columbus Ave	0.45mi	5/2.0	2,220 (-6%)	21mo	$230,000	$104	51
101 W Diaz Ave	0.41mi	4/2.0 (-1)	2,204 (-7%)	23mo	$159,900	$73	46
10 W Columbus Ave	0.36mi	4/2.0 (-1)	2,100 (-11%)	23mo	$133,000	$63	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-2.08% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 0.5%
• Equity multiple: 1.02×
• Total profit: $929
• Equity at exit: $31,153

10-year hold

• IRR: 8.6%
• Equity multiple: 1.73×
• Total profit: $33,561
• Equity at exit: $26,052

Cash invested: $45,780 (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 18240

• Home prices YoY: -1.1%
• Active inventory: 26
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,781 medium
• Mortgage (P&I): −$857
• Tax from tax record: −$151 /mo · $1,812/yr
• Insurance: −$68
• HOA: −$0
• Vacancy / Maint / Mgmt: −$374
• Net cashflow: $331

Break-even live

Break-even rent $1,363

Max offer price $163,500

Occupancy floor 76%

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: $40,875
• Closing costs: $4,905
• Reserves months: —
• Total cash needed: —

Listing history 13 events

1. 2026-05-06
   status Pending 571-char remark
2. 2026-04-22
   listed $163,500 Active 571-char remark
3. 2023-09-10
   historical $900
4. 2023-07-22
   listed $900
5. 2021-08-26
   soldstatus $132,500

   Show marketing remark (886 chars)

   Spacious 2 unit building on W. Catawissa Street in Nesquehoning. First fl. apartment has two large bedroom, living rm. bath and kitchen (with access to basement for washer and dryer use) and front porch. Second fl. unit has recently been refreshed with new paint and flooring, unoccupied. This unit features 2 bedrooms (one bedroom on 3rd fl. ) spacious living rm, bath, kitchen and a side porch. Each unit has it's own heating source (oil furnace) and tenant pays heat. Owner currently pays w/ s/t. Property has driveway (that provides access to rear of building - and provides access to neighboring property's rear parking) and a bonus is an additional rear lot that could provide even more parking area- parcel number 105B1-42-V15.01. Live in one unit and let the second apartment help pay the expenses or great investment! (Taxes subject to possible reassessment after settlement)

6. 2021-08-26
   soldstatus $132,500

   Show marketing remark (886 chars)

   Spacious 2 unit building on W. Catawissa Street in Nesquehoning. First fl. apartment has two large bedroom, living rm. bath and kitchen (with access to basement for washer and dryer use) and front porch. Second fl. unit has recently been refreshed with new paint and flooring, unoccupied. This unit features 2 bedrooms (one bedroom on 3rd fl. ) spacious living rm, bath, kitchen and a side porch. Each unit has it's own heating source (oil furnace) and tenant pays heat. Owner currently pays w/ s/t. Property has driveway (that provides access to rear of building - and provides access to neighboring property's rear parking) and a bonus is an additional rear lot that could provide even more parking area- parcel number 105B1-42-V15.01. Live in one unit and let the second apartment help pay the expenses or great investment! (Taxes subject to possible reassessment after settlement)

7. 2021-07-14
   listed $149,800

   Show marketing remark (886 chars)

   Spacious 2 unit building on W. Catawissa Street in Nesquehoning. First fl. apartment has two large bedroom, living rm. bath and kitchen (with access to basement for washer and dryer use) and front porch. Second fl. unit has recently been refreshed with new paint and flooring, unoccupied. This unit features 2 bedrooms (one bedroom on 3rd fl. ) spacious living rm, bath, kitchen and a side porch. Each unit has it's own heating source (oil furnace) and tenant pays heat. Owner currently pays w/ s/t. Property has driveway (that provides access to rear of building - and provides access to neighboring property's rear parking) and a bonus is an additional rear lot that could provide even more parking area- parcel number 105B1-42-V15.01. Live in one unit and let the second apartment help pay the expenses or great investment! (Taxes subject to possible reassessment after settlement)

8. 2021-07-14
   listed $149,800

   Show marketing remark (886 chars)

   Spacious 2 unit building on W. Catawissa Street in Nesquehoning. First fl. apartment has two large bedroom, living rm. bath and kitchen (with access to basement for washer and dryer use) and front porch. Second fl. unit has recently been refreshed with new paint and flooring, unoccupied. This unit features 2 bedrooms (one bedroom on 3rd fl. ) spacious living rm, bath, kitchen and a side porch. Each unit has it's own heating source (oil furnace) and tenant pays heat. Owner currently pays w/ s/t. Property has driveway (that provides access to rear of building - and provides access to neighboring property's rear parking) and a bonus is an additional rear lot that could provide even more parking area- parcel number 105B1-42-V15.01. Live in one unit and let the second apartment help pay the expenses or great investment! (Taxes subject to possible reassessment after settlement)

9. 2015-06-19
   listed $126,000
10. 2007-05-31
    soldstatus $65,000
11. 2007-05-31
    soldstatus $65,000
12. 2006-12-05
    listed $79,900
13. 2006-12-04
    listed $79,900

ⓘ 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: $1,812 · $151/mo
• Projected year-2 tax: $2,198 · $183/mo
• Expected delta: +$386/yr (+$32/mo · 21.3%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥94°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 9% 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: $21,375
• − Mortgage interest: −$9,159
• − Property taxes: −$1,812
• − Insurance: −$818
• − Repairs & maintenance: −$1,710
• − Management: −$1,710
• − Depreciation: −$4,756
• Taxable income: $1,411
• Est. tax owed @ 24.0%: −$339
• After-tax cash flow: $3,630/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: Panther Valley SD
• NCES district ID: 4218450
• Math proficiency: 14% ▼ -7.00%
• Reading proficiency: 35% ▼ -14.00%
• Median HH income: $36,914
• Composite: 20.31/100
• National rank: #8613
• State rank: #477 of 539 in PA

Livability — Nesquehoning

• Score: 68/100
• State rank: #872
• US rank: #9211

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Nesquehoning, PA
• City population: 3,909
• Population (ZIP): 3,909

Population outlook (Carbon County) Hauer SSP2

• Today (2025): 61,643 people
• By 2030: 59,840 · -2.9%
• By 2040: 55,413 · -10.1%
• By 2050: 50,843 · -17.5%
• By 2075: 43,326 · -29.7%
• By 2100: 37,126 · -39.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Hispanic / Latino 11% Two or more races 7% Black 4%
• Hispanic origin (detail): Puerto Rican 11%
• Common ancestry: Romanian 7% Subsaharan African 4% Polish 3%
• Foreign-born: 3% · Canada
• Languages at home: 97% English-only · Spanish 2%

Political lean MEDSL · Carbon

• 2024 margin: Solid R (+34.8) · D 32.2% · R 67.0%
• 2008→2024 swing: -36.7pp toward R · 2008: 1.9pp · 2024: -34.8pp
• All cycles: 2024: R+34.8 2020: R+32.0 2016: R+34.1 2012: R+6.9 2008: D+1.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -2.08%
• Current HPI: 190.5896
• Rent YoY: —
• Metro: —
• 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

+104.6% since first listed

13 events — show timeline

• 2026-05-06 Pending — GLVRMLS
• 2026-04-22 Listed $163,500 GLVRMLS
• 2023-09-10 Rental Removed $900 APPFOLIO
• 2023-07-22 Listed for Rent $900 APPFOLIO
• 2021-08-26 Sold (MLS) $132,500 PMAR
• 2021-08-26 Sold (MLS) $132,500 GLVRMLS
• 2021-07-14 Listed $149,800 PMAR
• 2021-07-14 Listed $149,800 GLVRMLS
• 2015-06-19 Listed $126,000 PMAR
• 2007-05-31 Sold (Public Records) $65,000 Public Records
• 2007-05-31 Sold (MLS) $65,000 GLVRMLS
• 2006-12-05 Listed $79,900 PMAR
• 2006-12-04 Listed $79,900 GLVRMLS

Property tax history

+2.0%/yr

Latest (2026): $1,812 · +2.7% YoY. Source: county tax records.