1507 Grant St · North Braddock, PA 15104

$72,000

2 bd · 1.0 ba · 1,070 sqft · SingleFamily public records · 59 Days on market

Built 1930 3,301 sqft lot $67/sqft · at area comps Est $69k · at est.

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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 +29.1/30.0
• DSCR +10.0/10.0
• 1% rule +9.8/10.0
• ARV discount +5.9/15.0
• Appreciation +4.2/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0

Listing remarks MLS

Welcome to this charming 2 bedroom, 1 bathroom home in North Braddock offering comfortable living with great everyday functionality. Step inside to a spacious living room that leads you to a nice sized dining room perfect for entertaining. A nicely sized kitchen right off the dining room with plenty of counter and cabinet space. Both bedrooms are located upstairs and offer plenty of space. The sun porch is perfect for enjoying your morning coffee, unwinding after a long day, or creating a cozy bonus space filled with natural light. The unfinished basement provides ample storage and potential for future use, while the fenced-in yard offers a great outdoor space for pets, entertaining, or simply relaxing. Located just a short distance from Brinton Park, this home offers convenient access to green space, and recreation. With easy access to major roadways and nearby communities, commuting to Pittsburgh and surrounding areas is simple.

Key facts

• Nicely sized kitchen
• Sun porch
• Fenced-in yard

Tags

• SPACIOUS LIVING ROOM
• NICELY SIZED KITCHEN
• SUN PORCH
• FENCED-IN YARD

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $72k.

Deal economics

• At list price, monthly cash flow is $250 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $72k).
• Recommended offer: $70k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 73/100 on livability (#550 in PA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools F, amenities F, employment F.
• Woodland Hills SD (suburban): math 13% / reading 30% proficiency, ranked #486 of 539 in PA (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 37 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 56% 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 32% of the median local income ($40k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-1.6%/yr); year-one equity from $498 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• At projected returns (-1.6% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 59 days — a 3% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $32k; list at $72k implies a 125% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.1% of price; built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $69,840 (3.0% below list)

Questions for the listing agent

1. It's been on market 59 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 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 1.48% ✓
• Cap rate: 10.46%
• Cash-on-cash: 14.87%
• DSCR: 1.66
• GRM: 5.6

CMA / ARV

• ARV (median comp): $69,470
• List price: $72,000
• Delta: 3.64%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1601 Wolfe Ave	0.11mi	2/1.0	1,120 (+5%)	4mo	$25,000	$22	84
1326 Wolfe Ave	0.15mi	2/1.0	1,108 (+4%)	7mo	$55,850	$50	81
548 Ridge Ave	0.37mi	2/1.0	1,081 (+1%)	3mo	$111,000	$103	78
1916 Pallas St	0.21mi	2/1.0	1,009 (-6%)	8mo	$47,800	$47	74
240 Wilkins Ave	0.70mi	2/1.0	998 (-7%)	1mo	$155,000	$155	56
119 Elizabeth Ave	0.68mi	2/1.0	1,017 (-5%)	9mo	$132,500	$130	52
505 South Park St	0.61mi	3/1.0 (+1)	980 (-8%)	5mo	$18,500	$19	49
339 Avenue A	0.73mi	3/1.5 (+1)	1,134 (+6%)	2mo	$159,000	$140	47
146 Highland Ave	0.61mi	3/1.0 (+1)	1,229 (+15%)	1mo	$185,900	$151	41
206 Parklane Dr	0.58mi	3/2.0 (+1)	975 (-9%)	9mo	$225,000	$231	41
242 Seneca St	0.73mi	2/1.0	945 (-12%)	9mo	$5,000	$5	39
301 Chalfant St	0.67mi	2/2.0	922 (-14%)	10mo	$167,000	$181	33

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

Projected returns pro-forma

-1.62% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 9.8%
• Equity multiple: 1.42×
• Total profit: $8,560
• Equity at exit: $15,254

10-year hold

• IRR: 16.9%
• Equity multiple: 2.59×
• Total profit: $32,096
• Equity at exit: $14,270

Cash invested: $20,160 (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 15104

• Home prices YoY: -1.1%
• Active inventory: 37
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,064 high
• Mortgage (P&I): −$378
• Tax from tax record: −$183 /mo · $2,198/yr
• Insurance: −$30
• HOA: −$0
• Vacancy / Maint / Mgmt: −$223
• Net cashflow: $250

Break-even live

Break-even rent $748

Max offer price $72,000

Occupancy floor 72%

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: $18,000
• Closing costs: $2,160
• Reserves months: —
• Total cash needed: —

Rent comps 25 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1310 Brinton Ave Unit 1 Braddock, PA	2.0	1.0	800	$1,000	$1.25	43d	1	0.17mi
1508 Ridge Ave Unit 3 Braddock, PA	1.0	1.0	850	$680	$0.80	43d	1	0.17mi
219 North Ave Unit 1 East Pittsburgh, PA	2.0	1.0	850	$900	$1.06	3d	1	0.40mi
810 Wood St Unit 1 East Pittsburgh, PA	1.0	1.0	1000	$1,200	$1.20	7d	1	0.46mi
101 Center St East Pittsburgh, PA	3.0	1.0	1500	$1,505	$1.00	10d	1	0.46mi
227 Parklane Dr Unit Parklane Dr unit North Braddock, PA	3.0	1.0	1107	$1,500	$1.36	12d	1	0.49mi
407 Bessemer Ave Unit 407-3 East Pittsburgh, PA	2.0	1.0	1280	$775	$0.61	43d	1	0.53mi
12 Demmer Ave Unit 2 Pittsburgh, PA	1.0	1.0	750	$725	$0.97	23d	1	0.69mi
817 Kirkpatrick Ave Unit 8171-A Braddock, PA	2.0	1.0	866	$800	$0.92	43d	1	0.92mi
906 Penn Ave Unit B Turtle Creek, PA	3.0	1.0	820	$1,250	$1.52	43d	1	0.97mi
906 Penn Ave Unit B Turtle Creek, PA	3.0	1.0	820	$1,250	$1.52	23d	1	0.97mi
906 Penn Ave Unit D Turtle Creek, PA	3.0	2.0	1277	$1,400	$1.10	43d	1	0.97mi
906 Penn Ave Unit A Turtle Creek, PA	2.0	2.0	1122	$1,250	$1.11	43d	1	0.97mi
505 Washington St Turtle Creek, PA	2.0	1.0	1064	$1,200	$1.13	43d	1	0.98mi
221 Grant St Unit 221-B Turtle Creek, PA	2.0	1.0	756	$775	$1.03	43d	1	1.02mi
17 Sumner Ave Pittsburgh, PA	1.0	1.0	800	$950	$1.19	43d	1	1.03mi
1607 Girard Ave North Versailles, PA	3.0	2.0	1400	$1,595	$1.14	23d	1	1.09mi
539 Atlantic Ave Unit 2 Pittsburgh, PA	3.0	1.0	1200	$995	$0.83	43d	1	1.12mi
537 6th St Braddock, PA	3.0	1.0	1360	$1,400	$1.03	43d	1	1.16mi
918 Oak Ave Turtle Creek, PA	1.0	1.0	750	$1,100	$1.47	23d	1	1.20mi
342 Kenyon St Turtle Creek, PA	1.0–2.0	1.0	850	$1,155	$1.36	14d	6	1.24mi
400 Greensburg Pike North Versailles, PA	3.0	1.0	1324	$1,250	$0.94	43d	1	1.24mi
610 Brown Ave Turtle Creek, PA	3.0	1.0	1268	$1,499	$1.18	4d	1	1.48mi
144 Comrie Ave Braddock, PA	3.0	1.0	1000	$1,250	$1.25	23d	1	1.49mi
287 Palma St North Versailles, PA	3.0	1.5	1008	$1,395	$1.38	43d	1	1.49mi

Listing history 15 events

1. 2026-06-18
   days on market $72,000 Active 59 DOM
2. 2026-06-17
   days on market $72,000 Active 58 DOM
3. 2026-06-16
   days on market $72,000 Active 57 DOM
4. 2026-06-15
   days on market $72,000 Active 56 DOM
5. 2026-06-13
   days on market $72,000 Active 54 DOM
6. 2026-06-09
   days on market $72,000 Active 50 DOM
7. 2026-06-08
   days on market $72,000 Active 49 DOM
8. 2026-06-07
   days on market $72,000 Active 48 DOM
9. 2026-06-05
   days on market $72,000 Active 45 DOM
10. 2026-06-03
    days on market $72,000 Active 44 DOM
11. 2026-06-02
    days on market $72,000 Active 43 DOM
12. 2026-06-01
    days on market $72,000 Active 42 DOM
13. 2026-05-31
    days on market $72,000 Active 41 DOM
14. 2026-04-20
    listed $72,000 Active 944-char remark

    Show marketing remark (944 chars)

    Welcome to this charming 2 bedroom, 1 bathroom home in North Braddock offering comfortable living with great everyday functionality. Step inside to a spacious living room that leads you to a nice sized dining room perfect for entertaining. A nicely sized kitchen right off the dining room with plenty of counter and cabinet space. Both bedrooms are located upstairs and offer plenty of space. The sun porch is perfect for enjoying your morning coffee, unwinding after a long day, or creating a cozy bonus space filled with natural light. The unfinished basement provides ample storage and potential for future use, while the fenced-in yard offers a great outdoor space for pets, entertaining, or simply relaxing. Located just a short distance from Brinton Park, this home offers convenient access to green space, and recreation. With easy access to major roadways and nearby communities, commuting to Pittsburgh and surrounding areas is simple.

15. 1996-09-20
    soldstatus $32,000

ⓘ 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: $2,198 · $183/mo
• Projected year-2 tax: $2,198 · $183/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 3/10 Moderate 7 d/yr ≥97°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,766
• − Mortgage interest: −$4,033
• − Property taxes: −$2,198
• − Insurance: −$360
• − Repairs & maintenance: −$1,021
• − Management: −$1,021
• − Depreciation: −$2,095
• Taxable income: $2,038
• Est. tax owed @ 24.0%: −$489
• After-tax cash flow: $2,508/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: Woodland Hills SD
• NCES district ID: 4216500
• Math proficiency: 13% ▼ -13.00%
• Reading proficiency: 30% ▼ -10.00%
• Median HH income: $41,803
• Composite: 18.31/100
• National rank: #8954
• State rank: #486 of 539 in PA

Livability — North Braddock

• Score: 73/100
• State rank: #550
• US rank: #5126

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: North Braddock, PA
• County: Allegheny County · 1,022,028 people
• City population: 7,946
• Metro: Pittsburgh, PA
• Population (ZIP): 8,034
• Household income: $40,104
• Rent vs Own: 56.3% rent · 43.7% own
• Severe rent burden: 515.0

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 0.56)
• Race & ethnicity: Black 59% White 31% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Romanian 4% Hispanic 1% Lithuanian 1%
• Foreign-born: 0%
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -1.62%
• Current HPI: 138.912
• 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

+125.0% since first listed

2 events — show timeline

• 2026-04-20 Listed $72,000 West Penn MLS
• 1996-09-20 Sold (Public Records) $32,000 Public Records

Property tax history

+4.9%/yr

Latest (2026): $2,198 · +66.8% YoY. Source: county tax records.