149 Murdock St · Canonsburg, PA 15317

$35,000

4 bd · 2.5 ba · 3,027 sqft · SingleFamily public records · 149 Days on market

Built 1900 4,356 sqft lot $12/sqft · 88% below area

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Why this score? — see what drove the D+ 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 +15.0/30.0
• ARV discount +7.5/15.0
• Schools +5.3/10.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +4.2/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Attention Investors! The interior has been gutted and is ready for to be put back together with a two story entry! Dilapidated two car detached garage and upper level rear addition have been removed. Incredible Opportunity!

Key facts

• Two story entry
• Detached garage
• 4,356 sq ft lot

Tags

• TWO STORY ENTRY
• DETACHED GARAGE
• UPPER LEVEL REAR ADDITION

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $35k.

Deal economics

• At list price, monthly cash flow is $2k ($18k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $35k).
• Recommended offer: $31k (12.0% below list) — sets the bar for market timing.
• Cap rate 57.8% vs local median 4.7% in Canonsburg — 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 83/100 on livability (#127 in PA, #997 nationally) — a professional / high-income tenant draw. Strengths: crime A+, cost of living A+, housing A+; Watch: health & safety D+, amenities F.
• Canon-Mcmillan SD (suburban): math 49% / reading 72% proficiency, ranked #66 of 539 in PA (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 19% free/reduced lunch — higher-income household profile.
• Market conditions: Rents soft (-2.3%/yr); 195 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 489 units permitted in Washington County in 2024 (30 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $242 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Washington County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $10k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 149 days — a 12% lower offer ($31k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 17y ago; this cycle's ask has dropped $40k (53%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

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

Recommended offer $30,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 149 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are A-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?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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 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: 6.31% ✓
• Cap rate: 57.83%
• Cash-on-cash: 184.06%
• DSCR: 9.19
• GRM: 1.3

CMA / ARV

• ARV (median comp): $290,239
• List price: $35,000
• Delta: -87.94%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
236 W Pike St	0.11mi	4/5.0	3,268 (+8%)	20mo	$500,000	$153	55
1 Morgan St	0.67mi	3/2.0 (-1)	3,070 (+1%)	6mo	$200,000	$65	55
328 Ridge Ave	0.57mi	4/2.5	2,588 (-14%)	11mo	$363,000	$140	40

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 9.53×
• Total profit: $83,627
• Equity at exit: $5,219

10-year hold

• IRR: —
• Equity multiple: 18.47×
• Total profit: $171,218
• Equity at exit: $3,026

Cash invested: $9,800 (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 15317

• Home prices YoY: -30.2%
• Rents YoY: -2.3%
• Active inventory: 195
• Price-to-rent: 1.3×

Monthly cashflow live

• Estimated rent: $2,209 medium
• Mortgage (P&I): −$184
• Tax est. 1.5%: −$44 /mo · $525/yr
• Insurance: −$15
• HOA: −$0
• Vacancy / Maint / Mgmt: −$464
• Net cashflow: $1,503

Break-even live

Break-even rent $306

Max offer price $35,000

Occupancy floor 27%

Sensitivity live

Price	-10% $1,527	-5% $1,515	+0% $1,503	+5% $1,491	+10% $1,479
Rent	-10% $1,329	-5% $1,416	+0% $1,503	+5% $1,590	+10% $1,678
Rate	-1.0pp $1,521	-0.5pp $1,512	base $1,503	+0.5pp $1,494	+1.0pp $1,485

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: $8,750
• Closing costs: $1,050
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
437 Greenwood Dr Canonsburg, PA	3.0	3.5	2382	$2,500	$1.05	13d	1	0.94mi

Listing history 33 events

1. 2026-06-18
   days on market $35,000 Active 149 DOM
2. 2026-06-17
   days on market $35,000 Active 148 DOM
3. 2026-06-16
   days on market $35,000 Active 147 DOM
4. 2026-06-15
   days on market $35,000 Active 146 DOM
5. 2026-06-13
   days on market $35,000 Active 144 DOM
6. 2026-06-09
   days on market $35,000 Active 140 DOM
7. 2026-06-08
   days on market $35,000 Active 139 DOM
8. 2026-06-07
   days on market $35,000 Active 138 DOM
9. 2026-06-03
   days on market $35,000 Active 134 DOM
10. 2026-06-02
    days on market $35,000 Active 133 DOM
11. 2026-06-01
    days on market $35,000 Active 132 DOM
12. 2026-05-31
    days on market $35,000 Active 131 DOM
13. 2026-02-26
    price $65,000 225-char remark

    Show marketing remark (225 chars)

    Attention Investors! The interior has been gutted and is ready for to be put back together with a two story entry! Dilapidated two car detached garage and upper level rear addition have been removed. Incredible Opportunity!

14. 2026-01-19
    listed $75,000 Active 225-char remark

    Show marketing remark (225 chars)

    Attention Investors! The interior has been gutted and is ready for to be put back together with a two story entry! Dilapidated two car detached garage and upper level rear addition have been removed. Incredible Opportunity!

15. 2024-08-30
    soldstatus $59,000
16. 2024-08-23
    soldstatus $59,000 Closed 227-char remark

    Show marketing remark (227 chars)

    Lots of room throughout this house. With a little elbow grease these 3 bed/2.5 baths would make a grand home. House has 2 kitchen, 1 upstairs and 1 downstairs. Located on a corner lot, with a fenced yard. 2 car detached garage.

17. 2024-07-27
    status Pending 227-char remark

    Show marketing remark (227 chars)

    Lots of room throughout this house. With a little elbow grease these 3 bed/2.5 baths would make a grand home. House has 2 kitchen, 1 upstairs and 1 downstairs. Located on a corner lot, with a fenced yard. 2 car detached garage.

18. 2024-05-13
    listed $59,900 Active 227-char remark

    Show marketing remark (227 chars)

    Lots of room throughout this house. With a little elbow grease these 3 bed/2.5 baths would make a grand home. House has 2 kitchen, 1 upstairs and 1 downstairs. Located on a corner lot, with a fenced yard. 2 car detached garage.

19. 2024-05-02
    soldstatus $31,693 Closed
20. 2024-01-12
    status Pending
21. 2023-12-16
    listed $34,760 Active
22. 2021-06-17
    price $77,500
23. 2021-06-17
    price $77,500
24. 2021-01-21
    status Active
25. 2021-01-21
    status Active
26. 2021-01-13
    historical Contingent
27. 2021-01-13
    historical Contingent
28. 2020-10-15
    listed $75,000 Active
29. 2020-10-15
    listed $75,000 Active
30. 2009-07-10
    soldstatus $55,000
31. 2009-07-03
    soldstatus $55,000
32. 2009-07-03
    price $59,900
33. 2009-02-11
    listed $55,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥95°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,507
• − Mortgage interest: −$1,961
• − Property taxes: −$525
• − Insurance: −$175
• − Repairs & maintenance: −$2,121
• − Management: −$2,121
• − Depreciation: −$1,018
• Taxable income: $18,587
• Est. tax owed @ 24.0%: −$4,461
• After-tax cash flow: $13,577/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: Canon-Mcmillan SD
• NCES district ID: 4204890
• Math proficiency: 49% ▼ -14.00%
• Reading proficiency: 72% ▼ -8.00%
• Median HH income: $62,946
• Composite: 52.63/100
• National rank: #1557
• State rank: #66 of 539 in PA

Livability — Canonsburg

• Score: 83/100
• State rank: #127
• US rank: #997

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Canonsburg, PA
• County: Washington County · 106,469 people
• City population: 43,871
• Metro: Pittsburgh, PA
• Population (ZIP): 43,871
• Household income: $108,044
• Rent vs Own: 20.7% rent · 79.3% own
• Severe rent burden: 478.0

Population outlook (Washington County) Hauer SSP2

• Today (2025): 208,060 people
• By 2030: 207,168 · -0.4%
• By 2040: 202,738 · -2.6%
• By 2050: 195,269 · -6.1%
• By 2075: 175,588 · -15.6%
• By 2100: 145,827 · -29.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Asian 3% Two or more races 3% Black 3% Hispanic / Latino 2%
• Common ancestry: Romanian 9% Slovak 3% Serbian 2%
• Foreign-born: 4% · Canada, India
• Languages at home: 95% English-only · Other Indo-European 2% Spanish 1% German/W. Germanic 1%

Political lean MEDSL · Washington

• 2024 margin: Strong R (+25.5) · D 36.9% · R 62.4%
• 2008→2024 swing: -20.8pp toward R · 2008: -4.7pp · 2024: -25.5pp
• All cycles: 2024: R+25.5 2020: R+22.8 2016: R+25.3 2012: R+13.3 2008: R+4.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -110.61%
• Current HPI: 256.016
• Rent YoY: ▼ -2.29%
• 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

+18.2% since first listed

21 events — show timeline

• 2026-02-26 Price Changed $65,000 West Penn MLS
• 2026-01-19 Listed $75,000 West Penn MLS
• 2024-08-30 Sold (Public Records) $59,000 Public Records
• 2024-08-23 Sold (MLS) $59,000 West Penn MLS
• 2024-07-27 Pending — West Penn MLS
• 2024-05-13 Listed $59,900 West Penn MLS
• 2024-05-02 Sold (MLS) $31,693 BRIGHT MLS
• 2024-01-12 Pending — BRIGHT MLS
• 2023-12-16 Listed $34,760 BRIGHT MLS
• 2021-06-17 Price Changed $77,500 West Penn MLS
• 2021-06-17 Price Changed $77,500 West Penn MLS
• 2021-01-21 Relisted — West Penn MLS
• 2021-01-21 Relisted — West Penn MLS
• 2021-01-13 Contingent — West Penn MLS
• 2021-01-13 Contingent — West Penn MLS
• 2020-10-15 Listed $75,000 West Penn MLS
• 2020-10-15 Listed $75,000 West Penn MLS
• 2009-07-10 Sold (Public Records) $55,000 Public Records
• 2009-07-03 Price Changed $59,900 West Penn MLS
• 2009-07-03 Sold (MLS) $55,000 West Penn MLS
• 2009-02-11 Listed $55,000 West Penn MLS

Property tax history

+4.6%/yr

Latest (2026): $2,565 · +1.5% YoY. Source: county tax records.