1713 Tripp Ave · Dunmore, PA 18512

$175,000

4 bd · 2.0 ba · 1,984 sqft · Other · 14 Days on market

Built 1920 2,178 sqft lot $88/sqft · 26% below area Est $236k · 26% under

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Why this score? — see what drove the C 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 +17.8/30.0
• ARV discount +15.0/15.0
• DSCR +5.6/10.0
• 1% rule +4.8/10.0
• Livability +3.7/5.0
• Schools +3.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Located in the heart of Dunmore, this up-and-down duplex is a fantastic opportunity to expand your investment portfolio. Featuring separate electric heat, ample off-street parking, and generously sized rooms, the property offers solid fundamentals with plenty of upside potential. Bring your vision and finishing touches to transform this property into a strong income producer--perfect timing for a summer project with the goal of full occupancy by early fall. All information is approximate and not guaranteed

Key facts

• 2,178 sq ft lot
• Built 1920
• Listed 14 days

Property features AI

Finance

• Other: Total living area reported as 1,984 (above grade finished area)
• Financial info: Residential income property with 2 units

Exterior

• Utilities: Public water; Public sewer
• Home design: Multi-family residential property; 2 units (duplex); Built in 1920; Fixer condition
• Construction: Composition roof; Assessor-reported year built: 1920
• Exterior features: City street frontage; Publicly maintained road

Interior

• Kitchen: Kitchens in both units
• Bedrooms: 4 total (Unit 1: 2 bedrooms on 1st floor; Unit 2: 2 bedrooms on 2nd floor)
• Bathrooms: 2 total (both full bathrooms; Unit 1: 1 full; Unit 2: 1 full)
• Heating & cooling: Baseboard heating; Electric heating
• Interior features: Range; Refrigerator; Unfinished basement

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath other listed at $175k.

Deal economics

• At list price, monthly cash flow is $145 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $171k (2.0% below list).
• Recommended offer: $171k (2.0% below list) — sets the bar for 1% rule.
• Cap rate 7.3% vs local median 4.4% in Dunmore — 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 73/100 on livability (#558 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B; Watch: amenities F, commute F, health & safety F.
• Dunmore SD (suburban): math 30% / reading 54% proficiency, ranked #324 of 539 in PA (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 30 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 251 units permitted in Lackawanna County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Lackawanna County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $45k; list at $175k implies a 289% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $171,465 (2.0% below list)

Questions for the listing agent

1. Built in 1920 — 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 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?
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: 0.98% ✗
• Cap rate: 7.29%
• Cash-on-cash: 3.56%
• DSCR: 1.16
• GRM: 8.5

CMA / ARV

• ARV (median comp): $235,794
• List price: $175,000
• Delta: -25.78%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -10.7%
• Equity multiple: 0.61×
• Total profit: $-19,085
• Equity at exit: $26,093

10-year hold

• IRR: -1.4%
• Equity multiple: 0.91×
• Total profit: $-4,606
• Equity at exit: $15,131

Cash invested: $49,000 (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 18512

• Active inventory: 30
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $1,715 high
• Mortgage (P&I): −$918
• Tax est. 1.5%: −$219 /mo · $2,625/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$360
• Net cashflow: $145

Break-even live

Break-even rent $1,531

Max offer price $175,000

Occupancy floor 87%

Sensitivity live

Price	-10% $266	-5% $206	+0% $145	+5% $85	+10% $24
Rent	-10% $10	-5% $77	+0% $145	+5% $213	+10% $281
Rate	-1.0pp $233	-0.5pp $190	base $145	+0.5pp $100	+1.0pp $54

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
200 Chestnut St Dunmore, PA	3.0	1.0	1300	$1,600	$1.23	14d	1	0.21mi
1707 Monroe Ave Scranton, PA	4.0	2.5	2202	$2,000	$0.91	21d	1	0.41mi
1719 Madison Ave Scranton, PA	3.0	1.0	1600	$1,450	$0.91	44d	1	0.51mi
621 New York St Dunmore, PA	4.0	1.0	1500	$1,350	$0.90	21d	1	0.66mi
1528 Wyoming Ave Scranton, PA	5.0	1.5	2500	$2,500	$1.00	21d	1	0.81mi
945 Woodlawn St Scranton, PA	3.0	1.0	1500	$1,450	$0.97	21d	1	0.96mi

Listing history 2 events

1. 2026-05-04
   listed $175,000 Active 511-char remark
2. 2000-02-04
   soldstatus $45,000

ⓘ 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 ≥92°F today · 16 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 4% 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: $20,576
• − Mortgage interest: −$9,803
• − Property taxes: −$2,625
• − Insurance: −$875
• − Repairs & maintenance: −$1,646
• − Management: −$1,646
• − Depreciation: −$5,091
• Taxable loss: −$1,110
• Est. tax savings @ 24.0%: +$266
• After-tax cash flow: $2,009/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: Dunmore SD
• NCES district ID: 4207980
• Math proficiency: 30% ▼ -16.00%
• Reading proficiency: 54% ▼ -13.00%
• Median HH income: $48,540
• Composite: 35.92/100
• National rank: #4806
• State rank: #324 of 539 in PA

Livability — Dunmore

• Score: 73/100
• State rank: #558
• US rank: #5204

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Dunmore, PA
• City population: 12,714
• Population (ZIP): 12,714

Population outlook (Lackawanna County) Hauer SSP2

• Today (2025): 210,652 people
• By 2030: 208,623 · -1.0%
• By 2040: 203,980 · -3.2%
• By 2050: 201,069 · -4.5%
• By 2075: 205,026 · -2.7%
• By 2100: 210,851 · +0.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 5% Two or more races 4% Asian 4% Black 1%
• Common ancestry: Romanian 14% Scotch-Irish 2% Subsaharan African 1%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 3% Other Indo-European 2% Tagalog/Filipino 1%

Political lean MEDSL · Lackawanna

• 2024 margin: Toss-up / Even · D 51.0% · R 48.3%
• 2008→2024 swing: -23.2pp toward R · 2008: 26.0pp · 2024: 2.8pp
• All cycles: 2024: D+2.8 2020: D+8.4 2016: D+3.4 2012: D+27.4 2008: D+26.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -174.14%
• Current HPI: 150.6545
• 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

+288.9% since first listed

3 events — show timeline

• 2026-05-20 Pending — GSBR as distributed by MLS GRID
• 2026-05-04 Listed $175,000 GSBR as distributed by MLS GRID
• 2000-02-04 Sold (Public Records) $45,000 Public Records

Property tax history

+33.4%/yr

Latest (2026): $53,716 · +1668.4% YoY. Source: county tax records.