$350,000
UNDER CONTRACT

125 Rutledge Ave Folsom, PA 19033

Estimated payment $2,453/month

Total Views 3,138
Studio
-- Bath
1,760 Sq Ft
$199 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Central Air
  • Hot Water Baseboard Heater

About This Home

Fully turn key duplex featuring two 2 bedroom units that have been meticulously maintained by the same family for over 30 years. Pride of ownership is evident throughout and the property has been consistently cared for with no major renovations or updates needed. Both units share a main entrance, offer dedicated parking, and include large private storage rooms with separate washer and dryer for each unit. The upstairs unit features central AC. With 2 bedroom rentals in the area achieving 1,500 plus per month, the projected gross annual income potential exceeds 36,000, making this an excellent opportunity for investors or a savvy house hacker looking to live in one unit while the other helps offset the mortgage.

Listing Agent

Hannah Schultz

(610) 566-1100 hannahmdgc@gmail.com Coldwell Banker Realty Brokerage Phone: 6105661100 License #RS-0039596 Listed on: 02/26/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,987

Year Built

  • Built in 1943

Lot Details

  • 3,049 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • 1,760 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 493-000
  • Assessor Parcel Number 38-03-01996-03

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,987

Year Built

Built in 1943

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: Kitchen appliances in both units, both washers and dryers in the basement as is condition
  • New Construction: No
  • Expected On Market: 2/27/2026 12:00:00 AM
  • Year Built: 1943
  • Automatically Close On Close Date: Yes
  • Special Features: UnderContract

Interior Features

  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Poured Concrete
  • Total Sq Ft: 1760
  • Living Area Sq Ft: 1760
  • Price Per Sq Ft: 198.86
  • Above Grade Finished Sq Ft: 1760
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Zoning: R-20 TWO FAMILY

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Owner Pays: Water
  • Vacation Rental: No

Tax Info

  • School Tax: 5306.00
  • Tax Annual Amount: 6987.00
  • Assessor Parcel Number: 38-03-01996-03
  • Tax Lot: 493-000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 1

MLS Schools

  • School District Name: RIDLEY

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,252 $180,060 $38,900 $141,160
2024 $6,252 $180,060 $38,900 $141,160
2023 $5,980 $180,060 $38,900 $141,160
2022 $5,788 $180,060 $38,900 $141,160
2021 $8,960 $180,060 $38,900 $141,160
2020 $6,163 $109,090 $30,560 $78,530
2019 $6,050 $109,090 $30,560 $78,530
2018 $5,974 $109,090 $0 $0
2017 $5,974 $109,090 $0 $0
2016 $599 $109,090 $0 $0
2015 $599 $109,090 $0 $0
2014 $599 $109,090 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2026 02/26/26 For Sale $350,000 -- $199 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Bright MLS

MLS Number: PADE2108804

Bright MLS

APN: 38-03-01996-03

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