1324 W Cumberland St Philadelphia, PA 19132
Hartranft NeighborhoodEstimated payment $2,079/month
About This Home
1324 W Cumberland St is an RM-1 zoned corner property with over 2,500 sq ft of interior space, currently configured as a single-family home with an unfinished commercial space. This versatile property presents a prime opportunity for conversion into multiple rental units, catering to the area’s strong demand for student and professional housing. Positioned in a rapidly growing neighborhood, it benefits from rising property values, strong rental demand, and excellent transit access, including the Broad Street Line and multiple SEPTA bus routes. Located directly behind 1324 W Cumberland and offered at a discount when purchased together is 2453-57 N Park Ave, a 4,728 sq ft vacant lot (approx. 48x99 ft) zoned CMX-2, providing a blank slate for new construction, ideal for residential or mixed-use development. Together, these properties offer a combined lot size of over 6,700 sq ft in a high-growth area near Temple University Hospital, local dining, and key amenities. This is a rare and lucrative investment opportunity in one of Philadelphia’s fastest-developing neighborhoods. Contact us today for more details and to schedule a site visit!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,115
Year Built
- Built in 1915
Lot Details
- 1,036 Sq Ft Lot
- Lot Dimensions are 17.00 x 63.00
Home Design
- 2,615 Sq Ft Home
- Stone Foundation
- Masonry
Utilities
- Radiant Heating System
- Electric Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 371379605
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,429 | $222,600 | $44,520 | $178,080 |
| 2024 | $2,429 | $222,600 | $44,520 | $178,080 |
| 2023 | $2,429 | $173,500 | $34,700 | $138,800 |
| 2022 | $2,801 | $173,500 | $34,700 | $138,800 |
| 2021 | $2,801 | $0 | $0 | $0 |
| 2020 | $2,801 | $0 | $0 | $0 |
| 2019 | $3,063 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $1,198 | $0 | $0 | $0 |
| 2016 | $1,198 | $0 | $0 | $0 |
| 2015 | $1,147 | $0 | $0 | $0 |
| 2014 | -- | $85,600 | $3,789 | $81,811 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2025 01/29/25 | For Sale | $325,000 | +16.1% | $124 / Sq Ft |
| 02/10/2023 02/10/23 | Sold | $280,000 | -29.8% | -- |
| 08/22/2022 08/22/22 | Price Changed | $399,000 | +14.0% | -- |
| 10/21/2021 10/21/21 | Price Changed | $350,000 | +27.3% | -- |
| 01/08/2021 01/08/21 | Price Changed | $275,000 | +5.8% | -- |
| 01/08/2021 01/08/21 | For Sale | $260,000 | -7.1% | -- |
| 12/31/2020 12/31/20 | Off Market | $280,000 | -- | -- |
| 01/31/2019 01/31/19 | For Sale | $260,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $280,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $275,000 | New Conventional |
Source: Bright MLS
MLS Number: PAPH2439788
APN: 371379605
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