1337 E Snyder Ave Philadelphia, PA 19148
East Passyunk NeighborhoodEstimated payment $3,134/month
Highlights
- Very Popular Property
- 1-minute walk to Snyder
- Security Gate
- City View
- Wood Flooring
- Ceiling Fan
About This Home
INVESTOR ALERT!
This five-unit triplex in the heart of East Passyunk offers an exceptional opportunity for full renovation or immediate investment returns. Two units— including a fully finished lower-level studio/business space—are currently rented, providing income from day one. Located just one block off bustling Passyunk Avenue, this property sits steps away from one of South Philadelphia’s most vibrant corridors, known for its award-winning restaurants, cafés, boutique shops, and locally owned businesses. Outdoor enthusiasts will appreciate the proximity to FDR Park, and commuters will love the quick access to the Broad Street Line and SEPTA, offering an easy ride to Center City, the Stadiums, and major transit connections. The building features four one-bedroom efficiency units plus one studio/business space on the lower level. Current rents are well below market, giving future ownership significant upside potential. Continue operating the two occupied units and lease the remaining spaces, or renovate to achieve top-of-market rental rates—either way, the possibilities are strong. Offered as-is, with financials available upon request, this property is perfectly positioned for investors seeking a high-demand location with excellent growth potential. Opportunities like this in East Passyunk don’t last long—schedule your showing today!
Listing Agent
(215) 740-5643 kim@thekimrockgroup.com Keller Williams Real Estate-Langhorne License #0999803 Listed on: 12/07/2025
Co-Listing Agent
laurenconradrealtor@gmail.com Keller Williams Real Estate-Langhorne License #RS358377
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,140
Year Built
- Built in 1915
Lot Details
- 964 Sq Ft Lot
- Lot Dimensions are 15.00 x 64.00
Parking
- On-Street Parking
Home Design
- Triplex
- Brick Foundation
- Masonry
Interior Spaces
- 2,025 Sq Ft Home
- Ceiling Fan
- Wood Flooring
- City Views
- Finished Basement
- Basement Fills Entire Space Under The House
- Security Gate
- Stove
Location
- Urban Location
Utilities
- Ductless Heating Or Cooling System
- Hot Water Baseboard Heater
- 200+ Amp Service
- Natural Gas Water Heater
- Public Septic
Listing and Financial Details
- Assessor Parcel Number 394275805
Community Details
Overview
- 3 Units
- 3-Story Building
Building Details
- 3 Vacant Units
- Income includes apartment rentals
- Insurance Expense $4,600
- Operating Expense $14,067
- Net Operating Income $30,072
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 |
|---|---|---|---|---|
| 2026 | $5,668 | $438,700 | $87,740 | $350,960 |
| 2025 | $5,668 | $438,700 | $87,740 | $350,960 |
| 2024 | $5,668 | $438,700 | $87,740 | $350,960 |
| 2023 | $5,668 | $404,900 | $80,980 | $323,920 |
| 2022 | $5,179 | $359,900 | $80,980 | $278,920 |
| 2021 | $5,809 | $0 | $0 | $0 |
| 2020 | $5,809 | $0 | $0 | $0 |
| 2019 | $5,361 | $0 | $0 | $0 |
| 2018 | $3,707 | $0 | $0 | $0 |
| 2017 | $2,881 | $0 | $0 | $0 |
| 2016 | $2,776 | $0 | $0 | $0 |
| 2015 | $2,657 | $0 | $0 | $0 |
| 2014 | -- | $205,800 | $16,183 | $189,617 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/07/2025 12/07/25 | For Sale | $500,000 | -- | $247 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Bright MLS
MLS Number: PAPH2553564
APN: 394275805
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