1501 Elbridge St Philadelphia, PA 19149
Castor Gardens NeighborhoodEstimated payment $2,382/month
Highlights
- 0.15 Acre Lot
- Wood Flooring
- Corner Lot
- Straight Thru Architecture
- Garden View
- 2-minute walk to Max Myers Playground
About This Home
Welcome to this well-maintained, income-generating duplex situated on a spacious corner lot. This property features two fully occupied units, each offering 2 bedrooms and 1 bathroom with a functional and comfortable floor plan. Both units include access to a shared basement, providing additional storage or potential for further use.
Ideal for both owner-occupants and investors, the building has been thoughtfully maintained with recent updates, including newer stoves and brand-new water heaters. Tenants are currently on a month-to-month lease, offering flexibility for future plans.
Outside, enjoy a charming and large yard perfect for relaxation or entertaining, along with off-street parking for two full-size vehicles located at the rear of the property.
Conveniently located near public transportation, shopping centers, and schools, this duplex presents an excellent opportunity for steady rental income in a prime location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,624
Year Built
- Built in 1950
Lot Details
- 6,635 Sq Ft Lot
- Lot Dimensions are 64.00 x 104.00
- Corner Lot
- Property is in very good condition
Home Design
- Duplex
- Straight Thru Architecture
- Flat Roof Shape
- Masonry
Interior Spaces
- 1,764 Sq Ft Home
- Ceiling Fan
- Wood Flooring
- Garden Views
- Basement Fills Entire Space Under The House
- Stove
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
Utilities
- Cooling System Mounted In Outer Wall Opening
- Radiator
- Hot Water Heating System
- 100 Amp Service
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 372
- Assessor Parcel Number 541114700
Community Details
Overview
- 2 Units
- 2-Story Building
- Castor Gardens Subdivision
Building Details
- Income includes apartment rentals
- Gross Income $27,300
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 | $2,867 | $401,800 | $80,360 | $321,440 |
| 2024 | $2,867 | $401,800 | $80,360 | $321,440 |
| 2023 | $2,867 | $204,800 | $32,500 | $172,300 |
| 2022 | $2,867 | $204,800 | $32,500 | $172,300 |
| 2021 | $2,867 | $0 | $0 | $0 |
| 2020 | $2,867 | $0 | $0 | $0 |
| 2019 | $2,751 | $0 | $0 | $0 |
| 2018 | $2,462 | $0 | $0 | $0 |
| 2017 | $2,462 | $0 | $0 | $0 |
| 2016 | $2,462 | $0 | $0 | $0 |
| 2015 | $2,357 | $0 | $0 | $0 |
| 2014 | -- | $175,900 | $95,516 | $80,384 |
| 2012 | -- | $20,384 | $3,899 | $16,485 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Pending | -- | -- | -- |
| 06/11/2025 06/11/25 | For Sale | $359,000 | -- | $204 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $205,000 | None Available | |
| Deed | $225,000 | None Available | |
| Deed | $125,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $157,500 | Commercial | |
| Previous Owner | $124,019 | FHA |
Source: Bright MLS
MLS Number: PAPH2493556
APN: 541114700
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