1628 W Lehigh Ave Philadelphia, PA 19132
North Philadelphia West NeighborhoodEstimated payment $2,068/month
Highlights
- Straight Thru Architecture
- More Than Two Accessible Exits
- Electric Baseboard Heater
- No HOA
- Central Heating and Cooling System
About This Home
FULL 2025 GUT RENOVATION Rare 6-Bedroom, 3-Bath home delivering immediate income and zero rehab risk. This tenant occupied property combines new build quality with day one cash flow: tenant lease in place at $2,639/month, tenant pays all utilities and will yield $1000 in monthly cash flow!
Every system and finish is brand new including electrical, plumbing, HVAC, roof, windows, flooring, and fixtures. The layout flows across three levels with spacious bedrooms, modern bathrooms, quartz counters and stainless steel appliances. The exterior has been completely refreshed with new paint, fencing, and a private rear patio for low-maintenance outdoor space.
Located minutes from Temple University, major transit lines, and North Broad redevelopment corridors, this property offers stability and appreciation potential. Ideal for turnkey investors, house-hackers, or 1031 buyers seeking predictable yield and modern construction.
At the current rent, this asset performs above local multifamily averages, a rare 6-bedroom renovated product under $400K with an 8%+ gross cap rate. Schedule your appointment today.
Listing Agent
(412) 363-4000 ssmith8786@yahoo.com Keller Williams Main Line License #1859517111111 Listed on: 11/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $957
Year Built
- Built in 1915
Lot Details
- 1,038 Sq Ft Lot
- Lot Dimensions are 15.00 x 70.00
- Property is zoned RSA5
Parking
- On-Street Parking
Home Design
- Straight Thru Architecture
- Brick Foundation
- Masonry
Interior Spaces
- 1,929 Sq Ft Home
- Property has 3 Levels
- Finished Basement
Bedrooms and Bathrooms
- 6 Main Level Bedrooms
- 3 Full Bathrooms
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Central Heating and Cooling System
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
- Allegheny West Subdivision
Listing and Financial Details
- Tax Lot 145
- Assessor Parcel Number 161325800
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 | $549 | $68,400 | $13,680 | $54,720 |
| 2025 | $549 | $68,400 | $13,680 | $54,720 |
| 2024 | $549 | $68,400 | $13,680 | $54,720 |
| 2023 | $549 | $39,200 | $7,840 | $31,360 |
| 2022 | $143 | $39,200 | $7,840 | $31,360 |
| 2021 | $143 | $0 | $0 | $0 |
| 2020 | $143 | $0 | $0 | $0 |
| 2019 | $139 | $0 | $0 | $0 |
| 2018 | $209 | $0 | $0 | $0 |
| 2017 | $209 | $0 | $0 | $0 |
| 2016 | $209 | $0 | $0 | $0 |
| 2015 | $239 | $0 | $0 | $0 |
| 2014 | -- | $17,800 | $3,626 | $14,174 |
| 2012 | -- | $3,168 | $539 | $2,629 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/03/2025 11/03/25 | For Sale | $379,000 | 0.0% | $196 / Sq Ft | |
| 10/19/2025 10/19/25 | Rented | $2,639 | 0.0% | -- | |
| 09/07/2025 09/07/25 | Price Changed | $2,639 | +68.1% | $1 / Sq Ft | |
| 06/20/2025 06/20/25 | For Rent | $1,570 | 0.0% | -- | |
| 11/16/2018 11/16/18 | Sold | $25,000 | 0.0% | $14 / Sq Ft | View Prior Sale |
| 10/04/2018 10/04/18 | For Sale | $25,000 | -- | $14 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $52,000 | Properties Abstract | |
| Deed | $25,000 | Springfield Abstract Inc | |
| Deed | $20,000 | None Available | |
| Sheriffs Deed | $4,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $159,800 | Construction |
Source: Bright MLS
MLS Number: PAPH2555402
APN: 161325800
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