$190,000

Estimated payment $1,267/month

Total Views 6,982
-- Bed
-- Bath
1,424 Sq Ft
$133 Price per Sq Ft

About This Home

Investor Opportunity – Turnkey Duplex with Reliable Cash Flow!Fully occupied duplex in a prime location, ideal for long- or short-term rental—especially attractive to area hospital staff. This income-producing property features long-term, paying tenants and separate utilities, making it a hassle-free addition to your portfolio.Highlights:Strong rental historyTenants pay all utilitiesConvenient access to Market-Frankford Line, I-95, shopping, and hospitalsOwner also selling nearby 1 bed / 1 bath duplex as a package dealBuyer responsible for verifying 2025 taxes24-hour notice required for showingsPhotos shown are from before tenant occupancy (provided by owner)Don’t miss this opportunity to earn immediate income! Schedule your showing today!

Listing Agent

Lisa Risco

Keller Williams Main Line License #AB067753 Listed on: 03/21/2025

Keller Williams Main Line

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,501

Year Built

  • Built in 1925

Lot Details

  • 1,503 Sq Ft Lot
  • Lot Dimensions are 16.00 x 97.00

Parking

  • On-Street Parking

Home Design

  • 1,424 Sq Ft Home
  • Duplex
  • Straight Thru Architecture
  • Flat Roof Shape
  • Concrete Perimeter Foundation
  • Masonry

Schools

  • Frankford High School

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • Municipal Trash

Listing and Financial Details

  • Tax Lot 133
  • Assessor Parcel Number 232215400

Community Details

Overview

  • 2 Units
  • 2-Story Building
  • Frankford Subdivision

Building Details

  • Income includes apartment rentals
  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,501

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 2025-03-21
  • Year Built: 1925
  • Remarks Public: Investor Opportunity – Turnkey Duplex with Reliable Cash Flow! Fully occupied duplex in a prime location, ideal for long- or short-term rental—especially attractive to area hospital staff. This income-producing property features long-term, paying tenants and separate utilities, making it a hassle-free addition to your portfolio. Highlights: Strong rental history Tenants pay all utilities Convenient access to Market-Frankford Line, I-95, shopping, and hospitals Owner also selling nearby 1 bed / 1 bath duplex as a package deal Buyer responsible for verifying 2025 taxes 24-hour notice required for showings Photos shown are from before tenant occupancy (provided by owner) Don’t miss this opportunity to earn immediate income! Schedule your showing today!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Room Count: 9
  • Total Sq Ft: 1424
  • Living Area Sq Ft: 1424
  • Price Per Sq Ft: 133.43
  • Above Grade Finished Sq Ft: 1424
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1644

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 600.00
  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Schools

  • School District: PHILADELPHIA CITY
  • High School: FRANKFORD
  • High School Source: 3rd Party
  • School District Key: 803408593408
  • School District Source: 3rd Party
  • High School: FRANKFORD

Lot Info

  • Land Use Code: U30
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 97.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1503.00
  • Year Assessed: 2025
  • Zoning: RM1
  • Zoning Description: Multifamily

Rental Info

  • Existing Lease Type: Gross, Month To Month
  • Number Of Units Month To Month: 2
  • Owner Pays: Insurance, Reserves For Replacement, Taxes - Real Estate
  • Total Actual Rent: 21600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1400.00
  • Tax Annual Amount: 2501.00
  • Assessor Parcel Number: 232215400
  • Tax Lot: 133
  • Tax Total Finished Sq Ft: 1424
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Gross Scheduled Income: 21600.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

Range of Values:

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Average Value
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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 $1,594 $178,700 $35,740 $142,960
2024 $1,594 $178,700 $35,740 $142,960
2023 $1,594 $113,900 $22,700 $91,200
2022 $956 $113,900 $22,700 $91,200
2021 $956 $0 $0 $0
2020 $956 $0 $0 $0
2019 $918 $0 $0 $0
2018 $1,022 $0 $0 $0
2017 $1,022 $0 $0 $0
2016 $1,022 $0 $0 $0
2015 $978 $0 $0 $0
2014 -- $73,000 $15,831 $57,169
2012 -- $9,920 $1,081 $8,839
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 Price Changed $190,000 -5.0% $133 / Sq Ft
04/28/2025 04/28/25 Price Changed $199,900 -7.0% $140 / Sq Ft
04/04/2025 04/04/25 Price Changed $214,900 -4.4% $151 / Sq Ft
03/21/2025 03/21/25 For Sale $224,900 +287.8% $158 / Sq Ft
04/24/2015 04/24/15 Sold $58,000 -3.3% $41 / Sq Ft
02/14/2015 02/14/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $60,000 -- $42 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $58,000 None Available
Deed $18,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $68,000 Balloon
Closed $66,000 New Conventional
Previous Owner $43,500 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2457942

Bright MLS

APN: 232215400