$285,000

Estimated payment $1,953/month

Total Views 1,108
-- Bed
-- Bath
2,759 Sq Ft
$103 Price per Sq Ft

About This Home

Investor's Dream: 5-Unit Property in Philadelphia - 1705 W Erie Ave, 19140 Discover an exciting investment opportunity in the bustling real estate market of Philadelphia. Presenting 1705 W Erie Ave, a strategically located 5-unit property with tremendous potential. Priced at just $285,000, this property is a golden ticket for investors looking for steady income and future growth. Key Features: 1. Diverse Rental Units: This property boasts a diverse rental portfolio, including two two-bedroom units, two comfortable one-bedroom units, and one efficient studio unit. Such diversity ensures a wide tenant base, increasing rental stability. 2. Current Occupancy: 4 out of the 5 units are currently rented. 3. Prime Location: Situated in the dynamic 19140 area, tenants enjoy easy access to essential amenities, public transportation, and the city's thriving cultural scene. 4. Income Potential: With both current and potential rental income, this property offers a solid return on investment and the ability to increase cash flow over time. 5. Affordable Entry: Priced attractively at $285,000, this property is a cost-effective way to enter or expand your real estate investment portfolio. Seize this opportunity to add a fantastic income-generating property to your investment portfolio. Schedule a viewing today to explore 1705 W Erie Ave's potential further. Contact us for more information and to discuss how this property aligns with your investment goals.

Listing Agent

Kyle Keenan

Keller Williams Real Estate-Langhorne License #RS349530 Listed on: 08/21/2025

Keller Williams Real Estate-Langhorne

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,938

Year Built

  • Built in 1930

Lot Details

  • 1,566 Sq Ft Lot
  • Lot Dimensions are 16.00 x 100.00

Home Design

  • 2,759 Sq Ft Home
  • Straight Thru Architecture
  • Stone Foundation
  • Masonry

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 4 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 96
  • Assessor Parcel Number 881298920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,938

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Remarks Public: Investor's Dream: 5-Unit Property in Philadelphia - 1705 W Erie Ave, 19140 Discover an exciting investment opportunity in the bustling real estate market of Philadelphia. Presenting 1705 W Erie Ave, a strategically located 5-unit property with tremendous potential. Priced at just $285,000, this property is a golden ticket for investors looking for steady income and future growth. Key Features: 1. Diverse Rental Units: This property boasts a diverse rental portfolio, including two two-bedroom units, two comfortable one-bedroom units, and one efficient studio unit. Such diversity ensures a wide tenant base, increasing rental stability. 2. Current Occupancy: 4 out of the 5 units are currently rented. 3. Prime Location: Situated in the dynamic 19140 area, tenants enjoy easy access to essential amenities, public transportation, and the city's thriving cultural scene. 4. Income Potential: With both current and potential rental income, this property offers a solid return on investment and the ability to increase cash flow over time. 5. Affordable Entry: Priced attractively at $285,000, this property is a cost-effective way to enter or expand your real estate investment portfolio. Seize this opportunity to add a fantastic income-generating property to your investment portfolio. Schedule a viewing today to explore 1705 W Erie Ave's potential further. Contact us for more information and to discuss how this property aligns with your investment goals.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Stone
  • Total Sq Ft: 2759
  • Living Area Sq Ft: 2759
  • Price Per Sq Ft: 103.30
  • Above Grade Finished Sq Ft: 2759
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1705

Exterior Features

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

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: CA0
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1566.00
  • Year Assessed: 2025
  • Zoning: RM1

Rental Info

  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 2765.00
  • Tax Annual Amount: 4938.00
  • Assessor Parcel Number: 881298920
  • Tax Lot: 96
  • Tax Total Finished Sq Ft: 2759
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Single Room Units Count: 1

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

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Sale $285,000 +16.3% $103 / Sq Ft
09/22/2017 09/22/17 Sold $245,000 -5.8% $89 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $260,000 -- $94 / Sq Ft
Source: Bright MLS

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Source: Bright MLS

MLS Number: PAPH2529860

Bright MLS

APN: 13-1-0593-00