1727 Memorial Ave Philadelphia, PA 19104
West Parkside Neighborhood
--
Bed
--
Bath
3,396
Sq Ft
1,485
Sq Ft Lot
About This Home
As of March 2025Charming 4-Unit Building with Live-In and Investment Potential
Property Overview: Welcome to your dream investment opportunity! This charming 4-unit building combines the best of both worlds—offering the ideal space for you to call home while generating income from the additional rental units. Nestled in a desirable neighborhood, this property boasts curb appeal, convenience, and endless possibilities.
Unit 1: Spacious 2-bedroom, 1-bathroom unit with modern amenities, perfect for an owner-occupant.
Unit 2: Cozy 1-bedroom, 1-bathroom unit with a functional layout. Currently occupied
Unit 3: Comfortable studio unit with a versatile space.
Unit 4: Bright and Vibrant 2 Bedroom, 1-bathroom unit, with charming features.
Property Features:
Modern Updates: Top and bottom units have been thoughtfully updated with contemporary fixtures, fresh paint, and new flooring, ensuring a move-in-ready experience.
Off-street parking: Available for all units.
Location Highlights: Situated in a vibrant community, this property offers easy access to local amenities, public transportation, and major highways. Nearby parks, schools, shopping centers, and dining options add to the appeal of this fantastic location.
Investment Potential: Whether you're a savvy investor or a homeowner looking to maximize your investment, this property offers excellent potential. Live in the spacious owner's unit while renting out the other three units to cover your mortgage and generate additional income. Enjoy the benefits of homeownership with the added advantage of rental revenue.
Don't Miss Out: Opportunities like this are rare! Schedule a viewing today and discover the perfect blend of comfort, convenience, and investment potential that this 4-unit building has to offer. Your future starts here!
Last Agent to Sell the Property
RE/MAX Associates-Wilmington License #RA-0030969 Listed on: 02/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,363
Year Built
- Built in 1915
Lot Details
- 1,485 Sq Ft Lot
- Lot Dimensions are 18.00 x 83.00
Parking
- On-Street Parking
Home Design
- 3,396 Sq Ft Home
- Quadruplex
- Masonry
Utilities
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Tax Lot 4063
- Assessor Parcel Number 062273100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2025
Closed on
Mar 14, 2025
Sold by
Odrick Jacqueline
Bought by
Stratton Graham
Seller's Agent
Tony Carlton
RE/MAX Associates-Wilmington
Buyer's Agent
Jesse Frank
KW Empower
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,531
Avg. Annual Appreciation
1.44%
Purchase Details
Closed on
Aug 29, 2005
Sold by
Parker Richard and Estate Of Rev James Parker
Bought by
Odrick Renard and Odrick Jacqueline
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.84%
Mortgage Type
Commercial
Similar Homes in Philadelphia, PA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $360,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Commonwealth Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $269,500 | New Conventional | |
| Previous Owner | $199,500 | Commercial | |
| Previous Owner | $188,500 | Commercial | |
| Previous Owner | $150,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $360,000 | -4.0% | $106 / Sq Ft |
| 02/19/2025 02/19/25 | Off Market | $375,000 | -- | -- |
| 02/06/2025 02/06/25 | For Sale | $375,000 | -- | $110 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,131 | $311,700 | $62,340 | $249,360 |
| 2024 | $7,131 | $311,700 | $62,340 | $249,360 |
| 2023 | $7,131 | $509,400 | $101,800 | $407,600 |
| 2022 | $2,296 | $509,400 | $101,800 | $407,600 |
| 2021 | $2,296 | $0 | $0 | $0 |
| 2020 | $2,296 | $0 | $0 | $0 |
| 2019 | $2,210 | $0 | $0 | $0 |
| 2018 | $1,414 | $0 | $0 | $0 |
| 2017 | $1,414 | $0 | $0 | $0 |
| 2016 | $1,414 | $0 | $0 | $0 |
| 2015 | $1,298 | $0 | $0 | $0 |
| 2014 | -- | $96,900 | $7,972 | $88,928 |
| 2012 | -- | $7,200 | $754 | $6,446 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Carlton
Seller's Agent in 2025
Tony Carlton
RE/MAX
(302) 332-2021
1 in this area
72 Total Sales
-
Jesse Frank
Buyer's Agent in 2025
Jesse Frank
KW Empower
(610) 324-5579
2 in this area
69 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2442738
APN: 062273100
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