$450,000

Estimated payment $2,666/month

Total Views 971
-- Bed
-- Bath
2,733 Sq Ft
$165 Price per Sq Ft

Highlights

  • Straight Thru Architecture
  • Forced Air Heating System
  • 5-minute walk to 20th & Tioga Street Park

About This Home

Welcome to 1809 W. Venango Street — a fully updated 6-unit apartment building in the heart of Tioga/Nicetown, just steps from Broad Street and convenient public transportation. This turnkey property offers a mix of three spacious 1-bedroom apartments and three efficiency units, providing excellent rental versatility and income potential. Each unit has been thoughtfully renovated with modern flooring, updated kitchens featuring white shaker cabinetry, sleek countertops, tiled backsplashes, and refreshed bathrooms with contemporary tile finishes. Recessed lighting and ceiling fans add both comfort and style throughout. The first-floor rear unit enjoys direct access to a private backyard—an attractive perk for tenants looking for outdoor space. The building is outfitted with a fire alarm system, separate meters for the 1-bedroom units, and utilities included for the efficiencies, simplifying management and reducing overhead. Currently, five units are vacant and ready for lease, while one 1-bedroom unit is already rented at $950/month. This leaves substantial upside potential for the next owner to bring all units to market rents. Situated close to schools, local parks, and major transit options, this property is ideal for both experienced investors and those looking to begin their real estate portfolio. Don’t miss the chance to own a high-demand, income-producing property—schedule your showing today and start building long-term wealth!

Listing Agent

Michelle Phillips

Luxe Real Estate LLC License #RM425239 Listed on: 06/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,799

Year Built

  • Built in 1930

Lot Details

  • 1,840 Sq Ft Lot
  • Lot Dimensions are 16.00 x 115.00

Parking

  • On-Street Parking

Home Design

  • 2,733 Sq Ft Home
  • Straight Thru Architecture
  • Brick Exterior Construction

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 4 Units
  • 5 Vacant Units

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 131008900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,799

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1930
  • Remarks Public: Welcome to 1809 W. Venango Street — a fully updated 6-unit apartment building in the heart of Tioga/Nicetown, just steps from Broad Street and convenient public transportation. This turnkey property offers a mix of three spacious 1-bedroom apartments and three efficiency units, providing excellent rental versatility and income potential. Each unit has been thoughtfully renovated with modern flooring, updated kitchens featuring white shaker cabinetry, sleek countertops, tiled backsplashes, and refreshed bathrooms with contemporary tile finishes. Recessed lighting and ceiling fans add both comfort and style throughout. The first-floor rear unit enjoys direct access to a private backyard—an attractive perk for tenants looking for outdoor space. The building is outfitted with a fire alarm system, separate meters for the 1-bedroom units, and utilities included for the efficiencies, simplifying management and reducing overhead. Currently, five units are vacant and ready for lease, while one 1-bedroom unit is already rented at $950/month. This leaves substantial upside potential for the next owner to bring all units to market rents. Situated close to schools, local parks, and major transit options, this property is ideal for both experienced investors and those looking to begin their real estate portfolio. Don’t miss the chance to own a high-demand, income-producing property—schedule your showing today and start building long-term wealth!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2733
  • Living Area Sq Ft: 2733
  • Price Per Sq Ft: 164.65
  • Above Grade Finished Sq Ft: 2733
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1809

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: W50
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 115.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1840.00
  • Year Assessed: 2025
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • School Tax: 1567.00
  • Tax Annual Amount: 2799.00
  • Assessor Parcel Number: 131008900
  • Tax Lot: 139
  • Tax Total Finished Sq Ft: 2733
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Number Of Units Vacant: 5
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Single Room Units Count: 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

Range of Values:

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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 $5,812 $200,000 $40,000 $160,000
2024 $5,812 $200,000 $40,000 $160,000
2023 $5,812 $415,200 $83,040 $332,160
2022 $1,163 $415,200 $83,040 $332,160
2021 $1,163 $0 $0 $0
2020 $1,163 $0 $0 $0
2019 $1,125 $0 $0 $0
2018 $1,307 $0 $0 $0
2017 $1,307 $0 $0 $0
2016 $1,307 $0 $0 $0
2015 $1,252 $0 $0 $0
2014 -- $93,400 $9,186 $84,214
2012 -- $6,592 $1,054 $5,538
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $450,000 -- $165 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $14,256 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $415,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2494842

Bright MLS

APN: 131008900