$99,000
PENDING

Estimated payment $732/month

Total Views 3,260
-- Bed
-- Bath
2,084 Sq Ft
$48 Price per Sq Ft

About This Home

This large 3-story home is ready to be completed and used as your steppingstone for generational wealth! 2240 W Lehigh Ave is located in an investor friendly section of Philadelphia that is just within arm's reach of Strawberry Mansion and Allegheny West. Being just a 9-minute drive from Temple University, you can take advantage of the appreciation in the area, without the consequence of higher tax! The property is being sold AS-IS with the seller making no representations or warranties. Seller's Disclosure: Seller has never occupied the home. Seller is a lender that acquired the property through foreclosure. Seller has no knowledge of the property. Buyer is responsible for a survey if they need it. Buyer is responsible for U&O and any city requirements.

Please schedule all showings online via Showing Time.
Property is sold AS-IS

Listing Agent

Larry Brown III

KW Empower Listed on: 05/31/2025

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,445

Year Built

  • Built in 1915

Lot Details

  • 1,422 Sq Ft Lot
  • Lot Dimensions are 16.00 x 90.00

Parking

  • On-Street Parking

Home Design

  • 2,084 Sq Ft Home
  • Duplex
  • Bi-Level Home
  • Concrete Perimeter Foundation
  • Masonry

Utilities

  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 162353700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,445

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 5/31/2025 12:00:00 AM
  • Year Built: 1915
  • Automatically Close On Close Date: No
  • Remarks Public: This large 3-story home is ready to be completed and used as your steppingstone for generational wealth! 2240 W Lehigh Ave is located in an investor friendly section of Philadelphia that is just within arm's reach of Strawberry Mansion and Allegheny West. Being just a 9-minute drive from Temple University, you can take advantage of the appreciation in the area, without the consequence of higher tax! The property is being sold AS-IS with the seller making no representations or warranties. Seller's Disclosure: Seller has never occupied the home. Seller is a lender that acquired the property through foreclosure. Seller has no knowledge of the property. Buyer is responsible for a survey if they need it. Buyer is responsible for U&O and any city requirements. Please schedule all showings online via Showing Time. Property is sold AS-IS
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Total Sq Ft: 2084
  • Living Area Sq Ft: 2084
  • Price Per Sq Ft: 47.50
  • Above Grade Finished Sq Ft: 2084
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 2240

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
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • 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: U50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 90.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1422.00
  • Year Assessed: 2025
  • Zoning: RSA5
  • Zoning Description: Buyer to verify proper zoning and usage

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • School Tax: 1369.00
  • Tax Annual Amount: 2445.00
  • Assessor Parcel Number: 162353700
  • Tax Lot: 97
  • Tax Total Finished Sq Ft: 2084
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • 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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List Price
Sold Price
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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 $2,920 $174,700 $34,940 $139,760
2024 $2,920 $174,700 $34,940 $139,760
2023 $2,920 $208,600 $41,720 $166,880
2022 $2,475 $176,800 $41,720 $135,080
2021 $445 $0 $0 $0
2020 $445 $31,800 $5,406 $26,394
2019 $431 $0 $0 $0
2018 $431 $0 $0 $0
2017 $431 $0 $0 $0
2016 $431 $0 $0 $0
2015 $413 $0 $0 $0
2014 -- $30,800 $6,742 $24,058
2012 -- $3,552 $909 $2,643
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Pending -- -- --
07/02/2025 07/02/25 Price Changed $99,000 +32.0% $48 / Sq Ft
05/31/2025 05/31/25 For Sale $75,000 -- $36 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $22,000 None Listed On Document
Warranty Deed $280,000 Boston National Ttl Agcy Llc
Deed $9,821 --
Deed $27,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $386,697 Construction
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2488340

Bright MLS

APN: 162353700