$315,000

Estimated payment $1,855/month

Total Views 2,487
Studio
-- Bath
1,504 Sq Ft
$209 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Ceiling Fan
  • 3-minute walk to Cohocksink Recreation Center & Cohox Playground
  • Luxury Vinyl Plank Tile Flooring
  • Radiator

About This Home

Surrounded by new construction, this lovely duplex at 2343 E Somerset St is perfect for investors looking to expand their portfolio or for those wanting to house-hack their way to wealth. Both units are currently under-rented and are month-to-month, offering flexibility to occupy one unit yourself or increase rents to maximize income. Each unit features durable LVP flooring, updated kitchens and bathrooms, and a convenient in-unit washer and dryer, plus a dishwasher. The first-floor unit boasts a private yard, while the second-floor unit showcases an exposed brick wall, adding an industrial-chic touch. The basement is accessed separately and is not included with either lease, making it ideal for your own storage or to rent to a local contractor. Enjoy an unbeatable location just a 10-minute walk to the Market-Frankford El Station at Somerset, 5 minutes to I-95, and close to grocery shopping on Aramingo Avenue, as well as local favorites like Taconelli’s Pizza, Gaul & Co., Nemi, and Her Daughter’s. Current rents are $1,070 for unit 1 and $1,240 for unit 2, offering excellent rental potential in a thriving area.

Listing Agent

Stacy Sanseverino

(215) 627-3500 vicki@kwempower.com KW Empower Brokerage Phone: 2156273500 License #RS281613 Listed on: 12/02/2025

KW Empower

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,616

Year Built

  • Built in 1925

Lot Details

  • 1,173 Sq Ft Lot
  • Lot Dimensions are 16.00 x 73.00

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Stone Foundation
  • Masonry

Interior Spaces

  • 1,504 Sq Ft Home
  • Ceiling Fan
  • Luxury Vinyl Plank Tile Flooring
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Richmond Elementary School
  • Memphis Street Academy Charter School At J.P. Jones Middle School
  • Kensington High School

Utilities

  • Radiator
  • Natural Gas Water Heater

Community Details

  • Port Richmond Subdivision

Listing and Financial Details

  • Tax Lot 171
  • Assessor Parcel Number 251011200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,616

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: Traditional
  • Ownership: Fee Simple
  • Inclusions: 2 refrigerators, 1 washer & dryer pair, 1 stackable washer/dryer
  • New Construction: No
  • Year Built: 1925
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Washer, Dryer
  • Flooring Type: Luxury Vinyl Plank
  • Fireplace: No
  • Foundation Details: Stone
  • Total Sq Ft: 1504
  • Living Area Sq Ft: 1504
  • Price Per Sq Ft: 209.44
  • Above Grade Finished Sq Ft: 1504
  • Above Grade Finished Area Units: Square Feet

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
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: RICHMOND
  • High School: KENSINGTON
  • Middle Or Junior School: MEMPHIS STREET ACADEMY CHARTER SCHOOL AT J.P. JONES

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 16.00 x 73.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1173.00
  • Zoning: RSA5
  • Zoning Description: Legal Duplex

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Water
  • Total Actual Rent: 27720.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1465.00
  • Tax Annual Amount: 2616.00
  • Assessor Parcel Number: 251011200
  • Tax Lot: 171
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Gross Income: 27720.00
  • Other Units: Unit 1,Unit 2

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

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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
2026 $2,310 $186,900 $37,380 $149,520
2025 $2,310 $186,900 $37,380 $149,520
2024 $2,310 $186,900 $37,380 $149,520
2023 $2,310 $165,000 $33,000 $132,000
2022 $1,383 $165,000 $33,000 $132,000
2021 $1,383 $0 $0 $0
2020 $1,383 $0 $0 $0
2019 $1,284 $0 $0 $0
2018 $1,214 $0 $0 $0
2017 $1,214 $0 $0 $0
2016 $1,214 $0 $0 $0
2015 $1,084 $0 $0 $0
2014 -- $80,900 $12,671 $68,229
2012 -- $10,368 $1,054 $9,314
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2025 12/02/25 For Sale $315,000 -- $209 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $20,000 None Listed On Document
Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2562186

Bright MLS

APN: 251011200