$375,000

240-42 W Glenwood Ave Philadelphia, PA 19140

Upper Kensington Neighborhood

Estimated payment $2,563/month

Total Views 1,656
-- Bed
-- Bath
3,167 Sq Ft
$118 Price per Sq Ft

Highlights

  • Traditional Architecture
  • More Than Two Accessible Exits
  • Wall Furnace
  • 2 Car Detached Garage

About This Home

A well-maintained triplex offering exceptional rental income potential. Each of the three spacious units features 2 bedrooms, a full bath, and a kitchen, making this a desirable choice for tenants seeking comfortable living in a convenient location. The property includes a detached 2-car garage, providing off-street parking and additional rental income. A major bonus is the finished basement with a full bath and a separate entrance, offering the flexibility to be used as a fourth rental unit, in-law suite, or communal tenant space, a rare feature for these kinds of properties. Currently the 2nd and 3rd floor are empty, 1st floor is tenant occupied on a month to month lease. Previous leases were $1000/month for 3rd floor, $1100/month for 2nd floor, current tenant pays $1150/month for first floor. Garage is rented out for $400/month. Adding in the freshly renovated basement and the numbers only get better. Whether you're expanding your portfolio or looking for a smart house-hack opportunity, this triplex could become one of your best investments.

Listing Agent

Alex Kovtun

HomeSmart Realty Advisors Listed on: 05/30/2025

HomeSmart Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,835

Year Built

  • Built in 1915

Lot Details

  • 1,302 Sq Ft Lot
  • Lot Dimensions are 65.00 x 66.00
  • Property is in good condition

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Traditional Architecture
  • Slab Foundation
  • Masonry

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Electric Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 193253800

Community Details

Overview

  • 3 Units

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,835

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Year Built: 1915
  • Building Winterized: No
  • Remarks Public: A well-maintained triplex offering exceptional rental income potential. Each of the three spacious units features 2 bedrooms, a full bath, and a kitchen, making this a desirable choice for tenants seeking comfortable living in a convenient location. The property includes a detached 2-car garage, providing off-street parking and additional rental income. A major bonus is the finished basement with a full bath and a separate entrance, offering the flexibility to be used as a fourth rental unit, in-law suite, or communal tenant space, a rare feature for these kinds of properties. Currently the 2nd and 3rd floor are empty, 1st floor is tenant occupied on a month to month lease. Previous leases were $1000/month for 3rd floor, $1100/month for 2nd floor, current tenant pays $1150/month for first floor. Garage is rented out for $400/month. Adding in the freshly renovated basement and the numbers only get better. Whether you're expanding your portfolio or looking for a smart house-hack opportunity, this triplex could become one of your best investments.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3167
  • Living Area Sq Ft: 3167
  • Price Per Sq Ft: 152.01
  • Above Grade Finished Sq Ft: 2467
  • Below Grade Finished Sq Ft: 700
  • Total Below Grade Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 240

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Covered Parking
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage, On Street, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Recreation Fee: No

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: 65.00 x 66.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1302.00
  • Property Condition: Good, Average
  • Year Assessed: 2025
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 1
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • School Tax: 3268.00
  • Tax Annual Amount: 5835.00
  • Assessor Parcel Number: 193253800
  • Tax Lot: 30
  • Tax Total Finished Sq Ft: 2467
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 2
  • Gross Income: 43800.00
  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: PHILADELPHIA CITY

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

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $375,000 0.0% $118 / Sq Ft
07/09/2025 07/09/25 Price Changed $374,900 0.0% $118 / Sq Ft
06/16/2025 06/16/25 Price Changed $375,000 -6.3% $118 / Sq Ft
06/13/2025 06/13/25 Price Changed $400,000 +6.7% $126 / Sq Ft
06/12/2025 06/12/25 Price Changed $375,000 -6.3% $118 / Sq Ft
05/30/2025 05/30/25 For Sale $400,000 -- $126 / Sq Ft
Source: Bright MLS

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Source: Bright MLS

MLS Number: PAPH2488654

Bright MLS

Pennsylvania Philadelphia County Philadelphia 19140 Upper Kensington

240-42 W Glenwood Ave, Philadelphia, PA

This home is located at 240-42 W Glenwood Ave, Philadelphia, PA 19140 and is currently priced at $375,000, approximately $118 per square foot. This property was built in 1915. 240-42 W Glenwood Ave is a home located in Philadelphia County with nearby schools including Hon. Luis Munoz-Marin Elementary School, Thomas Alva Edison High School/Fareira Skills Center, and Antonia Pantoja Community Charter School.

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Alex Kovtun
Listing Agent
Alex Kovtun
Section Image
HomeSmart Realty Advisors
(818) 321-0704