Seller's Agent in 2025
Damon Michels
KW Main Line - Narberth
(610) 668-3400
9 in this area
647 Total Sales
240 W Apsley St Philadelphia, PA 19144
Germantown Neighborhood
--
Bed
--
Bath
2,189
Sq Ft
1,392
Sq Ft Lot
Highlights
- Traditional Architecture
- Porch
- Ceiling Fan
- Wood Flooring
- Bathtub with Shower
- 3-minute walk to Kay Park
About This Home
As of September 2025Seller would consider Owner Financing- please contact the co-listing agent for further information. Investor alert! 240 Apsley Street is a well-maintained legal triplex in the rapidly developing Wayne Junction section of Germantown—just steps from the brand-new train station. This fully occupied property features three 1-bedroom, 1-bath units with long-term tenants, separated utilities, and low annual expenses of approximately $6,000. Gross yearly income is $32,700 with room for growth. The first-floor tenant enjoys access to a spacious backyard, while the third-floor unit features a private roof deck. The property still showcases original architectural details and has been well cared for by the same partners for over 40 years. With strong fundamentals and value-add potential, this is a rare opportunity in a high-growth area. Financials available upon request.
Last Agent to Sell the Property
(610) 668-3400 damon@damonmichels.com KW Main Line - Narberth License #AB067731 Listed on: 05/16/2025
Last Buyer's Agent
(610) 668-3400 damon@damonmichels.com KW Main Line - Narberth License #AB067731 Listed on: 05/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,047
Year Built
- Built in 1940
Lot Details
- 1,392 Sq Ft Lot
- Lot Dimensions are 16.00 x 87.00
- Back Yard
Parking
- On-Street Parking
Home Design
- Triplex
- Traditional Architecture
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- Bathtub with Shower
- 2,189 Sq Ft Home
- Ceiling Fan
- Wood Flooring
- Electric Oven or Range
- Unfinished Basement
Outdoor Features
- Porch
Utilities
- Window Unit Cooling System
- Radiator
- Electric Baseboard Heater
- Natural Gas Water Heater
Community Details
- 3 Units
- Germantown Subdivision
Listing and Financial Details
- Tax Lot 246
- Assessor Parcel Number 133030100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 10, 1982
Bought by
Reis Frank C and Cummings Michael
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $14,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $16,438 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | Sold | $286,000 | -2.9% | $131 / Sq Ft |
| 07/25/2025 07/25/25 | For Sale | $294,500 | 0.0% | $135 / Sq Ft |
| 06/29/2025 06/29/25 | Off Market | $294,500 | -- | -- |
| 06/19/2025 06/19/25 | Price Changed | $294,500 | -6.5% | $135 / Sq Ft |
| 06/04/2025 06/04/25 | Price Changed | $314,999 | -6.0% | $144 / Sq Ft |
| 05/16/2025 05/16/25 | For Sale | $335,000 | -- | $153 / 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 | $2,293 | $217,700 | $43,540 | $174,160 |
| 2024 | $2,293 | $217,700 | $43,540 | $174,160 |
| 2023 | $2,293 | $163,800 | $32,760 | $131,040 |
| 2022 | $1,386 | $163,800 | $32,760 | $131,040 |
| 2021 | $1,386 | $0 | $0 | $0 |
| 2020 | $1,386 | $0 | $0 | $0 |
| 2019 | $1,447 | $0 | $0 | $0 |
| 2018 | $1,517 | $0 | $0 | $0 |
| 2017 | $1,517 | $0 | $0 | $0 |
| 2016 | $1,517 | $0 | $0 | $0 |
| 2015 | $1,453 | $0 | $0 | $0 |
| 2014 | -- | $108,400 | $8,213 | $100,187 |
| 2012 | -- | $6,912 | $691 | $6,221 |
Source: Public Records
Agents Affiliated with this Home
-
Damon Michels
-
Josh Pagan
J
Seller Co-Listing Agent in 2025
Josh Pagan
KW Main Line - Narberth
(631) 741-4138
12 in this area
104 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2483860
APN: 133030100
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