2400 W Montgomery Ave Philadelphia, PA 19121
North Philadelphia West NeighborhoodEstimated payment $9,950/month
Total Views
1,249
--
Bed
--
Bath
5,547
Sq Ft
$324
Price per Sq Ft
Highlights
- New Construction
- Corner Lot
- Ramp on the main level
- City View
- Intercom
- Luxury Vinyl Plank Tile Flooring
About This Home
2400 WEST is an exceptionally modern new construction redbrick apartment building in Philadelphia, Pennsylvania. This fully-leased, turnkey asset features eight (8) apartments with an even mixture of 1bd and 2bd units. A panoramic skyline rooftop adorns the property featuring sweeping views of Downtown Philly. Easily accessible to both Center City and University City (as well as Temple University, PHL's largest university by enrollment), 2400 WEST blends contemporary design with appropriately-scaled urban density. Located on a prominent corner surrounded by new development, this multifamily property is now available for just $224K per unit as a stabilized new construction apartment building in an appreciating location with a 6.7% in-place cap rate. Walk to amenities, parks, transportation. 10 year tax abatement. Enquire within for financials.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $100
Year Built
- Built in 2024 | New Construction
Lot Details
- 1,331 Sq Ft Lot
- Lot Dimensions are 20.00 x 68.00
- Corner Lot
- Property is in excellent condition
Home Design
- Brick Exterior Construction
- Fiberglass Roof
Interior Spaces
- 5,547 Sq Ft Home
- Luxury Vinyl Plank Tile Flooring
- City Views
Home Security
- Intercom
- Exterior Cameras
Utilities
- Central Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Additional Features
- Ramp on the main level
- Urban Location
Community Details
- 4 Units
- 3-Story Building
- Brewerytown Subdivision
Listing and Financial Details
- Tax Lot 1012
- Assessor Parcel Number 472077800
Map
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Home Values in the Area
Average Home Value in this Area
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 | $101 | $65,100 | $65,100 | -- |
| 2024 | $101 | $65,100 | $65,100 | -- |
| 2023 | $101 | $7,200 | $7,200 | $0 |
| 2022 | $101 | $7,200 | $7,200 | $0 |
| 2021 | $101 | $0 | $0 | $0 |
| 2020 | $101 | $0 | $0 | $0 |
| 2019 | $101 | $0 | $0 | $0 |
| 2018 | $101 | $0 | $0 | $0 |
| 2017 | $101 | $0 | $0 | $0 |
| 2016 | $86 | $0 | $0 | $0 |
| 2015 | $96 | $0 | $0 | $0 |
| 2014 | -- | $7,200 | $7,200 | $0 |
| 2012 | -- | $2,144 | $2,144 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Price Changed | $1,795,000 | -2.7% | $324 / Sq Ft |
| 03/14/2025 03/14/25 | Price Changed | $1,845,000 | -2.6% | $333 / Sq Ft |
| 01/16/2025 01/16/25 | For Sale | $1,895,000 | +2005.6% | $342 / Sq Ft |
| 02/02/2022 02/02/22 | Sold | $90,000 | -9.9% | -- |
| 12/10/2021 12/10/21 | For Sale | $99,900 | -- | -- |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $90,000 | Assurance Abstract | |
| Sheriffs Deed | $700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,154,000 | Construction |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2435858
APN: 472077800
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