2981 Memphis St Philadelphia, PA 19134
Port Richmond NeighborhoodEstimated payment $2,053/month
Total Views
3,522
--
Bed
--
Bath
1,978
Sq Ft
$167
Price per Sq Ft
Highlights
- Traditional Architecture
- Electric Baseboard Heater
- 4-minute walk to Cohocksink Recreation Center & Cohox Playground
- 90% Forced Air Heating System
About This Home
This well-maintained mixed-use property offers a unique opportunity for investors or business owners. Located on a corner lot, the property features a corner store/bodega on the ground floor, currently rented for $2,000/month. The upper unit features a 3-bedroom, 1-bath apartment with a kitchen, currently occupied by the owner of the corner store at a below-market rent of $500/month. The lease for the tenant in the store ends on June 30, 2025. The property is being sold "as-is" with no repairs to be made.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,954
Year Built
- Built in 1925
Lot Details
- 1,551 Sq Ft Lot
- Lot Dimensions are 24.00 x 65.00
- Property is in below average condition
Home Design
- 1,978 Sq Ft Home
- Duplex
- Traditional Architecture
- Masonry
Utilities
- 90% Forced Air Heating System
- Electric Baseboard Heater
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 871532080
Community Details
Overview
- 2 Units
- Port Richmond Subdivision
Building Details
- Income includes apartment rentals
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $2,877 | $211,100 | $42,220 | $168,880 |
| 2024 | $2,877 | $211,100 | $42,220 | $168,880 |
| 2023 | $2,877 | $205,500 | $41,100 | $164,400 |
| 2022 | $1,964 | $205,500 | $41,100 | $164,400 |
| 2021 | $1,964 | $0 | $0 | $0 |
| 2020 | $1,964 | $0 | $0 | $0 |
| 2019 | $1,946 | $0 | $0 | $0 |
| 2018 | $1,886 | $0 | $0 | $0 |
| 2017 | $2,398 | $0 | $0 | $0 |
| 2016 | $2,398 | $0 | $0 | $0 |
| 2015 | $2,295 | $0 | $0 | $0 |
| 2014 | -- | $171,300 | $14,228 | $157,072 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | For Sale | $330,000 | 0.0% | $167 / Sq Ft |
| 06/29/2025 06/29/25 | Off Market | $330,000 | -- | -- |
| 05/23/2025 05/23/25 | Price Changed | $330,000 | -5.7% | $167 / Sq Ft |
| 05/10/2025 05/10/25 | For Sale | $350,000 | -- | $177 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | $19,900 | None Available | |
| Sheriffs Deed | $6,400 | None Available | |
| Deed | $39,900 | First American Title Ins Co | |
| Deed | $12,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $131,500 | Commercial | |
| Previous Owner | $133,000 | Commercial | |
| Previous Owner | $30,001 | Commercial |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2481236
APN: 871532080
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
Nearby Homes
- 2968 Aramingo Ave
- 2969 Aramingo Ave
- 3027 Agate St
- 3006 Cedar St
- 2946 Aramingo Ave
- 2119 23 Ann St
- 3038 Memphis St
- 2954 Cedar St
- 2644 Agate St
- 3037 Agate St
- 3013 Tulip St
- 3040 Agate St
- 2986 Chatham St
- 2956 Tulip St
- 2257 E Ann St
- 3041 Tulip St
- 3072 Aramingo Ave
- 3043 Cedar St
- 2426 E Indiana Ave
- 2941 Weikel St
- 2337 E Ann St
- 3001 Agate St
- 2939 Aramingo Ave
- 2944 Cedar St
- 2952 Tulip St
- 3056 Aramingo Ave
- 2962 Weikel St
- 3033 Janney St
- 3088 Weikel St
- 3020 Miller St
- 2873 Chatham St
- 2503 E Auburn St
- 3071 Martha St Unit 2
- 2823 Chatham St
- 2917 Belgrade St
- 2111 E Elkhart St
- 2600 E Ann St Unit ROOM 5
- 2905 Almond St
- 2622 E Ann St
- 2622 E Indiana Ave