$395,000
SOLD AUG 29, 2025
-- Bed
-- Bath
1,800 Sq Ft
2,970 Sq Ft Lot

Recently Sold

$219 Per Sq Ft

5% Below List Price

17 Days on Market

About This Home

As of August 2025

Investor Opportunity – Fully Licensed Quadplex | 3342 Chippendale Ave, Philadelphia, PA 19136

Rarely offered and fully licensed, 3342 Chippendale Avenue presents a turn-key investment opportunity in the heart of Mayfair. This stately stone quadplex boasts solid cash flow, long-term tenants, and a strong rental history, making it an ideal addition to any investor’s portfolio. This legal four-unit property features a classic stone exterior and oversized layout across the four units. All rental licenses and necessary paperwork are in place, providing peace of mind and immediate income from day one.
Each unit offers functional living spaces with consistent tenant demand in a high-rental area. The property is situated on a quiet, well-maintained block in Northeast Philadelphia, close to shopping centers, public transportation, schools, and commuter routes — a location that keeps vacancies low and demand steady.
Whether you're a seasoned investor or looking to start your portfolio with a stable, income-producing property, 3342 Chippendale Ave checks all the boxes for cash flow, location, and long-term upside.

Last Agent to Sell the Property

Christopher Thude

RE/MAX Access Listed on: 07/06/2025

RE/MAX Access

Co-Listed By

Steven Osiecki

RE/MAX Access License #RM420757

Last Buyer's Agent

BEN MATHEW

EXP Realty, LLC License #RS371553

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,015

Year Built

  • Built in 1920 | Remodeled in 2019

Lot Details

  • 2,970 Sq Ft Lot
  • Lot Dimensions are 30.00 x 100.00

Home Design

  • 1,800 Sq Ft Home
  • Quadruplex
  • Straight Thru Architecture
  • Brick Foundation
  • Masonry

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Utilities

  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Tax Lot 217
  • Assessor Parcel Number 642200000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,015

Year Built

Built in 1920 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Straight Thru
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Year Renovated: 2019
  • Automatically Close On Close Date: Yes
  • Remarks Public: Investor Opportunity – Fully Licensed Quadplex | 3342 Chippendale Ave, Philadelphia, PA 19136 Rarely offered and fully licensed, 3342 Chippendale Avenue presents a turn-key investment opportunity in the heart of Mayfair. This stately stone quadplex boasts solid cash flow, long-term tenants, and a strong rental history, making it an ideal addition to any investor’s portfolio. This legal four-unit property features a classic stone exterior and oversized layout across the four units. All rental licenses and necessary paperwork are in place, providing peace of mind and immediate income from day one. Each unit offers functional living spaces with consistent tenant demand in a high-rental area. The property is situated on a quiet, well-maintained block in Northeast Philadelphia, close to shopping centers, public transportation, schools, and commuter routes — a location that keeps vacancies low and demand steady. Whether you're a seasoned investor or looking to start your portfolio with a stable, income-producing property, 3342 Chippendale Ave checks all the boxes for cash flow, location, and long-term upside.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 230.56
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3342

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
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: 3rd Party

Lot Info

  • Land Use Code: U30
  • Lot Size Acres: 0.07
  • Lot Dimensions: 30.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2970.00
  • Year Assessed: 2025
  • Zoning: RSA5

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 3
  • Total Actual Rent: 44400.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 2808.00
  • Tax Annual Amount: 5015.00
  • Assessor Parcel Number: 642200000
  • Tax Lot: 217
  • Tax Total Finished Sq Ft: 1800
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/29/2025

Multi Family

  • Number Of Units Vacant: 1
  • Single Room Units Count: 1

MLS Schools

  • School District Name: PHILADELPHIA CITY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
Li Long Chuan
Bought by
Li Longchuan and Deng Jie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,450
Outstanding Balance
$226,472
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$175,417

Purchase Details

Closed on
May 15, 2019
Sold by
Skell Julie M and Trottier Julie M
Bought by
Li Longchuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 1993
Sold by
Konrad Colleen and Faraldo Janice F
Bought by
Trottier Julie M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Title Clearing & Escrow Llc
Deed $335,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,450 New Conventional
Previous Owner $251,250 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $128,900 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $395,000 -4.8% $219 / Sq Ft
07/06/2025 07/06/25 For Sale $415,000 -- $231 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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
2025 $3,751 $358,300 $71,660 $286,640
2024 $3,751 $358,300 $71,660 $286,640
2023 $3,751 $268,000 $53,600 $214,400
2022 $3,751 $268,000 $53,600 $214,400
2021 $2,671 $0 $0 $0
2020 $2,671 $190,800 $28,620 $162,180
2019 $2,501 $0 $0 $0
2018 $2,122 $0 $0 $0
2017 $2,122 $0 $0 $0
2016 $2,122 $0 $0 $0
2015 $2,031 $0 $0 $0
2014 -- $151,600 $45,452 $106,148
2012 -- $19,776 $2,587 $17,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH2512206

Bright MLS

APN: 642200000