4941 Penn St Philadelphia, PA 19124
Frankford NeighborhoodEstimated payment $908/month
About This Home
Investor Special! Large Duplex in Prime Frankford Location – Endless Potential!
Don’t miss this opportunity to own a spacious duplex in the rapidly developing Frankford section of Philadelphia. This large property features two generous units, each with separate entrances, high ceilings, and original architectural details just waiting to be restored.
The first-floor unit offers 1 bedroom and 1 bath, while the upper unit boasts a potential 3-bedroom, 1-bath layout with plenty of room to reconfigure. Whether you're looking to renovate and rent, flip, or convert to a single-family home, this property has great bones and tons of upside.
Located on a quiet block, close to public transportation, major highways, shopping, and the growing commercial corridor on Frankford Ave. Property is being sold AS-IS and will need a full renovation—perfect for experienced investors or savvy owner-occupants ready to bring this diamond in the rough back to life.
Cash or renovation loans only.
Schedule your showing today and bring your vision!
Listing Agent
(215) 431-5654 ed@11res.com American Destiny Real Estate-Philadelphia License #RM423523 Listed on: 10/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,312
Year Built
- Built in 1940
Lot Details
- 2,863 Sq Ft Lot
- Lot Dimensions are 25.00 x 115.00
- Property is in below average condition
Parking
- On-Street Parking
Home Design
- Duplex
- Brick Foundation
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 2,630 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Vinyl
Utilities
- Radiator
- Hot Water Heating System
- 100 Amp Service
- Natural Gas Water Heater
Community Details
- 2 Units
- Building Winterized
- Frankford Subdivision
Listing and Financial Details
- Tax Lot 91
- Assessor Parcel Number 232425300
Map
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 | $1,858 | $165,200 | $33,040 | $132,160 |
| 2024 | $1,858 | $165,200 | $33,040 | $132,160 |
| 2023 | $1,858 | $132,700 | $26,540 | $106,160 |
| 2022 | $1,401 | $132,700 | $26,540 | $106,160 |
| 2021 | $1,401 | $0 | $0 | $0 |
| 2020 | $1,401 | $0 | $0 | $0 |
| 2019 | $1,345 | $0 | $0 | $0 |
| 2018 | $1,519 | $0 | $0 | $0 |
| 2017 | $1,519 | $0 | $0 | $0 |
| 2016 | $1,519 | $0 | $0 | $0 |
| 2015 | $1,454 | $0 | $0 | $0 |
| 2014 | -- | $108,500 | $35,495 | $73,005 |
| 2012 | -- | $11,872 | $2,027 | $9,845 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2025 10/08/25 | For Sale | $135,000 | -- | $51 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $57,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $53,500 | -- |
Source: Bright MLS
MLS Number: PAPH2545962
APN: 232425300
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