714 W Ritner St Philadelphia, PA 19148
South Philadelphia East NeighborhoodEstimated payment $2,280/month
Total Views
2,981
--
Bed
--
Bath
1,350
Sq Ft
$270
Price per Sq Ft
About This Home
Welcome to your investment opportunity in the heart of Lower Moyamensing, Philadelphia!
**Location:**
Nestled in the vibrant Lower Moyamensing neighborhood, this duplex offers the perfect blend of urban living and community charm. Conveniently located near amenities, public transportation, and local attractions, it's an excellent choice for tenants seeking a dynamic city lifestyle.
**Financials:**
The 1st unit is leased at $1,300/mo and 2nd unit is leased at $1,350/mo.
**Unit #1:**
The first-floor unit boasts access to a private backyard, providing a rare outdoor oasis in the city. This desirable feature enhances tenant satisfaction and rental value. The unit was part of the comprehensive 2022 renovation, ensuring modern comfort and style. Updates include brand-new flooring, appliances, kitchens, bathrooms, and mechanical systems.
**Unit #2:**
The second-floor unit, already leased at $1,450, showcases the same high-quality renovations as the first. Tenants will enjoy the benefits of a thoughtfully designed living space with modern amenities, making it an attractive option for long-term occupancy.
**Building Renovation (2022):**
The entire property underwent a thorough renovation in 2022, guaranteeing a turnkey investment for the discerning buyer. From top to bottom, everything is brand new, creating a hassle-free ownership experience. This modernization ensures low maintenance costs and positions the property as a sought-after residence in the rental market.
**Utilities:**
As an added convenience for both tenants and investors, the landlord covers water expenses for the entire building. This minimizes tenant responsibilities and simplifies property management.
Seize this opportunity to secure a prime income-generating property in one of Philadelphia's emerging neighborhoods. Whether you're a seasoned investor or expanding your portfolio, this duplex promises both immediate returns and long-term value. Schedule a viewing today and explore the potential of this renovated gem in Lower Moyamensing!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,668
Year Built
- Built in 1920
Lot Details
- 855 Sq Ft Lot
- Lot Dimensions are 15.00 x 57.00
Home Design
- Duplex
- Masonry
Interior Spaces
- 1,350 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- Public Parking
- On-Street Parking
- Unassigned Parking
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Natural Gas Water Heater
Community Details
- 2 Units
- Lower Moyamensing Subdivision
Listing and Financial Details
- Tax Lot 150
- Assessor Parcel Number 393116710
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 | $3,669 | $307,000 | $61,400 | $245,600 |
| 2024 | $3,669 | $307,000 | $61,400 | $245,600 |
| 2023 | -- | $262,100 | $52,420 | $209,680 |
| 2022 | $0 | $262,100 | $0 | $0 |
| 2021 | $1,774 | $134,200 | $23,287 | $110,913 |
| 2020 | $1,774 | $0 | $0 | $0 |
| 2019 | $1,774 | $0 | $0 | $0 |
| 2018 | $1,774 | $0 | $0 | $0 |
| 2017 | -- | $0 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $109,800 | $11,140 | $98,660 |
| 2012 | -- | $6,400 | $1,482 | $4,918 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $365,000 | +73.8% | $270 / Sq Ft |
| 06/24/2021 06/24/21 | Sold | $210,000 | -16.0% | $156 / Sq Ft |
| 04/19/2021 04/19/21 | Pending | -- | -- | -- |
| 02/08/2021 02/08/21 | For Sale | $250,000 | -- | $185 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $210,000 | Great American Abstract Llc | |
| Deed | $45,000 | -- |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2523072
APN: 393116710
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