978 N 45th St Philadelphia, PA 19104
Mill Creek NeighborhoodEstimated payment $1,157/month
Total Views
1,654
--
Bed
--
Bath
1,060
Sq Ft
$184
Price per Sq Ft
Highlights
- Traditional Architecture
- 2-minute walk to Lancaster Avenue And Wyalusing Avenue
- 4-minute walk to Clara Muhammad Square
- Forced Air Heating and Cooling System
- Stacked Washer and Dryer
About This Home
Don’t miss this opportunity to own a well-maintained, legally zoned duplex generating $1,945/month in gross rental income. This solid investment property is fully occupied with reliable tenants, offering immediate cash flow. There is new construction next door indicating growth in the neighborhood and your tenants will enjoy easy to find street parking. Each unit is thoughtfully laid out, with comfortable living spaces and separate entrances for added privacy as well as the convenience of in-unit washer and dryer. The exterior and major systems are in good condition, minimizing maintenance needs for years to come. Whether you’re looking to expand your rental portfolio or begin your real estate investing journey, this duplex is a smart, turnkey option.
Highlights:
• Fully leased with stable tenants
• Total gross income: $1,945/month with one unit renting for $935 and the other for $1,010
• Well-maintained with minimal deferred maintenance and central A/C
• Ideal for investors seeking strong cash flow and long-term upside. Schedule a showing today and secure a solid income-producing property! Certified lead safe. Owner is a licensed realtor.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $961
Year Built
- Built in 1925
Lot Details
- 840 Sq Ft Lot
- Lot Dimensions are 14.00 x 60.00
Parking
- On-Street Parking
Home Design
- 1,060 Sq Ft Home
- Duplex
- Traditional Architecture
- Brick Exterior Construction
- Stone Foundation
Kitchen
- Stove
- Microwave
Laundry
- Stacked Washer and Dryer
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Additional Features
- Unfinished Basement
Listing and Financial Details
- Tax Lot 148
- Assessor Parcel Number 062364200
Community Details
Overview
- 2 Units
- Mill Creek Subdivision
Building Details
- Income includes apartment rentals
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 | $634 | $68,700 | $13,740 | $54,960 |
| 2024 | $634 | $68,700 | $13,740 | $54,960 |
| 2023 | $634 | $45,300 | $9,060 | $36,240 |
| 2022 | $343 | $45,300 | $9,060 | $36,240 |
| 2021 | $343 | $0 | $0 | $0 |
| 2020 | $343 | $0 | $0 | $0 |
| 2019 | $330 | $0 | $0 | $0 |
| 2018 | $379 | $0 | $0 | $0 |
| 2017 | $379 | $0 | $0 | $0 |
| 2016 | $379 | $0 | $0 | $0 |
| 2015 | $363 | $0 | $0 | $0 |
| 2014 | -- | $27,100 | $3,192 | $23,908 |
| 2012 | -- | $2,048 | $1,164 | $884 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | For Sale | $195,000 | -- | $184 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $20,000 | None Available | |
| Deed | $4,000 | None Available | |
| Deed | $5,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $275,000 | VA |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2484604
APN: 062364200
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