$410,000

Property Description

NEW PRICE OF $410,000! Fully occupied, income-producing duplex near Temple University with $3,894 in monthly base rent-$46,728 annually-and existing leases extending through April 2027 and February 2028. An opportunity to acquire an operating rental property with established tenancy and recent major improvements. Built in 2012, the property features separate living spaces, in-unit laundry, and a rear yard. The roof was replaced in 2025, and the first-floor HVAC was replaced in 2026. Both tenants participate in Section 8, with no missed payments reported by the owner. Tenants reimburse the landlord for their unit water bills. Unit A rents for $2,100 per month, with a lease ending February 29, 2028. Unit B rents for $1,794 per month, with a lease ending April 30, 2027. Professional management is currently in place. Review the attached investor financial summary for itemized operating expenses and estimated income scenarios, including maintenance and vacancy allowances. Explore the Matterport tour and current photos to assess the layout and presentation before scheduling your showing. Property is offered with existing tenants in place. Income and expenses are owner-reported and subject to buyer verification.

Property Facts & Features

Property Type

Multi Family

Status

Active

Listed

Apr 30, 2026

Price per Sq Ft

$163/sqft

ZIP Code

19121

Parking

Public, On Street

Heating

Forced Air

Cooling

Central A/C

Construction

Masonry

Style

Contemporary

Property Tax (2026)

$6,929/yr

Assessed Value

$495,000

Last Sold

$460,000 · Mar 24, 2020

Neighborhood

North Central

County

Philadelphia

School District

The School District of Philadelphia

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 39.98298 · Lng -75.16451