$204,999
 $1,100 est/mo Sourced by Back At You

422 E Allegheny Ave,PHILADELPHIA, PA 19134

PHILADELPHIA, PA 19134

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Description

Turnkey investment opportunity at 422 E Allegheny Ave! This RM1-zoned triplex is priced at just $224,999 and offers immediate cash flow with additional upside, including potential space for a 4th unit. The property features three separately metered units: a first-floor 2-bedroom, 1-bath apartment currently rented month-to-month at $950, a second-floor 2-bedroom, 1-bath apartment that is vacant and ready for a new tenant or owner-occupant, and a third-floor 1-bedroom, 1-bath apartment rented month-to-month at $700. With two units already producing income and one available for lease at market rent, this property provides flexibility and strong earning potential. Separate utilities help keep expenses down, and the possibility to add another unit makes this a prime value-add opportunity. Conveniently located in an easy-commute area with a bus stop right on the corner, this property is ideal for tenants and owners alike. Whether you're a seasoned investor or just getting started, this property is ready to sell-schedule your showing and make your offer today!

Details

MLS #PAPH2605496
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1930
Days On Site164
Listing Provided ByHomestarr Realty | Aldo Torres

Features

SQ Feet1,980
BasementY
Units3
ZoningRM1
Acreage0.02

Interior

CoolingNone
Heating Yes / NoYes
HeatingHot Water

Exterior

Construction MaterialsBlock
Foundation DetailsBlock

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount2642

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19134
Area19134 (19134)
Community NameKENSINGTON
School DistrictPHILADELPHIA CITY
Listing VS Median (in KENSINGTON)
Price:
$204,999
low | high
Med:
$110,000
96.341201664398% of Average
sqft:
1,980
low | high
Med:
1,064
96.262626262626% of Average
$ / sqft:
$104
low | high
Med:
$103
50.146221142395% of Average
On site:
164
low | high
Med:
143
100% of Average
Sourced by Back At You

Market Activity 19134

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Learn More About This Property

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19134
Area19134 (19134)
Community NameKENSINGTON
School DistrictPHILADELPHIA CITY
Listing VS Median (in KENSINGTON)
Price:
$204,999
low | high
Med:
$110,000
96.341201664398% of Average
sqft:
1,980
low | high
Med:
1,064
96.262626262626% of Average
$ / sqft:
$104
low | high
Med:
$103
50.146221142395% of Average
On site:
164
low | high
Med:
143
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $153K - $256K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
412 E ALLEGHENY AVE Property Photo 1
$290,000
412 E Allegheny Ave
Philadelphia, PA 19134
3220 D ST Property Photo 1
$85,000
3220 D St
Philadelphia, PA 19134
Listing Updated: September 18, 2026 at 9:28:09 PM PDT