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.
| MLS # | PAPH2615432 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 2012 |
| Days On Site | 163 |
| Listing Provided By | Keller Williams Real Estate - Newtown | Diana Rivera |
| SQ Feet | 2,511 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 2 |
| Zoning | RM1 |
| Acreage | 0.03 |
| Property View | City |
| Rooms Total | 7 |
|---|---|
| Cooling | Central A/C |
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Interior Features | Carpet, Combination Kitchen/Dining, Floor Plan - Open, Kitchen - Efficiency |
| Appliances | Dishwasher, Dryer - Electric, Washer/Dryer Stacked |
| Exterior Features | Exterior Lighting |
|---|---|
| Construction Materials | Masonry |
| Foundation Details | Permanent |
| Garage Yes / No | No |
|---|---|
| Parking Features | Public |
| Utilities | Cable TV Available, Electric Available |
|---|
| Tax Annual Amount | 6929 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19121 |
| Area | 19121 (19121) |
| Community Name | TEMPLE UNIVERSITY |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in TEMPLE UNIVERSITY) | |
Price: $410,000 low | high Med: $199,999 sqft: 2,511 low | high Med: 1,216 $ / sqft: $163 low | high Med: $164 On site: 163 low | high Med: 21 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19121 |
| Area | 19121 (19121) |
| Community Name | TEMPLE UNIVERSITY |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in TEMPLE UNIVERSITY) | |
Price: $410,000 low | high Med: $199,999 sqft: 2,511 low | high Med: 1,216 $ / sqft: $163 low | high Med: $164 On site: 163 low | high Med: 21 | |