MLS: #PAPH2605496, Listed By: Aldo Torres, Homestarr Realty, Source:Bright MLS
422 E Allegheny Avenue
PHILADELPHIA, PA 19134
5
Bed
0
Bath
1,980Sqft
0.02Acre(Lot)
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. Conve
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Room Information
Has Basement: Yes Basement: Unfinished -
Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Hot Water Cooling: None
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Building Information
Year Built: 1930 Building Area Total: 1980 Construction Materials: Block Pool Features: None Private Pool: No
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Lot Information
Lot Dimensions: 15.00 x 72.00 Lot Size Acres: 0.02 Lot Size Source: Assessor Lot Size Square Feet: 1080Property Information
Subdivision: KENSINGTON Source Property Type: Residential Income Postal Code Plus 4: 2339 Property SubType: Triplex Property Age: 96
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Listing Price Information
Listing Price: $224999
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Tax Information
Parcel Number: 071305200 Tax Lot: 101 Tax Year: 2025 Annual Tax: $2642
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Parking Information
On Street
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Location Information
Direction: 422 E Allegheny Ave WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3654 Richmond Street, Philadelphia, PA, 19134 | $575,000 | 2 | -- | 1,920 | 1,920 SqFt |
| 2601 E Ontario Street, Philadelphia, PA, 19134 | $375,000 | 5 | -- | 1,932 | 1,932 SqFt |
| 2641 E Madison Street, Philadelphia, PA, 19134 | $265,000 | 2 | -- | 1,405 | 1,405 SqFt |
| 3674 Frankford Avenue, Philadelphia, PA, 19134 | $279,900 | 4 | -- | 1,920 | 1,920 SqFt |
| 3555 Frankford Avenue, Philadelphia, PA, 19134 | $176,000 | 3 | -- | 1,840 | 1,840 SqFt |
| 3537 Joyce Street, Philadelphia, PA, 19134 | $70,000 | 1 | -- | 900 | 900 SqFt |
| 3405 Frankford Avenue, Philadelphia, PA, 19134 | $210,000 | 3 | -- | 1,736 | 1,736 SqFt |
| 3403 Frankford Avenue, Philadelphia, PA, 19134 | $280,000 | 4 | -- | 2,640 | 2,640 SqFt |
| 3553 Kensington Avenue, Philadelphia, PA, 19134 | $140,000 | 4 | -- | 1,360 | 1,360 SqFt |
| 3551 Kensington Avenue, Philadelphia, PA, 19134 | $140,000 | 7 | -- | 1,632 | 1,632 SqFt |
Similar Multifamily To 422 E Allegheny Avenue
Nearby For Sale
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ByOwner last updated this listing 06/20/2026 @ 06:04
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