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MLS: #PAPH2528388, Listed By: Edward McDonald, Re/Max One Realty, Source:Bright MLS

1945 W Hunting Park Avenue

PHILADELPHIA, PA 19140
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Bed 3

Bed

Bath 0

Bath

SqFt2,575

Sqft

Acres0.03

Acre(Lot)

INVESTMENT OPPORTUNITY – LEGAL 5-UNIT MULTIFAMILY IN GROWING PHILADELPHIA NEIGHBORHOOD | 7.6% CAP RATE Here’s your chance to own a legal five-unit apartment building in one of Philadelphia’s rapidly growing neighborhoods. Ideally situated near Route 1 and Broad Street, this property offers unbeatable convenience and strong rental demand. The building consists of: (3) One-bedroom units (2) Studio units Three of the five units have been recently renovated, and the entire property is in solid, well-maintained condition. With conservative rents projected (see attached pro forma), this investment offers a starting cap rate of 7.6%—and potential for increased returns with further updates or market rent adjustments. Highlights: Prime commuter location near major arteries Legal 5-unit building R enovations already completed in majority of units Strong cap rate in a developing market Whether you’re looking to expand your portfolio or enter the multifamily market, this property checks all the boxes: location, cash flow, and upside potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $324,900

AD Id : 67969021

MLS Id : PAPH2528388

Beds : 3

Lot Size : 0.03 Acre

Living Area Size : 2,575

Year Built : 1940

County : PHILADELPHIA

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Feature Features

  • Bedroom Information

    Total beds: 3

    Room Information

    Has Basement: Yes Basement: Full
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Baseboard Cooling: None

  • Building Information

    Year Built: 1940 Building Area Total: 2575 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.03 Lot Size Source: Estimated Lot Size Square Feet: 1172 Lot Description: Corner Lot

  • Listing Price Information

    Listing Price: $324900

  • Tax Information

    Parcel Number: 881427225 Tax Lot: 162 Tax Year: 2025 Annual Tax: $4591

  • Parking Information

    On Street

  • Location Information

    Direction: Hunting park ave West from 28th st WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4615 N Front Street, Philadelphia, PA, 19140 $250,000 4 3 1,350 1,350 SqFt
3254 N Front Street, Philadelphia, PA, 19140 $290,000 2 2 1,680 1,680 SqFt
3245 N Hope Street, Philadelphia, PA, 19140 $99,000 3 1 1,036 1,036 SqFt
3216 N Hope Street, Philadelphia, PA, 19140 $120,000 3 2 1,036 1,036 SqFt
3252 N Hope Street, Philadelphia, PA, 19140 $179,999 3 1 1,036 1,036 SqFt
3351 N Mascher Street, Philadelphia, PA, 19140 $135,000 3 2 1,008 1,008 SqFt
3323 Mutter Street, Philadelphia, PA, 19140 $55,000 2 1 840 840 SqFt
166 W Saber Street, Philadelphia, PA, 19140 $129,900 2 1 966 966 SqFt
3325 N Hancock Street, Philadelphia, PA, 19140 $99,000 3 1 840 840 SqFt
174 W Raymond Street, Philadelphia, PA, 19140 $125,000 2 1 966 966 SqFt

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/27/2026 @ 15:42

MLS: PAPH2528388 LISTED BY: Edward McDonald, Re/Max One Realty 215-953-8800 SOURCE: Bright MLS

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