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1540 W Tioga St, Philadelphia, PA, 19140

$420,000

Home List Price

$4,988*

Closing Credit

0 Baths
2,048 SqFt
$205/SqFt
Multi

Location

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1540 W Tioga St, Philadelphia$420,000

Buyer Closing Credits

$4,988*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNone
Year Built1940
HeatingForced Air, Heat Pump
CoolingCentral Air
BasementYes
MLS #PAPH2432732
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 1540 W Tioga St

Amazing investment opportunity. This modern, fully occupied 3-unit multi-family property, primarily built new in 2021, is situated in the highly sought-after neighborhood of Philadelphia just steps from Temple University Hospital. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases, as well as owner user capability utilizing the income from the additional units to offset expenses. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes approximately seven years remaining on a tax abatement. The unit mix includes one (1) studio unit, one (1) 2-bedroom, 1-bathroom unit and one (1) 3-bedroom, 2-bathroom unit. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1940
  • Living Area: 2,048 SqFt

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Jim Onesti

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North on Broad Street to left on Ontario to right on North 16th, to right on Tioga Street

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $420,000
  • Price Per SqFt: $205/SqFt

Tax Information:

  • Annual Amount: $563
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$267.8K

Med. Price/SqFt

$202

Avg. Days On Market

49

# of Sold Homes

1027

1540 W Tioga St vs Philadelphia

1 DAY ON ROCKET

-48 Days

$420,000

+$152.1K More

$205/SqFt

+$3 More

KEY TAKEAWAY

This property is $152.1K more than the Median Sold Price and $3/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2432732

Listing Office:

  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Listing Agent: Jim Onesti

IDX Information Deemed Reliable But Not Guaranteed. 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 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 sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/8/2025, 1:22:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 29, 2017Home Sold
$80,000
May 08, 2015Home Sold
$38,500

Tax History

YEARPROP. TAXASSESSMENT
2020$563 -
2019$544$38,900
2018$556$39,700
2017$556$39,700

History based on county public records data.

Payment Calculator

$2,164

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,326

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1048357
2
/10

  • Mastery Preparatory Elementary Charter School

  • 1801 W Pike St

  • 0.47 miles

  • Public Charter Grades KG-4

school-card-donut-1048358
3
/10

  • Mastery Charter School at Clymer

  • 1201 W Rush St

  • 0.77 miles

  • Public Charter Grades KG-6

school-card-donut-1048359
1
/10

  • Thomas May Peirce Elementary School

  • 2300 W Cambria St

  • 0.88 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,692. Typical income of Philadelphia, PA residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19140›1540 W Tioga St

This home is located at 1540 W Tioga St in Philadelphia, PA and zip code 19140 in the Tioga neighborhood. This 2,048 square foot home, which was built in 1940, sits on a 0.03 acre lot. It has been listed on Rocket Homes since January 06, 2025 and is currently priced at $420,000.

In December 2024 more than 218 listings in Philadelphia, PA were sold above the asking price. During the same period more than 229 listings were sold at asking price, while more than 580 were sold below. Between November 2024 and December 2024, Philadelphia, PA real estate market has seen decrease in the number of listings by 2.3%. In December 2024 median list price was $267,873 and the average listing age was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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