This two-unit multifamily property offers a great opportunity for investors looking to capitalize on a property in need of repairs. The first floor is tenant-occupied, providing immediate rental income, while the second floor is vacant and ready for renovation. The property offers ample space and has great potential to generate strong returns once fully renovated. With improvements, this property could be an excellent long-term investment. The area is well-connected, with easy access to public transportation, local shops, schools, and community amenities, making it an attractive location for renters. Key Features: 2-unit multifamily property First floor tenant-occupied (rental income in place) Second floor vacant and ready for renovation Significant investment potential once renovated Close to transportation, shopping, and local amenities This property is priced to sell and offers a fantastic opportunity for investors looking to add value in a neighborhood with growing demand. Don’t miss out on this incredible investment chance—schedule your showing today!
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1925
Living Area: 1,160 SqFt
Listing Office:
Office Name: Elfant Wissahickon-Mt Airy
Office Phone: (215) 247-3600
Listing Agent: Mary Jo Potts
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.04 Acres
Utilities
Utilities Information:
Heating: Hot Water
Cooling: None
Other
Directions Information:
Directions: W Louden St
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $80,000
Price Per SqFt: $69/SqFt
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $185.3K less than the Median Sold Price and $132/SqFt less than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2427006
Listing Office:
Office Name: Elfant Wissahickon-Mt Airy
Office Phone: (215) 247-3600
Listing Agent: Mary Jo Potts
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.
We're sorry, we currently don't have sales or tax history data for this listing.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Feltonville Intermediate School
238 E Wyoming Ave
Distance between this listing and this school0.36 miles
Public District Grades 3-5
4
/10
Cayuga Elementary Promise Academy
4344 N 5th St # 4358
Distance between this listing and this school0.61 miles
Public District Grades KG-5
3
/10
Alexander McClure School
600 W Hunting Park Ave
Distance between this listing and this school0.84 miles
Public District Grades KG-5
Nearby Schools
4
/10
Feltonville School of Arts and Sciences
210 E Courtland St
Distance between this listing and this school0.38 miles
Public District Grades 6-8
4
/10
Andrew J. Morrison School
5100 N 3rd St
Distance between this listing and this school0.44 miles
Public District Grades KG-8
5
/10
Olney Elementary School
5301 N Water St
Distance between this listing and this school0.59 miles
Public District Grades KG-8
Nearby Schools
4
/10
Aspira Olney Charter High School
100 W Duncannon Ave
Distance between this listing and this school0.37 miles
Public Charter Grades 9-12
1
/10
Philadelphia Learning Academy - North
4224 N Front St
Distance between this listing and this school0.57 miles
Public District Grades 9-12
3
/10
Esperanza Cyber Charter School
4261 N 5th St
Distance between this listing and this school0.66 miles
The neighbors living near this home have an average income of $20,824. Residents of Philadelphia, PA typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
This home is located at 173 W Louden St in Philadelphia, PA and zip code 19120 in the Olney / Oak Lane neighborhood. This 1,160 square foot home, which was built in 1925, sits on a 0.04 acre lot. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $80,000.
In November 2024 more than 219 listings in Philadelphia, PA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 523 were sold below. The number of homes for sale in Philadelphia, PA increased by 1.8% between October 2024 and November 2024. Listings spent 45 days on the market in November 2024, and had a median list price of $265,372 during the same period.
From Rocket Homes Real Estate and based on county public records data.