4 months on rocket

224 W Ontario St, Philadelphia, PA, 19140

$195,000

Home List Price

$2,316*

Closing Credit

0 Baths
1,120 SqFt
$174/SqFt
Multi

Location

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224 W Ontario St, Philadelphia$195,000

Buyer Closing Credits

$2,316*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1920
HeatingRadiant
CoolingNone
BasementYes
MLS #PAPH2379120
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 224 W Ontario St

This duplex has been purchased, renovated, and stabilized by the current owners with plenty of upgrades including granite kitchen countertops in both units, stainless steel appliances (refrigerator, dishwasher, and stove) in both units, and a poured backyard concrete slab to create an inviting outdoor space and so much more. This duplex is zoned RM-1 residential multi-family and has an active renters license. There are separate gas and electric meters for each unit and tenants pay both their own gas and electric bills. The owner currently pays the water and there are rent rolls available. Unit 1 is occupied by a long term tenant paying $915 a month. It offers a cozy yet stylish 1-bedroom layout adorned with luxury vinyl plank flooring throughout. Upon entering you're greeted by a spacious living room opening to the kitchen. The updated kitchen features white cabinets, granite countertops, and stainless steel appliances. The generously-sized bedroom offers ample space and grants access to the fenced-in back patio. The bathroom features a convenient stall shower. Unit 2 is occupied by an excellent tenant paying $925 a month. Upon entering, you'll discover a 2-bedroom residence also featuring luxury vinyl flooring throughout. The primary bedroom showcases large windows and abundant closet space. The second bedroom offers generous dimensions and the updated kitchen also features granite countertops, white cabinets, and stainless steel appliances. The bathroom has a tiled tub/shower combo. Completing this investment opportunity is the unfinished basement, offering ample storage space or the potential to add laundry facilities, further enhancing the property's appeal and value.

Property Details

Property Features

Property Information:

  • Architectural Style: AirLite
  • Year Built: 1920
  • Living Area: 1,120 SqFt

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (215) 631-3154
  • Listing Agent: Andrew G Black

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • 3D Tour: 224 W Ontario St
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: Take Broad St to W Glenwood Ave, Take W Glenwood Ave towards Germantown Ave, Turn Right onto W Ontario St, Home will be on the Right.

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,000
  • Price Per SqFt: $174/SqFt

Tax Information:

  • Annual Amount: $574
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

224 W Ontario St vs Philadelphia

131 DAYS ON ROCKET

+86 Days

$195,000

-$70.3K Less

$174/SqFt

-$27 Less

KEY TAKEAWAY

This property is $70.3K less than the Median Sold Price and $27/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: #PAPH2379120

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (215) 631-3154
  • Listing Agent: Andrew G Black

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. ©2024 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: 12/23/2024, 7:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 15, 2008Home Sold
$63,000
Mar 09, 2006Home Sold
$77,000
Dec 29, 2005Home Sold
$45,000

Tax History

YEARPROP. TAXASSESSMENT
2020$574 -
2019$628$44,900
2018$679$48,500
2017$679$48,500

History based on county public records data.

Payment Calculator

$1,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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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-1248756
1
/10
  • William Cramp Elementary School

  • 3449 N Mascher St

  • 0.19 miles

  • Public District Grades KG-5

school-card-donut-1248757
1
/10
  • Bayard Taylor Elementary School

  • 3698 N Randolph St

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-1248758
1
/10
  • Isaac A. Sheppard Elementary School

  • 120 W Cambria St

  • 0.59 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,698. Most Philadelphia, PA residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia19140224 W Ontario St

This home is located at 224 W Ontario St in Philadelphia, PA and zip code 19140 in the Fairhill neighborhood. This 1,120 square foot home, which was built in 1920, sits on a 0.02 acre lot. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $195,000.

In November 2024, from all listings sold in Philadelphia, PA there were more than 219 sold above asking price, over 523 sold below and more than 204 were sold right at the asked price. The number of homes for sale in Philadelphia, PA increased by 1.8% between October 2024 and November 2024. In November 2024 median list price was $265,372 and the average listing age was 45 days.

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

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