Investor's Dream – Prime Multi-Family Conversion Opportunity! Welcome to 3340 Potter St, a rare find in the heart of Philadelphia’s thriving real estate market. This RM1 zoned property offers incredible potential for investors and developers looking to convert a single-family home into a multi-family residence. Already cleaned and fully demoed, this property is a true blank canvas—just walk in and start your transformation. With RM1 zoning, you have the green light to create a multi-unit building (subject to city approval) that can maximize rental income and take advantage of Philadelphia’s growing demand for rental properties. The hard work is done—this home has already been stripped down, giving you a clean slate to design your dream investment project. Whether you're looking to add multiple units or explore other development possibilities, the potential here is endless. The location offers convenient access to major roadways, public transportation, and nearby amenities, ensuring long-term value and tenant appeal. Key Features:- RM1 Zoning for Multi-Family Conversion- Clean, Fully Demoed Interior—Ready for Renovation- Spacious layout for flexible unit configurations- Prime location with easy access to public transit and highways- Investor-friendly opportunity with high potential return on investment Accepting Cash or Hard Money Offers Only This is a fantastic opportunity for cash investors or those with access to hard money financing. Come see it today and bring your vision to life!
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1920
Stories: 2
Living Area: 1,120 SqFt
Listing Office:
Office Name: The Greene Realty Group
Office Phone: (860) 560-1006
Listing Agent: Derek J. Greene
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.02 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: 2241 7/8 NE OF I ST
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $69,000
Price Per SqFt: $62/SqFt
Tax Information:
Annual Amount: $739
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $192.8K less than the Median Sold Price and $137/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: #PAPH2421716
Listing Office:
Office Name: The Greene Realty Group
Office Phone: (860) 560-1006
Listing Agent: Derek J. Greene
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.
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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
2
/10
Philip H. Sheridan Elementary School
800 E Ontario St
Distance between this listing and this school0.24 miles
Public District Grades KG-4
4
/10
John H. Webster Elementary School
3400 Frankford Ave
Distance between this listing and this school0.31 miles
Public District Grades KG-5
4
/10
Deep Roots Charter School
3556 Frankford Ave
Distance between this listing and this school0.44 miles
Public Charter Grades KG-6
Nearby Schools
5
/10
Conwell Russell Middle School
1849 E Clearfield St
Distance between this listing and this school0.41 miles
Public Magnet Grades 5-8
4
/10
Francis Hopkinson School
4001 L St
Distance between this listing and this school0.76 miles
Public District Grades KG-8
8
/10
Aspira Charter School at John B. Stetson
3200 B St
Distance between this listing and this school0.83 miles
Public Charter Grades 5-8
Nearby Schools
4
/10
Community Academy of Philadelphia Charter School
1100 E Erie Ave
Distance between this listing and this school0.41 miles
Public Charter Grades KG-12
3
/10
Mastbaum Jules E Avts
3116 Frankford Ave
Distance between this listing and this school0.47 miles
Public District Grades 9-12
5
/10
Mariana Bracetti Academy Charter School
1840 Torresdale Ave
Distance between this listing and this school0.97 miles
The neighbors living near this home have an average income of $26,133. Most Philadelphia, PA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3340 Potter St
What is the listing price of this property?
The listing price of 3340 Potter St property is $69,000.
What type of property is this?
The property 3340 Potter St is a townhouse located in Philadelphia, Pennsylvania, 19134.
Is this property for sale now?
Active Listing: 3340 Potter St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $739 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 3340 Potter St has 3 bedrooms and 1 bathroom.
What is the square footage of this property?
The property 3340 Potter St is 1,120 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3340 Potter St is 1920.
This home is located at 3340 Potter St in Philadelphia, PA and zip code 19134 in the Bridesburg / Kensington / Richmond neighborhood. This 1,120 square foot home, which was built in 1920, sits on a 0.02 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $69,000.
In October 2024 more than 252 listings in Philadelphia, PA were sold above the asking price. During the same period more than 237 listings were sold at asking price, while more than 567 were sold below. In October 2024 in Philadelphia, PA there were 9.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 44 days, the median list price was $261,807.
From Rocket Homes Real Estate and based on county public records data.