StatusAccepting Backup Offers (ACTIVE UNDER CONTRACT)
About 6803 Woodland Ave
Welcome to 6803 Woodland Avenue - a legal, renovated triplex in Southwest Philadelphia offering a prime opportunity for passive, hassle-free income. Currently occupied by reliable Section 8 tenants, this property provides stability, guaranteed income, and minimal management efforts—making it the ideal investment. Section 8 allows for rent increases every two years. Two units are due for an increase in November 2024, boosting future cash flow. Tenants pay rent through Buildium, an online property management platform, ensuring consistent, automated payments. The seller provides a list of trusted local maintenance professionals (plumbers, HVAC techs, landscapers, etc.) to ensure smooth ongoing management. The seller is committed to a seamless transition, offering tenant payment history and proof of current Section 8 payments for due diligence. With reliable tenants in place, stable Section 8 income, and recent upgrades, this property offers the perfect opportunity to step into the role of a passive investor. Don’t miss out on this solid investment in a growing market!
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1920
Living Area: 1,950 SqFt
Listing Office:
Office Name: Luxe Real Estate LLC
Office Phone: (215) 251-7519
Listing Agent: Michelle A Phillips
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.05 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Other
Other
Directions Information:
Directions: Woodland Avenue
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $295,000
Price Per SqFt: $151/SqFt
Tax Information:
Annual Amount: $1,254
Tax Year: 2020
What can I afford?
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $29.6K more than the Median Sold Price and $50/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: #PAPH2399006
Listing Office:
Office Name: Luxe Real Estate LLC
Office Phone: (215) 251-7519
Listing Agent: Michelle A Phillips
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
5
/10
Joseph W. Catharine School
6600 Chester Ave
Distance between this listing and this school0.34 miles
Public District Grades KG-5
2
/10
John M. Patterson Elementary School
7000 Buist Ave
Distance between this listing and this school0.47 miles
Public District Grades KG-4
3
/10
Philadelphia Montessori Charter School
2227 Island Rd
Distance between this listing and this school0.56 miles
Public Charter Grades PK-6
Nearby Schools
3
/10
William T. Tilden Middle School
6601 Elmwood Ave
Distance between this listing and this school0.33 miles
Public District Grades 5-8
4
/10
Southwest Leadership Academy Charter School
7101 Paschall Ave
Distance between this listing and this school0.38 miles
Public Charter Grades KG-8
3
/10
Penn Wood Middle School
121 Summit St
Distance between this listing and this school0.99 miles
Public District Grades 7-8
Nearby Schools
2
/10
John Bartram High School
2401 S 67th St
Distance between this listing and this school0.27 miles
Public District Grades 9-12
5
/10
Mastery Charter School-Hardy Williams
5400 Warrington Ave
Distance between this listing and this school1.46 miles
Public Charter Grades KG-12
3
/10
Motivation High School
5900 Baltimore Ave
Distance between this listing and this school1.52 miles
The neighbors living near this home have an average income of $31,515. Most Philadelphia, PA residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
This home is located at 6803 Woodland Ave in Philadelphia, PA and zip code 19142 in the Mount Moriah neighborhood. This 1,950 square foot home, which was built in 1920, sits on a 0.05 acre lot. It has been listed on Rocket Homes since September 23, 2024 and is currently priced at $295,000.
Philadelphia, PA housing market in November 2024 saw over 219 listings sold above listed price, more than 204 sold at listed price and over 523 sold below. The inventory of homes for sale in Philadelphia, PA between October 2024 and November 2024 increased by 1.8%. 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.