3281 Red Lion Road Philadelphia, PA $ 450,000
3281 Red Lion Road
$ 450,000
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3281 Red Lion Road

Philadelphia, PA, 19114
$ 450,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 3,108

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Multi-Family Home for sale in Philadelphia, PA

for $450,000 with 4 bedrooms. This home was built in 1974 on a lot size of 0.06.

Now offering 3281 Red Lion Road: a duplex w/ a unit mix of two (2) 2bd/1ba units, w/ Unit 1 currently occupied by a long-term tenant paying $1,550/month (their lease ends in February) and Unit 2, which has just been leased for $1,700/month on a 12 month term (started 9/27/26). Unit 2 features in-unit washer and dryer, and a private outdoor balcony. Fully rehabbed just a year ago and move-in ready, the apartment boasts a stylish kitchen with granite countertops, brand-new stainless steel appliances, and white shaker cabinets. Enjoy all-new luxury vinyl plank flooring, recessed LED lighting, and two evenly sized bedrooms. Unit 1 is cosmetically outdated, relative to Unit 2, but is in great shape, has private backyard access. Right out front, there are two (2) dedicated parking spots- one for each unit. Using "back of the napkin" underwriting, if you conservatively set aside 25% of your gross income to cover expenses, this building is operating at a 6.5% cap rate. Schedule your tour today!

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Multi-Family Active

Price

$ 450,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 5,452

Style

Unit/Flat

Lot Size

0.06

Year Built

1974

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2665064

Features
General
Living Area 1116
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Immediate
Zoning RSA-4
Architectural Style Unit/Flat
Construction Materials Masonry
School District PHILADELPHIA CITY
Exclusions Tenant's Personal Belonging's (Unit 1 & 2)
Year Built 1974
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility 2+ Access Exits
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name MORRELL PARK
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Use GPS.
City PHILADELPHIA
Number Of Units Total 2
MLS Area 19114 (19114)
Lot Size Units Square Feet
Lot Size Square Feet 2613.60
Number of Units Leased 2
Tax Annual Amount 5452.0
Two Bedroom 2
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 403.23
Acceptable Financing Cash Conventional FHA VA
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 424
Total Actual Rent 39000.00
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Interior
Heating Fuel Electric
Hot Water 60+ Gallon Tank
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Parking Features Paved Parking
Water Source Public
Inclusions Appliances in as-is condition.
Type of Parking Driveway
Foundation Details Brick/Mortar
Water View Y/N N
Lot Dimensions 20.00 x 141.00
Lot Size Acres 0.06
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 77900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3281
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* Excluded Features
List By
Keller Williams Main Line

Broker

dankim.realtor@gmail.com

Email

Affordability Calculator

$3,562
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,108
Monthly Property Taxes
$454
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/29/2026$425,000 Listed Price

Map


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3281 Red Lion Road, Philadelphia, PA, 19114 is a Multi-Family Home for sale at $450,000 with a lot size of 0.06. 3281 Red Lion Road has 4 bedrooms, 0.0 baths, and was built in 1974. The property's zip code is 19114 which is in Philadelphia, PA