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816 W Erie Avenue Philadelphia, PA $ 225,000
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$ 225,000 Get more info
816 W Erie Avenue
$ 225,000
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816 W Erie Avenue

Philadelphia, PA, 19140
$ 225,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 1,385

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Multi-Family Home for sale in Philadelphia, PA

for $225,000 with 4 bedrooms. This home was built in 1935 on a lot size of 0.03.

Welcome to 816 W Erie Ave, a value-add triplex opportunity located in the Hunting Park section of Philadelphia. This property offers immediate income with two occupied 2-bedroom units and a partially completed basement space that has the potential to be finished into a 1-bedroom unit, allowing the cap rate to increase from approximately 6.3% to 8.1%. Zoned RM-1, the building allows a triplex by right and comes with plans for continued use as a three-unit property. Additional features include separate utilities and a semi-finished lower-level unit ready for final completion. This property presents a strong investment option or owner-occupant opportunity with value-added upside. Conveniently located near public transit and local amenities, this triplex is offered as-is and provides an excellent chance to expand or begin your rental portfolio.

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Multi-Family Active

Price

$ 225,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 2,911

Style

Traditional

Lot Size

0.03

Year Built

1935

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2613072
Features
General
Living Area 1408
Sewer Public Sewer
Heating Baseboard - Electric
Cooling None
Possession Settlement
Zoning RM1
Architectural Style Traditional
Construction Materials Masonry
School District PHILADELPHIA CITY
Year Built 1935
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name HUNTING PARK
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions 816 W Erie Ave (gps)
City PHILADELPHIA
Number Of Units Total 1
MLS Area 19140 (19140)
Lot Size Units Square Feet
Lot Size Square Feet 1163.00
Number of Units Leased 2
Tax Annual Amount 2911.0
Two Bedroom 2
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 159.8
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 124
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Interior
Heating Fuel Electric
Basement Partially Finished
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Dimensions 16.00 x 75.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 41600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 816
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* Excluded Features
List By
Keller Williams Main Line

Broker

zach@unlockedteam.com

Email

Affordability Calculator

$1,628
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,385
Monthly Property Taxes
$243
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
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Pricing History
DatePricePrice ChangeDescription
4/27/2026$225,000 Listed Price

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816 W Erie Avenue, Philadelphia, PA, 19140 is a Multi-Family Home for sale at $225,000 with a lot size of 0.03. 816 W Erie Avenue has 4 bedrooms, 0.0 baths, and was built in 1935. The property's zip code is 19140 which is in Philadelphia, PA

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