This fully occupied 7-unit multifamily property offers immediate cash flow and peace of mind with a fully renovated interior throughout. Located in the desirable Mt. Airy neighborhood of Philadelphia, each unit has been thoughtfully updated with modern finishes, new flooring, kitchens, baths, and mechanical systems. Tenants enjoy a comfortable and stylish living space, while investors benefit from low maintenance and strong rental demand in this sought-after area. Minutes from public transportation, shops, and restaurants. Perfect for both seasoned and new investors seeking a stable, income-generating asset in a prime location. Potential sits in updating the exterior and receiving an income from the two car detached garage.
For sale
Price cut: $20K (7/10)
$1,169,000
400 E Vernon Rd, Philadelphia, PA 19119
7beds
7baths
3,780sqft
Est.:
Multi Family
Built in 1921
-- sqft lot
$1,120,900 Zestimate®
$309/sqft
$-- HOA
What's special
Fully renovated interiorNew flooring
- 57 days
- on Zillow |
- 599 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 11:35pm
Listed by:
Michael Olsakowski 973-525-7179,
Keller Williams Real Estate-Langhorne (215) 757-6100
Source: Bright MLS,MLS#: PAPH2497016

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
Heating
- Radiator, Natural Gas Available
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,780
- Total interior livable area: 3,780 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Detached, On Street
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 0.28 Acres
- Dimensions: 120.00 x 100.00
Details
- Additional structures: Above Grade
- Parcel number: 881210003
- Zoning: REZONED FROM - RSA-5
- Zoning description: Owners received - Certificate of Occupancy - City of Phila. CERTIFICATE OF OCCUPANCY FOR A MULTI FAM - Permit # AP-2022-007762
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Masonry
- Foundation: Stone
- Roof: Pitched,Shingle
Condition
- Very Good
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $309/sqft
- Tax assessed value: $434,200
- Annual tax amount: $6,078
- Date on market: 6/20/2025
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Negotiable,Conventional
- Exclusions: All Tenants Belongings
- Ownership: Fee Simple
- Income includes: Apartment Rentals
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