Discover an incredible multi-unit opportunity in the heart of Northeast Philadelphia, perfect for both investors and owner-occupants. This well-maintained corner property offers exceptional versatility, strong income potential, and the kind of location that keeps demand high year-round. The first floor is currently rented as office space, at well below market value, creating immediate room for increased income. This level features multiple rooms, central air, and a flexible layout that gives the new owner the option to convert it into a spacious three-bedroom residential unit. Whether you choose to keep it as commercial space or transform it into a rental apartment, the upside is undeniable. The upper unit is a bright and expansive three-bedroom, two-bathroom residence. Clean, inviting, and well cared for, it offers generous living space and plenty of natural light. This unit is ideal for an owner to occupy or for use as a highly desirable rental unit. Additional property features include access to a private laundry area, a backyard that provides private parking, and a layout that appeals to a wide range of tenants and buyers. Its convenient Northeast Philadelphia location places you near supermarkets, shopping centers, parks, restaurants, schools, major highways, and public transportation. It has everything needed for comfortable daily living and excellent rental appeal. Whether you're expanding your investment portfolio or looking for a home where rental income can cover a significant portion of your mortgage, this property delivers exceptional value. Opportunities like this are rare in such a sought-after area. Schedule your appointment today. This is one you won’t want to miss!
For sale
$415,000
7631 Algon Ave, Philadelphia, PA 19111
3beds
2baths
2,310sqft
Est.:
Duplex
Built in 1960
-- sqft lot
$407,900 Zestimate®
$180/sqft
$-- HOA
What's special
Private laundry areaMultiple roomsGenerous living spaceCentral airPlenty of natural lightCorner property
- 2 days |
- 428 |
- 21 |
Zillow last checked: 8 hours ago
Listing updated: December 08, 2025 at 04:06pm
Listed by:
Eric Lerman 267-205-2526,
Keller Williams Real Estate Tri-County (215) 464-8800
Source: Bright MLS,MLS#: PAPH2565680
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s), Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,310
- Total interior livable area: 2,310 sqft
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,317 Square Feet
- Dimensions: 28.00 x 119.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 871000215
- Zoning: RSA3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Straight Thru
- Property subtype: Duplex
Materials
- Masonry
- Foundation: Block, Brick/Mortar
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Rhawnhurst
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $363,400
- Annual tax amount: $5,086
- Date on market: 12/9/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$407,900
$388,000 - $428,000
$2,671/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Listed for sale | $415,000+3.8%$180/sqft |
Source: | ||
| 8/22/2024 | Listing removed | -- |
Source: | ||
| 7/4/2024 | Price change | $399,900-2.4%$173/sqft |
Source: | ||
| 6/12/2024 | Listed for sale | $409,900$177/sqft |
Source: | ||
| 6/12/2024 | Listing removed | $409,900$177/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,439/mo
Principal & interest
$2017
Property taxes
$277
Home insurance
$145
Climate risks
Neighborhood: Rhawnhurst
Nearby schools
GreatSchools rating
- 5/10Rhawnhurst SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Castor Gardens Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Northeast High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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