Sold: Sep 22, 2026
Listed By:
Craig A. Lerch Jr. with EXP Realty, LLC - 8883977352;
Sold By:
Realty Mark Associates
Address
7979 Algon Avenue, Philadelphia, PA
Price
$ 433,000
Property Attributes
  • MLS#PAPH2619970
  • TypeMulti-Family
  • Listing Status CLOSED
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19111
  • NeighborhoodRhawnhurst
  • Zip19111
  • StyleTraditional
  • Year Built1960
  • Taxes$ 4448
  • Price$ 433,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.07 Acres
Data Source:
Bright MLS
Property Description

Make money! Your next MOVE! Live in 1 unit and rent the 2nd unit! Income-Generating Brick Duplex in Bustling Rhawnhurst. Imagine living in a classic all-brick twin duplex while the second unit pays your mortgage. Located in the heart of Rhawnhurst, Northeast Philadelphia, this well-maintained duplex offers two 2-bedroom, 1-bath units, each with separate utilities for ultimate convenience. Whether you're an investor or an owner-occupant, you'll appreciate the added value of a two-car garage, shared basement storage, and in-building washer/dryer units for both occupants. Step inside to find gleaming hardwood floors and bright, airy layouts that tenants will love. Outside, a serene rear yard invites relaxation and weekend gatherings. Commuters will delight in the proximity to Roosevelt Boulevard, I-95, Woodhaven Road, and Center Citymaking this an ideal location for renters who value accessibility. Public transportation is just steps away, with easy SEPTA bus connections to the Market-Frankford Line elevated train, the Broad Street Line, and regional rail. The neighborhood itself is predominantly residential, family-friendly, quiet, and well-maintained, with a walkable score of 78 that makes daily errands simple. With both units are occupied (Leases in Document area), this duplex is a rare opportunity to build wealth while owning a place to call home. Move into one unit, collect rent from the other, and watch equity grow with minimal vacancy risk in a neighborhood known for stable, long-term residency. The separate utility setup means zero landlord overhead per tenant, maximizing your cash flow from day one. Ideal for owner-investors seeking cash flow and appreciation, or for owner-occupants building equity while reducing housing costs. The all-brick construction ensures durability and low maintenance, while the established Rhawnhurst community offers the stability and walkability that tenants seek. Schedule your showing today and explore the possibilities of living and investing in one of Northeast Philadelphia's most desirable neighborhoods.

Price History

General Features

Zoning RSA3
Cooling None
Number of Units Leased 2
Lease Type Month to Month
Tax Lot 120
Year Built 1960
Structure Type Twin/Semi-Detached
Historic Y/N No
Lot Size Square Feet 2975.00
Lot Size Units Square Feet
City PHILADELPHIA
Accessibility None
Price Per Sq Ft Total AG 229.12
Other Units Unit 1,Unit 1
New Construction No
Living Area 1964
Architectural Style Traditional
Total Actual Rent 31620.00
Rent Control Y/N No
Tax Assessed Value 317800.0
Transportation Airport less than 10 miles,Bus Stop less than 1 mile,Commuter Rail Station 1 to 5 miles
County PHILADELPHIA
Total SQFT 1964
Other Structures Above Grade,Below Grade
Close Price 433000.00
Gross Income 31620.00
OwnerPays Sewer Maintenance,Snow Removal,Trash Collection,Taxes - Real Estate,Water,Sewer
Property Type Multi-Family
Home Warranty Y/N No
Property Condition Good
Subdivision Name RHAWNHURST
Sewer Public Sewer
Tax Year 2025
Association Recreation Fee No
Buyer Financing Cash,Conventional
Standard Status Closed
Status CLOSED
Roof Flat
Vacation Rental Y/N No
Two Bedroom 2
Possession Subject to Existing Lease
Heating Radiator
Construction Materials Masonry
Cool Fuel None
Property Subtype Duplex
Garage Y/N Yes
Year Built Source Assessor
Directions Rhawn St to Algon Ave
Number Of Units Total 1
MLS Area 19111 (19111)
Garage Spaces 1.00
Ownership Fee Simple
Water Access Y/N No
Tax Annual Amount 4448.0
School District PHILADELPHIA CITY

Interior Features

Furnished Units None
Hot Water Natural Gas
Fireplace Y/N No
Basement (Y/N) Yes
Heating Y/N Yes
Basement Garage Access,Full,Interior Access
Central Air Y/N No
Heating Fuel Natural Gas
LivingAreaSource Assessor
Flooring Carpet

Exterior Features

Water Oriented Y/N No
# of Attached Garage Spaces 1
Land Use Code K30
Spa No
Foundation Details Concrete Perimeter
Pool No Pool
Lot Size Acres 0.07
Lot Size Source Assessor
Lot Dimensions 25.00 x 119.00
ModificationTimestamp 2026-09-22T17:11:45
Navigable Water Y/N No
Total Parking Spaces 1
Parking Features Concrete Driveway
Garage Features Garage - Front Entry,Inside Access
Water View Y/N No
Days on Market 51
Water Source Public
LotDimensionsSource Assessor
Waterfront Y/N No
Type of Parking Attached Garage
Land Assessed Value 63560.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 19111

Price
AVG $490K
$430K
Taxes
AVG $5,238
$4,448
Year Built
AVG 1959
1960

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