Discover this meticulously renovated duplex in Southwest Philadelphia, perfectly suited for an owner-occupant seeking to enjoy one unit while reaping rental income from the other. This property offers a blend of modern updates and unique features, making it an attractive choice for homeowners and investors alike. The first unit is a distinctive bi-level space, featuring a kitchen equipped with stainless steel appliances and natural stone countertops on the main floor, alongside a bedroom and a convenient powder room. There's no traditional living room, which adds to the unit's unique character and spacious feel. The basement level houses another bedroom, which benefits from a walkout to an expansive carport that can accommodate 2-3 cars, adding a valuable outdoor element and convenience to this unit. The second unit on the second floor offers a one-bedroom layout with a separate living and kitchen area. The space is well-proportioned, providing a comfortable and inviting atmosphere. The bedroom is complemented by a full bathroom, located just outside, ensuring privacy and ease of use. This duplex is not just a place to live, but also an investment opportunity. The potential rental income is attractive, with PHA data indicating rates up to $1,200 for a one-bedroom and $1,400 for a two-bedroom in this zip code. For an owner-occupant, this means the chance to offset mortgage payments significantly while enjoying a beautifully updated home. The building is all electric with each unit having its own separate meter. Water is shared and the responsibility of the owner. Situated in a desirable Southwest Philadelphia neighborhood, the duplex is conveniently close to amenities, dining, and transportation, enhancing its appeal. This property is ideal for those looking to have a unit for themselves and a unit that brings in money to help tackle the mortgage payment! Best of both worlds! This is what I can a win-win situation!
Property Details
Property Features
Property Information:
Architectural Style: Colonial
Year Built: 1925
Living Area: 960 SqFt
Listing Office:
Office Name: United Real Estate
Office Phone: (484) 367-7727
Listing Agent: Ugochukwu U Opara
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Exterior Information:
Exterior: Sidewalks, Street Lights
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.02 Acres
Utilities
Utilities Information:
Heating: Radiant
Cooling: None
School Info
Assigned Schools Information:
John Bartram High School, Public District Grades 9-12
William T. Tilden Middle School, Public District Grades 5-8
Thomas G. Morton, Public District Grades KG-5
Other
Directions Information:
Directions: Use GPS for best directions
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $264,900
Price Per SqFt: $276/SqFt
Tax Information:
Annual Amount: $880
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $7.2K more than the Median Sold Price and $81/SqFt more than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2341370
Listing Office:
Office Name: United Real Estate
Office Phone: (484) 367-7727
Listing Agent: Ugochukwu U Opara
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Thomas G. Morton
2501 S 63rd St
Distance between this listing and this school0.29 miles
Public District Grades KG-5
Middle School
3
/10
William T. Tilden Middle School
6601 Elmwood Ave
Distance between this listing and this school0.59 miles
Public District Grades 5-8
High School
3
/10
John Bartram High School
2401 S 67th St
Distance between this listing and this school0.62 miles
Public District Grades 9-12
Assigned Schools
4
/10
Thomas G. Morton
2501 S 63rd St
Distance between this listing and this school0.29 miles
Public District Grades KG-5
Nearby Schools
3
/10
S. Weir Mitchell Elementary School
5500 Kingsessing Ave
Distance between this listing and this school0.64 miles
Public District Grades PK-6
5
/10
Joseph W. Catharine School
6600 Chester Ave
Distance between this listing and this school0.80 miles
Public District Grades EE-5
Assigned Schools
3
/10
William T. Tilden Middle School
6601 Elmwood Ave
Distance between this listing and this school0.59 miles
Public District Grades 5-8
Nearby Schools
4
/10
Richard Allen Preparatory Charter School
2601 S 58th St
Distance between this listing and this school0.32 miles
Public Charter Grades 5-9
4
/10
Southwest Leadership Academy Charter School
7101 Paschall Ave
Distance between this listing and this school1.16 miles
Public Charter Grades KG-8
Assigned Schools
3
/10
John Bartram High School
2401 S 67th St
Distance between this listing and this school0.62 miles
Public District Grades 9-12
Nearby Schools
5
/10
Hardy Williams Academy Charter School
1712 S 56th St
Distance between this listing and this school0.66 miles
Public Charter Grades KG-12
4
/10
Universal Audenried Charter High School
3301 Tasker St
Distance between this listing and this school1.42 miles
The neighbors living near this home have an average income of $23,556. Most Philadelphia, PA residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 2431 S Edgewood St in Philadelphia, PA and zip code 19142 in the Southwest Philadelphia neighborhood. This 960 square foot home, which was built in 1925, sits on a 0.02 acre lot. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $264,900.
In March 2024 more than 228 listings in Philadelphia, PA were sold above the asking price. During the same period more than 214 listings were sold at asking price, while more than 481 were sold below. The inventory of homes for sale in Philadelphia, PA between February 2024 and March 2024 increased by 4.6%. In March 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $257,610.
From Rocket Homes Real Estate and based on county public records data.