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$199,999

422 Allegheny Ave

Philadelphia, PA
ACTIVE-BRIGHT
5
Bedrooms
1,980
Square Feet
0.02
Lot Size (acres)
1930
Year Built
213
Days On Market

Turnkey investment opportunity at 422 E Allegheny Ave! This RM1-zoned triplex is priced at just $224,999 and offers immediate cash flow with additional upside, including potential space for a 4th unit. The property features three separately metered units: a first-floor 2-bedroom, 1-bath apartment currently rented month-to-month at $950, a second-floor 2-bedroom, 1-bath apartment that is vacant and ready for a new tenant or owner-occupant, and a third-floor 1-bedroom, 1-bath apartment rented month-to-month at $700. With two units already producing income and one available for lease at market rent, this property provides flexibility and strong earning potential. Separate utilities help keep expenses down, and the possibility to add another unit makes this a prime value-add opportunity. Conveniently located in an easy-commute area with a bus stop right on the corner, this property is ideal for tenants and owners alike. Whether you're a seasoned investor or just getting started, this property is ready to sell—schedule your showing and make your offer today!

Listing Information

Listing Updated
09/25/2026
Listed By
Aldo Torres, 2675751325 · Homestarr Realty, 2153555565
MLS#
PAPH2605496
Source
Bright
Status
ACTIVE-BRIGHT

Facts & Features

Location

Community Information

Address
422 E Allegheny Ave, Philadelphia, PA 19134
City
Philadelphia
County
Philadelphia
Neighborhood
KENSINGTON
Zip Code
19134

Architecture

Bedrooms
5
Year Built
1930
Style
Other
Construction Materials
Block
Building Area
1,980 sq. ft.
Foundation
Block
Garage Spaces
0
Parking Features
On Street

Features & Amenities

Appliances
Electric Water Heater
Cooling
None
Heating
Natural Gas, Hot Water

Property Features

Lot Size
0.02 Acres
Water
Public
Sewer
Public Sewer

Square Footage

Above Grade
1,980 sq. ft.
Total
1,980 sq. ft.

Tax & Financial Information

List Price
$199,999
Annual Taxes
$2,642

Schools

73/100
Webster School
Elementary · Grades PK–05 · 0.9 mi
City
Philadelphia
Students
491
Parent reviews
5.0★ avg · 2 reviews
Student body
54% Hispanic / Latino · 31% Black · 11% White
Free/reduced lunch
99%
Phone
(215) 400-7170
68/100
Conwell Russell Middle School
Middle · Grades 05–08 · 0.5 mi
City
Philadelphia
Students
367
Parent reviews
4.0★ avg · 2 reviews
Student body
45% Hispanic / Latino · 34% Black · 9% Two or More Races
Free/reduced lunch
100%
Phone
(215) 400-7210
67/100
Munoz-Marin Luis
Elementary · Grades PK–08 · 0.7 mi
City
Philadelphia
Students
690
Student body
79% Hispanic / Latino · 12% Black · 7% Two or More Races
Free/reduced lunch
100%
Phone
(215) 400-3920
66/100
Pan American Academy Charter School
Elementary · Grades KG–08 · 0.8 mi
City
Philadelphia
Students
742
Parent reviews
4.5★ avg · 4 reviews
Student body
87% Hispanic / Latino · 7% Black · 6% Two or More Races
Free/reduced lunch
100%
Phone
(215) 425-1212
65/100
John B Stetson Middle School
Middle · Grades 05–08 · 0.2 mi
City
Philadelphia
Students
560
Student–teacher
14.5
Student body
77% Hispanic / Latino · 19% Black · 2% Two or More Races
Free/reduced lunch
99%
Phone
(215) 400-4000
58/100
Hunter William High School
Elementary · Grades PK–08 · 0.9 mi
City
Philadelphia
Students
544
Student body
76% Hispanic / Latino · 10% Two or More Races · 10% Black
Free/reduced lunch
100%
Phone
(215) 400-7110
55/100
Elkin Lewis School
Elementary · Grades KG–04 · 0.1 mi
City
Philadelphia
Students
539
Student body
76% Hispanic / Latino · 20% Black · 2% White
Free/reduced lunch
100%
Phone
(215) 400-7140
53/100
Willard Frances E School
Elementary · Grades KG–04 · 0.5 mi
City
Philadelphia
Students
704
Student body
51% Hispanic / Latino · 29% Black · 10% White
Free/reduced lunch
100%
Phone
(215) 400-7180

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
04/08/2026Listed for sale$199,999

Listed by Aldo Torres · Homestarr Realty · 2153555565

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: September 25, 2026 at 7:32 PM | Source: Bright | MLS#: PAPH2605496

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