$450,000
For Sale by Owner $229/sq ft
Listed 1 month ago

Multi-Family for Sale in Philadelphia, PA

7979 Algon Ave, Philadelphia, PA 19111
Studio
0 Bath
1,964 sq ft
Built 1960
PropSlick Verified Data Key facts & insights for this exact address
$229
Price / sq ft
1960
Year Built
$4,448
Property Tax / yr
2,975 sf
Lot Size
1
Garage Spaces
Philadelphia
County

Key Facts

Property TypeMulti-Family
Year Built1960
Square Footage1,964 sq ft
Lot Size2,975 sq ft
Garage Spaces1
Annual Property Tax$4,448
Price / SqFt$229

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 City-making 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.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Heating
Washer/Dryer

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

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