223 S 49th Street, Philadelphia, PA 19139 - Photo 1

1/1

$394,000

Sold
Closed
Triplex
2,160 Sq. Ft.

1/1

Property Description

Legal Triplex w/ Active Rental License - Fully Occupied & Income-Producing in Walnut Hill! Over 2,100 sq ft across 3 renovated units. Strong cash flow from day one: Unit 1 - $1,265/mo + $50 water fee (MTM), Unit 2 - $1,100/mo (MTM), Unit 3 - $845/mo. Total income: $3,260/mo. Features include a new roof, updated interiors, and solid rental history. Located minutes from Drexel, Penn, and University City. Ideal for investors or house hackers. Turnkey property in a high-demand rental area. Don't miss this opportunity!

Full Property Details

Full Property Details for 223 S 49th St

General

Sold For: $394,000
Taxes: $5,860 (2024)
Status: Closed
Type: Triplex
Source: BrightMLSPhilly
MLS ID: PAPH2484564
Added to Site: 244 day(s) ago

Parking

Parking Type: Other, On Street

Location

Area: 19139 (19139)
Municipality: PHILADELPHIA
County: Philadelphia
Development Name: Walnut Hill
Subdivision: Walnut Hill
Driving Directions: google maps

School Information

School District: Philadelphia City

Heating & Cooling

Cooling Type: None
Heating Type: Radiant
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: AirLite
Architectural Style: AirLite
Structure Type: Interior Row/Townhouse
Construction: Masonry, Aluminum Siding, Brick
Basement: Yes
Basement Desc.: Full
Foundation: Other
Stories/Levels: 3
Square Feet: 2,160
Sq. Ft. Source: Assessor
Living Area: 2,160 Sq. Ft.
Finished Above Grnd: 2,160 Sq. Ft.
Year Built: 1925
Year Built Source: Assessor
Property Condition: Very Good

Unit Information

1 Bedroom Units: 2
2 Bedroom Units: 1

Lot Features

Lot Dimensions: 16.00 x 97.00
Zoning: RM1

Financial Considerations

Price Per Sq. Ft.: $189.81
Assessment Year: 2025
School Tax: $3,282
City/TownTax: $2,578
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $418,700
Tax Amount: $5,860
Tax Year: 2024
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 2160

Disclosures and Reports

Ownership: Other
Exclusions: Tenant's Personal Property
Lot Number: 81

Listed by New Century Real Estate, Alan Armen Asriants and New Century Real Estate, Maria Guadalupe Asriants
Sold by Real Broker, LLC, Anthony John Scornaienchi III

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Listing agents

— 223 S 49th St —

Alan Armen Asriants

New Century Real Estate
Maria Guadalupe Asriants

New Century Real Estate

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Schools

Schools serving 223 S 49th St

School District:Philadelphia City School District

Name	Grades	Distance
Lea Henry C School 4700 Locust Street, Philadelphia, PA 19139	K-8	0.2 mi
West Philadelphia High School 4901 Chestnut Street, Philadelphia, PA 19139	9-12	0.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 223 S 49th St

Date

Details

Price

Change

Source

7/18/2025

Sold

$394,000

-3.9%

MLS

5/19/2025

Listed

$410,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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223 S 49th Street, Philadelphia, PA 19139 (MLS# PAPH2484564) is a Triplex property that was sold at $394,000 on July 18, 2025. Want to learn more about 223 S 49th Street? Do you have questions about finding other Triplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

223 S 49th St Philadelphia, PA 19139