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$224,999 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 1,980 Sq. Ft.
  • Updated 1 hour ago
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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!

Full Property Details for 422 E Allegheny Ave

General

  • Price: $224,999
  • Taxes: $2,642 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2605496
  • Updated: Today (4/8/2026)
  • Added to Site: Today

Parking

  • Parking Type: On Street

Location

  • Area: 19134 (19134)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: KENSINGTON
  • Cross Streets: C St
  • Driving Directions: 422 E Allegheny Ave

School Information

  • School District: Philadelphia City

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Interior Row/Townhouse
  • Construction: Block
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation: Block
  • Square Feet: 1,980
  • Sq. Ft. Source: Assessor
  • Living Area: 1,980 Sq. Ft.
  • Finished Above Grnd: 1,980 Sq. Ft.
  • Year Built: 1930
  • Year Built Source: Estimated

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 3

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 1,080
  • Lot Size Source: Assessor
  • Lot Dimensions: 15.00 x 72.00
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $113.64
  • Assessment Year: 2026
  • School Tax: $1,480
  • City/TownTax: $1,162
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $188,800
  • Tax Amount: $2,642
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 1980

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 101

Listed by Homestarr Realty, Aldo Torres

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Listing agent

— 422 E Allegheny Ave —

  • Aldo Torres

    Homestarr Realty

Listing Office Email: homestarr@homestarrinc.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 422 E Allegheny Ave

School District:Philadelphia City School District
NameGradesDistance
Elkin Lewis School
3199 D Street, Philadelphia, PA 19134
K-40.1 mi
Edison Hs/Fareira Skills
151 West Luzerne Street, Philadelphia, PA 19140
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 422 E Allegheny Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/08/2026
Listed
$224,999
246.15%
MLS
11/02/2005
Sold
$65,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 422 E Allegheny Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,643
—
$188,800
—
2024
$2,643
318%
$188,800
100%
2021
$632
-79%
-100%
2023
$3,025
334%
$216,100
334%
2020
$697
-9%
$49,800
-9%
2019
$763
-27%
$54,500
-27%
2018
$1,041
—
$74,400
—
2017
$1,041
—
$74,400
—
2016
$1,041
4%
$74,400
—
2015
$997
—
$74,400
—
2014
$997
70%
$74,400
1143%
2013
$585
—
$5,984
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 422 E Allegheny Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Homestarr Realty, Aldo Torres

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422 E Allegheny Avenue, Philadelphia, PA 19134 (MLS# PAPH2605496) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 422 E Allegheny Avenue is currently listed for $224,999 and was received on April 08, 2026. Want to learn more about 422 E Allegheny Avenue? Do you have questions about finding other Townhouse real estate for sale in Center City East? You can browse all Center City East real estate or contact a Coldwell Banker agent to request more information.

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