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$389,000
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Property Description
425 E Allegheny Ave presents a rare opportunity to own both the real estate and the business on a high visibility corner in a prime commercial corridor. The first floor features a corner store that was owner operated, meaning the sale includes the property and the business. When open, the store generated approximately $500-$1,000 per day, creating strong cash flow potential that can significantly offset or fully cover the property expenses. The second floor offers a spacious 4-bedroom, 2 bath apartment currently without a kitchen; however, a kitchen can easily be reinstalled in the middle room where it was previously located. The unit was formerly rented by the room, providing flexible income strategies for the next owner. This is a true value-add, income-producing asset with upside on both the commercial and residential sides. Bring your offers-opportunities like this do not last!
Full Property Details
Full Property Details for 425 E Allegheny Ave
General
- Price: $389,000
- Taxes: $1,563 (2025)
- Status: Active
- Type: Store
- Source: BrightMLSPhilly
- MLS ID: PAPH2581938
- Updated: 3/20/2026
- Added to Site: 54 day(s) ago
Business
- Business Type: Convenience Store
Parking
- Parking Type: On Street
Location
- Area: 19134 (19134)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: 425 E Allegheny ave
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Building Size: 1600
- Year Built: 1920
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 990
- Lot Size Source: Assessor
- Lot Dimensions: 17.00 x 60.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $243.12
- Assessment Year: 2025
- School Tax: $875
- City/TownTax: $687
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $111,700
- Tax Amount: $1,563
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 62
Listed by Homestarr Realty, Aldo Torres
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Schools
Schools serving 425 E Allegheny Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Elkin Lewis School 3199 D Street, Philadelphia, PA 19134 | K-4 | 0.1 mi |
Edison Hs/Fareira Skills 151 West Luzerne Street, Philadelphia, PA 19140 | 9-12 | 1.1 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 425 E Allegheny Ave
Date
Details
Price
Change
Source
3/20/2026
Price Reduced
$389,000
-13.56%
MLS
2/07/2026
Listed
$449,999
462.5%
MLS
6/27/2008
Sold
$80,000
—
Public Record
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
Tax History for 425 E Allegheny Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,093
—
$111,700
—
2024
$1,093
18%
$111,700
18%
2023
$924
42%
$94,400
100%
2021
$651
-30%
-100%
2023
$924
-1%
$74,400
12%
2020
$931
1%
$66,500
1%
2019
$922
-5%
$65,900
-5%
2018
$969
-44%
$69,200
-44%
2017
$1,733
14%
$123,800
—
2016
$1,523
-8%
$123,800
—
2015
$1,659
—
$123,800
—
2014
$1,659
141%
$123,800
1659%
2013
$688
—
$7,040
—
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
Estimate the Cost for 425 E Allegheny Ave
425 E Allegheny Avenue, Philadelphia, PA 19134 (MLS# PAPH2581938) is a Store property. 425 E Allegheny Avenue is currently listed for $389,000 and was received on February 07, 2026. Want to learn more about 425 E Allegheny Avenue? Do you have questions about finding other Store real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

