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$420,000
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Property Description
Discover an incredible multi-unit opportunity in the heart of Northeast Philadelphia, perfect for both investors and owner-occupants. This well-maintained corner property offers exceptional versatility, strong income potential, and the kind of location that keeps demand high year-round. The first floor is currently rented as office space, at well below market value, creating immediate room for increased income. This level features multiple rooms, central air, and a flexible layout that gives the new owner the option to convert it into a spacious three-bedroom residential unit. Whether you choose to keep it as commercial space or transform it into a rental apartment, the upside is undeniable. The upper unit is a bright and expansive three-bedroom, two-bathroom residence. Clean, inviting, and well cared for, it offers generous living space and plenty of natural light. This unit is ideal for an owner to occupy or for use as a highly desirable rental unit. Additional property features include access to a private laundry area, a backyard that provides private parking, and a layout that appeals to a wide range of tenants and buyers. Its convenient Northeast Philadelphia location places you near supermarkets, shopping centers, parks, restaurants, schools, major highways, and public transportation. It has everything needed for comfortable daily living and excellent rental appeal. Whether you're expanding your investment portfolio or looking for a home where rental income can cover a significant portion of your mortgage, this property delivers exceptional value. Opportunities like this are rare in such a sought-after area. Schedule your appointment today. This is one you won't want to miss!
Full Property Details
Full Property Details for 7631 Algon Ave
General
- Sold For: $420,000
- Taxes: $5,086 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PAPH2565680
- Added to Site: 90 day(s) ago
Rental Information
- Lease Info: Yearly
Parking
- Parking Type: Driveway, On Street
Location
- Area: 19111 (19111)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: RHAWNHURST
- Cross Streets: Napfle Ave
- Driving Directions: From Cottman Ave, continue to Napfle Ave. Property is on right at intersection
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Window Unit(s), Central A/C
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Straight Thru, Unit/Flat
- Structure Type: Twin/Semi-Detached
- Construction: Masonry
- Foundation: Block, Brick/Mortar
- Square Feet: 2,310
- Sq. Ft. Source: Assessor
- Living Area: 2,310 Sq. Ft.
- Finished Above Grnd: 2,310 Sq. Ft.
- Year Built: 1960
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,317
- Lot Size Source: Assessor
- Lot Dimensions: 28.00 x 119.00
- Zoning: RSA3
Financial Considerations
- Price Per Sq. Ft.: $179.65
- Assessment Year: 2025
- School Tax: $2,848
- City/TownTax: $2,238
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $363,400
- Tax Amount: $5,086
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2310
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 435
Listed by Keller Williams Real Estate Tri-County, Eric Lerman
Sold by High Lite Realty LLC, Arsen Bulaj
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Schools
Schools serving 7631 Algon Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Rhawnhurst School 7809 Castor Avenue, Philadelphia, PA 19152 | K-5 | 0.6 mi |
Castor Gardens Middle School 1800 Cottman Avenue, Philadelphia, PA 19111 | 6-8 | 0.6 mi |
Northeast High School 1601 Cottman Avenue, Philadelphia, PA 19111 | 9-12 | 0.4 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 7631 Algon Ave
Date
Details
Price
Change
Source
1/19/2026
Sold
$420,000
1.2%
MLS
12/09/2025
Listed
$415,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7631 Algon Avenue, Philadelphia, PA 19111 (MLS# PAPH2565680) is a Single Family property that was sold at $420,000 on January 19, 2026. Want to learn more about 7631 Algon Avenue? Do you have questions about finding other Single Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

