This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$450,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Well-maintained detached duplex investment opportunity in the Rhawnhurst section of Northeast Philadelphia, offering immediate cash flow with clear upside potential. This two-unit property features (2) spacious 2-bedroom / 1-bath layouts, totaling approximately 2,074 SF on a 3,373 SF lot, with durable brick construction. The property is 100% occupied, generating $2,450/month in current gross rent. One unit is leased through May 31, 2027, providing income stability, while the second unit is month-to-month, creating a near-term opportunity to adjust rents to market. Based on current market conditions, comparable two-bedroom units in the immediate area are achieving higher rental rates, presenting a mark-to-market opportunity for increased income. This makes the property well-suited for investors seeking a balance of in-place cash flow and future growth. Located in a stable, demand-driven rental corridor with convenient access to Castor Avenue, Roosevelt Boulevard, shopping, and public transportation. The detached layout offers added tenant appeal and operational simplicity. Zoned RSA3. Annual taxes approximately $5,217. Property is not located in a flood hazard area. Ideal for investors or owner-occupants looking to offset expenses with rental income. Offered at $448,000.
Full Property Details
Full Property Details for 7916 Loretto Ave
General
- Sold For: $450,000
- Taxes: $5,217 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PAPH2601228
- Added to Site: 99 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: 19111 (19111)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Driving Directions: Rhawn from the blvd and go left on Loretto. property is on the right
School Information
- School District: Philadelphia City
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Multi-tank, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Detached
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Full
- Foundation: Brick/Mortar
- Square Feet: 2,074
- Sq. Ft. Source: Assessor
- Living Area: 2,074 Sq. Ft.
- Finished Above Grnd: 2,074 Sq. Ft.
- Year Built: 1960
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,373
- Lot Size Source: Assessor
- Lot Dimensions: 33.00 x 103.00
- Zoning: RSA3
Financial Considerations
- Price Per Sq. Ft.: $216.01
- Assessment Year: 2026
- School Tax: $2,921
- City/TownTax: $2,295
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $372,700
- Tax Amount: $5,217
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2074
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 232
Listed by J G McSherry LLC, Catheleen A Lazauskas
Sold by Keller Williams Real Estate-Doylestown, Fay Evans
Get Pre-Approved Today
Schools
Schools serving 7916 Loretto Ave
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Rhawnhurst School 7809 Castor Avenue, Philadelphia, PA 19152 | K-5 | 0.2 mi |
Castor Gardens Middle School 1800 Cottman Avenue, Philadelphia, PA 19111 | 6-8 | 0.8 mi |
Northeast High School 1601 Cottman Avenue, Philadelphia, PA 19111 | 9-12 | 0.7 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 7916 Loretto Ave
Date
Details
Price
Change
Source
6/12/2026
Sold
$450,000
0.45%
MLS
4/03/2026
Listed
$448,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7916 Loretto Avenue, Philadelphia, PA 19111 (MLS# PAPH2601228) is a Single Family property that was sold at $450,000 on June 12, 2026. Want to learn more about 7916 Loretto 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.

