7631 Algon Ave, Philadelphia, PA 19111
Local realty services provided by:ERA Valley Realty
7631 Algon Ave,Philadelphia, PA 19111
$420,000
- 3 Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: eric lerman
Office: keller williams real estate tri-county
MLS#:PAPH2565680
Source:BRIGHTMLS
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Price summary
- Price:$420,000
About this home
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!
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Home facts
- Year built:1960
- Listing ID #:PAPH2565680
- Added:42 day(s) ago
- Updated:January 21, 2026 at 01:44 AM
Rooms and interior
- Bedrooms:3
Heating and cooling
- Cooling:Central A/C, Window Unit(s)
- Heating:90% Forced Air, Natural Gas
Structure and exterior
- Year built:1960
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$420,000
- Tax amount:$5,086 (2025)
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