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205 Lockart Terrace, Philadelphia PA 19116
205 Lockart Terrace, Philadelphia PA 19116
Pennsylvania>Philadelphia>Somerton

205 Lockart TerracePhiladelphia, PA 19116

For Sale

$499,900

Smart Buyer Rebate $4,999

Great opportunity to own a twin duplex in the highly desirable Somerton neighborhood of Northeast Philadelphia. This well-maintained income-producing property features two spacious apartments, each offering 2 bedrooms, a large living room, dining room, kitchen, hallway, and a three-piece bathroom.

The lower level includes a shared laundry and utility area as well as a two-car attached garage, providing additional convenience and storage.

Ideal for an investor seeking strong rental income or an owner-occupant looking to live in one unit while generating income from the other. The property is currently occupied by two families, offering immediate rental income potential.

Conveniently located near shopping, schools, public transportation, and major roadways, this is an excellent opportunity to invest in one of Northeast Philadelphia’s most sought-after communities.

Listed by Carlos Cesar

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License #AB067071

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RE/MAX 2000

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2156983987

Last updated September 02, 2026

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Source: BrightMLS #PAPH2656020

Listing Facts

  • TypeMulti-family
  • NeighborhoodSomerton
  • Days on Prevu14
  • Taxes$6,562/year
  • Size1,844 sqft
  • Price per sqft$271

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/01/2026
Listed by RE/MAX 2000
$499,900
  1. 09/01/2026$499,900
    Listed by RE/MAX 2000

Property Details for 205 Lockart Terrace

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Year Built: 1969
  • Architectural Style: Straight Thru
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.07
  • Lot Size Dimensions: 29
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,922
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $6,562.00
  • Tax Year: 2026

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 1,844
  • Living Area Source: Assessor

Rooms

  • Basement: Unfinished, Walkout Level
  • Has Basement: Yes

Other

Location

  • Subdivision Name: SOMERTON
  • Tax Lot: 170

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

Equipment

  • Heating: 90% Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 205 Lockart Terrace.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 205 Lockart Terrace.

What are the annual taxes for 205 Lockart Terrace?

Annual taxes for this multi-family home are estimated at $6,562.

How does 205 Lockart Terrace compare to other multi-family homes in Somerton?

This multi-family home is listed 19% above the average price for multi-family homes in Somerton and has been on the market for 24 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,844 sqft.

205 Lockart Terrace is a -bedroom multi-family home for sale in PHILADELPHIA PA 19116. Available on Prevu for 14 days at $499,900. This home features 1,844 square feet of living space, located in Somerton. The median listing price for multi-family homes in this area is $430,220. Property amenities include parking. View other multi-family home listings in Philadelphia.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.