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422 E Allegheny AvenuePhiladelphia, PA 19134

For Sale

$204,999

Smart Buyer Rebate - Ask

Turnkey investment opportunity at 422 E Allegheny Ave! This RM1-zoned triplex is priced at just $224,999 and offers immediate cash flow with additional upside, including potential space for a 4th unit. The property features three separately metered units: a first-floor 2-bedroom, 1-bath apartment currently rented month-to-month at $950, a second-floor 2-bedroom, 1-bath apartment that is vacant and ready for a new tenant or owner-occupant, and a third-floor 1-bedroom, 1-bath apartment rented month-to-month at $700. With two units already producing income and one available for lease at market rent, this property provides flexibility and strong earning potential. Separate utilities help keep expenses down, and the possibility to add another unit makes this a prime value-add opportunity. Conveniently located in an easy-commute area with a bus stop right on the corner, this property is ideal for tenants and owners alike. Whether you're a seasoned investor or just getting started, this property is ready to sell—schedule your showing and make your offer today!

Listed by Aldo Torres

·

Homestarr Realty

·

2675751325

Last updated September 12, 2026

·

Source: BrightMLS #PAPH2605496

Listing Facts

  • TypeMulti-family
  • NeighborhoodUpper Kensington
  • Days on Prevu160
  • Taxes$2,642/year
  • Size1,980 sqft
  • Price per sqft$104

Location

Mortgage Calculator

Listing History

09/13/2026
Price Decreased
$204,999
08/02/2026
Price Decreased
$214,999
05/04/2026
Status changed to Active
$224,999
04/28/2026
Status changed to Pending
$224,999
04/08/2026
Listed by Homestarr Realty
$224,999
  1. 09/13/2026$204,999
    Price Decreased
  2. 08/02/2026$214,999
    Price Decreased
  3. 05/04/2026$224,999
    Status changed to Active
  4. 04/28/2026$224,999
    Status changed to Pending
  5. 04/08/2026$224,999
    Listed by Homestarr Realty

Property Details for 422 E Allegheny Avenue

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 1930
  • Architectural Style: Other
  • Construction Materials: Block

Features

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

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.02
  • Lot Size Dimensions: 15
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,080
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $2,642.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 1,980
  • Living Area Source: Assessor

Rooms

  • Basement: Unfinished
  • Has Basement: Yes

Other

Location

  • Subdivision Name: KENSINGTON
  • Tax Lot: 101

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Heating: Hot Water
  • 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 422 E Allegheny Avenue.

What are the annual taxes for 422 E Allegheny Avenue?

Annual taxes for this multi-family home are estimated at $2,642.

How does 422 E Allegheny Avenue compare to other multi-family homes in Upper Kensington?

This multi-family home is listed 32% below the average price for multi-family homes in Upper Kensington and has been on the market for 53 more 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 1,980 sqft.

422 E Allegheny Avenue is a -bedroom multi-family home for sale in PHILADELPHIA PA 19134. Available on Prevu for 160 days at $204,999. This includes a recent price decrease of $10,000. This home features 1,980 square feet of living space, located in Upper Kensington. The median listing price for multi-family homes in this area is $100,000. Browse more multi-family home listings in Philadelphia.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

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.