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523 W Venango StreetPhiladelphia, PA 19140

For Sale

$369,999

Smart Buyer Rebate $1,750

Newly Repriced! Love garages? Looking for a high-performing investment property with an impressive cap rate and reliable tenants? Welcome to 523 W Venango Avenue. This pristine corner triplex with three garages showcases the care and attention the owner has invested. Each unit has been thoughtfully updated with modern kitchens, new flooring, renovated bathrooms, and electric baseboard heating. The building offers a mix of one studio, one two-bedroom, and one one-bedroom apartment. The garages are a standout feature—equipped with electric roll-up doors, heating, excellent overhead lighting, and extra storage space, plus a bonus upstairs mini office with AC and heat. The basement has been set up as a workshop, adding even more versatility to the property. Recent upgrades highlight the property’s turnkey condition, including a new roof installed in 2022, four new water heaters added in 2023, 100-amp service for each apartment, replacement windows throughout, and current lead testing. This is a rare opportunity to own a fully upgraded property with strong income, modern improvements, and unique features that set it apart. Close to Temple and Temple Hospital, close to several bus line and stores for tenants within walking distance.

Listed by Katherine Vail

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License #RS278677

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Elfant Wissahickon-Rittenhouse Square

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2156684989

Last updated January 14, 2026

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Source: BrightMLS #PAPH2559288

Listing Facts

  • TypeMulti-family
  • NeighborhoodFranklinville
  • Days on Prevu78
  • Taxes$3,800/year
  • Size3,074 sqft
  • Price per sqft$120

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/20/2025
Price Decreased
$369,999
11/13/2025
Listed by Elfant Wissahickon-Rittenhouse Square
$379,999

Property Details for 523 W Venango Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Property Condition: Excellent
  • Roof: Flat
  • Stories Total: 2
  • Year Built: 1925
  • Architectural Style: Back-to-Back, Contemporary
  • Construction Materials: Masonry

Features

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

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.05
  • Lot Size Dimensions: 21
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,066
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 16.45
  • Gross Income: $66,900.00

Taxes

  • Tax Annual Amount: $3,800.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Partially Carpeted, Vinyl
  • Spa: No

Measurements

  • Living Area: 3,074
  • Living Area Source: Estimated

Rooms

  • Basement: Full, Improved, Outside Entrance, Poured Concrete, Workshop
  • Has Basement: Yes

Other

Features

  • Accessibility Features: 2+ Access Exits

General

  • Exclusions: all tenants property

Location

  • Subdivision Name: NICETOWN-TIOGA

Parking

Parking

  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Lighted Parking, Heated, Private, Paved Driveway, Paved Parking

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Electric: 200+ Amp Service, Circuit Breakers
  • Heating: Baseboard - Electric
  • Has Heating: Yes
  • Sewer: Public Septic
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 523 W Venango Street.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 523 W Venango Street.

What are the annual taxes for 523 W Venango Street?

Annual taxes for this multi-family home are estimated at $3,800.

How does 523 W Venango Street compare to other multi-family homes in Franklinville?

This multi-family home is listed 25% above the average price for multi-family homes in Franklinville and has been on the market for 70 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 3,074 sqft.

523 W Venango Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19140. Available on Prevu for 78 days at $369,999. This includes a recent price decrease of $10,000. This property features 3,074 square feet of living space, located in Franklinville. The median listing price for multi-family homes in this area is $150,000. Additional amenities include parking. View other 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.