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7631 Algon AvenuePhiladelphia, PA 19111

For Sale

$415,000

Smart Buyer Rebate $2,875

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!

Listed by Eric Lerman

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License #RS339653

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Keller Williams Real Estate Tri-County

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2672052526

Last updated December 09, 2025

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Source: BrightMLS #PAPH2565680

Listing Facts

  • TypeMulti-family
  • NeighborhoodRhawnhurst
  • Days on Prevu3
  • Taxes$5,086/year
  • Size2,310 sqft
  • Price per sqft$180

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/09/2025
Listed by Keller Williams Real Estate Tri-County
$415,000

Property Details for 7631 Algon Avenue

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Year Built: 1960
  • Architectural Style: Straight Thru, Unit/Flat
  • Construction Materials: Masonry

Features

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

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.08
  • Lot Size Dimensions: 28
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,317
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $5,086.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 2,310
  • Living Area Source: Assessor

Other

Location

  • Subdivision Name: RHAWNHURST
  • Tax Lot: 435

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Window Unit(s), Central A/C
  • 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 7631 Algon Avenue.

What are the annual taxes for 7631 Algon Avenue?

Annual taxes for this multi-family home are estimated at $5,086.

How does 7631 Algon Avenue compare to other multi-family homes in Rhawnhurst?

This multi-family home is listed 5% above the average price for multi-family homes in Rhawnhurst and has been on the market for 50 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 2,310 sqft.

7631 Algon Avenue is a -bedroom multi-family home for sale in PHILADELPHIA PA 19111. On Prevu for 3 days at $415,000. This residence features 2,310 square feet of living space, located in Rhawnhurst. The median listing price for multi-family homes in this area is $335,000. Property amenities include parking. Browse more 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.