$4,084 Closing Credit¹
Patrick L Williams, Listing Office: KW Greater West Chester
$3,978
closing credit¹
1318 E Luzerne St Philadelphia, PA 19124
$335,000 List price
$3,978
Closing credit¹
2,625 sqft
0.03 acres
$128 / sqft
Multi-Family
Property details
About 1318 E Luzerne St
Investor's Alert! A great corner property for sale. This 2600sqft mix-use property is located in a nice and clean street. It contains of 1 commercial space and 2 residential family. Unit1 commercial space is generating $850 monthly income with 5% rent increase every year. Unit2 is a large 2B1B generating $900 a month, which is under market price. Unit3 is a 3B1B rented at $950 a month, also way under market price. These 3 units currently generating $32.4K yearly income, while the normal market price should be $35-37K. A great investment property for you to pick in Northeast Philly. Won't last long, schedule your appointment ASAP.
Highlights
Home typeTriplex
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingWindow Unit(s)
Size2,625 sqft
BasementYes
Lot size0.03 Acres
Year built1925
MLS #PAPH2410448
Summary
- MLS Number: PAPH2410448
- MLS Name: BRIGHT
- Office Name: Coldwell Banker Realty
- Office Phone: (215) 923-7600
- Office Email: cbpoldcityadmin@cbpref.com
- Listing Agent: Qiao Shen
Information Deemed Reliable But Not Guaranteed. 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 9:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$335,000
1318 E Luzerne St
$3,978
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 29, 2013 | Home Sold | $50,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $0 | $1,585 |
| 2019 | $105,200 | $1,472 |
| 2018 | $109,300 | $1,529 |
| 2017 | $109,300 | $1,529 |
History based on county public records data.
Nearby schools
2
Mastery Preparatory Elementary Charter School
Public Charter KG-4
0.4 mi
•1801 W Pike St
3
Alexander McClure School
Public District KG-5
0.6 mi
•600 W Hunting Park Ave
1
Bayard Taylor Elementary School
Public District KG-5
0.7 mi
•3698 N Randolph St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,317. The majority of Philadelphia, PA residents have income less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
61%
<35k
35%
35k-100k
3%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
60%
Single, No Kids
23%
Single, with Kids
9%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
10%
12-17 yrs old
22%
18-34 yrs old
44%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1318 E Luzerne St in Philadelphia, PA and zip code 19140 in the Tioga neighborhood. This 2,625 square foot home, which was built in 1925, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $335,000.
In December 2024 more than 218 listings in Philadelphia, PA were sold above the asking price. During the same period more than 229 listings were sold at asking price, while more than 580 were sold below. The number of listings in Philadelphia, PA decreased by 2.3% between November and December 2024. In December 2024 median list price was $267,873 and the average listing age was 49 days.
From Rocket Homes Real Estate and based on county public records data.