$3,561 Closing Credit¹
#PAPH2432258, Gary Umansky, Listing Office: Absolute Realty Group
$3,266
closing credit¹
1450 W Grange Ave Philadelphia, PA 19141
$275,000 List price
$3,266
Closing credit¹
4 beds
4 full
2,260 sqft
0.04 acres
$122 / sqft
Townhouse
Property details
About 1450 W Grange Ave
Prime Mixed-Use Investment Opportunity – 1450 Grange Street Welcome investors to 1450 Grange Street, a unique mixed-use property offering exceptional income potential. This versatile property features a commercial unit on the ground floor and an upper level with the potential to house four one-bedroom apartments. Whether you're looking for a long-term investment, a redevelopment project, or an owner-occupied business space, this property presents endless possibilities. Property Details: Ground Floor Commercial Unit – Previously operated as a convenience store, this space generated $3,000 per month in rental income. Upper-Level Residential Space – The second floor has the potential to be converted into four separate one-bedroom apartments, making this an excellent opportunity for a value-add investment. The units require a complete renovation, giving investors the flexibility to design modern, high-demand rental spaces. Income Potential: One-bedroom apartments in this area rent for approximately $1,240 per month. Once renovated, the total projected rental income from the upper-level units alone could reach $4,960 per month. Combined with the $3,000 monthly commercial rental income, the property offers a potential gross income of $7,960 per month. High-Demand Rental Market – With strong rental rates in the area, this property has significant upside potential once the residential units are completed. Strong Foot Traffic & Visibility – The commercial space benefits from a prime location with easy access for customers and tenants alike. Flexible Investment Opportunity – Ideal for passive income, a redevelopment project, or an owner-user looking to operate a business on-site while generating additional rental revenue. Endless Potential – Whether you renovate and rent, operate a business, or develop further, this property provides multiple options for strong returns. This is an excellent opportunity for investors looking to capitalize on a highly versatile property in a growing market. With the right vision and improvements, 1450 Grange Street can become a highly profitable asset. The property is being Sold AS-IS No Repairs will be Made
Highlights
Home typeTownhouse
HeatingRadiant
StatusActive
(ACTIVE)
(ACTIVE)
Size2,260 sqft
BasementYes
Lot size0.04 Acres
Year built1925
ParkingDriveway
MLS #PAPH2444512
Summary
- MLS Number: PAPH2444512
- MLS Name: BRIGHT
- Office Name: Keller Williams Realty
- Office Phone: (856) 321-1212
- Office Email: klrw653@kw.com
- Listing Agent: Alexis Smith
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: 2/12/2025, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$275,000
1450 W Grange Ave
$3,266
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 05, 2020 | Home Sold | $50,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $129,900 | $1,818 |
| 2022 | $129,900 | $1,818 |
| 2021 | $- | $1,818 |
| 2020 | $129,900 | $1,818 |
| 2019 | $135,600 | $1,898 |
| 2018 | $135,600 | $1,898 |
| 2017 | $135,600 | $1,898 |
History based on county public records data.
Nearby schools
4
Julia Ward Howe Academics Plus Elementary School
Public District KG-5
0.2 mi
•5800 N 13th St
2
Joseph Pennell Elementary School
Public District KG-5
0.3 mi
•1800 Nedro Ave
4
Prince Hall Elementary School
Public District KG-5
0.5 mi
•6101 N Gratz 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 $18,245. Most Philadelphia, PA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
77%
<35k
21%
35k-100k
1%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
70%
Single, No Kids
15%
Single, with Kids
9%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
39%
35-64 yrs old
23%
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
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Little Caesars
What do the neighbors drive?
Kia
Honda
Dodge
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1450 W Grange Ave
This home is located at 1450 W Grange Ave in Philadelphia, PA and zip code 19141 in the Ogontz neighborhood. This 2,260 square foot home, which was built in 1925, sits on a 0.04 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 11, 2025 and is currently priced at $275,000.
Over 152 listings were sold over their listed price in January 2025 in Philadelphia, PA. In the same period over 457 listings were sold below the listed price and 186 listings were sold for the listed price. The number of homes for sale in Philadelphia, PA increased by 3.5% between December and January 2025. Listings spent 52 days on the market in January 2025, and had a median list price of $266,945 during the same period.
From Rocket Homes Real Estate and based on county public records data.