$349,000

1505 W Erie Ave Philadelphia, PA 19140

$4,144
Closing credit¹
2,594 sqft
0.03 acres
$135 / sqft
Multi-Family

Property details

About 1505 W Erie Ave

Well-maintained, Fully Occupied Triplex in Prime Location Near Temple University school of pharmacy and Hospital! This fully occupied triplex at 1505 W Erie Ave presents an excellent investment opportunity with steady rental income and minimal turnover. Three separate units- each unit is spacious, well-maintained, and ideal for maximizing cash flow. The first and second floor each offers 2 bedrooms and 1 bath, and the third floor offers 1 bedroom and 1 bath. Current rent way below market value with a lot of potential.

Highlights

Home typeTriplex
HeatingCentral
StatusActive
(ACTIVE)
CoolingCentral Air, Ceiling Fan(s), Multi Unit(s), Wall Unit(s)
Size2,594 sqft
BasementYes
Lot size0.03 Acres
Year built1930
ParkingOn Street
MLS #PAPH2470464

Summary

  • Basement: Yes
  • Flooring Type: Hardwood, Luxury Vinyl Tile, Ceramic Tile
  • Parking: On Street
  • Architectural Style: Dwelling with Rental
  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s), Multi Unit(s), Wall Unit(s)
  • List Price: $349,000
  • Price/SqFt: $134
  • Annual Tax Amount: $2,614
  • Tax Year: 2023
  • Directions: GPS near Broad and Erie
  • Year Built: 1930
  • Living Area: 2,594 SqFt
  • Municipality: Philadelphia
  • Lot Size: 0.03 Acres
  • MLS Number: PAPH2470464
  • MLS Name: BRIGHT
  • Office Name: Samson Properties
  • Office Phone: (443) 542-2251
  • Listing Agent: Oday Jabbarin
  • Agent Phone: (215) 863-7890
  • Agent Email: oday@sellmyhomeoday.com

IDX 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: 5/12/2025, 12:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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doorway to property featuring a porch and brick siding

$349,000

1505 W Erie Ave

$4,144

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 08, 2018
Home Sold
$68,000
Sep 22, 2006
Home Sold
$65,000

Tax history

YearAssessmentProperty Tax
2023$186,800$2,614
2022$381,100$1,308
2021$-$1,308
2020$93,500$1,308
2019$90,400$1,265
2018$91,800$1,285
2017$91,800$1,285

History based on county public records data.

Nearby schools

2

Mastery Preparatory Elementary Charter School

Public Charter KG-4

0.3 mi

1801 W Pike St

1

Bayard Taylor Elementary School

Public District KG-5

0.8 mi

3698 N Randolph St

3

Alexander McClure School

Public District KG-5

0.9 mi

600 W Hunting Park Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,125. Most Philadelphia, PA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

47%
<35k
49%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

65%
Single, No Kids
24%
Single, with Kids
7%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
38%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1505 W Erie Ave in Philadelphia, PA and zip code 19140 in the Tioga neighborhood. This 2,594 square foot home, which was built in 1930, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $349,000.

The inventory of homes for sale in Philadelphia, PA between March and April 2025 increased by 49.7%. Listings spent 88 days on the market in April 2025, and had a median list price of $291,214 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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