$400,000

240 W Glenwood Ave Philadelphia, PA 19140

$4,750
Closing credit¹
2,467 sqft
0.03 acres
$162 / sqft
Multi-Family

Property details

About 240 W Glenwood Ave

A well-maintained triplex offering exceptional rental income potential. Each of the three spacious units features 2 bedrooms, a full bath, and a kitchen, making this a desirable choice for tenants seeking comfortable living in a convenient location. The property includes a detached 2-car garage, providing off-street parking and additional rental income. A major bonus is the finished basement with a full bath and a separate entrance, offering the flexibility to be used as a fourth rental unit, in-law suite, or communal tenant space, a rare feature for these kinds of properties. Currently the 2nd and 3rd floor are empty, 1st floor is tenant occupied on a month to month lease. Previous leases were $1000/month for 3rd floor, $1100/month for 2nd floor, current tenant pays $1150/month for first floor. Garage is rented out for $400/month. Adding in the freshly renovated basement and the numbers only get better. Whether you're expanding your portfolio or looking for a smart house-hack opportunity, this triplex could become one of your best investments.

Highlights

Home typeTriplex
HeatingOther
StatusActive
(ACTIVE)
CoolingWindow Unit(s)
Size2,467 sqft
Lot size0.03 Acres
Year built1915
ParkingCovered Parking, Detached Garage,On Street,Off Street
MLS #PAPH2488654
Garage2 spaces

Summary

  • Garage Space: 2 spaces
  • Parking: Covered Parking, Detached Garage,On Street,Off Street
  • Architectural Style: Traditional
  • Heating: Other
  • Cooling: Window Unit(s)
  • List Price: $400,000
  • Price/SqFt: $162
  • Directions: Turn left onto N Front St, Turn right onto W Venango St, Continue onto W Glenwood Ave
  • Year Built: 1915
  • Living Area: 2,467 SqFt
  • Municipality: Philadelphia
  • Lot Size: 0.03 Acres
  • MLS Number: PAPH2488654
  • MLS Name: BRIGHT
  • Office Name: HomeSmart Realty Advisors
  • Office Phone: (215) 604-1191
  • Office Email: gztsvn@gmail.com
  • Listing Agent: Oleksandr Kovtun
  • Agent Phone: (818) 321-0704
  • Agent Email: yourrealtoralexk@gmail.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: 6/2/2025, 6:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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240 W Glenwood Ave, Philadelphia, PA 19140 - view of property

$400,000

240 W Glenwood Ave

$4,750

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

1

William Cramp Elementary School

Public District KG-5

0.2 mi

3449 N Mascher St

1

Bayard Taylor Elementary School

Public District KG-5

0.3 mi

3698 N Randolph St

1

Isaac A. Sheppard Elementary School

Public District KG-4

0.7 mi

120 W Cambria St

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 $14,684. Typical income of Philadelphia, PA residents is less than $<35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

65%
<35k
29%
35k-100k
5%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

40%
Single, No Kids
38%
Single, with Kids
10%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

25%
<11 yrs old
10%
12-17 yrs old
29%
18-34 yrs old
31%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

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 240 W Glenwood Ave in Philadelphia, PA and zip code 19140 in the Fairhill neighborhood. This 2,467 square foot home, which was built in 1915, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $400,000.

Between April and May 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 40.9%. In May 2025, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $298,569.

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

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