#PAPH2385456, Carlos Masip, Listing office: KW Empower
240 W Glenwood Ave Philadelphia, PA 19140
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
(ACTIVE)
Summary
- Basement: Yes
- Garage Space: 2 spaces
- Parking: Covered Parking, Detached Garage,On Street,Off Street
- Architectural Style: Traditional
- Heating: Other
- Cooling: Window Unit(s)
- List Price: $375,000
- Price/SqFt: $118
- Directions: Turn left onto N Front St, Turn right onto W Venango St, Continue onto W Glenwood Ave
- Year Built: 1915
- Living Area: 3,167 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
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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.
Neighborhood
The neighbors living near this home have an average income of $14,684. Most Philadelphia, PA residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 240 W Glenwood Ave
The listing price of 240 W Glenwood Ave property is $375,000.
The property 240 W Glenwood Ave is a multi located in Philadelphia, Pennsylvania, 19140.
Active Listing: 240 W Glenwood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 240 W Glenwood Ave are: William Cramp Elementary School (GreatSchools Rating 1/10), Bayard Taylor Elementary School (GreatSchools Rating 1/10), Isaac A. Sheppard Elementary School (GreatSchools Rating 1/10), Hon. Luis Muñoz Marín School (GreatSchools Rating 3/10), The Promise Academy at Roberto Clemente Middle School (GreatSchools Rating 3/10), Potter-Thomas Promise Academy (GreatSchools Rating 4/10), The Linc (GreatSchools Rating 2/10), Thomas A. Edison High School (GreatSchools Rating 3/10), Esperanza Academy Charter School (GreatSchools Rating 5/10).
The property 240 W Glenwood Ave is 3,167 SqFt (source: MLS/tax record).
The year of construction for 240 W Glenwood Ave is 1915.
This home is located at 240 W Glenwood Ave in Philadelphia, PA and zip code 19140 in the Fairhill neighborhood. This 3,167 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 $375,000.
The inventory of homes for sale in Philadelphia, PA between May and June 2025 increased by 36.5%. While the average time on the market in June 2025 was 90 days, the median list price was $292,873.