$251,000

2562 N 31st St Philadelphia, PA 19132

$2,981
Closing credit¹
1,200 sqft
0.02 acres
$209 / sqft
Multi-Family

Property details

About 2562 N 31st St

Investor special! Seller offering a stable portfolio of five properties with a 6.6% CAP RATE. Welcome to 2562 N 31st St.! With two solid tenants paying $1,820. This beautifully renovated duplex offers both comfort and convenience, making it a fantastic opportunity for someone looking to live in one and rent out the other. Thoughtfully updated, this charming home features modern upgrades while maintaining its cozy appeal. The fully rehabbed interior showcases sleek fixtures and stylish finishes, complemented by gleaming hardwood floors that add elegance and durability throughout the space. One of the standout features of this duplex is the in-unit washer and dryer, making laundry days effortless for each unit. Additionally, a refrigerator, deep sink, garbage disposal, and microwave are included, ensuring convenience in meal preparation. With thoughtful updates and practical amenities, this home is designed for easy living. Don’t miss out on this fantastic cash flow opportunity—schedule a showing today! **PACKAGE NOTES:** 5 turnkey rental properties that are giving you the chance to bundle and maximize your investment. - Each property is fully occupied by good-standing tenants. - Owner can provide rent receipts, etc. **PACKAGE DEAL:** 2562 N. 31st St. (PAPH2483066) List Price: $251,000 1st Floor unit Rental: $750 + $30 for water 2nd Floor unit Rental: $1,000 + $40 for water 2022 Rowan St. (PAPH2481082) List Price: $250,000 Rental: $1,534 (This is PHA housing) 2458 N Natrona St. (PAPH2481092) List Price: $205,000 Rental: $1,000 2460 N Natrona St. (PAPH2481094) List Price: $205,000 Rental: $1,200 2466 N Natrona St. (PAPH2481096) List Price: $205,000 Rental: $1,050

Highlights

Home typeDuplex
HeatingRadiant
StatusActive
(ACTIVE)
CoolingWindow Unit(s)
Size1,200 sqft
Lot size0.02 Acres
Year built1915
MLS #PAPH2483066

Summary

  • Basement: No
  • Parking: None
  • Architectural Style: Straight Thru
  • Heating: Radiant
  • Cooling: Window Unit(s)
  • List Price: $251,000
  • Price/SqFt: $209
  • Annual Tax Amount: $551
  • Tax Year: 2023
  • Directions: Head west on W Lehigh Ave toward W Lehigh Ave Turn left onto N Napa St Turn left at the 2nd cross street onto W Cumberland St Turn left at the 1st cross street onto N 31st St
  • Year Built: 1915
  • Living Area: 1,200 SqFt
  • Municipality: Philadelphia
  • Lot Size: 0.02 Acres
  • MLS Number: PAPH2483066
  • MLS Name: BRIGHT
  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Office Email: vicki@kwempower.com
  • Listing Agent: Martin Rodriguez
  • Agent Phone: (609) 226-9287
  • Agent Email: martinro1911@kw.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: 7/1/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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2562 N 31st St, Philadelphia, PA 19132 - view of property featuring covered porch, brick siding, entry steps, and a chimney

$251,000

2562 N 31st St

$2,981

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 05, 2016
Home Sold
$13,000

Tax history

YearAssessmentProperty Tax
2023$39,400$551
2022$39,400$257
2021$-$257
2020$18,400$257
2019$17,800$249
2018$22,500$314
2017$22,500$314

History based on county public records data.

Nearby schools

1

Richard R. Wright Elementary School

Public District KG-5

0.5 mi

2700 W Dauphin St

1

Thomas May Peirce Elementary School

Public District KG-6

0.8 mi

2300 W Cambria St

2

Philadelphia Hebrew Public Charter School

Public Charter KG-2

1.1 mi

3300 Henry 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 $22,593. Most Philadelphia, PA residents have annual incomes less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

67%
<35k
31%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

62%
Single, No Kids
24%
Single, with Kids
6%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
10%
12-17 yrs old
23%
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
  • H&MH&M

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

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

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Frequently asked questions

About 2562 N 31st St

The listing price of 2562 N 31st St property is $251,000.

The property 2562 N 31st St is a multi located in Philadelphia, Pennsylvania, 19132.

Active Listing: 2562 N 31st St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2562 N 31st St are: Richard R. Wright Elementary School (GreatSchools Rating 1/10), Thomas May Peirce Elementary School (GreatSchools Rating 1/10), Philadelphia Hebrew Public Charter School (GreatSchools Rating 2/10), Dr. Ethel D. Allen School (GreatSchools Rating 4/10), Rhodes Elementary School (GreatSchools Rating 4/10), Blaine Academics Plus School (GreatSchools Rating 3/10), Strawberry Mansion High School (GreatSchools Rating 3/10), Dobbins Avt High School (GreatSchools Rating 2/10), Randolph A. Philip Avt High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $551 (source: MLS/based on county public records data).

The last sale was on January 5, 2016 for $13,000 (source: MLS/tax record).

The property 2562 N 31st St is 1,200 SqFt (source: MLS/tax record).

The year of construction for 2562 N 31st St is 1915.

This home is located at 2562 N 31st St in Philadelphia, PA and zip code 19132 in the Strawberry Mansion neighborhood. This 1,200 square foot home, which was built in 1915, sits on a 0.02 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 24, 2025 and is currently priced at $251,000.

The inventory of homes for sale in Philadelphia, PA between April and May 2025 increased by 40.9%. Listings spent 89 days on the market in May 2025, and had a median list price of $298,569 during the same period.

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

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