#PAPH2439138, Harkeet S Chadha, Listing Office: Coldwell Banker Realty
$6,531
closing credit¹
4624 Larchwood Ave Philadelphia, PA 19143
Property details
About 4624 Larchwood Ave
This multi-family property with three units, ideal for investors or homeowners looking to generate rental income while building equity. The home offers the following features: Property Type: Twin multi-family home with three units. Layout: First-floor unit with an en suite bathroom and direct basement access. Second-floor unit: One-bedroom apartment with forced air heating. Third-floor unit: Two-bedroom apartment with forced air heating. Lot Features: Includes a side yard and backyard, providing outdoor space for tenants or residents. Investment Opportunity: The property presents an excellent opportunity for both rental income and long-term equity growth. Potential for Modernization: All three units would benefit from some updates to maximize rental returns and appeal. This property, given its size (2,718 sq. ft.), multi-unit setup, and outdoor spaces, is well-suited for buyers looking to live in one unit while renting the others, or for investors seeking passive income. AI Written
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2431814
- MLS Name: BRIGHT
- Office Name: BHHS Fox&Roach-Newtown Square
- Office Phone: (610) 353-6200
- Listing Agent: Stacey Duke-Middleton
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Last updated on: 2/1/2025, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$550,000
4624 Larchwood Ave
$6,531
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 24, 2017 | Home Sold | $355,100 |
Dec 31, 2013 | Home Sold | $75,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $379,700 | $5,315 |
2022 | $379,700 | $6,244 |
2021 | $- | $6,244 |
2020 | $446,100 | $6,244 |
2019 | $429,400 | $6,010 |
2018 | $401,400 | $5,618 |
2017 | $401,400 | $5,618 |
History based on county public records data.
Nearby schools
5
Samuel Powel Elementary School
Public District KG-4
1.3 mi
•301 N 36th St
3
Inquiry Charter School
Public Charter PK-5
1.7 mi
•1301 Belmont Ave
5
Thomas G. Morton School
Public District KG-5
1.9 mi
•2501 S 63rd 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 $57,966. Residents of Philadelphia, PA typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
Similar homes for sale
This home is located at 4624 Larchwood Ave in Philadelphia, PA and zip code 19143 in the Cedar Park neighborhood. This 2,718 square foot home, which was built in 1925, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 2, 2025 and is currently priced at $550,000.
In January 2025 more than 152 listings in Philadelphia, PA were sold above the asking price. During the same period more than 186 listings were sold at asking price, while more than 457 were sold below. The number of listings 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.