Immediate Cash Flow Potential! Investment Opportunity: Multifamily Tri-Plex! All units are vacant. This property offers a compelling opportunity for rental income, with projections exceeding $3,000 per month and an estimated cap rate of over 10%. The property is being sold as-is at a competitive price. You can choose to live in one unit while renting out the others, or enhance your portfolio by renting all three! This property is priced to sell quickly. Property Details: The tri-plex comprises three distinct units: First Floor Unit: Features spacious living quarters, a full kitchen, two bedrooms, and one bathroom. Second Floor Unit: Boasts updated flooring and bathroom, along with a generous floor plan including a full kitchen, two bedrooms, and a complete bathroom. Third Floor Unit: Offers one bedroom, one full bathroom, and an eat-in kitchen. Key Features: Located in a highly desirable neighborhood, this property presents perfect affordability. The property includes a large front patio and a basement with convenient access doors for easy maintenance of the heating, electrical, fire alarm controls and plumbing systems. Equipped with a comprehensive fire alarm system, the building also comes with a “lead safe” approved and passed certificate. Some photos have been virtually staged.
For sale
Price cut: $5K (5/13)
$245,000
1016 W Duncannon Ave, Philadelphia, PA 19141
5beds
3baths
1,840sqft
Triplex
Built in 1940
-- sqft lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
Spacious living quartersLarge front patioFull kitchenEat-in kitchenGenerous floor planUpdated flooringTwo bedrooms
- 196 days |
- 449 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
Alisha Drozak 404-446-5648,
Real of Pennsylvania 8554500442,
Co-Listing Agent: Solangie Morales Ortiz 267-469-2766,
Real of Pennsylvania
Source: Bright MLS,MLS#: PAPH2568438
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- None, Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Other
- Has fireplace: No
Interior area
- Total structure area: 1,840
- Total interior livable area: 1,840 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,125 Square Feet
- Dimensions: 25.00 x 85.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 492024200
- Zoning: RSA3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Masonry
- Foundation: Stone
- Roof: Flat
Condition
- New construction: No
- Year built: 1940
- Major remodel year: 2020
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Logan
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $215,600
- Annual tax amount: $3,017
- Date on market: 12/19/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Inclusions: 1st Floor Unit: Refrigerator & Stove 2nd Floor Unit: Refrigerator & Stove 3rd Floor Unit: All Furnishing Are Negotiable
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,214/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Price change | $245,000-2%$133/sqft |
Source:  Bright MLS #PAPH2568438 Report a problem | ||
| 4/18/2026 | Listed for sale | $249,999$136/sqft |
Source: Bright MLS #PAPH2568438 Report a problem | ||
| 4/5/2026 | Contingent | $249,999$136/sqft |
Source: Bright MLS #PAPH2568438 Report a problem | ||
| 3/19/2026 | Price change | $249,999-3.8%$136/sqft |
Source: Bright MLS #PAPH2568438 Report a problem | ||
| 12/19/2025 | Listed for sale | $259,999+107.2%$141/sqft |
Source: Bright MLS #PAPH2568438 Report a problem | ||
| 12/22/2005 | Sold | $125,500+65.1%$68/sqft |
Source: Public Record Report a problem | ||
| 9/1/2005 | Sold | $76,000+192.3%$41/sqft |
Source: Public Record Report a problem | ||
| 8/23/2004 | Sold | $26,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,018 +13.5% | $215,600 +13.5% |
| 2024 | $2,660 | $190,000 |
| 2023 | $2,660 +67.4% | $190,000 |
| 2022 | $1,589 | -- |
| 2021 | $1,589 +7.6% | -- |
| 2018 | $1,477 | -- |
| 2017 | $1,477 | -- |
| 2016 | $1,477 | -- |
| 2015 | $1,477 | -- |
| 2014 | $1,477 +4.5% | $105,500 +813.3% |
| 2012 | $1,414 | $11,552 |
| 2011 | -- | $11,552 |
| 2010 | -- | $11,552 |
| 2009 | -- | $11,552 |
| 2008 | -- | $11,552 |
| 2007 | -- | $11,552 +7.4% |
| 2006 | -- | $10,752 |
| 2005 | -- | $10,752 |
| 2004 | -- | $10,752 +3.1% |
| 2003 | -- | $10,432 +16.4% |
| 2002 | -- | $8,960 |
| 2000 | -- | $8,960 |
| 1999 | -- | $8,960 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Logan
Nearby schools
GreatSchools rating
- 4/10Marshall Thurgood SchoolGrades: PK-8Distance: 0.3 mi
- 2/10Olney High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Pennsylvania
- Philadelphia County
- Philadelphia
- 19141
- Logan
- 1016 W Duncannon Ave
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