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For sale
  • $499,999

    2617 E Allegheny Ave, Philadelphia, PA 19134

    7beds
    2,189sqft
    : 
    $3,087/mo
    Get pre-qualified
    Townhouse
    Built in 1920
    1,008 Square Feet Lot
    $488,000 Zestimate®
    $228/sqft
    $-- HOA

    What's special

    High-Yield Turnkey Investment: 8-Unit Boarding House in Prime Port Richmond Excellent income-producing investment property featuring 7 rentable boarding units and one commercial unit in a convenient location with strong rental demand. The property offers individual furnished or unfurnished rooms, shared common areas, and a functional layout designed for efficient management and tenant comfort. This well-maintained building provides investors with multiple income streams and the potential for stable cash flow. Features include common areas, multiple bathrooms, on-site laundry access, and ample storage. Conveniently located near public transportation, shopping, employment centers, and major roadways, making it attractive to long-term tenants. Whether you're expanding your investment portfolio or seeking a turnkey income property, this 8-unit boarding house presents a unique opportunity with strong occupancy potential and upside for future growth. Buyer to conduct their own due diligence regarding zoning, licensing, and intended use.
    32 days
    |
    214
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bonnie Jochim-Zajac 267-257-2112,

    KW Empower 215-627-3500

    Source: Bright MLS,MLS#: PAPH2640060MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Basement
      • Area: 0
      Heating
      • Radiant, Natural Gas
      Cooling
      • Window Unit(s), Electric
      Appliances
      • Included: Electric Water Heater
      • Laundry: Common Area, Main Level
      Features
      • Basement: Full,Improved,Concrete
      • Has fireplace: No
      Interior area
      • Total structure area: 2,189
      • Total interior livable area: 2,189 sqft
      • Finished area above ground: 2,189
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Pool features: None
      Lot
      • Size: 1,008 Square Feet
      • Dimensions: 16.00 x 64.00
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 871569920
      • Zoning: CMX1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Straight Thru,Other
      • Property subtype: Townhouse
      Materials
      • Masonry
      • Foundation: Brick/Mortar
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Port Richmond
      HOA
      • Has HOA: No
      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $228/sqft
      • Tax assessed value: $283,700
      • Annual tax amount: $3,971
      • Date on market: 6/22/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Bank Portfolio,Cash,Conventional,Private Financing Available
      • Ownership: Fee Simple

        Estimated market value

        $488,000

        $464,000 - $512,000

        $2,988/mo

        Price history

        DateEventPrice
        6/23/2026Listed for sale$499,999+233.3%$228/sqft
        Source: Bright MLS #PAPH2640060 Report a problem
        6/25/2004Sold$150,000$69/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,971 +14.3%$283,700 +14.3%
        2024$3,476 $248,300
        2023$3,476 +68.2%$248,300
        2022$2,066 --
        2021$2,066 +1%--
        2018$2,047 --
        2017$2,047 -1.9%--
        2016$2,087 -14.8%--
        2015$2,451 --
        2014$2,451 $175,100 +1386.9%
        1999-- $11,776
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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: Richmond

        Getting around

        91 / 100
        Walker's Paradise
        59 / 100
        Good Transit
        81 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Philadelphia City

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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