This fully rented triplex at 417-419 Lincoln Ave in Prospect Park presents a prime value-add opportunity for investors seeking to maximize returns in a highly desirable location. Featuring three rental units—two spacious 2-bedroom, 1-bath apartments and a cozy 1-bedroom, 1-bath basement unit—for a total of $3,395 rental income. This property offers steady rental income potential and convenience with parking, efficient gas heating, and a prime location near schools and public transportation, it’s an ideal choice for tenants and investors alike. Recent upgrades have been made to enhance the property’s value, including a full rehab of the basement unit in October 2024 for $10,000, the replacement of three water heaters in 2023 for $6,500, and a fresh coat of paint in Unit 2 in July 2024 for $3,000. Additionally, the building is situated in a highly accessible neighborhood, with Park Square just a short distance away. Whether you’re looking to expand your real estate portfolio or generate reliable passive income, this triplex is an excellent investment opportunity.
Sold for $405,000
$405,000
417 Lincoln Ave #419, Prospect Park, PA 19076
5beds
3baths
2,715sqft
Triplex
Built in 1950
-- sqft lot
$412,200 Zestimate®
$149/sqft
$1,843 Estimated rent
Home value
$412,200
$371,000 - $458,000
$1,843/mo
Zestimate® history
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$1,843/mo
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$2,795/mo
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Zillow last checked:
Listing updated:
Listed by:
Andy Black 610-680-6200,
Redfin Corporation
Bought with:
Lauren Quinn, RS355790
Prime Realty Partners
Source: Bright MLS,MLS#: PADE2085724
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Basement
- Area: 943
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Full,Partially Finished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,715
- Total interior livable area: 2,715 sqft
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 4,792 Square Feet
- Dimensions: 50.00 x 100.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 33000098600
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Prospect Park
Location
- Region: Prospect Park
- Municipality: PROSPECT PARK BORO
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $197,280
- Annual tax amount: $6,961
- Date on market: 3/28/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Total actual rent: 2295
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2025 | Sold | $405,000$149/sqft |
Source:  Bright MLS #PADE2085724 Report a problem | ||
| 6/17/2025 | Pending sale | $405,000$149/sqft |
Source: Bright MLS #PADE2085724 Report a problem | ||
| 4/15/2025 | Contingent | $405,000$149/sqft |
Source: Bright MLS #PADE2085724 Report a problem | ||
| 3/28/2025 | Price change | $405,000+19.1%$149/sqft |
Source: Bright MLS #PADE2085724 Report a problem | ||
| 6/23/2021 | Pending sale | $340,000$125/sqft |
Source: Bright MLS #PADE542856 Report a problem | ||
| 6/18/2021 | Price change | $340,000+17.4%$125/sqft |
Source: Bright MLS #PADE542856 Report a problem | ||
| 4/11/2021 | Pending sale | $289,500$107/sqft |
Source: Bright MLS #PADE542856 Report a problem | ||
| 4/6/2021 | Listed for sale | $289,500$107/sqft |
Source: Bright MLS #PADE542856 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 19076
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Nearby schools
GreatSchools rating
- 6/10Prospect Park SchoolGrades: 1-8Distance: 0.4 mi
- 5/10Interboro Senior High SchoolGrades: 9-12Distance: 0.8 mi
- NAKindergarten AcademyGrades: KDistance: 0.4 mi
Schools provided by the listing agent
- Elementary: Prospect Park School
- Middle: Prospect Park School
- High: Interboro Senior
- District: Interboro
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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Estimated market value
$412,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$412,200
- Pennsylvania
- Delaware County
- Prospect Park
- 19076
- 417 Lincoln Ave Unit 419
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