FOR SALE: 427 N Simpson St, Philadelphia, PA 19151
Asking Price: $299,000
Huge Investment Opportunity or Perfect Owner-Occupant Triplex!
Unlock the potential of this massive, legally zoned triplex in the heart of the 19151 zip code. Whether you are looking for a high-yield addition to your portfolio or a way to "house hack" by living in one unit and letting the other two pay your mortgage, this property is a rare find. It is also an ideal setup for generational housing, providing independent living spaces under one roof.
Unit Breakdown:
* 2nd Floor – Modern & Turnkey:
Fully renovated in 2019, this unit features contemporary finishes throughout. Highlights include engineered high-gloss flooring, updated cabinetry, and stylish butcher block countertops. Perfect for a mid moderate rental or owner’s suite.
* 1st Floor – Spacious & Updated:
A large 1-bedroom footprint (approx. 888 sq ft) with a functional layout. Features newer updates including brand-new carpeting and a recently replaced water heater, ensuring lower maintenance costs for the new owner.
* Basement Apartment – Value-Add Potential:
Currently undergoing renovations. This unit is being transformed into a modern 1-bedroom, open-concept living space. All the "heavy lifting" is being done for you:
* updated electric
* New tile shower
* update heating and A/C
* In-unit washer/dryer hookups
Key Features & Highlights:
* Zoning: Legal Triplex.
* Mechanicals: Significant upgrades to the basement unit infrastructure provide long-term peace of mind.
* Flexibility: Deliver vacant or rent out immediately upon completion of renovations.
* Location: Situated on a quiet block with easy access to public transit, local shopping, and the amenities of West Philadelphia and Overbrook.
Note: Renovations on the basement unit are currently in progress. More pictures are forthcoming as work continues.
Don't miss out on this 2,550+ sq ft powerhouse. Schedule your showing today and see the value for yourself!
For sale by owner
Price cut: $30K (6/5)
$299,000
427 N Simpson St, Philadelphia, PA 19151
4beds
2,560sqft
MultiFamily
Built in 1940
-- sqft lot
$-- Zestimate®
$117/sqft
$-- HOA
What's special
Stylish butcher block countertopsEngineered high-gloss flooringRecently replaced water heaterBrand-new carpetingUpdated cabinetry
- 84 days |
- 267 |
- 20 |
Listed by:
Property Owner (215) 878-7653
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Tile
Interior area
- Total interior livable area: 2,560 sqft
Property
Features
- Exterior features: Brick
- Has view: Yes
- View description: Territorial
Lot
- Size: 2,500 Square Feet
Details
- Parcel number: 343097900
Construction
Type & style
- Home type: MultiFamily
Condition
- New construction: No
- Year built: 1940
Community & HOA
Location
- Region: Philadelphia
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $207,500
- Annual tax amount: $2,905
- Date on market: 4/5/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,044/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Price change | $299,000-9.1%$117/sqft |
Source: Owner Report a problem | ||
| 4/5/2026 | Listed for sale | $329,000+155%$129/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/28/2015 | Listing removed | $129,000$50/sqft |
Source: Owner Report a problem | ||
| 10/29/2015 | Listed for sale | $129,000+22.9%$50/sqft |
Source: Owner Report a problem | ||
| 12/1/2014 | Listing removed | $650 |
Source: Djenne Holdings LLC Report a problem | ||
| 9/3/2014 | Listed for rent | $650 |
Source: Postlets Report a problem | ||
| 4/8/2014 | Listing removed | $650 |
Source: Go Section8 Report a problem | ||
| 12/22/2013 | Listed for rent | $650 |
Source: Postlets Report a problem | ||
| 9/4/2007 | Sold | $105,000+72.1%$41/sqft |
Source: Public Record Report a problem | ||
| 8/21/1995 | Sold | $61,000$24/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,905 -17.2% | $207,500 -17.2% |
| 2024 | $3,509 | $250,700 |
| 2023 | $3,509 +80.9% | $250,700 |
| 2022 | $1,940 | -- |
| 2021 | $1,940 +3.9% | -- |
| 2018 | $1,867 | -- |
| 2017 | $1,867 +17% | -- |
| 2016 | $1,596 | -- |
| 2015 | $1,596 | -- |
| 2014 | $1,596 +4.5% | $114,000 +989.4% |
| 2012 | $1,528 | $10,464 |
| 2011 | -- | $10,464 |
| 2010 | -- | $10,464 |
| 2009 | -- | $10,464 |
| 2008 | -- | $10,464 |
| 2007 | -- | $10,464 |
| 2006 | -- | $10,464 |
| 2005 | -- | $10,464 |
| 2004 | -- | $10,464 |
| 2003 | -- | $10,464 +9% |
| 2002 | -- | $9,600 |
| 2000 | -- | $9,600 |
| 1999 | -- | $9,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Overbrook
Nearby schools
GreatSchools rating
- 3/10Lewis C. Cassidy Academics Plus SchoolGrades: K-8Distance: 1.1 mi
- 2/10Overbrook High SchoolGrades: 9-12Distance: 0.9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Pennsylvania
- Philadelphia County
- Philadelphia
- 19151
- Overbrook
- 427 N Simpson St






