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For sale
    • $349,900

    4628 Penn St, Philadelphia, PA 19124

    6beds
    3baths
    2,910sqft
    : 
    $2,251/mo
    Get pre-qualified
    Triplex
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $120/sqft
    $-- HOA

    What's special

    Private backyard access
    Attention Investors: Turnkey, Fully Occupied Triplex! 4628 Penn Street is a fully renovated, 100% occupied triplex generating $3,225/month ($38,700/year) in gross rental income. All units have separate gas and electric utilities paid directly by the tenants, reducing owner-paid expenses. The property generated 2025 NOI of $21,208.41, representing approximately a 6.1% cap rate at the $349,900 asking price. The property also features a coin-operated washer and dryer in the basement, providing an additional income stream. Unit Breakdown: Unit 1: 2 beds, 1 bath — $1,250/month with private backyard access Unit 2: 2 beds, 1 bath — $1,150/month Unit 3: 1 bed, 1 bath — $825/month All three units are occupied under fixed-term leases. With renovations complete and tenants already in place, the next owner can acquire a stabilized, income-producing multifamily property without a major upfront renovation or initial lease-up. Offered at $349,900. Schedule your private tour today
    6 days
    79
    6

    Zillow last checked:

    Listing updated:

    Listed by:

    champ washington 267-981-5392,

    BHHS Fox & Roach-Jenkintown (215) 887-0400

    Source: Bright MLS,MLS#: PAPH2665396MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Carpet
      • Basement: Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,910
      • Total interior livable area: 2,910 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 2,636 Square Feet
      • Dimensions: 22 x 120
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 234286900
      • Zoning: RM1
      • Zoning description: Triplex
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Triplex
      Materials
      • Brick Front, Brick
      • Foundation: Concrete Perimeter
      • Roof: Flat
      Condition
      • Good
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Frankford
      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $120/sqft
      • Tax assessed value: $221,200
      • Annual tax amount: $3,096
      • Date on market: 8/31/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Conventional
      • Ownership: Fee Simple
      • Total actual rent: 38700
      • Income includes: Apartment Rentals

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/31/2026Listed for sale$349,900$120/sqft
        Source: Bright MLS #PAPH2665396 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
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        Climate risks

        Neighborhood: Frankford

        Getting around

        84 / 100
        Very Walkable
        75 / 100
        Excellent Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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