Welcome to 816 W Erie Ave, a value-add triplex opportunity located in the Hunting Park section of Philadelphia. This property offers immediate income with two occupied 2-bedroom units and a partially completed basement space that has the potential to be finished into a 1-bedroom unit, allowing the cap rate to increase from approximately 6.3% to 8.1%. Zoned RM-1, the building allows a triplex by right and comes with plans for continued use as a three-unit property. Additional features include separate utilities and a semi-finished lower-level unit ready for final completion. This property presents a strong investment option or owner-occupant opportunity with value-added upside. Conveniently located near public transit and local amenities, this triplex is offered as-is and provides an excellent chance to expand or begin your rental portfolio.
Sold for $225,000
$225,000
816 W Erie Ave, Philadelphia, PA 19140
4beds
--baths
1,408sqft
Townhouse
Built in 1935
-- sqft lot
$223,600 Zestimate®
$160/sqft
$1,555 Estimated rent
Home value
$223,600
$212,000 - $235,000
$1,555/mo
Zestimate® history
Owner options
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$1,555/mo
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$1,555/mo
Rent Zestimate®
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$1,489/mo
Est. payment
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$1,489/mo
Est. payment
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List your homeWhat's special
Semi-finished lower-level unit
Zillow last checked:
Listing updated:
Listed by:
Zach Matz 215-908-0944,
Keller Williams Main Line
Bought with:
Claudia Lopez Martell, RS378308
Giraldo Real Estate Group
Source: Bright MLS,MLS#: PAPH2613072
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 1,408
- Total interior livable area: 1,408 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,163 Square Feet
- Dimensions: 16.00 x 75.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 432052100
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Other
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Hunting Park
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $208,000
- Annual tax amount: $2,911
- Date on market: 4/27/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Sold | $225,000$160/sqft |
Source:  Bright MLS #PAPH2613072 Report a problem | ||
| 5/16/2026 | Pending sale | $225,000$160/sqft |
Source: Bright MLS #PAPH2613072 Report a problem | ||
| 5/3/2026 | Contingent | $225,000$160/sqft |
Source: Bright MLS #PAPH2613072 Report a problem | ||
| 4/27/2026 | Listed for sale | $225,000-10%$160/sqft |
Source: Bright MLS #PAPH2613072 Report a problem | ||
| 1/19/2026 | Listing removed | $249,900$177/sqft |
Source: Bright MLS #PAPH2472004 Report a problem | ||
| 9/3/2025 | Price change | $249,900-16.7%$177/sqft |
Source: Bright MLS #PAPH2472004 Report a problem | ||
| 6/13/2025 | Price change | $299,900-4.8%$213/sqft |
Source: Bright MLS #PAPH2472004 Report a problem | ||
| 4/23/2025 | Listed for sale | $315,000+5.4%$224/sqft |
Source: Bright MLS #PAPH2472004 Report a problem | ||
| 6/5/2024 | Listing removed | -- |
Source: Bright MLS #PAPH2326048 Report a problem | ||
| 2/28/2024 | Listed for sale | $299,000+337.8%$212/sqft |
Source: Bright MLS #PAPH2326048 Report a problem | ||
| 7/5/2019 | Sold | $68,295-31%$49/sqft |
Source: Public Record Report a problem | ||
| 1/7/2017 | Listing removed | $99,000$70/sqft |
Source: Better Homes of American Heritage Federal Realty #6825674 Report a problem | ||
| 7/11/2016 | Listed for sale | $99,000+4.2%$70/sqft |
Source: Better Homes of American Heritage Federal Realty #6825674 Report a problem | ||
| 8/8/2009 | Listing removed | $95,000$67/sqft |
Source: exit realty waterfrontgroup #5522581 Report a problem | ||
| 6/12/2009 | Listed for sale | $95,000+630.8%$67/sqft |
Source: exit realty waterfrontgroup #5522581 Report a problem | ||
| 9/10/2003 | Sold | $13,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,912 +112.9% | $208,000 +112.9% |
| 2024 | $1,368 | $97,700 |
| 2023 | $1,368 +139.5% | $97,700 |
| 2022 | $571 | -- |
| 2021 | $571 -23.6% | -- |
| 2018 | $747 +298.5% | -- |
| 2017 | $188 -43.7% | -- |
| 2016 | $333 -55.8% | -- |
| 2015 | $753 | -- |
| 2014 | $753 +136.1% | $53,800 +925.2% |
| 2012 | $319 | $5,248 |
| 2011 | -- | $5,248 |
| 2010 | -- | $5,248 |
| 2009 | -- | $5,248 |
| 2008 | -- | $5,248 |
| 2007 | -- | $5,248 |
| 2006 | -- | $5,248 |
| 2005 | -- | $5,248 |
| 2004 | -- | $5,248 +10.1% |
| 2003 | -- | $4,768 -2.6% |
| 2002 | -- | $4,896 |
| 2000 | -- | $4,896 +10.1% |
| 1999 | -- | $4,448 |
Find assessor info on the county website
Neighborhood: Franklinville
Nearby homes
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Nearby schools
GreatSchools rating
- 3/10Taylor Bayard SchoolGrades: K-5Distance: 0.2 mi
- 4/10Clemente Roberto Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Edison Hs/Fareira SkillsGrades: 9-12Distance: 0.8 mi
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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Estimated market value
$223,600
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
$223,600
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