About This Home

This 0-bedroom, 0-bathroom residential multi family at 7979 ALGON Avenue in Philadelphia, PA is listed for $450,000 ($229 per sqft). Built in 1960, the home offers 1,964 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 1960
  • 0.07 acre lot
  • 1 parking spaces

Property Details

1 space
1960
Listing Description

Great opportunity!!! Income-Generating Brick Duplex in Bustling Rhawnhurst Imagine living in a classic all-brick twin duplex while the second unit pays your mortgage. Located in the heart of Rhawnhurst, Northeast Philadelphia, this well-maintained duplex offers two 2-bedroom, 1-bath units, each with separate utilities for ultimate convenience.

Whether you're an investor or an owner-occupant, you'll appreciate the added value of a two-car garage, shared basement storage, and in-building washer/dryer units for both occupants. Step inside to find gleaming hardwood floors and bright, airy layouts that tenants will love.

Outside, a serene rear yard invites relaxation and weekend gatherings. Commuters will delight in the proximity to Roosevelt Boulevard, I-95, Woodhaven Road, and Center City-making this an ideal location for renters who value accessibility. Public transportation is just steps away, with easy SEPTA bus connections to the Market-Frankford Line elevated train, the Broad Street Line, and regional rail.

The neighborhood itself is predominantly residential, family-friendly, quiet, and well-maintained, with a walkable score of 78 that makes daily errands simple. With both units are occupied (Leases in Document area), this duplex is a rare opportunity to build wealth while owning a place to call home.

Move into one unit, collect rent from the other, and watch equity grow with minimal vacancy risk in a neighborhood known for stable, long-term residency. The separate utility setup means zero landlord overhead per tenant, maximizing your cash flow from day one.

Ideal for owner-investors seeking cash flow and appreciation, or for owner-occupants building equity while reducing housing costs. The all-brick construction ensures durability and low maintenance, while the established Rhawnhurst community offers the stability and walkability that tenants seek. Schedule your showing today and explore the possibilities of living and investing in one of Northeast Philadelphia's most desirable neighborhoods.

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

7979 ALGON Avenue

Philadelphia, PA 19111

RHAWNHURST

Property Details

Construction

Masonry

Parking

DrivewayGarage - Attached

Heating

Other (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 7979 ALGON Avenue is listed at $450,000 ($229/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1960, 0.07 acre lot, 1 parking spaces.

This property is listed by Craig A. Lerch Jr. and can be reached at 2157786805.

CJ

Craig A. Lerch Jr.

Agent at EXP Realty, LLC

(215) 778-6805

Listed by EXP Realty, LLC · View on Broker Site

MLS# PAPH2619970· Source: listhub· 11 days on market

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7979 ALGON Avenue, Philadelphia, PA 19111

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