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1,840 sqft

$224,999

1016 W DUNCANNON AVENUE, PHILADELPHIA PA, 19141

Price per sqft$122.28
Built in1940
Property size1,840 sqft
Property typeMulti-family

Overview

Active

Active-bright

Listed Oct 5, 2026

Updated 40h ago

Immediate Cash Flow Potential! Investment Opportunity: Multifamily Tri-Plex! All units are vacant. This property offers a compelling opportunity for rental income, with projections exceeding $3,000 per month and an estimated cap rate of over 10%. The property is being sold as-is at a competitive price. You can choose to live in one unit while renting out the others, or enhance your portfolio by renting all three! This property is priced to sell quickly. Property Details: The tri-plex comprises three distinct units: First Floor Unit: Features spacious living quarters, a full kitchen, two bedrooms, and one bathroom. Second Floor Unit: Boasts updated flooring and bathroom, along with a generous floor plan including a full kitchen, two bedrooms, and a complete bathroom. Third Floor Unit: Offers one bedroom, one full bathroom, and an eat-in kitchen. Key Features: Located in a highly desirable neighborhood, this property presents perfect affordability. The property includes a large front patio and a basement with convenient access doors for easy maintenance of the heating, electrical, fire alarm controls and plumbing systems. Equipped with a comprehensive fire alarm system, the building also comes with a “lead safe” approved and passed certificate. Some photos have been virtually staged.

$1,497/mo

Est. mortgage payment based on a $224,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PAPH2568438

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.05 Acres

Other Property Details

Taxes
$3,017
Tax Frequency
Annually
MLS provider logo

Listed by Real of Pennsylvania
Listing Contact: 4044465648 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/6/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/6/2026 at 4:33 AM UTC

 

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