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    Turnkey Triplex Investment Opportunity

    422 E ALLEGHENY Avenue Philadelphia, PA 19134

    422 E ALLEGHENY Avenue, Philadelphia, PA, 19134
    $224,999
    For Sale
    Claim this Listing
    $224,999

    MULTI_FAMILY - PHILADELPHIA, PA

    Property Size1,980 SF
    Lot Size0.02 Acres
    Price / SF$113.64
    AddedApr 8
    Days on Market99
    Last RefreshJul 15 at 12:06 pm

    Property Features for 422 E ALLEGHENY Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    On Street
    Standard status
    Active
    Size
    1,980 SF
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2642

    Utilities

    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1930
    Number of units
    3
    Building materials
    Block

    Listing agent Aldo Torres

    Listing office Homestarr Realty 850 Easton Road, Warminster, PA

    Listing date Apr 8, 2026

    MLS# PAPH2605496 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This RM1-zoned triplex presents a turnkey investment opportunity. The property features three separately metered units. The first-floor apartment includes 2-bedrooms and 1-bath, and is currently rented month-to-month. The second-floor apartment includes 2-bedrooms and 1-bath, and is currently vacant. The third-floor apartment includes 1-bedroom and 1-bath, and is currently rented month-to-month. The property is located in an easy-commute area with a bus stop nearby. The property offers immediate cash flow with additional upside, including potential space for a 4th unit. Separate utilities help keep expenses down, and the possibility to add another unit makes this a prime value-add opportunity. The property is suitable for both seasoned investors and those just getting started.

    Key Highlights

    • Turnkey triplex investment property with immediate cash flow.
    • Potential to add a 4th unit for increased income.
    • Three separately metered units, reducing landlord expenses.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Travel Agency (Bike/Boat/Book/etc) Store Veterinary Clinic Skin Care Clinic Computer & Electronic Repair Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Triplex - RM1-zoned triplex with immediate cash flow and upside potential.
    Where is this triplex located?
    The property is located at 422 E ALLEGHENY Avenue Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $224,999.
    What are key features of this property?
    This property features: Turnkey triplex investment property with immediate cash flow.; Potential to add a 4th unit for increased income.; Three separately metered units, reducing landlord expenses.
    Contact an agent
    (267) 575-1325
    We can help!
    Contact an agent
    Aldo Torres
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