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2349 N Park Ave, Philadelphia, PA, 19132

9beds
3baths
2,830sqft
$495,000
$175price/sqft
$4,279/moest. monthly cost
$171,160/yrincome needed

About This Home

A turnkey income-producing triplex in one of Philadelphia's most reliably active rental corridors. 2349 Park Avenue offers investors a well-maintained three-unit building steps from Temple University's main campus, delivering a strong 7.5% cap rate and a unit mix designed to maximize occupancy and cash flow year-round. The building comprises two two-bedroom units and one three-bedroom unit — a configuration that appeals to both the student rental market and long-term tenants looking for affordable, accessible North Philadelphia housing. With Temple University just down the street, demand for well-kept rental units in this immediate area has remained consistent regardless of broader market conditions, providing the kind of stable, recession-resistant income that anchors a strong portfolio. Beyond the current returns, the upside story here is compelling. The surrounding neighborhood continues to attract investment and development activity, with rising rents and improving fundamentals putting future appreciation firmly in play. Whether you're an experienced investor looking to add a cash-flowing asset or a first-time buyer interested in a live-in opportunity with built-in rental income, 2349 Park Avenue delivers immediate returns today with real room to grow tomorrow

Getting Around

84
WalkingVery Walkable
83
TransitExcellent Transit
55
BikeBikeable

Schools

Construction

Condition

  • Year built: 1915

Materials

  • Foundation: Slab
  • Construction materials: Masonry

Type & Style

  • Home type: Townhouse
  • Architectural style: Trinity
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,830

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Natural Gas

Interior Area

  • Total structure area: 2,830
  • Total interior livable area: 2,830 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 371285800
  • Zoning: RM1
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None

Lot

  • Lot size: 1,712 sqft
  • Lot size dimensions: 16.00 x 107.00

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Tsunami

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,502$30,024
Home Insurance *$987$11,844
Property Taxes $480$5,760
Electricity $310$3,726
Total$4,279$51,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,708/yr
40% on housing$128,370/yr
45% on housing$114,106/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.5%
5.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$175This listing

vs Other Active Listings

Avg $/sqft

ZIP 19132$77
Philadelphia County$162

vs Homes Sold Last Month

Median $/sqft

ZIP 19132$123
Philadelphia County$236

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-24Listed for sale$495,000
2026-06-24Listing removed$535,000
2026-05-15Listed for sale$535,000
2022-02-17Sold$485,000
2021-10-19Listing removed--
2021-10-07Price change$499,000
2021-09-27Price change$509,900
2021-07-05Listed for sale$519,900
2021-01-19Sold$220,000
2020-11-19Pending sale$239,900
2020-10-15Price change$239,900
2020-09-19Price change$244,900
2020-09-15Price change$249,900
2020-09-12Price change$254,900
2020-08-31Price change$259,900
2020-08-17Price change$269,900
2020-07-29Listed for sale$279,900
2012-03-03Listing removed$200,000
2012-02-16Price change$200,000
2011-11-29Price change$239,900
2011-10-10Price change$259,900
2011-07-10Price change$269,900
2011-05-29Price change$275,000
2011-05-14Listed for sale$279,900
2008-10-16Sold$130,000
1994-10-28Sold$1,000

For Sale by Agent

AgentRobin Gordon
BrokerageBHHS Fox & Roach-Haverford

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