Listed price in listed location currency (USD).
$189,900

350

MLS® PAPH2673478

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size 2635 sqft
Garage 
Taxes $3,733
Days Active 20
Lot Size 0.06 Acres
Approx. Age 1920
Avg. Price Per Sqft $72
MLS® Number PAPH2673478

Property Address: 6813 Woodland Ave, PHILADELPHIA, PA, 19142-1226

Average square foot calculated using Size range provided by listing agent.

Description

Investor Opportunity with Significant Value-Add Potential! This property presents a unique opportunity for an experienced investor looking to reposition and maximize a multi-family asset. Currently configured as 5 units, the property previously generated approximately $3, 600 per month when fully occupied, with potential for increased rental income through improvements and optimization. The property was previously a legal triplex and formerly carried RM-1 zoning; however, it is currently zoned RSA-3 (single-family). The seller has already initiated the zoning process and was advised that pursuing approval for 4 units may be the most straightforward path. Buyer will be responsible for completing the zoning process and independently verifying permitted use. The surrounding block includes numerous multifamily properties, providing additional context for the property's potential. For investors considering the upside, legal triplex properties have sold in the area for approximately $270, 000, offering a useful reference point when evaluating the potential value and equity opportunity associated with successfully restoring a legal multifamily use. The property currently has one paying tenant at $800/month. Each unit has a separate water heater, while the building currently operates from one shared house heating system. An investor may consider converting to individual mini-split systems, electric baseboard heat, or another separately controlled system as part of the property's renovation and repositioning. This is an opportunity for an investor who understands the zoning and value-add process to acquire a property with an existing five-unit configuration, prior legal multi-family history, established rental-income potential, and multiple avenues for repositioning. Property is being sold in its current condition. Buyer is responsible for all zoning, use, licensing, and due-diligence verification.
MLS® NumberPAPH2673478
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
BasementFull, Unfinished
DrivewayOn Street
Garage Spaces
HeatRadiator, Natural Gas
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 23, 2026List Date
$189,900List Price
  • Commute

Commute

Starting Address
Destination Address
6813 Woodland Ave, Philadelphia, PA

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