USAPAPhiladelphiaMorrell Park3281 Red Lion Rd
Listing image | Image 1

3281 Red Lion Rd, Philadelphia, PA

House

For Sale

Listed price in listed location currency (USD).
$450,000

000

MLS® PAPH2665064

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1116 sqft
Garage 
Taxes $5,452
Days Active 35
Lot Size 0.06 Acres
Approx. Age 1974
Avg. Price Per Sqft $403
MLS® Number PAPH2665064

Property Address: 3281 Red Lion Rd, PHILADELPHIA, PA, 19114-1108

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

Description

Now offering 3281 Red Lion Road: a duplex w/ a unit mix of two (2) 2bd/1ba units, w/ Unit 1 currently occupied by a long-term tenant paying $1, 550/month (their lease ends in February) and Unit 2, which has just been leased for $1, 700/month on a 12 month term (started 9/27/26). Unit 2 features in-unit washer and dryer, and a private outdoor balcony. Fully rehabbed just a year ago and move-in ready, the apartment boasts a stylish kitchen with granite countertops, brand-new stainless steel appliances, and white shaker cabinets. Enjoy all-new luxury vinyl plank flooring, recessed LED lighting, and two evenly sized bedrooms. Unit 1 is cosmetically outdated, relative to Unit 2, but is in great shape, has private backyard access. Right out front, there are two (2) dedicated parking spots- one for each unit. Using "back of the napkin" underwriting, if you conservatively set aside 25% of your gross income to cover expenses, this building is operating at a 6.5% cap rate. Schedule your tour today!
MLS® NumberPAPH2665064
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1974
Basement
DrivewayPaved Parking, Driveway
Garage Spaces
HeatCentral, Electric
A/CCentral A/C, Electric

Extras

Appliances in as-is condition.

Price History

Sep 2, 2026End Date
-Sold Price

Withdrawn

Aug 29, 2026List Date
$425,000List Price
-End Date
Not Sold YetSold Price

For Sale

Aug 29, 2026List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
3281 Red Lion Rd, Philadelphia, PA

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