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Street View
$450,000
Monthly Est:$2,240
-- Bed
-- Bath
1,116sqft
3281 Red Lion Rd, Philadelphia, PA 19114
$450,000
$2,240/moEst:
Get Pre-Approved
Townhouse
Built in 1974
$-- HOA
2,613.6 sqft lot
$403/sq.ft
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 Unit 1 is cosmetically outdated, relative to Unit 2, but is in great shape, has private backyard access.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!
- Houzeo last checked: 4 minutes ago
- Listing updated: October 13, 2026 at 3:15 am
- Listing Provided by: Daniel Tae Kim (267) 231-0061 | Keller Williams Main Line (610) 520-0100
- Source: Bright MLS-NJ | MLS#: PAPH2665064
Property Details
Status
Active
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
1974
HOA Fees
-
Finished Area
1,116 sqft
Lot Size
2,613.6 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PAPH2665064
MLS Status
ACTIVE-BRIGHT
Days on Market
42
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Heating
Central
Cooling
Central A/c
Construction
Year Built
Year Built: 1974
Home type
Townhouse
Foundation Details
Brick/mortar
Construction Materials
Masonry
Architectural Style
Unit/flat
Utilities & Energy
Water Source
Public
Parking Features
Paved Parking
Other Features
Subdivision Name
Morrell Park
Price History
| Date | Event | Price |
|---|---|---|
09/05/2026 Source: | Price Increased | $450,000 +5.88% $403/sqft |
08/29/2026 Source: | Off Market | $425,000 $381/sqft |
08/29/2026 Source: | Listed for Sale | $425,000 +47652.81% $381/sqft |
09/01/2017 Source: | Sold | $890 $1/sqft |
Morrell Park Ranks #63 in Philadelphia, PA
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