$250,000

1621 E GOWEN AVE, Philadelphia, PA 19150

  • 1,320 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $189/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Great opportunity to own a duplex in the desirable 19150 area of Philadelphia. This two-unit property offers immediate rental income with additional upside potential. The first-floor unit is a one-bedroom apartment currently occupied by a paying tenant on a month-to-month lease at $850 per month. The unit is in livable condition and provides steady income from day one. The second-floor unit is a two-bedroom, one-bath apartment that is vacant, cleaned out, and ready for renovation or a new tenant. This unit presents a strong value-add opportunity for investors looking to increase rental income through updates and improvements. The property features separate utilities, including two gas heaters (one for each unit) and two hot water heaters, offering efficiency and convenience for both landlord and tenants. The basement is partially finished and currently used as storage by the first-floor tenant but offers flexible potential for additional storage, workspace, or other uses depending on your vision. The building is in overall livable condition but would benefit from cosmetic updating, making this an ideal opportunity for investors seeking a solid rental with upside potential. Whether you’re looking to expand your portfolio or house-hack with one unit while collecting income from the other, this duplex delivers strong fundamentals and future potential.

Listing Status:
Active
Data Last Updated:
March 8, 2026 at 2:18AM
Listing Office:
Rosedale Real Estate LLC : 2156003585
Listing Agent:
Ryan A Lockstein : 2678795524
MLS ID:
PAPH2589162
  • Basement: Full
  • A/C: None
  • Heating: RadiatorNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Contemporary
  • General: MasonryConcrete Perimeter
  • Originating MLS: BRIGHT_MAIN
  • School District: PHILADELPHIA CITY
  • County: PHILADELPHIA-PA
  • Zoning: RSA3501492400
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Ryan A Lockstein , Rosedale Real Estate LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

J

John F. McCloskey School

8500 Pickering Ave, Philadelphia, PA, 19150

Grades KG-8

0.11 miles away

J

John F. McCloskey School

8500 Pickering Ave, Philadelphia, PA, 19150

Grades KG-8

0.11 miles away

H

Hill Freedman World Academy

1100 E Mount Pleasant Ave, Philadelphia, PA, 19150

Grades 6-12

0.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby