1
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 784
  • Area Size
  • 612
  • Land size
  • 1915
  • Year Built
  • RSA5
  • Zoning
2523 W Dauphin St.
  • Buy $48,000
  • $140,000/ARV

Description

Located in the rapidly developing Strawberry Mansion neighborhood, this 2-bedroom, 1-bath rowhome offers both stability and future upside. The home spans 784 sq ft on a 612 sq ft lot and sits on RSA-5 zoning, making it a straightforward single-family investment.

Currently, the property is tenant-occupied, generating $850/month under a lease in place since 2019, providing reliable cash flow from day one. The roof was replaced four years ago, reducing near-term maintenance risk and ensuring structural durability.

With nearby comps supporting after-repair values (ARVs) of $70K–$85K, this property presents multiple exit strategies. Investors can continue as a buy-and-hold rental for stable income, particularly attractive for Section 8 repositioning (with market rents around $1,200–$1,400/month), or pursue a value-add renovation to capture resale upside.

This property is well-suited for investors seeking an affordable entry point into one of Philadelphia’s most actively redeveloping areas, balancing both immediate income and long-term appreciation potential.

 

🏆 High-End Comp

2137 N Dover St — 2 Bed / 1 Bath • 0.3 mi • Detached • $140,000
Strongest resale within .5 mi, solid condition and detached layout brings a slight premium

⚖️ Mid-Tier Comps

2904-06 W Fletcher St — Twin/Semi-Detached • 0.3 mi • $105,000
Average layout and condition, supports mid-range ARV for refinance

2531 W Dakota St — Interior Row/Townhouse • 0.0 mi • $85,000
Same block as subject, excellent supporting comp for stable resale/appraisal

Read More

  • Address: 2523 W Dauphin St, Philadelphia, PA 19132, USA
  • City: Philadelphia
  • State/county: Pennsylvania
  • Zip/Postal Code: 19132

Similar Listings

Compare listings

Compare