316 N Redfield St – Philadelphia, PA

Turn-key tenant-occupied 3BR/1BA rental in West Philadelphia producing $1,325/month in rental income. The current lease ends March 2026, giving an investor immediate cash flow with the option to renew or reposition at market rent afterward.

The property features a new heating system, updated plumbing, and a roof that was replaced approximately 4 years ago, significantly reducing upcoming capital expenditures. The layout includes a traditional living/dining room setup, full basement for storage, and a fenced rear yard. Located on a quiet block with strong rental demand and easy access to public transportation, shopping, and local amenities.

This is a low-maintenance, cash-flowing rental ideal for a buy-and-hold investor seeking predictable returns in a rapidly improving submarket.

Comps:

🏆 High-End / Fully Renovated Sales

132 N Redfield St (0.2 mi) – Sold $225,000 | 3 Bed / 1.5 Bath | Townhouse | 06/10/25

5932 Vine St (0.0 mi) – Sold $222,340 | 3 Bed / 2 Bath | Townhouse | 09/17/25

149 N 58th St (0.2 mi) – Sold $222,000 | 3 Bed / 1.5 Bath | Townhouse | 07/18/25

161 N Dewey St (0.2 mi) – Sold $209,999 | 3 Bed / 2.5 Bath | Townhouse | 06/10/25

5903 Race St (0.1 mi) – Sold $190,000 | 3 Bed / 1 Bath | Townhouse | 06/03/25

157 N Edgewood St (0.2 mi) – Sold $189,900 | 3 Bed / 2 Bath | Townhouse | 06/18/25

⚖️ Mid-Tier / Dated – Rent Ready or Light Reno

6056 Callowhill St (0.2 mi) – Sold $183,000 | 3 Bed / 1 Bath | 08/25/25

218 N Wanamaker St (0.1 mi) – Sold $175,000 | 3 Bed / 1.5 Bath | 06/16/25

158 N Millick St (0.2 mi) – Sold $140,000 | 3 Bed / 2.5 Bath | 07/09/25

229 N Wanamaker St (0.1 mi) – Sold $120,000 | 3 Bed / 1.5 Bath | Twin | 07/09/25

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