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Image 1 - 614 East Indiana Avenue, Philadelphia, PA 19134, USA - House for sale

Image 2 - 614 East Indiana Avenue, Philadelphia, PA 19134, USA - House for sale

Image 3 - 614 East Indiana Avenue, Philadelphia, PA 19134, USA - House for sale

Image 4 - 614 East Indiana Avenue, Philadelphia, PA 19134, USA - House for sale

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Home For Sale In Philadelphia, Pennsylvania

614 East Indiana Avenue, Philadelphia, PA 19134, USA

Home For Sale In Philadelphia, Pennsylvania

house for sale

3 views

Listed: 05/09/24

614 East Indiana Avenue, Philadelphia, PA 19134, USA

Studio Bed:

1,110 Sq Ft Living Area:

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Price

$ 75,000

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About This House

An exceptional opportunity awaits at 614 E Indiana Ave in Upper Kensington, ideal for investors and developers alike. This property is a teardown, offering the potential to develop up to 4 units by right per seller, under the current RM1 zoning. The existing structure is a testament to the potential of the site, featuring a spacious layout that hints at the grandeur it once held. The building is an ideal candidate for a complete rebuild. Investors will find this property to be a golden opportunity for a fix-and-flip project or a long-term investment with potential high returns. It stands as a rare chance to craft something new in a sought-after area of the city, where demand for housing continues to grow. This property is not just a building; it's a project brimming with potential, ready for the right visionary to transform it into a profitable and impactful development.

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Philadelphia Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$272,196 (+0.5%)
Apr 2024	$270,889 (+9.3%)
Mar 2024	$247,815 (0%)
Feb 2024	$247,815 (0%)
Jan 2024	$247,815 (+1.8%)
Dec 2023	$243,503 (-4%)

In May 2024, the asking price for 2 bed houses for sale in/near Philadelphia, United States averaged $272,196, an increase of 0.5% from the previous month.

Median price trends for properties for sale in Philadelphia, United States as of May 2024.

Household Income

Median household income: $46,116

Number of households: 608,233

The average household income in Philadelphia, PA grew from $39,759 to $46,116 in the past year. This data is an estimate based upon 608,233 households in Philadelphia, PA.
The chart below presents how household income is distributed in Philadelphia, PA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Philadelphia, PA compared to median property taxes around the country. The prevalent amount of property taxes in Philadelphia, PA equals $800-$1,500 , which is less than the national average.

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