240-42 W GLENWOOD AVENUEPHILADELPHIA, PA 19140

Multi-Family · 2,467 Sq. ft. | 0.03 Acres
$425,000 ACTIVE

240-42 W GLENWOOD AVENUE Overview

Time on Site:
20 days
Visits:
0

Excellent investment opportunity! Well-maintained and upgraded triplex offering strong rental income potential. Each apartment features modern cabinetry, detailed trim, and ceramic tile flooring. Property includes a detached two-car garage providing off-street parking and additional rental income. Finished basement with full bath and separate entrance offers flexibility for a fourth rental unit, in-law suite, or shared tenant space—a rare feature for this type of property. First-floor and third-floor units are currently vacant. The second-floor unit is tenant-occupied on a month-to-month lease at $1,100/month. Previous rents were $1,300/month for the 1st floor and $1,000/month for the 3rd floor. The garage is currently rented for $400/month. With the newly renovated basement, rental income potential increases even further. Ideal for investors or owner-occupants seeking a strong cash-flow opportunity.

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240-42 W GLENWOOD AVENUE Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,467
  • Price/Sq.ft. $172
  • Lot 0.03 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 2467
  • Year Built: 1915

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19140 (19140)

Parking Information

  • Total Parking Spaces: 2
  • Type of Parking: Detached Garage,Off Street,On Street

Tax Information

  • Tax Annual Amount: $5,836.00
  • Tax Assessed Value: 416900.00
  • Tax Year: 2026

General Information

  • Property Sub Type: Triplex
  • Property Type: Multi-Family
  • Rent Control: No
  • School District Name: PHILADELPHIA CITY
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Zoning: RM1

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Electric

Parking Information

  • Garage Features: Covered Parking
  • Garage Spaces: 2.00
  • Garage: Yes

Building Exterior/Construction

  • Structure Type: End of Row/Townhouse

Building Interior

  • Above Grade Finished Area: 2467
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Electric

General Information

  • Accessibility Features: 2+ Access Exits
  • Cooling: Window Unit(s)
  • Fireplace: No
  • Foundation Details: Slab
  • Living Area: 2467
  • Living Area Source: Assessor
  • Spa: No

Unit Information

  • One Bedroom Units Count: 0
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 0
  • Two Bedroom Units Count: 3

Exterior

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 65.00 x 66.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1302.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional
  • Construction Materials: Masonry

General Information

  • Number Of Units Leased: 1
  • Number Of Units Total: 4
  • Number Of Units Vacant: 2
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

240-42 W GLENWOOD AVENUE Neighborhood

Community

19140 (PHILADELPHIA) Demographics

36
Median Age
17,201
Population Density (per sq. mile)
13%
College Educated
$23,138
Estimated Median Income
9,689
Estimated Total Home Owners
10,004
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

240-42 W GLENWOOD AVENUE Market Data

Based on the last 30 days in this zip code

$155,013
Average List Price
$116
Average Price per Square Foot
30
Properties Sold
110
Average Days on Market
176
Properties for Sale
Calculations provided by Reliance Network

240-42 W GLENWOOD AVENUE History

Date Event Value Agent
6/10/2026Source: BRIGHT MLS Added to Database
June 10, 2026
Listing provided courtesy of Genesis Real Estate Services- MLS# PAPH2632556MLS ProviderContact Information: [email protected] - 2152266200