Sold940d on market
4506 Merion Ave
Philadelphia, PA, 19131 • Mill Creek • Philadelphia County
$557,500
$186/sqft
6Beds
3,000Sqft
0.02 acLot
2023Built
Property DNA
Special Features
Above Grade · Below Grade
Market activity
Demand and pricing signals for this listing
51 views
People checking out this listing
1 saves
Buyers have saved this home
940 days on market
Established listing
$186/sqft
Price per square foot
About this home
Multi Family · Built 2023
FULLY RENTED !!! Welcome to 4506 Merion Ave, Stunningly Finished, Brand New Duplex located in Belmont, one of the rapidly developing sections of Philadelphia. This Gorgeous Multi-Family New Construction Duplex was built by the meticulous and respected builder, NHA Development who spared no expense in building this property to ensure maximum rental income. As soon as you walk in, you will see how much special attentions have been giving to this exclusive high-quality finished duplex. This beautiful Brand-New Duplex is conveniently located, and it provides easy access to all major transportation. The duplex sits on a generous size lot which allows all the units to be much larger than regular units. This amazing duplex offers almost 1500 sqft of livable space for each unit. Unit #1 is bi-level, offering over 1500 sqft with 3 extremely large bedrooms, 3 custom baths, and a huge backyard. Unit #2 is also bi-level, over 1500 sqft with 3 massive bedrooms, 3 custom baths, and an incredible rooftop deck. UNIT 1#2 ARE RENTED at 2000$. It is fully rented now !!! THIS MONEY MACHINE IS COLLECTING $4000 in a month. THIS AMAZING DUPLEX IS GENERATING POSITIVE CASH FLOW With ZERO MAINTENANCE AND APPROVED 10 YEARS TAX ABATEMENT. All units feature high-quality flooring, state-of-the-art kitchen with shaker cabinets and stainless steel appliances, custom tile work all bathrooms, and more. This building is 1 block from BOTH the #10 and #36 trolleys for easy access to Drexel/Penn, Center City, and more. Both the #43 and #64 bus lines stop qt the corner as well in front of the building. This DUPLEX is not only in a convenient location, where property values are appreciating; but it's also located in the Qualified opportunity zone (QOZ) and approved 10 Years Tax Abatement making this a very secure investment. I invite you to take advantage of this life opportunity to own this stunning duplex. There is not much to say !!!. Actions speaks louder than words!!!. This is a life opportunity to own it. You will not be disappointed to see this duplex. Please reach out for showing.
Standout features identified
Our analysis highlights shaker cabinets, custom tile work, and state-of-the-art kitchen as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,447/month
Principal & Interest$2,703
Property Tax$558
Insurance$186
Down payment20% ($111,500)
3%50%
Est. 6.10% rate · 30yr fixed · $446,000 loan
Full calculator →At a glance
Key facts and listing details
TypeDuplex
Year Built2023
HeatingForced Air, Natural Gas
CoolingCentral Air, Electric
ParkingOpen Parking
Property
Home typeMulti Family
Sub-typeDuplex
ConditionExcellent
Year built2023
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air, Electric
ConstructionBrick, Aluminum Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Street
Lot945 sqft
Location & Tax
NeighborhoodMill Creek
ZoningRM1
Annual tax$239
Parcel062032200
Features & details
8 categories of property features
Interior Features
Appliances
Water Heater
Heating
Forced Air
Natural Gas
Cooling
Central Air
Electric
Accessibility
None
Exterior Features
Parking
On Street
Construction
Brick
Aluminum Siding
Pool Features
None
Other Structures
Above Grade
Below Grade
Room details
1 room detailed
Basement
0
Listing insights
Market data and value estimates
StatusSold
Days on market940
Est. value$577,200
Est. rent$2,677/mo
Tax rate0.94%
Price/sqft$186
On marketMay 26, 2023
PostedMay 26, 2023
Last sold$557,500
MLS updatedSep 12, 2023
Tour days6
Views51
Favorites1
How are the schools in Philadelphia?
2 schools rated nearby
Location
Philadelphia, PA, 19131
Price history
14 events
DateEventPrice$/sqftSource
Sep 12, 2023Sold$557,500$186Bright MLS
May 26, 2023Listed For Sale$585,000$195Bright MLS
May 11, 2022Sold$100,000$33Public Record
Dec 5, 2019Sold$20,000$7Public Record
Aug 22, 2019Price Change$13,500$5KW Philly South
Jul 8, 2019Price Change$14,000$5KW Philly South
May 14, 2019Price Change$14,500$5Keller Williams Philly
Apr 23, 2019Price Change$14,900$5Keller Williams Philly
Apr 5, 2019Listed For Sale$15,000$5Keller Williams Philly
Jan 17, 2019Listing Removed$15,000$5Keller Williams Philly
Dec 10, 2018Listed For Sale$15,000$5Keller Williams Philly
Nov 2, 2018Listing Removed$26,000$9Realty Mark Associates
Apr 15, 2018Listed For Sale$26,000$9Realty Mark Associates
Nov 21, 2017Sold$5,300$2Public Record
Sold$557,500
Sep 12, 2023•$186/sqft•Bright MLS
Listed For Sale$585,000
May 26, 2023•$195/sqft•Bright MLS
Sold$100,000
May 11, 2022•$33/sqft•Public Record
Sold$20,000
Dec 5, 2019•$7/sqft•Public Record
Price Change$13,500
Aug 22, 2019•$5/sqft•KW Philly South
Price Change$14,000
Jul 8, 2019•$5/sqft•KW Philly South
Price Change$14,500
May 14, 2019•$5/sqft•Keller Williams Philly
Price Change$14,900
Apr 23, 2019•$5/sqft•Keller Williams Philly
Listed For Sale$15,000
Apr 5, 2019•$5/sqft•Keller Williams Philly
Listing Removed$15,000
Jan 17, 2019•$5/sqft•Keller Williams Philly
Listed For Sale$15,000
Dec 10, 2018•$5/sqft•Keller Williams Philly
Listing Removed$26,000
Nov 2, 2018•$9/sqft•Realty Mark Associates
Listed For Sale$26,000
Apr 15, 2018•$9/sqft•Realty Mark Associates
Sold$5,300
Nov 21, 2017•$2/sqft•Public Record
Tax history
23 years of records
YearTax paidAssessed value
Apr 10, 2025$624$44,600
Apr 10, 2024$239$17,100
Apr 10, 2023$239$17,100
Apr 10, 2022$87—
Apr 10, 2021$87—
Apr 10, 2018$87—
Apr 10, 2017$87—
Apr 10, 2016$87—
Apr 10, 2015$87—
Apr 10, 2014$87$4,300
Apr 10, 2012$58$480
Apr 10, 2011—$480
Apr 10, 2010—$480
Apr 10, 2009—$480
Apr 10, 2008—$704
Apr 10, 2007—$704
Apr 10, 2006—$640
Apr 10, 2005—$160
Apr 10, 2004—$160
Apr 10, 2003—$160
Apr 10, 2002—$160
Apr 10, 2000—$704
Apr 10, 1999—$704
Nearby homes
Neighborhood details
Local context around this listing
Philadelphia, PA • Philadelphia County
Nearby neighborhoods
BustletonCobbs CreekMayfairOlneyOverbrookOxford CircleRhawnhurstRichmondSomertonWest Oak Lane
Nearby cities
Philadelphia
Nearby zip codes
19104191111912019124191341914019143191441914819149
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