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471 Gerhard Street

Philadelphia, PA 19128

– beds
– baths
1,927 sqft
2,156 sqft lot
$269 per sqft
1925 build

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Welcome to 471 Gerhard Street, a renovated triplex nestled in the heart of Philadelphia perfect for an investment property or an owner occupant having the tenants pay their mortgage. Upon entering, you'll be greeted by a lovely porch and thoughtfully updated interiors that seamlessly blends contemporary finishes while keeping the historic charm. The first floor unit is a 2 bedroom, 1 bath unit with hardwood floors, a spacious eat in kitchen, and a washer/dryer and storage in the basement. This unit has its own HVAC system that was installed in 2024. It is currently vacant was most recently rented for $1350 and could be a great owners unit. The second floor unit is a 1 bedroom/ 1 bath unit currently rented for $1200/mo. It has hardwood floors, 2 mini splits for heating and air, a brand new gas stove, spacious closets, and shares a washer/dryer in the hallway with the 3rd floor tenant. The 3rd floor is a 1 bedroom, 1 bath unit with hardwood floors, a mini split for heating and air, a ceiling fan, and many closets and is rented for $1000/mo. The building was renovated in 2018 with a new roof, new electric, lighting fixtures, updating to the kitchen and baths and also had new windows installed in 2022, and new front decking and electric panel in 2024. Perfectly situated on a quiet, tree-lined street, yet just minutes away from Main Street in Manayunk, public transportation on Ridge, a few blocks from ACME, Starbucks, and Rite Aid and more shops, and restaurants. The Wissahickon Valley Park is also nearby, perfect for outdoor enthusiasts. Showings are Friday and Saturday anytime during 10am-2pm.

Listing courtesy of BRIGHT / Compass Pennsylvania, LLC

Last checked: Checking… • Last updated Apr 1, 2025 •

MLS# PAPH2438904 —

The Building

Year Built:

1925
Year Built Source:

Assessor
Year Major Reno/Remodel:

2018
Roof:

Flat, Pitched
New Construction:

No
Construction Materials:

Masonry
Building Units Total:

3
Structure Type:

Twin/Semi-Detached
Architectural Style:

Traditional
Accessibility Features:

None
Foundation Details:

Brick/Mortar
Basement:

Yes
Basement Type:

Full, Poured Concrete
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

1927

Interior

Interior Features:

Bathroom - Tub Shower, Bathroom - Stall Shower, Ceiling Fan(s), Skylight(s), Wood Floors
Flooring Type:

Hardwood, Luxury Vinyl Plank, Tile/Brick
Fireplace:

No
Wall & Ceilings:

Plaster Walls
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

3854
Living Area SqFt:

1,927 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional
Buyer Financing:

Conventional
Possession:

Immediate

Location

Directions:

South on Ridge Ave, Take Right on Roxborough Ave, Right on Mitchell St, then a Right on Gerhard St. Property mid block on right side
Cross Street:

Ridge Ave
Latitude:

40.03005600
Longitude:

-75.21321106

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Property Condition:

Very Good
Lot Size Units:

Square Feet
Lot Size Acres:

0.05
Lot Size Source:

Assessor
Lot Size Dimensions:

22.00 x 98.00
Lot Dimensions Source:

Assessor
Lot SqFt:

2,156 Sqft
Zoning:

RSA3
View:

City
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

N50
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

212077000
Tax Year:

2025
Tax Lot:

120
Tax Annual Amount:

$6,895
Tax Assessed Value:

$492,600
Year Assessed:

2025
School Tax:

3861.0
City/Town Tax:

3033.00
Total Taxes Payment Frequency:

Annually

The Listing

Close Sale Type:

Standard Sale

Heating & Cooling

Cooling Type:

Ceiling Fan(s), Central A/C, Ductless/Mini-Split, Multi Units
Central Air:

Yes
Cooling Fuel:

Electric, Natural Gas
Heating:

Yes
Heating Type:

Hot Water, 90% Forced Air, Baseboard - Electric, Wall Unit
Heating Fuel:

Electric, Natural Gas

Utilities

Utilities:

Cable TV
Sewer/Septic:

Public Sewer
Electric Service:

200+ Amp Service
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Philadelphia City
School District Source:

Listing Agent

The Community

Subdivision Name:

Roxborough
Exterior Features:

Sidewalks
Pool:

No Pool
Cap Rate:

6.25

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Vacation Rental:

No
One Bedroom Units:

2
Two Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

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Transit Score®

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Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/1/25 Apr 1, 2025	Sold	BRIGHT	$520,000	4.0%
3/3/25 Mar 3, 2025	Pending	BRIGHT	$500,000
2/21/25 Feb 21, 2025	Sold Subject To Contingencies	BRIGHT	$500,000

Multifamily Sold on 4/1/2025

$520,000

Listing provided by broker:

Claudia McGill

Compass Pennsylvania, LLC

marianne.dillon@compass.com

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Listing Courtesy of: BRIGHT and Compass Pennsylvania, LLC.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

471 Gerhard Street

Philadelphia, PA 19128