Back 7916 Loretto Avenue
Off Market

7916 Loretto Avenue

Philadelphia PA 19111

4
2074 sq. ft.
3373 sq. ft.
Duplex
Last sold for $450,000
Catheleen LazauskasCatheleen Lazauskas, last sold this property on 12 June 2026 after 69 days on market.

Overview

Well-maintained detached duplex investment opportunity in the Rhawnhurst section of Northeast Philadelphia, offering immediate cash flow with clear upside potential. This two-unit property features (2) spacious 2-bedroom / 1-bath layouts, totaling approximately 2,074 SF on a 3,373 SF lot, with durable brick construction. The property is 100% occupied, generating $2,450/month in current gross rent. One unit is leased through May 31, 2027, providing income stability, while the second unit is month-to-month, creating a near-term opportunity to adjust rents to market. Based on current market conditions, comparable two-bedroom units in the immediate area are achieving higher rental rates, presenting a mark-to-market opportunity for increased income. This makes the property well-suited for investors seeking a balance of in-place cash flow and future growth. Located in a stable, demand-driven rental corridor with convenient access to Castor Avenue, Roosevelt Boulevard, shopping, and public transportation. The detached layout offers added tenant appeal and operational simplicity. Zoned RSA3. Annual taxes approximately $5,217. Property is not located in a flood hazard area. Ideal for investors or owner-occupants looking to offset expenses with rental income. Offered at $448,000.

Features

4 bedrooms
2074 sq. ft. floor area
3373 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 4 bedroom duplexes sold in Philadelphia over the last 12 months, the estimated median property value of 7916 Loretto Avenue is $384k.

Median value
$384k
Estimated value range
$225k - $510k
Median days on market
8
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Philadelphia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7916 Loretto Avenue

2026
Sold
$450,000
12 Jun 2026 by Catheleen Lazauskas, of J G McSherry LLC

Happy sellers in Philadelphia

90%
90% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Philadelphia over the last 12 months.

Local market activity for 4 bedroom duplexes in Philadelphia

In the last 12 months, 22 four-bedroom duplexes similar to 7916 Loretto Avenue, have been sold.

This represents a 45% increase in four-bedroom duplexes sales when compared to the previous 12 months.

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