$410,000
7974 Loretto Ave, Philadelphia, PA 19111
Listed by Canaan Realty Services INC
Discover a hidden gem in the heart of a thriving community, perfect for savvy investors looking to capitalize on a promising opportunity. This charming residential property, built in 1964, boasts a solid masonry construction that stands the test of time, offering both durability and character. With a generous finished area of 1,432 square feet, this home presents a blank canvas for your creative vision, whether you're considering a renovation for rental income or a flip for profit. Set on a spacious 0.27-acre lot, the property provides ample outdoor space, ideal for landscaping enhancements or potential expansions. The inviting atmosphere is complemented by a cozy fireplace, perfect for creating a warm ambiance during the cooler months. Imagine transforming this space into a modern retreat that appeals to a wide range of potential tenants or buyers. The absence of bedrooms and bathrooms in the current layout allows for flexible redesign options. Investors can explore various configurations to maximize rental potential or resale value. The property's layout can easily accommodate multiple bedrooms and bathrooms, catering to the growing demand for versatile living spaces in today's market. Located in a vibrant neighborhood, this property is poised for appreciation, thanks to its proximity to local amenities, parks, and transportation options. The area is known for its strong rental market, making it an attractive option for those looking to generate consistent cash flow. With the right updates and enhancements, this property can become a sought-after rental, ensuring a steady return on investment. The potential for value addition is significant, and with the right vision, this property can be transformed into a desirable home that resonates with future occupants. Whether you're an experienced investor or just starting your journey in real estate, this property offers a unique opportunity to build equity and create lasting value. Don't miss out on the chance to invest in a property with immense potential. With its solid foundation, spacious lot, and prime location, this home is ready for its next chapter. Embrace the opportunity to turn this house into a thriving investment that not only generates income but also provides a sense of comfort and belonging for its future residents.
| Date | Event | Price |
|---|---|---|
| Aug 31, 2026 | Listed for sale | $425,000 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
Estimated value
$396,000
Automated estimate, not an appraisal. Sale records through July 2026.
Based on 10 comparable sales nearby, the Philadelphia County assessment ratio, weighted toward the current asking price.
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 1101 CRESWOOD RD, PHILADELPHIA, PA 19115 | September 2026 | $469,900 | 3/1 | 1,608 | $436,118 |
| 4295 GRISCOM ST, PHILADELPHIA, PA 19124 | September 2026 | $131,000 | 3/1 | 1,470 | $194,587 |
| 7768 DITMAN ST, PHILADELPHIA, PA 19136 | September 2026 | $334,900 | 3/1 | 1,376 | $405,333 |
| 8109 GILBERT ST, PHILADELPHIA, PA 19150 | September 2026 | $230,000 | 3/2 | 1,435 | $197,939 |
| 7339 TABOR AVE, PHILADELPHIA, PA 19111 | September 2026 | $185,000 | 3/2 | 1,313 | $153,081 |
| 1020 NORVELT DR, PHILADELPHIA, PA 19115 | September 2026 | $540,000 | 3/2 | 1,754 | $353,360 |
Recorded property taxes: $5,996 (2026 bill as recorded in the MLS).
Loan term
Estimated monthly payment
$2,757/mo
Taxes use the amount recorded on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.
School district
Philadelphia City
2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.
Safety data
Philadelphia County crime & safety numbers →
County figures from FBI and Pennsylvania source data.
Property taxes
Philadelphia County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
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Information Deemed Reliable But Not Guaranteed
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.
IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: October 6, 2026 at 8:19 PM EDT
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