$525,000
2 bd|1.5 ba|1,276 sqft
240 E Springfield Ave, Philadelphia, PA 19118
Listed by Keller Williams Main Line
For Sale
Listing description
Amazing & unique mixed-use investment opportunity with excellent corner exposure in a great neighborhood directly across the street from Jeanes Hospital and Fox Chase Cancer Center, offering built-in traffic for any type of business venture. 1st floor commercial space is meticulous and completely renovated from top to bottom, wall to wall, floor to ceiling, with all work completed to code with permits (all new electric-plumbing-windows-concrete-roof-hardwired smoke/fire alarm-etc). Currently set up as a turn key deli with top of the line like-new equipment (negotiable) to hit the ground running, or can accommodate a variety of businesses with this prime location. There is also a fabulous fully finished detached garage w/ whitewashed exposed brick & crown molding, LVT wood flooring and sleek plank panel ceiling for a chic industrial look that adds the flexibility and potential. The 2nd floor is an updated & massive 2 bedroom 1 bath with an awesome open layout. Whether as an owner occupied business or as a hands-off investment with multiple income streams, this super well maintained, totally renovated & low maintenance property hits all the buttons for an excellent investment.....and then some!!!
Rooms by level
How the bedrooms and baths are distributed across the floors, as reported by the listing agent.
- Main level1 half bath
- Upper level2 bedrooms · 1 full bath
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 1 full · 1 half
- Living area
- 1,908 sq ft
- Heating
- Hot Water
- Cooling
- Window Unit(s), Wall Unit
Property & construction
- Property type
- Residential · Twin/Semi-Detached
- Architectural style
- Other
- Year built
- 1965
Lot & parking
- Lot size
- 0.05 acres (2,304 sq ft)
Financial
- Price / sq ft
- $262
- HOA dues
- None
Listing details
- MLS #
- PAPH2665768
- County
- Philadelphia County
- School district
- The School District Of Philadelphia
- Days on NookLocal
- Just listed
Interior features
- Basement
- Full, Unfinished
- Levels
- 2
- Accessibility
- Other
Exterior & construction
- Construction
- Brick
- Foundation
- Permanent
Systems & utilities
- Heating fuel
- Natural Gas
- Cooling fuel
- None
- Hot water
- Natural Gas
- Water source
- Public
- Sewer
- Public Sewer
Parking
- Parking
- On Street, Driveway
Community
- Subdivision
- FOX CHASE
Lot & zoning
- Zoning
- RSA3
Included in the sale
- Possession
- Immediate
Price history
| Date | Event | Price |
|---|---|---|
| Sep 10, 2026 | Listed for sale | $500,000 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
The NookLocal estimate
Estimated value
$464,000
Automated estimate, not an appraisal. Sale records through July 2026.
About this estimate
Based on 10 comparable sales nearby, the Philadelphia County assessment ratio, and this home's own August 2022 sale grown with the local market, weighted toward the current asking price.
- Last sold
- August 2022 for $299,000
- About $331,054 in today's market
- Current list price
- $500,000
- County assessment implies
- $313,971
Comparable Sales
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 1838 LANSING ST, PHILADELPHIA, PA 19111 | August 2026 | $351,500 | 3/1 | 1,936 | $444,810 |
| 159 E MAYLAND ST, PHILADELPHIA, PA 19144 | July 2026 | $257,500 | 3/1 | 1,940 | $446,767 |
| 820 KERPER ST, PHILADELPHIA, PA 19111 | August 2026 | $350,000 | 3/1 | 1,550 | $490,000 |
| 1235 E BARRINGER ST, PHILADELPHIA, PA 19119 | July 2026 | $310,000 | 3/2 | 1,836 | $268,114 |
| 6655 ANDERSON ST, PHILADELPHIA, PA 19119 | July 2026 | $375,000 | 3/2 | 1,776 | $327,289 |
| 7735 HASBROOK AVE, PHILADELPHIA, PA 19111 | September 2026 | $330,000 | 3/1 | 1,560 | $465,818 |
Sale history
| Date | Event | Price |
|---|---|---|
| August 2022 | Sold | $299,000 |
From closed MLS and county deed records. Earlier transactions may exist.
Estimated taxes
Recorded property taxes: $4,146 (2026 bill as recorded in the MLS).
Estimated monthly payment calculator
$100,000 (20%)
6.43%
Loan term
Estimated monthly payment
$3,001/mo
- Principal & interest
- $2,510
- Property taxes
- $346
- Home insurance (est.)
- $146
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.
Area statistics
School district
The School District Of Philadelphia
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.
Map location
Open in Google Maps© BRIGHT, All Rights Reserved
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: September 10, 2026 at 2:28 PM EDT
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