109-15 Carpenter Ln

$1,999,999
Price
Beds
Baths
6,428 Sq. Ft.
$311 / Sq. Ft.
6,428
Sq. Ft.
$311
per Sq. Ft.

Description

109 Carpenter Lane is a turnkey multifamily property located in the coveted West Mount Airy submarket of Philadelphia, Pennsylvania — a Top-10 USA MSA — now available as a turnkey real estate investment opportunity for qualified investors. With eight (8) units rented below market coupled with a private parking area for residents, sited on a generously proportioned, suburban-style ±20K SF parcel, 109 Carpenter Lane presents an immediate cash-flowing asset with nearly a half-acre of land in a transit-oriented,...109 Carpenter Lane is a turnkey multifamily property located in the coveted West Mount Airy submarket of Philadelphia, Pennsylvania — a Top-10 USA MSA — now available as a turnkey real estate investment opportunity for qualified investors. With eight (8) units rented below market coupled with a private parking area for residents, sited on a generously proportioned, suburban-style ±20K SF parcel, 109 Carpenter Lane presents an immediate cash-flowing asset with nearly a half-acre of land in a transit-oriented, amenity-rich neighborhood in Northwest Philly known for its bucolic feel, local parks, and laid-back lifestyle. The apartments are outfitted with hardwood floors, shaker cabinetry, stainless steel appliances, recessed lighting and high ceilings. A diverse unit mixture in the apartment building includes studio, 1bd and 2bd apartments, ensuring that this apartment remains in high demand within the sought-after rental marketplace. Originally constructed in 1929 and fully renovated in 2015, the multifamily property carries a 10 year tax abatement through 2027. Emanating with original detail and charm, 109 Carpenter Lane boasts stained-glass windows, early-century masonry, expert carpentry/millwork and more — while still offering contemporary kitchens and bathrooms built to today's expectational standards. A combination of central air and mini splits ensure thermal comfort year-round. Minimal OPEX. Rental upside via parking income, storage income, utility rubs — producing a juicy cap rate. Enquire within for financials and floorplans for this NWPHL gem of a property.
  1. Listed by Ryan J McManus • Keller Williams Liberty Place
    P: (610)-606-1095 ryan@agentphl.com
  2. Listed by Brandon Ribeiro • Keller Williams Liberty Place
    P: (267)-945-8167 brandon@agentphl.com

Property Details for 109-15 Carpenter Lane

Tax ID Number
881210110
Ownership
Fee Simple
Structure Type
Detached
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
11-05-2025
Municipality
PHILADELPHIA
LISTING UPDATED: 11/03/2025 09:59 AM

Property Details for 109-15 Carpenter Lane

StatusActive
MLS #PAPH2552886
Days on Market54
Taxes$3,463 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1980
Lot Size0.46 AC / 19,916 SF
CountyPhiladelphia County

Location

Listing Courtesy of Keller Williams Liberty Place
Add your commute

Building Information for 109-15 Carpenter Lane

Stories-Residences-Year Built1980Building Size-Lot Size0.46 AC / 19,916 SF

Payment Calculator

$10,171 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,883

Property Taxes

$289

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 109-15 Carpenter Lane

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19119 (19119)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $247,434
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $149,634
  • City Town Tax: $1,523
  • Land Assessed Value: $97,800
  • Clean Green Assessed: No
  • Land Use Code: CA0
  • Zoning: RSA3
  • Tax Lot: 212
  • School Tax: $1,939
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 7
  • Three Bedroom Units Count: 0
  • Units Leased Count: 8
  • Rent Control: No
Financial Information
Financial Information
  • Cap Rate: 7.13
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 6,428.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 100.00 x 200.00
  • Lot Dimensions Source: Assessor
  • Road Frontage Length: 100.00
  • Parcel ID: 1410645
Parking
Parking
  • Type Of Parking: Driveway, Parking Lot
  • Driveway - # of Spaces: 3
  • Parking Lot - # of Spaces: 5
  • Parking Features: Crushed Stone
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C, Ductless/Mini-Split
  • Cooling Fuel: Natural Gas
  • Heating Type: Central, Wall Unit
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS

Property History for 109-15 Carpenter Lane

DateEvent & SourcePriceAppreciation
Oct 29, 2025

Listed (Active)

BRIGHT #PAPH2552886

$1,999,999
Sep 5, 2013

Closed

BRIGHT #1003397048

$375,000
May 23, 2013

Pending

BRIGHT #1003397048

Mar 12, 2013

Listed (Active)

BRIGHT #1003397048

$479,000
Aug 6, 2009

Expired

BRIGHT #1006492060

$570,000
Jan 5, 2009

Listed (Active)

BRIGHT #1006492060

$595,000
DateEvent & SourcePrice
10/29/2025

Listed (Active)

BRIGHT #PAPH2552886

$1,999,999
09/05/2013

Closed

BRIGHT #1003397048

$375,000
05/23/2013

Pending

BRIGHT #1003397048

03/12/2013

Listed (Active)

BRIGHT #1003397048

$479,000
08/06/2009

Expired

BRIGHT #1006492060

$570,000
01/05/2009

Listed (Active)

BRIGHT #1006492060

$595,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 109-15 Carpenter Lane

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 12
Public - 6 to 8
Rating
School
Distance
Henry H. Houston Elementary School
PublicK to 8

Roxborough High School
Public9 to 12

Widener Memorial School
PublicK to 12

Middle Years Alternative School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

109-15 Carpenter Lane is a multi-family home for sale in Philadelphia, PA 19119. This property was listed for sale on October 29, 2025 by Keller Williams Liberty Place, it's currently listed at $1,999,999. It has been on the market for a total of 54 days and was last sold on September 5, 2013. This listing's school district is The School District of Philadelphia. Nearby schools include Henry H. Houston Elementary School, Roxborough High School and Widener Memorial School. 109-15 Carpenter Lane is a 0-bed, 0-bath, 6,428 sqft multi-family home built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Liberty Place

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.