Now offering 3281 Red Lion Road: a duplex w/ a unit mix of two (2) 2bd/1ba units, w/ Unit 1 currently occupied by a long-term tenant paying $1,550/month (their lease ends in February) and Unit 2, which has just been leased for $1,700/month on a 12 month term (started 9/27/26). Unit 2 features in-unit washer and dryer, and a private outdoor balcony. Fully rehabbed just a year ago and move-in ready, the apartment boasts a stylish kitchen with granite countertops, brand-new stainless steel appliances, and white shaker cabinets. Enjoy all-new luxury vinyl plank flooring, recessed LED lighting, and two evenly sized bedrooms. Unit 1 is cosmetically outdated, relative to Unit 2, but is in great shape, has private backyard access. Right out front, there are two (2) dedicated parking spots- one for each unit. Using "back of the napkin" underwriting, if you conservatively set aside 25% of your gross income to cover expenses, this building is operating at a 6.5% cap rate. Schedule your tour today!
Parkwood, located between Pennypack Park and the Poquessing Creek corridor, is a residential and suburban Philadelphia neighborhood with curving cul-de-sacs and mid-century split-levels. The neighborhood’s character concentrates around the Roosevelt Boulevard and Southampton Road junction, where auto-oriented plazas, corner takeout counters, and everyday services set the pace. Nearby, the historic Pennypack Park bridges and wooded trails shape a weekend rhythm of walks and bike rides. Rowhomes and twins mix with detached houses, giving blocks a tidy, low-rise profile. Commercial life clusters along Roosevelt Boulevard, while side streets stay quiet and green. The setting reads as Northeast Philadelphia: practical, park-adjacent, and built for driving.
Provided by Walk Score and Local Logic
Offer insights
3281 Red Lion Rd · $450,000
$450K and above
75% chance or better to win
Why $450K+ is a strong offer
DAYS ON MARKET
42 days
The average home goes pending in 147 days.
SALE-TO-LIST
94.1%
Most homes are selling 6% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
No basement
2+ access exits
Bedrooms
Two 2-bedroom units (multi-family)
Bathrooms
Details not provided
Kitchen
Details not provided
Laundry & utility
60+ gallon hot water tank
Flooring
Details not provided
Heating & cooling
Central heating (electric)
Central air conditioning (electric)
Exterior features
20.00 x 141.00 lot dimensions
No tidal water
Home design
Interior townhouse/rowhouse
Fee simple ownership
Parking
Paved driveway parking with 2 driveway spaces
Total of 2 garage/parking spaces
Security
Details not provided
Construction
Masonry construction
Brick/mortar foundation
Utilities
Public water
Public sewer
HOA & community
Details not provided
Financial info
Details not provided
Other
Property has 2 total units with 1 vacant unit
Electricity and solar
View estimated energy costs and solar savings for this home
The RSA, Residential Single-Family Attached districts are primarily intended to accommodate attached and semi-detached houses on individual lots, but may be applied in areas characterized by a mix of housing types, including detached houses. The districts are also intended to provide a density transition between RSD districts and RM districts. The Zoning Code includes five RSA districts that are differentiated primarily on the basis of minimum lot area requirements.
Zone overlays
Far Northeast Overlay District
Airport Hazard Control Overlay District
Narcotics Injection Sites Overlay District
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Garden center
Housing-Single unit
Fire house
Police station
Recreation-Other
Feb 20, 2024 • Final
Plumbing
Repair and replace the water distribution line.
Plumbing
Jul 8, 2011 • Final
Pp_plumbng
Replace the storm and sanitary sewer lines, house trap, and main drain.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Philadelphia, PA • 19114
Average low and high temperatures (°F)
37
24
41
27
58
39
67
47
73
56
84
66
88
71
82
64
79
63
70
50
57
41
43
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 1% for direct sun exposure in Philadelphia. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3281 Red Lion Rd
$431,031
$19K under list price of $450K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $348K to $460K.