1718 Norris St, Philadelphia, PA 19121
Local realty services provided by:CENTURY 21 Norris - Valley Forge
1718 Norris St,Philadelphia, PA 19121
$285,000
- 7 Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: michael coleman, danielle redenbaugh
Office: keller williams realty devon-wayne
MLS#:PAPH2632718
Source:BRIGHTMLS
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Price summary
- Price:$285,000
About this home
Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2026, this exceptional triplex offers immediate cash flow.
Currently generating $2,950 per month ($35,400 gross annual income), this income-producing property is an outstanding opportunity for investors seeking stable returns and long-term growth. The building consists of three residential units currently rented at:
Unit 1: $1,050/month - First floor and basement 3 bed 3 bath
Unit 2: $950/month - Second floor 2 bed 1 bath
Unit 3: $950/month - 3rd floor 2 bed 1 bath
Building just experienced a 7% increase in rental income from the 25/26 to the 26/27 leasing cycle.
Located just minutes from Temple University, public transportation, restaurants, and neighborhood amenities, this property sits in a high-demand rental market with a proven history of strong occupancy. For investors seeking dependable income, this asset checks all the boxes.
Offering an 8%+ cap rate, this is the type of opportunity savvy investors search for but rarely find. With stable income already in place, strong rental demand, and attractive returns from day one, this property delivers the combination of cash flow and value that is becoming increasingly difficult to find in today's market.
This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2631578 and PAPH2631596...
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Home facts
- Year built:1915
- Listing ID #:PAPH2632718
- Added:38 day(s) ago
- Updated:July 20, 2026 at 05:55 AM
Rooms and interior
- Bedrooms:7
- Basement:Yes
- Basement Description:Fully Finished
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Forced Air
Structure and exterior
- Year built:1915
- Architectural Style:Traditional
- Construction Materials:Masonry
- Foundation Description:Block
Utilities
- Water:Public
- Sewer:Public Septic
Finances and disclosures
- Price:$285,000
- Tax amount:$5,581 (2026)
Parking
- Parking description:On Street
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