- CENTURY 21 Real Estate
- Pennsylvania
- Philadelphia
- 1719 W Norris St
1719 W Norris St, Philadelphia, PA 19121
Local realty services provided by:CENTURY 21 Reilly Realtors
1719 W Norris St,Philadelphia, PA 19121
$500,000
- 8 Beds
- - Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: katherine vail
Office: elfant wissahickon-rittenhouse square
MLS#:PAPH2581420
Source:BRIGHTMLS
Price summary
- Price:$500,000
About this home
**Prime Temple University Investment Opportunity | 10.93% Cap Rate !** This turnkey triplex offers exceptional cash flow in Temple University's high-demand rental corridor. The 14-year-old new build combines an institutional-grade location with flexible income strategies to maximize investor returns. The property delivers a verified 10.93% cap rate based on current operations. Configured as two 3-bedroom, 3-bathroom units plus one 2-bedroom, 3-bathroom unit, it currently operates as successful short-term rentals with seamless conversion capability to long-term leases. For temple students and families, there's an attractive house-hacking opportunity to occupy one unit while generating income from the remaining two. Situated in Temple University's core rental market, the property benefits from consistent tenant demand and strong rent growth fundamentals that characterize this established student housing corridor. The well-maintained building showcases premium finishes throughout, including modern marble tile, quartz countertops, and custom cabinetry. Each unit features stainless appliances, in-unit washer and dryer, central HVAC, and recessed lighting. The open-concept layouts provide excellent natural light, creating attractive living spaces that command premium rents. Choose your preferred investment strategy. Maximize returns through the current short-term rental model or optimize for passive income and tenant stability by converting to long-term leases. The property has demonstrated strong performance under both operating models. Contact us to review operating statements and schedule a walkthrough of this versatile income-producing asset.
Contact an agent
Home facts
- Year built:2011
- Listing ID #:PAPH2581420
- Added:4 day(s) ago
- Updated:February 10, 2026 at 02:31 PM
Rooms and interior
- Bedrooms:8
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:2011
Utilities
- Water:Public
- Sewer:Public Septic, Public Sewer
Finances and disclosures
- Price:$500,000
- Tax amount:$7,735 (2026)
New listings near 1719 W Norris St
- New
$449,000Active5 beds -- baths2,016 sq. ft.6330 Newtown Ave, PHILADELPHIA, PA 19111
MLS# PAPH2580884Listed by: EXP REALTY, LLC - New
$159,900Active3 beds 1 baths1,092 sq. ft.6153 Reedland St, PHILADELPHIA, PA 19142
MLS# PAPH2577410Listed by: COLDWELL BANKER HEARTHSIDE-ALLENTOWN - New
$159,900Active3 beds 2 baths1,128 sq. ft.2232 S Felton St, PHILADELPHIA, PA 19142
MLS# PAPH2578922Listed by: COLDWELL BANKER HEARTHSIDE-ALLENTOWN - New
$200,000Active3 beds 1 baths1,110 sq. ft.4743 Meridian St, PHILADELPHIA, PA 19136
MLS# PAPH2582412Listed by: ONYX MANAGEMENT GROUP - Coming SoonOpen Sat, 10am to 1pm
$325,000Coming Soon3 beds 2 baths321 E Phil Ellena St, PHILADELPHIA, PA 19119
MLS# PAPH2582430Listed by: WEICHERT, REALTORS - CORNERSTONE - Coming SoonOpen Sun, 12 to 3pm
$335,000Coming Soon3 beds 2 baths9333 Rising Sun Ave, PHILADELPHIA, PA 19115
MLS# PAPH2578446Listed by: KELLER WILLIAMS REALTY GROUP - New
$180,000Active3 beds 2 baths960 sq. ft.4117 Greeby St, PHILADELPHIA, PA 19135
MLS# PAPH2582404Listed by: ONYX MANAGEMENT GROUP - New
$180,000Active3 beds 1 baths1,084 sq. ft.6362 Marsden St, PHILADELPHIA, PA 19135
MLS# PAPH2582406Listed by: ONYX MANAGEMENT GROUP - New
$424,500Active4 beds 3 baths1,368 sq. ft.1439-41 Shelmire Ave, PHILADELPHIA, PA 19111
MLS# PAPH2582084Listed by: HOMESMART NEXUS REALTY GROUP - NEWTOWN - New
$435,000Active2 beds 2 baths1,137 sq. ft.1232 N Front St #4b, PHILADELPHIA, PA 19122
MLS# PAPH2582178Listed by: REALTY MANAGEMENT WORKS LLC