1718 NORRIS ST, Philadelphia, PA 19121
See all 27 photos
1718 NORRIS ST, Philadelphia, PA 19121
1718 NORRIS ST, Philadelphia, PA 19121
1718 NORRIS ST, Philadelphia, PA 19121
1718 NORRIS ST, Philadelphia, PA 19121
Listed by Mike Coleman • Keller Williams Realty Devon-Wayne
Bought with Keyon Whiting • Realty Mark Associates

$285,000

Est. payment /mo

$299,900

5.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1718 NORRIS ST Philadelphia, PA 19121

2,308 SqFt

SOLD DATE : 07/17/2026

Key Details

Sold Price $285,000

Property Type Multi-Family

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 2,308 sqft

Price per Sqft $123

MLS Listing ID PAPH2632718

Sold Date 07/17/26

Style Traditional

Abv Grd Liv Area 1,908

Year Built 1915

Annual Tax Amount $5,581

Tax Year 2026

Lot Size 1,307 Sqft

Acres 0.03

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

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

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Basement Fully Finished

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Above Ground Finished SqFt 1908

Sewer Public Septic

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 321148305

Ownership Fee Simple

SqFt Source 2308

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)

NEARBY SCHOOLS & BUSINESSES

Anita John

Anita John

Advisor | License ID: SP40003521

+1(415) 939-9924

GET MORE INFORMATION

Name
Phone*
Message