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
Listed by Michael Coleman
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Keller Williams Realty Devon-Wayne
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4849426266
Last updated June 16, 2026
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Source: BrightMLS #PAPH2632718
Listing Facts
TypeMulti-family
NeighborhoodNorth Central
Days on Prevu5
Taxes$5,581/year
Size2,308 sqft
Price per sqft$130
Location
Mortgage Calculator
Listing History
06/16/2026
Status changed to In Contract
$299,900
06/11/2026
Listed by Keller Williams Realty Devon-Wayne
$299,900
Property Details for 1718 Norris Street
Exterior
Construction
New Construction: No
Number Of Units Total: 3
Year Built: 1915
Architectural Style: Traditional
Construction Materials: Masonry
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Size Acres: 0.03
Lot Size Source: Estimated
Lot Size Square Feet: 1,307
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 8.3
Taxes
Tax Annual Amount: $5,581.00
Tax Year: 2026
Interior
Measurements
Living Area: 2,308
Living Area Source: Estimated
Rooms
Basement: Fully Finished
Has Basement: Yes
Other
Location
Tax Lot: 177
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Forced Air
Has Heating: Yes
Sewer: Public Septic
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1718 Norris Street.
What are the annual taxes for 1718 Norris Street?
Annual taxes for this multi-family home are estimated at $5,581.
How does 1718 Norris Street compare to other multi-family homes in North Central?
This multi-family home is listed 77% below the average price for multi-family homes in North Central and has been on the market for 118 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,308 sqft.
1718 Norris Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19121. Available on Prevu for 5 days at $299,900. This property features 2,308 square feet of living space, located in North Central. The median listing price for multi-family homes in this area is $410,000. View other multi-family home listings in Philadelphia.
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