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2427 Brown StreetPhiladelphia, PA 19130

For Sale

$725,000

Smart Buyer Rebate $7,250

7 CAP INVESTOR ALERT!!!!!!! - 2427 Brown Street presents a prime location, fully leased, all residential triplex in the heart of Fairmount, one of Philadelphia’s most desirable and consistently strong rental markets. This well-maintained, corner property, legally zoned 3-family dwelling spans approximately 2,800 square feet and features an efficient unit mix of two one-bedroom units and one two-bedroom unit, appealing to a broad tenant base. Unit 1 is a 1 bed / 1 bath currently rented for $1,838 per month with a lease expiration of 5/31/2027, Unit 2 is a 1 bed / 1 bath rented for $1,885 per month with a lease expiration of 5/31/2027, and Unit 3 is a 2 bed / 1 bath rented for $1,849 per month with a lease expiration of 5/31/2027, bringing the total gross monthly rent to $5,572. Each unit offers bright, open layouts with excellent natural light and the convenience of in-unit laundry, supporting strong tenant retention and long-term rental performance. The property is 100% occupied with stable tenancy in place, providing immediate cash flow with minimal turnover risk. Constructed of solid brick with a full basement, the building has been well cared for and operates with straightforward expenses, making it a true turnkey asset with additional upside potential. Located just steps from Fairmount Avenue, the Art Museum, and major Center City access points, the property benefits from exceptional walkability, consistent tenant demand, and strong long-term appreciation potential, making it an ideal acquisition for both seasoned investors and those looking to enter the multifamily market in a prime location.

Listed by Frank L DeFazio

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License #RS299840

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BHHS Fox & Roach-Center City Walnut

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6106364364

Last updated April 29, 2026

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Source: BrightMLS #PAPH2611022

Listing Facts

  • TypeMulti-family
  • NeighborhoodFairmount
  • Days on Prevu10
  • Taxes$9,381/year
  • Size2,808 sqft
  • Price per sqft$258

Location

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Listing History

04/21/2026
Listed by BHHS Fox & Roach-Center City Walnut
$725,000

Property Details for 2427 Brown Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Year Built: 1915
  • Architectural Style: Other
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.03
  • Lot Size Dimensions: 18
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,233
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $9,381.00
  • Tax Year: 2026

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 2,808
  • Living Area Source: Estimated

Rooms

  • Basement: Full
  • Has Basement: Yes

Other

Location

  • Subdivision Name: ART MUSEUM AREA
  • Tax Lot: 181

Parking

Parking

  • Garage: No
  • Parking Features: Public

Utilities

Equipment

  • Cooling: Wall Unit
  • Heating: Hot Water
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 2427 Brown Street.

What are the annual taxes for 2427 Brown Street?

Annual taxes for this multi-family home are estimated at $9,381.

How does 2427 Brown Street compare to other multi-family homes in Fairmount?

This multi-family home is listed 6% below the average price for multi-family homes in Fairmount and has been on the market for 39 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 2,808 sqft.

2427 Brown Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19130. On Prevu for 10 days at $725,000. This home features 2,808 square feet of living space, located in Fairmount. The median listing price for multi-family homes in this area is $449,000. Explore more multi-family home listings in Philadelphia.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.