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
Mortgage Calculator
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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