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For sale
    • Price cut: $176K (5/21)
    $1,149,000

    1642 Cambridge St, Philadelphia, PA 19130

    8beds
    7baths
    4,568sqft
    : 
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    Townhouse
    Built in 2019
    -- sqft lot
    $-- Zestimate®
    $252/sqft
    $-- HOA

    What's special

    City viewsPrivate rooftop accessIn-unit laundryPatio accessSplit-bedroom designBedrooms on opposite endsOpen layout
    High-Income 3-Unit Investment Opportunity in Francisville | Built 2019 | Tax Abatement Turnkey triplex generating $6,495+ per month in projected rental income, located in the rapidly growing Francisville section of Philadelphia. Built in 2019, this modern multi-family property offers strong in-place income, low maintenance, and approximately 4 years remaining on a tax abatement, helping maximize cash flow. Ideal for investors or owner-occupants One unit is currently vacant, creating an immediate opportunity to house hack or lease at market rent. Property Breakdown: Unit A, Bi-Level, 4 Bed, 3 Bath Spacious private-entry unit with open living area, patio access, and in-unit laundry. Currently rented at $2,450/month through April 2027. Unit B, 2 Bed, 2 Bath Open layout with bedrooms on opposite ends, each with walk-in closets and bathroom access. Vacant, projected rent $1,995/month. Unit C, 2 Bed, 2 Bath + Roof Deck Split-bedroom design with private rooftop access and city views. Currently rented at $2,150/month through November 2026. Investment Highlights: Projected gross income: $77,940+ annually Tenants pay most utilities (low expense structure) Modern construction, built 2019 High bedroom-to-bath ratio increases rental demand Multiple rental strategies, long-term, roommate-style, or mid-term Located minutes from Center City, Temple University, major hospitals, and public transportation, this property sits in a high-demand rental corridor with continued neighborhood growth and strong tenant demand. Strong existing leases, modern layouts, and long-term upside make this a compelling addition to any portfolio. Disclaimer: Information is deemed reliable but not guaranteed. Buyer to verify all details including tax abatement, income, zoning, and square footage. This is not legal or financial advice.
    100 days
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    90
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    Zillow last checked:

    Listing updated:

    Listed by:

    Tykey Jackson 609-600-4553,

    Philadelphia Realty Exchange 2155456111,

    Co-Listing Agent: Donna L Walker-Bey 267-984-1121,

    Philadelphia Realty Exchange

    Source: Bright MLS,MLS#: PAPH2605536MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 7
      Basement
      • Area: 0
      Heating
      • Forced Air, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Microwave, Dishwasher, Disposal, Dryer, Energy Efficient Appliances, Intercom, Self Cleaning Oven, Oven/Range - Electric, Stainless Steel Appliance(s), Cooktop, Washer, Electric Water Heater
      • Laundry: Dryer In Unit, Washer In Unit
      Features
      • Combination Kitchen/Living, Primary Bath(s), Recessed Lighting, Bathroom - Stall Shower, Upgraded Countertops, Bathroom - Walk-In Shower, Pantry, Walk-In Closet(s), 9'+ Ceilings, Dry Wall
      • Flooring: Ceramic Tile, Hardwood, Wood
      • Windows: Casement, Energy Efficient
      • Basement: Full,Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 4,568
      • Total interior livable area: 4,568 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Patio & porch: Patio, Roof, Roof Deck
      • Exterior features: Sidewalks, Street Lights
      • Pool features: None
      • Has view: Yes
      • View description: City
      Lot
      • Size: 1,176 Square Feet
      • Dimensions: 18.00 x 65.32
      • Features: Corner Lot, Corner Lot/Unit
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 471011021
      • Zoning: RM1
      • Special conditions: Standard
      • Other equipment: Intercom

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Contemporary
      • Property subtype: Townhouse
      Materials
      • Masonry, Advanced Framing, Brick, Concrete
      • Foundation: Concrete Perimeter
      • Roof: Fiberglass,Flat
      Condition
      • Excellent
      • New construction: No
      • Year built: 2019

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Fire Sprinkler System
      • Subdivision: Francisville
      Location
      • Region: Philadelphia
      • Municipality: PHILADELPHIA

      Financial & listing details

      • Price per square foot: $252/sqft
      • Tax assessed value: $223,060
      • Annual tax amount: $3,122
      • Date on market: 4/8/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Exclusions: All Window Coverings, Including But Not Limited To Curtains, Drapes, Rods, Hardware, Shades, And Blinds, Are Excluded From The Sale. Additionally, Any Personal Property Or Belongings Owned By Current Tenants Are Expressly Excluded.
      • Ownership: Fee Simple
      • Total actual rent: 77940

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/21/2026Price change$1,149,000-13.3%$252/sqft
        Source: Bright MLS #PAPH2605536 Report a problem
        4/9/2026Listed for sale$1,325,000+23.3%$290/sqft
        Source: Bright MLS #PAPH2605536 Report a problem
        2/26/2020Sold$1,075,000-8%$235/sqft
        Source: Agent Provided Report a problem
        1/23/2020Pending sale$1,169,000$256/sqft
        Source: RE/MAX Elite #PAPH101101 Report a problem
        8/2/2019Listed for sale$1,169,000$256/sqft
        Source: RE/MAX Elite #PAPH101101 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Francisville

        Getting around

        86 / 100
        Very Walkable
        79 / 100
        Excellent Transit
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Philadelphia City

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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