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
Under contract
$299,900
1718 W Norris St, Philadelphia, PA 19121
7beds
5baths
2,308sqft
Townhouse
Built in 1915
-- sqft lot
$-- Zestimate®
$130/sqft
$-- HOA
What's special
- 25 days |
- 289 |
- 35 |
Zillow last checked:
Listing updated:
Listed by:
Mike Coleman 484-942-6266,
Keller Williams Realty Devon-Wayne 6106478300,
Co-Listing Agent: Danielle Redenbaugh 267-614-3971,
Keller Williams Realty Devon-Wayne
Source: Bright MLS,MLS#: PAPH2632718
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Basement
- Area: 400
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 2,308
- Total interior livable area: 2,308 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,307 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 321148305
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Block
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Septic
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $130/sqft
- Tax assessed value: $398,700
- Annual tax amount: $5,581
- Date on market: 6/11/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Total actual rent: 35400
- Income includes: Apartment Rentals
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Contingent | $299,900$130/sqft |
Source: | ||
| 6/11/2026 | Listed for sale | $299,900+274.9%$130/sqft |
Source: | ||
| 4/28/2009 | Sold | $80,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,581 +15.1% | $398,700 +15.1% |
| 2024 | $4,850 | $346,500 |
| 2023 | $4,850 +26% | $346,500 |
| 2022 | $3,849 | -- |
| 2021 | $3,849 -28.3% | -- |
| 2018 | $5,365 | -- |
| 2017 | $5,365 +11.3% | -- |
| 2016 | $4,822 +60.8% | -- |
| 2015 | $2,998 | -- |
| 2014 | $2,998 | $214,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: North Central
Nearby schools
GreatSchools rating
- 4/10Duckrey Tanner SchoolGrades: K-8Distance: 0.3 mi
- 9/10High School of Engineering & ScienceGrades: 7-12Distance: 0.1 mi
- 2/10Strawberry Mansion High SchoolGrades: 9-12Distance: 1.2 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Pennsylvania
- Philadelphia County
- Philadelphia
- 19121
- North Central
- 1718 W Norris St








