Fully occupied 7-unit apartment building featuring six 1-bedroom apartments and one 2-bedroom apartment. All units are currently occupied and producing rental income. Current monthly gross rental income is approximately $5,910, or $70,920 annually. Landlord is responsible for cold water, trash, exterminating, snow removal and landscaping. Building has one house electric meter. All tenants are currently in place, and the property has clean common hallways and well-maintained areas. Most leases are month-to-month with 60 days' notice; the Section 8 tenancy requires 30 days' notice. Property is subject to real estate taxes. Seller is also addressing the real estate tax assessment, with the applicable appeal deadline in October 2026. Strong opportunity for an investor seeking a fully occupied Philadelphia multifamily property with established rental income and multiple units. Buyer to independently verify all rents, leases, expenses, utility arrangements, unit configurations, and Section 8 information.
For sale
Price cut: $12.5K (10/17)
$875,500
1722 N 7th St, Philadelphia, PA 19122
8beds
--baths
3,600sqft
Multi Family
Built in 1915
-- sqft lot
$840,200 Zestimate®
$243/sqft
$-- HOA
What's special
Clean common hallwaysWell-maintained areas
- 29 days
- 133
- 16
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
TINA TAN 267-538-8606,
Premium Realty Castor Inc 2157257080,
Co-Listing Agent: James Gorecki 610-639-0168,
Premium Realty Castor Inc
Source: Bright MLS,MLS#: PAPH2679240
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
Basement
- Area: 450
Heating
- Baseboard, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 4,050
- Total interior livable area: 3,600 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
- Frontage length: Road Frontage: 34
Lot
- Size: 2,848 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 881075920
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Georgian
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Olde Kensington
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $243/sqft
- Tax assessed value: $523,700
- Annual tax amount: $7,224
- Date on market: 10/8/2026
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Estimated market value
$840,200
$798,000 - $882,000
$1,440/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2026 | Price change | $875,500-1.4%$243/sqft |
Source: | ||
| 10/8/2026 | Listed for sale | $888,000$247/sqft |
Source: | ||
| 11/12/2025 | Listing removed | $950 |
Source: Zillow Rentals Report a problem | ||
| 10/14/2025 | Price change | $950-4.5% |
Source: Zillow Rentals Report a problem | ||
| 10/7/2025 | Price change | $995-7.4% |
Source: Zillow Rentals Report a problem | ||
| 9/19/2025 | Listed for rent | $1,075 |
Source: Zillow Rentals 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.Climate risks
Neighborhood: Ludlow
Nearby schools
Schools provided by the listing agent
- Elementary: Ludlow James
- High: Penn Treaty
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







