Introducing 1731 W Montgomery Ave — a stunning newly constructed 3-unit multifamily property in the heart of the Temple University area. Completed in 2023, this luxury asset combines high-end modern finishes and exceptional cash flow, making it a truly turnkey investment opportunity. The property benefits from a 10-year tax abatement and is fully leased through 2027, providing stable long-term income with current in-place rents totaling $9,550 per month. Designed with both durability and tenant appeal in mind, the building features contemporary kitchens, modern bathrooms, in-unit laundry, and thoughtfully designed living spaces that consistently attract quality tenants. Located just steps from Temple University, public transportation, dining, and major development throughout the surrounding area, 1731 W Montgomery Ave offers investors a rare combination of newer construction, tax advantages, and stabilized income in one of Philadelphia’s strongest rental markets.
Under contract
$999,999
1731 W Montgomery Ave, Philadelphia, PA 19121
16beds
12baths
3,510sqft
:
Get pre-qualified$6,305/mo
Townhouse
Built in 2022
-- sqft lot
$962,900 Zestimate®
$285/sqft
$-- HOA
What's special
Thoughtfully designed living spacesContemporary kitchensHigh-end modern finishesModern bathroomsIn-unit laundry
- 65 days |
- 13 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Chris Carr 855-885-4663,
HomeZu (855) 885-4663
Source: Bright MLS,MLS#: PAPH2624150
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 12
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,510
- Total interior livable area: 3,510 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,562 Square Feet
- Dimensions: 18.00 x 88.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 321117801
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $285/sqft
- Tax assessed value: $82,400
- Annual tax amount: $1,153
- Date on market: 5/22/2026
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
- Income includes: Apartment Rentals
Estimated market value
$962,900
$915,000 - $1.01M
$1,292/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Contingent | $999,999$285/sqft |
Source:  Bright MLS #PAPH2624150 Report a problem | ||
| 5/22/2026 | Listed for sale | $999,999+325.5%$285/sqft |
Source: Bright MLS #PAPH2624150 Report a problem | ||
| 6/27/2022 | Sold | $235,000-2.7%$67/sqft |
Source: Bright MLS #PAPH2075268 Report a problem | ||
| 3/9/2022 | Pending sale | $241,500$69/sqft |
Source: Bright MLS #PAPH2075268 Report a problem | ||
| 1/31/2022 | Listed for sale | $241,500$69/sqft |
Source: Bright MLS #PAPH2075268 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,153 | $82,400 +40.9% |
| 2024 | -- | $58,500 |
| 2023 | -- | $58,500 |
| 2022 | -- | -- |
| 2021 | -- | -- |
| 2018 | $820 | -- |
| 2017 | -- | -- |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | $58,600 +7225% |
| 2012 | -- | $800 |
| 2011 | -- | $800 |
| 2010 | -- | $800 |
| 2009 | -- | $800 |
| 2008 | -- | $800 |
| 2007 | -- | $800 |
| 2006 | -- | $800 |
| 2005 | -- | $800 |
| 2004 | -- | $800 |
| 2003 | -- | $800 |
| 2002 | -- | $800 |
| 2000 | -- | $800 |
| 1999 | -- | $800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: North Central
Nearby schools
GreatSchools rating
- 4/10Meade Gen George C SchoolGrades: PK-8Distance: 0.2 mi
- 9/10High School of Engineering & ScienceGrades: 7-12Distance: 0.2 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.
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A local agent can set up tours, give advice and negotiate with sellers.
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