Exceptional turnkey investment opportunity featuring a fully leased new construction triplex generating $6,350 per month ($76,200 annually) and benefiting from a valuable 10-year tax abatement. This low-maintenance asset offers separate electric meters, modern construction, and strong in-place cash flow. The property consists of a 4-bedroom, 4-bath bi-level unit rented at $2,650/month, plus two 2-bedroom, 2-bath units rented at $1,800 and $1,900/month, with the top-floor unit featuring private roof deck access and skyline views. Each residence includes granite countertops, stainless steel appliances, luxury vinyl flooring, recessed lighting, central HVAC, in-unit laundry, and security system access. Strategically located just minutes from Temple University, Temple University Hospital, and within close proximity to Center City, Drexel University, the University of Pennsylvania, Jefferson Hospital, and other major medical and educational institutions, this fully occupied property is ideally positioned to attract a strong and consistent tenant base. With immediate income, minimal capital expenditure requirements, and strong long-term rental demand, this asset presents an outstanding opportunity for investors seeking stable cash flow and future appreciation in one of Philadelphia's fastest-growing neighborhoods.
New construction
$725,000
2209 N 7th St, Philadelphia, PA 19133
4beds
4baths
--sqft
Triplex
Built in ----
-- sqft lot
$706,600 Zestimate®
$--/sqft
$-- HOA
What's special
- 23 days |
- 108 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Valerie Yosef 215-627-6005,
BHHS Fox & Roach-Center City Walnut (215) 627-6005
Source: Bright MLS,MLS#: PAPH2638474
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Basement
- Area: 0
Heating
- Central, Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Flooring: Luxury Vinyl
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,552 Square Feet
- Dimensions: 18.00 x 85.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 371057500
- Zoning: CMX2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Triplex
Materials
- Brick Front
- Foundation: Concrete Perimeter, Permanent
Condition
- Excellent
- New construction: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Norris Square
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $67,200
- Annual tax amount: $940
- Date on market: 6/17/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Estimated market value
$706,600
$671,000 - $742,000
$1,509/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $725,000-9.3% |
Source: | ||
| 6/11/2026 | Listing removed | $799,000 |
Source: | ||
| 4/15/2026 | Price change | $799,000-8.7% |
Source: | ||
| 3/19/2026 | Price change | $875,000-2.8% |
Source: | ||
| 3/6/2026 | Listed for sale | $900,000 |
Source: | ||
| 3/1/2026 | Listing removed | $900,000 |
Source: | ||
| 6/19/2025 | Listed for sale | $900,000+520.7% |
Source: | ||
| 9/1/2023 | Sold | $145,000-6.5% |
Source: | ||
| 8/24/2023 | Pending sale | $155,000 |
Source: | ||
| 8/10/2023 | Contingent | $155,000 |
Source: | ||
| 8/9/2023 | Price change | $155,000+3.3% |
Source: | ||
| 6/29/2023 | Price change | $150,000+3.4% |
Source: | ||
| 6/19/2023 | Price change | $145,000-0.6% |
Source: | ||
| 6/15/2023 | Price change | $145,900-2.1% |
Source: | ||
| 6/7/2023 | Price change | $149,000-0.6% |
Source: | ||
| 6/1/2023 | Price change | $149,900-0.1% |
Source: | ||
| 5/8/2023 | Listed for sale | $150,000+62.2% |
Source: | ||
| 3/25/2020 | Sold | $92,500+189.1% |
Source: Public Record Report a problem | ||
| 1/4/2019 | Sold | $32,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $941 +833.3% | $67,200 +833.3% |
| 2024 | $101 | $7,200 |
| 2023 | $101 | $7,200 |
| 2022 | $101 | -- |
| 2021 | $101 | -- |
| 2018 | $101 | -- |
| 2017 | $101 | -- |
| 2016 | $101 | -- |
| 2015 | $101 | -- |
| 2014 | $101 +4.5% | $7,200 +1306.3% |
| 2012 | $96 | $512 |
| 2011 | -- | $512 |
| 2010 | -- | $512 |
| 2009 | -- | $512 |
| 2008 | -- | $512 |
| 2007 | -- | $512 +6.7% |
| 2006 | -- | $480 +200% |
| 2005 | -- | $160 |
| 2004 | -- | $160 |
| 2003 | -- | $160 |
| 2002 | -- | $160 |
| 2000 | -- | $160 |
| 1999 | -- | $160 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Hartranft
Nearby schools
GreatSchools rating
- 4/10Hartranft John F SchoolGrades: K-8Distance: 0.3 mi
- 3/10Kensington Creative & Performing Arts High SchoolGrades: 9-12Distance: 0.8 mi
- 2/10Kensington High SchoolGrades: 9-12Distance: 1 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.








