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Sold for $725,000
  • $725,000

    2427 Brown St, Philadelphia, PA 19130

    4beds
    3baths
    2,808sqft
    Triplex
    Built in 1915
    -- sqft lot
    $725,200 Zestimate®
    $258/sqft
    $2,476 Estimated rent

    Home value

    $725,200

    $689,000 - $761,000

    $2,476/mo

    Zestimate® history
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    $2,476/mo

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    $4,453/mo

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    What's special

    Constructed of solid brickConvenience of in-unit laundryExcellent natural lightBright open layoutsCorner property
    7 CAP INVESTOR ALERT!!!!!!! - 2427 Brown Street presents a prime location, fully leased, all residential triplex in the heart of Fairmount, one of Philadelphia’s most desirable and consistently strong rental markets. This well-maintained, corner property, legally zoned 3-family dwelling spans approximately 2,800 square feet and features an efficient unit mix of two one-bedroom units and one two-bedroom unit, appealing to a broad tenant base. Unit 1 is a 1 bed / 1 bath currently rented for $1,838 per month with a lease expiration of 5/31/2027, Unit 2 is a 1 bed / 1 bath rented for $1,885 per month with a lease expiration of 5/31/2027, and Unit 3 is a 2 bed / 1 bath rented for $1,849 per month with a lease expiration of 5/31/2027, bringing the total gross monthly rent to $5,572. Each unit offers bright, open layouts with excellent natural light and the convenience of in-unit laundry, supporting strong tenant retention and long-term rental performance. The property is 100% occupied with stable tenancy in place, providing immediate cash flow with minimal turnover risk. Constructed of solid brick with a full basement, the building has been well cared for and operates with straightforward expenses, making it a true turnkey asset with additional upside potential. Located just steps from Fairmount Avenue, the Art Museum, and major Center City access points, the property benefits from exceptional walkability, consistent tenant demand, and strong long-term appreciation potential, making it an ideal acquisition for both seasoned investors and those looking to enter the multifamily market in a prime location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Frank DeFazio 610-636-4364,

    BHHS Fox & Roach-Center City Walnut

    Bought with:

    Sela Fallt, RS374102

    KW Empower

    Source: Bright MLS,MLS#: PAPH2611022MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Basement
    • Area: 0
    Heating
    • Hot Water, Natural Gas
    Cooling
    • Wall Unit(s), Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,808
    • Total interior livable area: 2,808 sqft

    Property

    Parking
    • Parking features: Public, On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 1,233 sqft
    • Dimensions: 18.00 x 69.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 152261700
    • Zoning: CMX1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Triplex
    Materials
    • Brick
    • Foundation: Other
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Subdivision: Art Museum Area
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/12/2026Sold$725,000$258/sqft
    Source: Bright MLS #PAPH2611022 Report a problem
    6/11/2026Pending sale$725,000$258/sqft
    Source: Bright MLS #PAPH2611022 Report a problem
    5/25/2026Contingent$725,000$258/sqft
    Source: Bright MLS #PAPH2611022 Report a problem
    4/21/2026Listed for sale$725,000+22.9%$258/sqft
    Source: Bright MLS #PAPH2611022 Report a problem
    12/21/2018Sold$590,000-5.6%$210/sqft
    Source: Agent Provided Report a problem
    11/13/2018Pending sale$625,000$223/sqft
    Source: Coldwell Banker Preferred - Center City #PAPH101344 Report a problem
    11/1/2018Listed for sale$625,000+31.6%$223/sqft
    Source: CB Preferred-Center City #PAPH101344 Report a problem
    3/28/2014Sold$475,000-5%$169/sqft
    Source: Agent Provided Report a problem
    11/8/2013Price change$499,9000%$178/sqft
    Source: Higgins & Welch Real Estate, Inc. #6274061 Report a problem
    9/5/2013Listed for sale$499,999$178/sqft
    Source: Higgins & Welch Real Estate, Inc. #6274061 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Fairmount

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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.

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    Estimated market value
    $725,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $725,200