1421 N 18th St, Philadelphia, PA 19121

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Sold Price
$605,000
List Price
$629,000
Closing Date
Sep 30, 2026
Days on Market
148
Status
CLOSED
MLS#
PAPH2594782
Living Area
3,836
Style
Traditional
Year Built
2016
County
Philadelphia
School District
Philadelphia City

Property Description

LOW TAXES + INCOME PRODUCING - Exceptional turn-key investment opportunity in the rapidly developing 19121 neighborhood. This well-maintained triplex features three spacious units, each offering 4 bedrooms and 4 full bathrooms, with every bedroom boasting its own private en-suite bathroom—a highly desirable layout for student housing or shared living arrangements. Each unit also includes in-unit laundry, modern finishes, and functional floor plans designed for comfortable multi-tenant living. The property is fully rented, generating a strong annual rent roll of $66,600, providing immediate and stable cash flow for the next owner. An additional benefit is one year remaining on the tax abatement, helping to keep operating expenses lower in the near term. The property is also professionally managed, offering a seamless transition for investors seeking a turnkey asset. Conveniently located near Temple University, public transportation, and neighborhood amenities, this property is well positioned for continued rental demand. A rare opportunity to acquire a cash-flowing, low-maintenance triplex with an ideal bedroom-to-bathroom layout in a strong rental market.

Additional Information

Area
19121 (19121)
School District
Philadelphia City
Heating
Forced Air
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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Listing courtesy of KW Empower. Contact:

Selling Office: Keys & Deeds Realty.