1719 W Norris St, Philadelphia, PA 19121

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
1719 W Norris St,Philadelphia, PA 19121
$500,000
  • 8 Beds
  • - Baths
  • 2,499 sq. ft.
  • Multi-family
  • Active
Listed by: katherine vail
Office: elfant wissahickon-rittenhouse square
MLS#:PAPH2581420
Source:BRIGHTMLS

Price summary

  • Price:$500,000
  • Price per sq. ft.:$200.08

About this home

**Prime Temple University Investment Opportunity | 10.93% Cap Rate !** This turnkey triplex offers exceptional cash flow in Temple University's high-demand rental corridor. The 14-year-old new build combines an institutional-grade location with flexible income strategies to maximize investor returns. The property delivers a verified 10.93% cap rate based on current operations. Configured as two 3-bedroom, 3-bathroom units plus one 2-bedroom, 3-bathroom unit, it currently operates as successful short-term rentals with seamless conversion capability to long-term leases. For temple students and families, there's an attractive house-hacking opportunity to occupy one unit while generating income from the remaining two. Situated in Temple University's core rental market, the property benefits from consistent tenant demand and strong rent growth fundamentals that characterize this established student housing corridor. The well-maintained building showcases premium finishes throughout,...

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Home facts

  • Year built:2011
  • Listing ID #:PAPH2581420
  • Added:53 day(s) ago
  • Updated:March 31, 2026 at 01:32 PM

Rooms and interior

  • Bedrooms:8
  • Rooms Total:8
  • Flooring:Engineered Wood
  • Basement:Yes
  • Basement Description:Daylight, Full, Improved, Interior Access, Sump Pump, Windows
  • Living area:2,499 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:2011
  • Building area:2,499 sq. ft.
  • Lot area:0.03 Acres
  • Architectural Style:Colonial
  • Construction Materials:Masonry
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Septic, Public Sewer

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$200.08
  • Tax amount:$7,735 (2026)

Parking

  • Parking description:On Street

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