1816 W Girard Ave, Philadelphia, PA 19130
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
1816 W Girard Ave,Philadelphia, PA 19130
$789,000
- 6 Beds
- - Baths
- 2,595 sq. ft.
- Multi-family
- Active
Listed by: peter van der vlugt
Office: compass pennsylvania, llc.
MLS#:PAPH2638684
Source:BRIGHTMLS
Price summary
- Price:$789,000
- Price per sq. ft.:$304.05
About this home
1816 W Girard, a true unicorn in today's multifamily market, is a recently renovated, fully occupied, cash-flowing triplex located on the thriving Girard Avenue corridor in Philadelphia's rapidly growing Francisville neighborhood. This turnkey multifamily asset consists of three spacious 2-bedroom, 1-bathroom apartments, each featuring central air conditioning, natural gas forced-air heating, modern finishes, and in-unit laundry.
Extensively renovated in 2020, the property offers investors a rare combination of strong in-place cash flow and limited near-term capital expenditure requirements. Offered at an impressive in-place cap rate of 9.3%, the building is currently 100% occupied by long-term Housing Choice Voucher (Section 8) tenants, with recent tenant renewals providing a proven history of stable occupancy and consistent income. In a market increasingly dominated by low-yield, value-add offerings marketed on projected future returns, 1816 W Girard delivers strong cash flow and investment performance from day one.
This one-of-a-kind late Victorian brownstone features a private rear patio exclusive to the first-floor unit, a private upper balcony, and dedicated basement storage areas for tenants. The property's flexible layout, updated mechanical systems, and desirable unit configurations position it for continued rental demand in one of Philadelphia's strongest urban submarkets.
Ideally situated along the Girard Avenue commercial corridor, tenants enjoy immediate access to SEPTA transit, the Broad Street Line, Center City, Temple University, Fairmount, Brewerytown, the Philadelphia Museum of Art, and numerous neighborhood restaurants, retail destinations, and employment centers.
Whether you're seeking reliable day-one cash flow, a 1031 exchange opportunity, or a well-located multifamily asset with long-term appreciation potential, 1816 W Girard Avenue offers an attractive combination of location, stability, and investment performance.
48hr notice required for showings. Financials, rent roll, and operating expenses available upon request....
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Home facts
- Year built:1915
- Listing ID #:PAPH2638684
- Added:10 day(s) ago
- Updated:June 28, 2026 at 08:35 PM
Rooms and interior
- Bedrooms:6
- Rooms Total:12
- Basement:Yes
- Basement Description:Full
- Living area:2,595 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1915
- Building area:2,595 sq. ft.
- Lot area:0.03 Acres
- Architectural Style:Victorian
- Construction Materials:Masonry
- Foundation Description:Stone
Utilities
- Water:Public
- Sewer:Public Septic
Finances and disclosures
- Price:$789,000
- Price per sq. ft.:$304.05
- Tax amount:$5,916 (2026)
Parking
- Parking description:On Street
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