2518 Memphis St, Philadelphia, PA 19125
Local realty services provided by:Better Homes and Gardens Real Estate Premier
2518 Memphis St,Philadelphia, PA 19125
$149,900
- 2 Beds
- 1 Baths
- 1,176 sq. ft.
- Townhouse
- Active
Listed by: ryan f gallagher
Office: re/max access
MLS#:PAPH2614824
Source:BRIGHTMLS
Price summary
- Price:$149,900
- Price per sq. ft.:$127.47
About this home
Rare opportunity in red-hot Fishtown/Kensington area. This unique package deal at 2518 and 2520 Memphis Street features two turnkey rental units that have been established as a duplex since the 1980s by a longtime owner.
Unit 2518 is a large 1-bedroom, 1-bathroom first-floor apartment, while Unit 2520 offers a spacious 2-bedroom, 1-bathroom layout on the second floor. Both units have been updated over the last few years and are ready to generate immediate income. Savvy investors will recognize the massive value-add potential to make minor improvements and warrant significantly higher market rents.
The property features separate PECO and PGW utility meters for easy tenant management, with one shared water service located at 2518. The basement houses the building mechanicals and is easily accessible from a private exterior entrance on Firth Street.
Location is everything, and this property delivers. Tenants will love being just steps away from local favorites like Meetinghouse and Cook + Shaker, and just a short stroll from the vibrant Frankford Avenue corridor. Commuters are just 10 minutes from Center City and have rapid access to I-95.
Both units must be sold together. The property is being sold in strictly "as-is" condition, and the seller will not accept any zoning contingencies. The price for each parcel is 175k, NOT FOR BOTH PARCELS...
Contact an agent
Home facts
- Year built:1875
- Subdivision & Development:FISHTOWN
- Listing ID #:PAPH2614824
- Added:105 day(s) ago
- Updated:August 14, 2026 at 01:59 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Basement:Yes
- Basement Description:Full
- Living area:1,176 sq. ft.
Heating and cooling
- Heating:Baseboard - Hot Water, Natural Gas
Structure and exterior
- Year built:1875
- Building area:1,176 sq. ft.
- Lot area:0.02 Acres
- Architectural Style:Straight Thru
- Construction Materials:Masonry
- Foundation Description:Brick/Mortar
- Levels:2 Stories
Schools
- High school:KENSINGTON
Utilities
- Water:Public
- Sewer:No Septic System
Finances and disclosures
- Price:$149,900
- Price per sq. ft.:$127.47
- Tax amount:$3,989 (2025)
Parking
- Parking description:On Street
New listings near 2518 Memphis St
- New
$1,095,000Active4 beds 5 baths2,745 sq. ft.209 E Wildey St, PHILADELPHIA, PA 19125
MLS# PAPH2658630Listed by: COLDWELL BANKER REALTY - New
$190,000Active3 beds 1 baths1,088 sq. ft.1039 E Cheltenham Ave, PHILADELPHIA, PA 19124
MLS# PAPH2659430Listed by: RE/MAX ACCESS - Coming Soon
$599,900Coming Soon4 beds 3 baths2026 E Cumberland St, PHILADELPHIA, PA 19125
MLS# PAPH2659526Listed by: KELLER WILLIAMS MAIN STREET, PA - Open Sat, 1 to 4pmNew
$349,999Active3 beds 2 baths1,107 sq. ft.8942 Blue Grass Rd, PHILADELPHIA, PA 19152
MLS# PAPH2659844Listed by: WYNN REAL ESTATE LLC - New
$174,900Active3 beds 1 baths992 sq. ft.6067 Regent St, PHILADELPHIA, PA 19142
MLS# PAPH2659834Listed by: HOMESTARR REALTY - New
$187,000Active3 beds 2 baths977 sq. ft.5917 Addison St, PHILADELPHIA, PA 19143
MLS# PAPH2658526Listed by: IRON VALLEY REAL ESTATE OF BERKS - Coming SoonOpen Sun, 12 to 2pm
$649,900Coming Soon3 beds 2 baths724 Ellsworth St, PHILADELPHIA, PA 19147
MLS# PAPH2659718Listed by: HOUWZER, LLC - New
$242,000Active3 beds 3 baths1,676 sq. ft.3333 N 21st St, PHILADELPHIA, PA 19140
MLS# PAPH2659396Listed by: UNITED REAL ESTATE - New
$85,000Active3 beds 1 baths1,140 sq. ft.812 S Cecil St, PHILADELPHIA, PA 19143
MLS# PAPH2659804Listed by: ANCHOR REALTY NORTHEAST - Coming Soon
$259,900Coming Soon3 beds 2 baths5625 Arbor St, PHILADELPHIA, PA 19120
MLS# PAPH2659806Listed by: HARVEST REALTY GROUP LLC