$1,150,000
1108 Lo••••• St (Sign up for 50 free credits to unlock)Philadelphia, PA 19107
Property Description
Welcome to 1108 Locust Street - An exceptional opportunity to own a beautiful, fully occupied triplex in the heart of Philadelphia's highly sought-after Washington Square West neighborhood. Apartment 1 | First Floor + Partially Finished Basement: Spacious bi-level 1-bedroom, 1.5-bath residence featuring a versatile bonus room-perfect as a home office, den, or guest space. This well-appointed unit offers a modern kitchen and bath. Currently leased for $2,500/month. Apartment 2 | Second Floor: Beautifully renovated 1-bedroom, 1-bath apartment showcasing a contemporary kitchen with a center island, spacious walk-in closet, and a stylish tiled bathroom. Currently leased for $2,000/month. Apartment 3 | Third Floor: Bright and inviting 1-bedroom, 1-bath apartment with a spacious walk-in closet. Currently leased for $2,000/month. Property Highlights: Fully occupied with a current gross monthly rental income of $6,500, separate gas and electric meters, individual water heaters for every apartment, central air conditioning and heating throughout, in-unit washer and dryer in all three apartments, and beautifully, renovated hallway. Prime Washington Square West Location - ideally situated just steps from some of Philadelphia's best cafes, restaurants, boutiques, and neighborhood favorites. Enjoy easy access to Pennsylvania Hospital, Jefferson University Hospital, PATCO, the Broad Street Line, Regional Rail, and multiple bus routes, making commuting throughout the city and beyond incredibly convenient. With modern upgrades, dependable cash flow, and an unbeatable Center City location, 1108 Locust Street presents a wonderful opportunity to own a turnkey, multi-family property in one of Philadelphia's most desirable neighborhoods.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Jul 14, 2026
- Price per Sq Ft
- $483/sqft
- ZIP Code
- 19107
- Heating
- Central
- Cooling
- Central A/C
- Construction
- Masonry
- Style
- Traditional
- Property Tax (2026)
- $10,820/yr
- Assessed Value
- $773,000
- Last Sold
- $900,000 · Sep 20, 2018
- Neighborhood
- Washington Square West
- County
- Philadelphia
- School District
- The School District of Philadelphia
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Land Info
- Lot Size Acres: 0.0235767
- Lot Size Square Feet: 1027
Multi-Unit Info
- Number of Units: 3
- Number of 1 Bedroom Units: 3
- Number of 2 Bedroom Units: 0
- Number of 3 Bedroom Units: 0
Garage and Parking
- Parking Total: 0
School Information
- School District: PHILADELPHIA CITY
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Central
- Heating: Yes
Other Property Info
- Annual Tax Amount: 10820
- Source Listing Status: Active
- County: PHILADELPHIA
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Neighborhood: WASHINGTON SQ WEST
- Postal Code Plus 4: 6732
- Subdivision: WASHINGTON SQ WEST
- Township: PHILADELPHIA
- Property Subtype: Triplex
Building and Construction
- Total Square Feet Living: 2380
- Year Built: 1920
- Above Grade Finished Area: 2380
- BelowGradeFinishedArea: 0
- Construction Materials: Masonry
- Property Age: 106
- Structure Type: End of Row/Townhouse
- Total Area Sqft: 2380
- Architectural Style: Traditional
Location
Lat 39.94752 · Lng -75.15996