$542,500

Property Description

A rare opportunity to acquire a fully leased, cash-flowing duplex in one of Philadelphia's most consistently in-demand rental submarkets. Built in 2013 and offering approximately 2,352 square feet, 1916 N 17th Street sits just steps from Temple University, placing it squarely in a market with deep, renewing tenant demand year after year. Both units are currently occupied under leases running through July 25, 2027, delivering immediate, stabilized income with no lease-up risk. Unit A offers 4 bedrooms and 2 bathrooms at $2,000/month, while the larger Unit B offers 6 bedrooms and 3 bathrooms at $3,420/month - a combined $5,420/month ($65,040/year) in in-place rental income from day one. Beyond the numbers, the location does the heavy lifting: walkable to campus, public transit, major commuter routes, dining, and shopping, this is the kind of address that keeps units filled and turnover low. For investors seeking a turnkey, income-producing multifamily asset with locked-in cash flow and minimal management lift, this property checks every box. Can be sold as a package with 1705 W Norris St

Property Facts & Features

Property Type

Multi Family

Status

Active

Listed

Aug 27, 2026

Price per Sq Ft

$231/sqft

ZIP Code

19121

Parking

On Street

Heating

Yes

Cooling

Central A/C

Construction

Masonry

Property Tax (2026)

$7,792/yr

Assessed Value

$556,700

Last Sold

$475,000 · Sep 2, 2013

Neighborhood

North Central

County

Philadelphia

School District

The School District of Philadelphia

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 39.98280 · Lng -75.16212