1917 N 7TH STREETPHILADELPHIA, PA 19122

Multi-Family · 7,180 Sq. ft. | 0.06 Acres
$1,540,000 ACTIVE

1917 N 7TH STREET Overview

Time on Site:
68 days
Visits:
11

Philly CRE Advisors is pleased to present a strong, stabilized investment opportunity in one of Philadelphia's most active and rapidly transforming submarkets. Built in 2019, this modern six unit multifamily property combines durable new construction with reliable in place income, ideally positioned just steps from Temple University's main campus and minutes from the continued growth along North Broad Street, Fishtown, and Northern Liberties. The property is fully leased and professionally managed, offering a highly desirable unit mix that includes four two bedroom two bathroom units, one three bedroom three and a half bathroom unit, and one expansive four bedroom four bathroom residence with private backyard access. Each unit is thoughtfully designed with contemporary finishes, open concept layouts, and in unit laundry, catering to both Temple's student population and young professionals while supporting consistent occupancy and strong rental performance. Current rents remain below projected market levels, presenting a clear value add opportunity through lease turnover, renewals, and strategic rent increases. The asset currently generates approximately $140,580 in annual income with a projected pro forma of $145,800, all while maintaining an efficient expense ratio of approximately 23%. Additionally, there are approximately three years remaining on the original ten year tax abatement, providing meaningful near term expense savings and enhanced cash flow. From a broader market perspective, the location continues to benefit from Temple University's ongoing campus expansion, sustained redevelopment along the North Broad corridor, and the continued momentum of nearby Fishtown and Northern Liberties. This convergence has driven increased investor demand, rising rental rates, and long term appreciation across the surrounding neighborhoods. The property is also located within a Qualified Opportunity Zone, offering potential tax advantages for investors seeking to maximize after tax returns. As an added incentive, the offering includes one year of free property management, providing immediate operational support and increased net income for investors. Capitalize on this exceptional opportunity to acquire a turnkey, high-yield investment offering built-in management support and strong long-term growth potential.

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1917 N 7TH STREET Facts & Features

  • Type Multi-Family
  • Sq. ft. 7,180
  • Price/Sq.ft. $214
  • Lot 0.06 Acres

Details

General

Income/Expenses

  • Gross Income: 140580.00
  • Net Operating Income: 108862.00
  • Operating Expense: 31718.00

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 7180
  • Year Built: 2018

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19122 (19122)
  • Subdivision Name: TEMPLE UNIVERSITY

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: None

Tax Information

  • City/Town Tax: 569.00
  • City/Town Tax Payment Frequency: Annually
  • School Tax: 725.00
  • Tax Annual Amount: $1,295.00
  • Tax Assessed Value: 92520.00
  • Tax Year: 2025

General Information

  • Municipal Trash: Yes
  • Property Condition: Excellent
  • Property Sub Type: Other
  • Property Type: Multi-Family
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: RM1

Unit Information

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Electric

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Interior Row/Townhouse

Building Interior

  • Above Grade Finished Area: 7180
  • Above Grade Finished Area Source: Estimated
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Estimated
  • Below Grade Finished Area Units: Square Feet
  • Central Air: Yes
  • Hot Water: Electric

General Information

  • Accessibility Features: None
  • Basement: No
  • Cooling: Central A/C
  • Fireplace: No
  • Foundation Details: Other
  • Living Area: 7180
  • Living Area Source: Estimated

Unit Information

  • One Bedroom Units Count: 0
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 2
  • Two Bedroom Units Count: 4

Exterior

Lot Information

  • Lot Size Source: Estimated
  • Lot Size Square Feet: 2500.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Masonry

General Information

  • Number Of Units Leased: 6
  • Number Of Units Total: 4
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 2

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 2

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 2

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 3

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 4

1917 N 7TH STREET Neighborhood

Community

19122 (PHILADELPHIA) Demographics

28
Median Age
16,599
Population Density (per sq. mile)
36%
College Educated
$44,758
Estimated Median Income
2,844
Estimated Total Home Owners
3,955
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

1917 N 7TH STREET Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1917 N 7TH STREET Market Data

Based on the last 30 days in this zip code

$443,313
Average List Price
$255
Average Price per Square Foot
19
Properties Sold
101
Average Days on Market
134
Properties for Sale
Calculations provided by Reliance Network

1917 N 7TH STREET History

Date Event Value Agent
6/9/2026Source: BRIGHT MLS Price Reduction
$1,540,000 -0.6%
Philly Home Advisors
Listing Agent
6/9/2026Source: BRIGHT MLS Price Reduction
$1,540,000 -0.6%
Philly Home Advisors
Listing Agent
4/22/2026Source: BRIGHT MLS Added to Database
April 22, 2026
Philly Home Advisors
Listing Agent
4/1/2026Source: BRIGHT MLS Added to Database
April 01, 2026
Philly Home Advisors
Listing Agent
Listing provided courtesy of BHHS Fox & Roach-Center City Walnut- MLS# PAPH2611412MLS ProviderContact Information: 2156276005