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2116 N FRANKLIN STREETPHILADELPHIA, PA 19122

Multi-Family · 1,500 Sq. ft. | 0.02 Acres
$559,000 ACTIVE

2116 N FRANKLIN STREET Overview

Time on Site:
347 days
Visits:
6

Attention all investors! This beautifully renovated duplex offers the perfect blend of modern comfort and investment potential! Featuring two distinct units, this property is ideal for owner-occupants, investors, or multi-generational living. Step into this spacious and thoughtfully designed first floor unit unit featuring an open-concept living area that maximizes every square foot. The generous one bedroom offers ample natural light and closet space, while the full bathroom showcases modern fixtures and finishes and an in unit washer and dryer. Perfect for young professionals, house hacker, or as a rental unit with strong income potential. The second floor features impressive bi-level second and third floor unit provides the feel of a single-family home within the duplex structure. The main level features an inviting living area and kitchen, bedroom and full bathroom, while the upper level houses 2 well-appointed bedrooms and a full bathrooms. Currently rented for $1800 per month! Investor special!

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2116 N FRANKLIN STREET Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,500
  • Price/Sq.ft. $373
  • Lot 0.02 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Long Term

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 1500
  • Year Built: 1960

Location/Region

  • Country: US
  • County: PHILADELPHIA
  • County Or Parish: PHILADELPHIA
  • MLS Area Major: 19122 (19122)

Parking Information

  • Type of Parking: On Street

Tax Information

  • City/Town Tax: 1853.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • School Tax: 2359.00
  • Tax Annual Amount: $4,213.00
  • Tax Assessed Value: 301000.00
  • Tax Year: 2024

General Information

  • Property Sub Type: Duplex
  • Property Type: Multi-Family
  • Rent Control: No
  • School District Name: PHILADELPHIA CITY
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2025
  • Zoning: RM1

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Twin/Semi-Detached

Building Interior

  • Above Grade Finished Area: 1500
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 0
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: Doors - Swing In
  • Cooling: Ductless/Mini-Split
  • Fireplace: No
  • Foundation Details: Permanent
  • Living Area: 1500
  • Living Area Source: Assessor

Unit Information

  • One Bedroom Units Count: 1
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 1
  • Two Bedroom Units Count: 0

Exterior

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Size Dimensions: 14.00 x 70.00
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 991.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

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

Building Exterior/Construction

  • Architectural Style: Bi-level
  • Construction Materials: Masonry

General Information

  • Number Of Units Leased: 1
  • Number Of Units Total: 1
  • Number Of Units Vacant: 1
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

2116 N FRANKLIN 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.

2116 N FRANKLIN 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.

2116 N FRANKLIN STREET Market Data

Based on the last 30 days in this zip code

$445,656
Average List Price
$257
Average Price per Square Foot
19
Properties Sold
100
Average Days on Market
134
Properties for Sale
Calculations provided by Reliance Network

2116 N FRANKLIN STREET History

Date Event Value Agent
4/9/2026Source: BRIGHT MLS Price Reduction
$559,000 -0.2%
3/10/2026Source: BRIGHT MLS Price Reduction
$560,000 -0.7%
2/17/2026Source: BRIGHT MLS Price Reduction
$564,000 -0.2%
1/28/2026Source: BRIGHT MLS Price Reduction
$565,000 -0.5%
1/17/2026Source: BRIGHT MLS Price Reduction
$568,000 -0.2%
1/8/2026Source: BRIGHT MLS Price Reduction
$569,000 -0.2%
12/20/2025Source: BRIGHT MLS Price Reduction
$570,000 -0.9%
12/8/2025Source: BRIGHT MLS Price Reduction
$575,000 -1.7%
11/14/2025Source: BRIGHT MLS Price Reduction
$585,000 -0.8%
10/16/2025Source: BRIGHT MLS Price Reduction
$590,000 -1.5%
7/17/2025Source: BRIGHT MLS Added to Database
July 17, 2025
12/3/2024Source: BRIGHT MLS Added to Database
August 09, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 13, 2021
12/3/2024Source: BRIGHT MLS Price Reduction
$149,999 -9.1%
12/3/2024Source: BRIGHT MLS Added to Database
October 20, 2023
12/3/2024Source: BRIGHT MLS Status Change
ACTIVE UNDER CONTRACT
12/3/2024Source: BRIGHT MLS Status Change
CLOSED
Listing provided courtesy of RE/MAX Ready- MLS# PAPH2517486MLS ProviderContact Information: [email protected] - 6108286300