1704 N 18TH ST, Philadelphia, PA 19121
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1704 N 18TH ST, Philadelphia, PA 19121
1704 N 18TH ST, Philadelphia, PA 19121
1704 N 18TH ST, Philadelphia, PA 19121
1704 N 18TH ST, Philadelphia, PA 19121
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Eric Melo

Eric Melo

+1(862) 242-9649
Listed by Rayma Abdallah • KW Empower
$ 875,000
Est. payment /mo
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1704 N 18TH ST Philadelphia, PA 19121

4,600 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 4,600 sqft

Price per Sqft $190

MLS Listing ID PAPH2642984

Style Traditional

Abv Grd Liv Area 4,600

Year Built 2016

Available Date 2026-07-03

Annual Tax Amount $7,821

Tax Year 2026

Lot Size 1,841 Sqft

Acres 0.04

Lot Dimensions 16 x 93

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

This FULLY OCCUPIED four-unit investment property offers a rare opportunity to generate immediate cash flow just a short walk from Temple University. LEASED THROUGH THE 2026/2027 SCHOOL YEAR, the property produces $7,300 per month ($87,600 annually) with tenants paying all utilities, resulting in an attractive 6.1% cap rate. The unit mix includes Unit 1: 5 bedrooms, 4 bathrooms and Units 2 to 4: 3 bedrooms, 2 bathrooms each, making it well-positioned for consistent student housing demand. Residents also benefit from three shared off-street parking spaces, a valuable amenity in this highly sought-after location. Inside, each residence showcases spacious open-concept living areas with rich hardwood flooring, contemporary finishes, recessed lighting, dark espresso interior doors, and well-appointed kitchens featuring shaker cabinetry, quartz-style countertops, black appliance packages, and generous cabinet storage. Plush carpeting creates comfortable bedroom retreats, while stylish bathrooms feature walk-in glass showers with oversized charcoal tile, pebble-style shower flooring, and modern vanities. Additional highlights include a fully finished basement, dedicated laundry with Samsung washer and dryer, included refrigerators, washers, and dryers, and a private rear concrete patio enclosed by mature landscaping for added outdoor enjoyment.

Located approximately a 10-minute walk to Temple University's main campus, this property sits in one of Philadelphia's strongest rental markets with exceptional convenience. Commuters enjoy quick access to Broad Street, I-676, I-76, and Roosevelt Boulevard, while nearby SEPTA Broad Street Line stations, regional rail service, and multiple bus routes make traveling throughout the city effortless. The neighborhood is surrounded by everyday conveniences, including Fresh Grocer, ALDI, restaurants and cafés along Cecil B. Moore Avenue and Broad Street, Temple University Hospital, and nearby fitness options. Outdoor recreation is just minutes away at Fairmount Park, Smith Memorial Playground, and the Schuylkill River Trail, while Center City, the Philadelphia Museum of Art, Boathouse Row, and numerous dining, shopping, and entertainment destinations are all within a short drive, making this an outstanding addition to any investment portfolio.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Hardwood, Carpet

Equipment Dryer, Refrigerator, Washer

Appliance Dryer, Refrigerator, Washer

Heat Source Electric

Exterior

Garage Spaces 3.0

Water Access N

Accessibility None

Total Parking Spaces 3

Garage N

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 4600

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 471304130

Ownership Fee Simple

SqFt Source 4600

Special Listing Condition Standard

Bright MLS (BMLS)
NEARBY SCHOOL & BUSINESS
Eric Melo

Eric Melo

Broker Associate | License ID: 1644807

+1(862) 242-9649

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1704 N 18TH ST