1108 Locust St Philadelphia, PA 19107
Washington Square West NeighborhoodEstimated payment $8,628/month
Highlights
- Traditional Architecture
- 1-minute walk to 12Th-13Th & Locust St
- Property is in very good condition
- Central Heating and Cooling System
- Hot Water Heating System
- 3-minute walk to Kahn Park
About This Home
Welcome to 1108 Locust Street—a rare opportunity to own a beautifully maintained triplex in the heart of Washington Square West, one of Philadelphia’s most desirable neighborhoods. Perfect for both investors seeking strong rental income and owner-occupants looking to live in one unit while generating income from the others, this property offers exceptional flexibility and long-term upside. Unit 1 (First Floor + Finished Basement): A spacious bi-level 1-bedroom, 1.5-bath unit with a bonus room/office/den. Features include a modern kitchen, tile flooring, central air/heat, and in-unit laundry. Currently leased for $1,920/month. Unit 2 (Second Floor): A newly renovated 1-bedroom, 1-bath unit with a sleek kitchen and island, walk-in closet, central air/heat, beautifully tiled bathroom, and in-unit washer/dryer. Currently vacant with a projected rent of $2,200/month. Unit 3 (Third Floor): A charming 1-bedroom, 1-bath apartment featuring in-unit laundry and central air/heat. Currently rented for $1,950/month. Additional Highlights: 1. All units include in-unit washer/dryer and separately metered gas & electric; 2. Prime location just steps from cafes, restaurants, and neighborhood favorites; and 3. Close proximity to Pennsylvania Hospital, Jefferson University Hospital, PATCO, Broad Street Line, Regional Rail, and multiple bus routes for effortless commuting. This triplex combines modern upgrades, reliable rental income, and unbeatable location—an ideal addition to any portfolio or a smart owner-occupant investment.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,820
Year Built
- Built in 1920
Lot Details
- 1,027 Sq Ft Lot
- Lot Dimensions are 20.00 x 51.00
- Property is in very good condition
Home Design
- 2,380 Sq Ft Home
- Triplex
- Traditional Architecture
- Flat Roof Shape
- Brick Foundation
- Concrete Perimeter Foundation
- Masonry
Utilities
- Central Heating and Cooling System
- Hot Water Heating System
- Natural Gas Water Heater
Additional Features
- Partially Finished Basement
Listing and Financial Details
- Tax Lot 206
- Assessor Parcel Number 054130000
Community Details
Overview
- 3 Units
- Washington Sq West Subdivision
Building Details
- 1 Vacant Unit
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,941 | $773,000 | $154,600 | $618,400 |
| 2024 | $7,941 | $773,000 | $154,600 | $618,400 |
| 2023 | $7,941 | $567,300 | $113,460 | $453,840 |
| 2022 | $8,089 | $567,300 | $113,460 | $453,840 |
| 2021 | $8,089 | $0 | $0 | $0 |
| 2020 | $8,089 | $0 | $0 | $0 |
| 2019 | $7,829 | $0 | $0 | $0 |
| 2018 | $6,190 | $0 | $0 | $0 |
| 2017 | $6,190 | $0 | $0 | $0 |
| 2016 | $6,190 | $0 | $0 | $0 |
| 2015 | $5,925 | $0 | $0 | $0 |
| 2014 | -- | $442,200 | $63,358 | $378,842 |
| 2012 | -- | $54,400 | $17,000 | $37,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | For Sale | $1,450,000 | +61.1% | $609 / Sq Ft |
| 09/18/2018 09/18/18 | Sold | $900,000 | +1.1% | $378 / Sq Ft |
| 08/24/2018 08/24/18 | Pending | -- | -- | -- |
| 08/08/2018 08/08/18 | For Sale | $889,900 | -- | $374 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Guardian Deed | $900,000 | Partners Abstract Of Pa Llc | |
| Interfamily Deed Transfer | $53,280 | -- | |
| Deed | $170,000 | -- | |
| Deed | $95,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,900,000 | New Conventional | |
| Closed | $765,000 | New Conventional | |
| Closed | $765,000 | New Conventional |
Source: Bright MLS
MLS Number: PAPH2536318
APN: 054130000
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