2209 N 7th St Philadelphia, PA
Franklinville NeighborhoodEstimated payment $4,944/month
Total Views
617
--
Bed
--
Bath
3,900
Sq Ft
$231
Price per Sq Ft
Highlights
- New Construction
- Traditional Architecture
- Brick Front
- 0.04 Acre Lot
- Zoned Heating and Cooling System
- 1-minute walk to Franklinville Playground
About This Home
Brand new construction triplex at 2209 N 7th Street offering high-end finishes and strong cash flow potential—ideal for investors or owner-occupants. All units feature granite countertops, tile bathrooms, in-unit laundry, stainless appliances, microwaves, and garbage disposals. The third-floor unit boasts a private roof deck with skyline views.
Separate utilities, central air, and efficient systems throughout. Located near Temple University and public transit in a rapidly developing corridor.
Unit 1 (Bi-Level): 4BD/4BA | 1,710 sq ft | Projected rent: $3,200/month
Unit 2: 2BD/2BA | 866 sq ft | Projected rent: $1,800/month
Unit 3 (w/ Roof Deck): 2BD/2BA | 866 sq ft | Projected rent: $1,900/month
Total Projected Monthly Income: $6,900
Projected Annual Gross Income: $82,800
Estimated Annual Expenses (taxes, insurance, maintenance): $9,800
Projected Net Operating Income (NOI): $73,000
Projected ROI (Cap Rate): 8.1% at $900,000 asking price
Turnkey income-producing property—schedule your tour today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $940
Lot Details
- 1,552 Sq Ft Lot
- Lot Dimensions are 18.00 x 85.00
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- 3,900 Sq Ft Home
- New Construction
- Triplex
- Traditional Architecture
- Brick Front
- Concrete Perimeter Foundation
Utilities
- Zoned Heating and Cooling System
- Electric Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Tax Lot 211
- Assessor Parcel Number 371057500
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $900,000 | +520.7% | $231 / Sq Ft |
| 09/01/2023 09/01/23 | Sold | $145,000 | -6.5% | -- |
| 08/09/2023 08/09/23 | Pending | -- | -- | -- |
| 08/09/2023 08/09/23 | Price Changed | $155,000 | +3.3% | -- |
| 06/29/2023 06/29/23 | Price Changed | $150,000 | +3.4% | -- |
| 06/19/2023 06/19/23 | Price Changed | $145,000 | -0.6% | -- |
| 06/14/2023 06/14/23 | Price Changed | $145,900 | -2.1% | -- |
| 06/07/2023 06/07/23 | Price Changed | $149,000 | -0.6% | -- |
| 06/01/2023 06/01/23 | Price Changed | $149,900 | -0.1% | -- |
| 05/08/2023 05/08/23 | For Sale | $150,000 | -- | -- |
Source: Bright MLS
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2511450
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