2908 N 7th St Philadelphia, PA 19133
Hartranft NeighborhoodEstimated payment $2,198/month
About This Home
Excellent opportunity to own a solid income-producing legally zoned triplex in Philadelphia at an attractive price point. This property features three separate units, offering immediate rental income with strong demand in the area.
The building is well-suited for investors seeking cash flow, portfolio expansion, or a value-add opportunity. Each unit has its own layout, providing flexibility for leasing and long-term tenant retention. Electrical service is separately metered, helping reduce operating expenses.
This property is located in a convenient Philadelphia neighborhood with easy access to public transportation, major roadways, shopping, and local amenities. The area continues to see steady rental demand, making this an ideal asset for both seasoned investors and first-time multi-family buyers alike.
Notice: Ilya Zamarin is a Realtor that has personal financial interest in the property and is acting for his own account. Rent revenue: 1st Floor $1,050 monthly; 2nd Floor $1,150 monthly; 3rd Floor $2,000 monthly.
Whether you’re looking for stable income, future appreciation, or the ability to increase rents over time, this triplex presents a compelling opportunity. Priced competitively for a quick sale.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,318
Year Built
- Built in 1920 | Remodeled in 2025
Lot Details
- 968 Sq Ft Lot
- Lot Dimensions are 15.00 x 65.00
- Property is in very good condition
Parking
- On-Street Parking
Home Design
- Triplex
- AirLite
- Flat Roof Shape
- Stone Foundation
- Masonry
Interior Spaces
- 1,863 Sq Ft Home
- Basement Fills Entire Space Under The House
Utilities
- Electric Baseboard Heater
- Electric Water Heater
- Municipal Trash
Listing and Financial Details
- Tax Lot 200
- Assessor Parcel Number 372054300
Community Details
Overview
- 3 Units
- Nicetown Subdivision
Building Details
- Insurance Expense $2,192
- Maintenance Expense $2,400
- Trash Expense $500
- Net Operating Income $39,490
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 |
|---|---|---|---|---|
| 2026 | $3,316 | $308,500 | $61,700 | $246,800 |
| 2025 | $3,316 | $308,500 | $61,700 | $246,800 |
| 2024 | $3,316 | $308,500 | $61,700 | $246,800 |
| 2023 | $3,316 | $236,900 | $47,380 | $189,520 |
| 2022 | $655 | $236,900 | $47,380 | $189,520 |
| 2021 | $655 | $0 | $0 | $0 |
| 2020 | $655 | $0 | $0 | $0 |
| 2019 | $717 | $0 | $0 | $0 |
| 2018 | $1,025 | $0 | $0 | $0 |
| 2017 | $1,025 | $0 | $0 | $0 |
| 2016 | $1,025 | $0 | $0 | $0 |
| 2015 | $981 | $0 | $0 | $0 |
| 2014 | -- | $73,200 | $2,902 | $70,298 |
| 2012 | -- | $2,656 | $356 | $2,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/18/2025 12/18/25 | For Sale | $349,900 | -- | $188 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $25,000 | None Available | |
| Deed | $1,000 | None Available |
Source: Bright MLS
MLS Number: PAPH2568150
APN: 372054300
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