1719 W Norris St, Philadelphia, PA 19121

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1719 W Norris St,Philadelphia, PA 19121
$500,000
  • 8 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Coming Soon
Listed by: katherine vail
Office: elfant wissahickon-rittenhouse square
MLS#:PAPH2581420
Source:BRIGHTMLS

Price summary

  • Price:$500,000

About this home

**Prime Temple University Investment Opportunity | 10.93% Cap Rate !** This turnkey triplex offers exceptional cash flow in Temple University's high-demand rental corridor. The 14-year-old new build combines an institutional-grade location with flexible income strategies to maximize investor returns. The property delivers a verified 10.93% cap rate based on current operations. Configured as two 3-bedroom, 3-bathroom units plus one 2-bedroom, 3-bathroom unit, it currently operates as successful short-term rentals with seamless conversion capability to long-term leases. For temple students and families, there's an attractive house-hacking opportunity to occupy one unit while generating income from the remaining two. Situated in Temple University's core rental market, the property benefits from consistent tenant demand and strong rent growth fundamentals that characterize this established student housing corridor. The well-maintained building showcases premium finishes throughout,

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Home facts

  • Year built:2011
  • Listing ID #:PAPH2581420
  • Added:1 day(s) ago
  • Updated:February 06, 2026 at 11:45 PM

Rooms and interior

  • Bedrooms:8

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:2011

Utilities

  • Water:Public
  • Sewer:Public Septic, Public Sewer

Finances and disclosures

  • Price:$500,000
  • Tax amount:$7,735 (2026)