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1716 W Norris St , Philadelphia, PA 19121
$375,000
Est. Payment: $2,025.81/mo
3 Bed
4 Bath
2353 Sqft
0.03 Acres
Status: active | Days on site: 202
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OCFRLTY - 3324533
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House Description

Prime cash-flowing duplex investment opportunity near Temple University in rapidly developing Philadelphia. Located at 1716 W Norris St, this newer-construction duplex (built in 2009) features two spacious bi-level apartments with a highly desirable student rental layout. One unit offers 4 bedrooms and 2 full bathrooms and features a spacious open-concept first floor living and dining area ideal for shared living. The second unit includes 3 bedrooms and 2 full bathrooms, providing flexible rental appeal for both student groups and young professionals. Each unit offers hardwood floors, central air and heat, in-unit washer and dryer, and excellent natural sunlight throughout. The apartments are in very good condition and designed for comfortable shared living, with large bedrooms and open common areas that appeal strongly to student tenants. Separate utilities for each unit help keep operating costs efficient for ownership. The property is fully leased with long-term tenants, generating strong annual income and providing immediate cash flow from day one. With continued growth in the Temple rental market, investors have clear upside potential to increase rents over time as leases renew and adjust to market levels, creating a compelling value-add opportunity alongside stable existing income. The location is ideal for tenants, just minutes from the main campus of Temple University and surrounded by popular campus nightlife, restaurants, and neighborhood amenities including Maxi's Pizza Subs & Bar, The Draught Horse, and Pub Webb. Tenants also enjoy convenient access to shopping, dining, and everyday essentials nearby. Transportation throughout the city is simple with close proximity to the SEPTA Broad Street Line along with multiple bus routes connecting to Center City and surrounding neighborhoods. The property is being offered individually or as part of a portfolio package with nearby properties at 1826 W Norris St and 1921 N Gratz St, providing investors the rare opportunity to acquire multiple income-producing properties within approximately two blocks of one another in the Temple University rental market. Strong student rental demand, large bedroom count, modern construction, and immediate income make this a standout Temple-area investment opportunity.

Highlights

Listed by Thaddeus Dynakowski III , 2159953199 OCF Realty LLC - Philadelphia , 2157357368. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.03

Year Built

2009

County

Philadelphia

Area

19121 (19121)

Neighborhood

Temple University

School District

The School District Of Philadelphia

Listing ID

PAPH2599488

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:2353
Basement:Full,Fully Finished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:15.00 x 73.00
Zoning:RM1
Roof:Flat
Others:
  • ▪ Additional:Excellent, Very Good, Good
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$2,026
Taxes
$625

Home Price

$375,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$75,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,025.81

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,025.81 $624.83 $0.00 $2,650.65
Yearly $24,309.78 $7,498.00 $0.00 $31,807.78
Total $729,293.37 $224,940.00 $0.00 $954,233.37
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T05:05:10.000Z

© 2026 Bright MLS