1839 N 17TH Street Philadelphia, PA 19121
MULTI_FAMILY - PHILADELPHIA, PA
Property Features for 1839 N 17TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,721 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9703
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2011
- Number of units
- 2
- Building materials
- Masonry
Listing agent Marcus Shellenberger License #RS333936 (610) 505-1517
Listing office EXP Realty, LLC 630 Freedom Business Ctr Drive unit: 300, Philadelphia, PA (888) 397-7352
Listing date Apr 30, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 1839 N 17TH Street in Philadelphia, PA 19121, the property is described as being about two blocks from Temple’s main campus, placing it in an area aligned with off-campus housing demand.
For tenants, buyers, or operators seeking an income-producing residential duplex, the current configuration provides two separate units with multiple bedrooms suitable for shared living. According to the listing, both units are fully leased through the end of July 2027, supporting continuity of occupancy through that time horizon. Financial details are available on request.
Key Highlights
- Duplex built in 2011 with masonry construction, central heating, and central air
- Total of 11 bedrooms across two units for off‑campus housing
- Unit A offers 6 bedrooms across 3 levels and a fenced‑in backyard
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.2k | $25.80 |
| − Vacancy | −$3.9k | −$1.42 |
| EGI | $66.3k | $24.38 |
| − OpEx | −$19.9k | −$7.31 |
| NOI | $46.4k | $17.06 |
