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    1844 W Master St Philadelphia, PA 19121

    Under Contract
    For Sale
    $439,500

    MULTI_FAMILY - Other - PHILADELPHIA, PA

    Property size:
    2,202 SF
    Lot size:
    0.04 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 7 at 11:06 am

    Property Features for 1844 W Master St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Rooms
    Basement
    Parking
    2
    Parking features
    Garage - Detached
    Size
    2,202 SF
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1915
    Number of units
    3
    Building materials
    Masonry
    Architectural style
    Other

    Realty Mark (215) 376-4444 [email protected]

    Listing agent Selinda D Kennedy-Bryant (215) 313-2243 License #RS272061

    Listing date Nov 24, 2025

    MLS# PAPH2546522 Listing URL

    Copyright © 2025 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.

    Overview

    Philadelphia Triplex with Garage

    This triplex in Philadelphia features three two-bedroom units. The property is approved for PHA/Section 8, presenting an opportunity for investors or owner-occupants. There is potential to increase cash flow through rent adjustments and unit upgrades. The property includes a garage that could be leased separately. Each unit has separate utilities. Additional features include a clean basement and a backyard. The property is eligible for an owner-occupant loan. The units feature modern-style kitchens and baths, complemented by hardwood floors. The property is situated on a lot measuring 0.04 acres and the building size is 2202 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.16658
    Latitude
    39.97527

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    FAQs

    What type of property is this?
    Triplex - Triplex with Section 8 approval, garage, and separate utilities.
    Where is this triplex located?
    The property is located at 1844 W Master St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $439,500.
    What are key features of this property?
    This property features: - PHA/Section 8 Approved Units: Immediate rental income potential.; - Triplex Configuration: Live in one unit and rent out the other two.; - Below Market Rent: Opportunity to increase cash flow.
    (215) 313-2243
    Request Owner's contact information
    1844 W Master St Philadelphia, PA 19121
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    Philadelphia, PA 19121
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1844 W Master St Philadelphia, PA 19121
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