Updated Three-Story
2108 North 17th Street Philadelphia, PA 19121
For Sale
$550,000
Updated three-story duplex with two bi-level units, each with 5 bedrooms, 3 bathrooms, and kitchen appliances.
Property Size2,567 SF
Price / SF$214.26
Days on Market151
Property Features for 2108 North 17th Street
General Information
- Standard status
- Active
- Size
- 2,567 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 2013
Listing Agency:
Philly LMG, LLC
(215) 821-5527
Listed By:
Sabina Palermo · License #RS345386
(215) 821-5527
Source:
Compass
Added: Feb 23
Changed: Jul 22
Last Checked: Jul 23 at 9:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Philly LMG, LLC
Investment Insights
Based on property information with market context.
2108 North 17th Street presents an updated, well-kept three-story duplex with two bi-level units. Each unit features 5 bedrooms and 3 bathrooms, along with a modern kitchen offering stone countertops and stainless-steel appliances. A washer/dryer package is included for added convenience, and Unit 1 also has a backyard.
Both units are currently rented, providing immediate income. Unit 1 is rented for $1,695 per month and Unit 2 is rented for $1,800 per month, with both units reflecting the same bi-level layout and finishes.
Recent exterior updates include a roof replacement completed in May 2025, with a 10-year warranty. Stucco was repaired at the same time and includes an 8-year warranty. The property is positioned close to Temple University and surrounded by shops and restaurants along North Broad Street, with commuting to Center City described as convenient in the listing remarks.
Both units are currently rented, providing immediate income. Unit 1 is rented for $1,695 per month and Unit 2 is rented for $1,800 per month, with both units reflecting the same bi-level layout and finishes.
Recent exterior updates include a roof replacement completed in May 2025, with a 10-year warranty. Stucco was repaired at the same time and includes an 8-year warranty. The property is positioned close to Temple University and surrounded by shops and restaurants along North Broad Street, with commuting to Center City described as convenient in the listing remarks.
Key Highlights
- Updated three‑story duplex built in 2013 with two bi‑level units.
- Each unit has 5 bedrooms, 3 bathrooms, and a modern kitchen with stone countertops and stainless‑steel appliances.
- Unit 1 rented at $1,695/month; Unit 2 rented at $1,800/month.
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 | $66.2k | $25.80 |
| − Vacancy | −$3.6k | −$1.42 |
| EGI | $62.6k | $24.38 |
| − OpEx | −$18.8k | −$7.31 |
| NOI | $43.8k | $17.06 |
2,567 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$625.8K
$547.6K – $730.1K
NOI $43,806 @ 7.0% cap · market cap 7.96%
Second Best
Apartment 5plus
$576.8K
$504.7K – $673.0K
NOI $40,378 @ 7.0% cap · market cap 7.34%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Updated three-story duplex with two bi-level units, each with 5 bedrooms, 3 bathrooms, and kitchen appliances.
Where is this duplex located?
The property is located at 2108 North 17th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Updated three‑story duplex built in 2013 with two bi‑level units.; Each unit has 5 bedrooms, 3 bathrooms, and a modern kitchen with stone countertops and stainless‑steel appliances.; Unit 1 rented at $1,695/month; Unit 2 rented at $1,800/month.
