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Multi-Family Property
2339 N 17th St. – Philadelphia

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2339 N 17th St. – Philadelphia

2339 N 17th St, Philadelphia, PA 19132, USA

Buy $425,000
$640,000/ARV

35

2339 N 17th St. – Philadelphia

2339 N 17th St, Philadelphia, PA 19132, USA

Buy $425,000
$640,000/ARV

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Overview

7
Bedrooms

5
Bathrooms

2064
Area Size

RSA5 w/ Variance
Zoning

Description

Turnkey quadplex totaling 2,064 sq. ft. in the Temple University investment zone. This fully renovated four-unit property includes a mix of modern layouts — (1) studio, (2) two-bedroom/one-bath units, and (1) two-bedroom/two-bath unit — all upgraded with new kitchens, stainless steel appliances, recessed lighting, energy-efficient windows, and updated baths. With its excellent location near Temple University and Broad Street transit, this property offers investors stable cash flow, strong occupancy demand, and turnkey income potential.

Current renovation quality supports both student housing and market-rate rental strategies. Given recent comparable sales and income potential exceeding $5,000/month, this asset stands out as a high-yield, low-maintenance addition to any Philadelphia rental portfolio.

High-End Comps (Renovated Triplex / Quadplex)

1511 N 16th St – $640,000 | Quadruplex | 0.9 mi | 04/30/25
1840 N 21st St – $365,000 | Triplex | 0.7 mi | Sold 06/20/25
1843 N Van Pelt St – $355,000 | Triplex | 0.7 mi | Sold 04/17/25
2131 W Dauphin St – $270,000 | Triplex | 0.4 mi | Sold 08/07/25

⚖️ Mid-Tier Comps (Average Condition Multi-Units)

2260 N 16th St – $165,000 | Quadplex | 0.1 mi | Sold 04/30/25
1713 N Croskey St – $141,000 | Triplex | 0.8 mi | Sold 04/11/25
2635 N 24th St – $139,000 | Triplex | 0.7 mi | Sold 09/03/25

💸 Low-End Comps (As-Is / Investor Inventory)

2250 N 16th St – $133,500 | Triplex | 0.1 mi | Sold 07/11/25
2533 N 7th St – $100,000 | Triplex | 0.9 mi | Sold 06/18/25
1621 W Huntingdon St – $85,000 | Triplex | 0.3 mi | Sold 05/16/25
1517 W Cumberland St – $69,000 | Triplex | 0.2 mi | Sold 06/20/25

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