2118 N 7th St – Philadelphia, PA
- Buy $180,000
- $440,000/ARV
- Buy $180,000
- $440,000/ARV
Description
Located in the Hartranft submarket of North Central Philadelphia, 2118 N 7th St offers a 4 bed / 2 bath layout — a major advantage for rental performance and ARV compared to typical 3/1 in the area. The property sits near Temple University’s redevelopment pressure zones, surrounded by duplex/triplex conversions, new construction, and multifamily trades, creating strong demand for both workforce renters and student spillover.
As-is, the property functions well as a value-add rental, BRRR play, or light-to-mid rehab flip, depending on investor strategy. 4BR units in this pocket routinely command premium rent due to bedroom density, shared student housing, and Section 8 voucher fits.
This corridor has continued institutional and private investor activity with multifamily comps trading $274K–$440K, making this a compelling acquisition for buyers seeking below-replacement cost entry in a transitioning neighborhood.
Comparables:
High-End / Renovated
2049 N 9th St (0.1 mi) — $440,000 | Duplex | Closed 08/05/25
1846 N Bouvier St (0.9 mi) — $330,000 | Duplex | Closed 10/23/25
1732 Monument St (0.9 mi) — $310,000 | Duplex | Closed 12/05/25
2213 N 16th St (0.7 mi) — $287,000 | Duplex | Closed 09/17/25
1620 W York St (0.8 mi) — $274,000 | Duplex | Closed 08/13/25
2957 N 8th St (0.9 mi) — $265,000 | Duplex | Closed 10/29/25
520 W Indiana Ave (0.9 mi) — $219,900 | Duplex | Closed 10/20/25
Low-End / Distressed / As-Is
2311 N Fairhill St (0.3 mi) — $115,000 | Duplex | Closed 10/16/25
2843 N Marvine St (0.9 mi) — $90,000 | Mixed/Other | Closed 01/09/26
2645 N 17th St (1.0 mi) — $85,000 | Duplex | Closed 10/03/25
2629 N 17th St (1.0 mi) — $30,000 | Duplex | Closed 07/30/25
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Address
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Address: 2118 N 7th St, Philadelphia, PA 19122, USA
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City: Philadelphia
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State/county: Pennsylvania
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Zip/Postal Code: 19122
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