$835,000

1218 N 7th St Philadelphia, PA 19122

$9,916
Closing credit¹
3,315 sqft
0.05 acres
$252 / sqft
Multi-Family

Property details

About 1218 N 7th St

This cash flowing three-unit property sits in the coveted 19122 zip code, just a short stroll away from the bustling shops, eateries, and coffee shops of Frankford Ave and Fishtown, and steps away from the Piazza and Northern Liberties. Unit #1 is a split-level unit with three bedrooms and three bathrooms, includes a large living space with rear yard, and is rented for $1831/month with a lease ending on 6/23/2025. Unit #2, a two-bedroom, one and a half-bathroom unit, featuring a large layout with wrap-around kitchen and rear deck, which is leased for $1500/month, through 8/26/2025. Unit #3 has two bedrooms and two bathrooms, plus exclusive access to a private roof deck offering spectacular cityscape views, rented for $1650/month with the lease expiring on 7/26/2025. The building, built in 2017, provides ownership with several options: keep it as a high cash flowing rental property, live in one unit while leasing the others, or transform the property into three condominiums for individual sale. Each unit has been well maintained since completing and features high ceilings, private outdoor areas, recessed lighting, intercom systems, and abundant natural light. The property still has about four years left on its tax abatement. 3D tours available in the video section, pro-forma available upon request.

Highlights

Home typeTriplex
HeatingOther
StatusActive
(ACTIVE)
CoolingCentral Air
Size3,315 sqft
Lot size0.05 Acres
Year built2017
MLS #PAPH2410704

Summary

  • MLS Number: PAPH2410704
  • MLS Name: BRIGHT
  • Office Name: JBMP Group
  • Office Phone: (267) 797-2175
  • Office Email: info@jbmpgroup.com
  • Listing Agent: Jonathan Beaulieu
  • Agent Phone: (215) 967-2668
  • Agent Email: jon@jbmpgroup.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 3:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$835,000

1218 N 7th St

$9,916

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 31, 2015
Home Sold
$375,000
Oct 03, 2014
Home Sold
$60,000
Mar 18, 2011
Home Sold
$40,000

Tax history

YearAssessmentProperty Tax
2023$800,000$2,239
2022$238,320$2,725
2021$-$2,725
2020$719,400$2,869
2019$635,500$2,668
2018$49,600$694

History based on county public records data.

Nearby schools

5

Francis Scott Key School

Public District KG-6

0.9 mi

2230 S 8th St

7

Abram Stockton Jenks School

Public District KG-5

1.2 mi

2501 S 13th St

3

Stephen Girard Elementary School

Public District KG-4

1.3 mi

1800 Snyder Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,953. Most Philadelphia, PA residents have annual incomes less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

51%
<35k
39%
35k-100k
8%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
7%
Single, with Kids
22%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
3%
12-17 yrs old
41%
18-34 yrs old
34%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory
  • Boston MarketBoston Market

What do the neighbors drive?

  • BMWBMW
  • VolvoVolvo
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1218 N 7th St in Philadelphia, PA and zip code 19147 in the Passayunk Square neighborhood. This 3,315 square foot home, which was built in 2017, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $835,000.

In February 2025 more than 154 listings in Philadelphia, PA were sold above the asking price. During the same period more than 166 listings were sold at asking price, while more than 396 were sold below. The number of listings in Philadelphia, PA increased by 10.7% between January and February 2025. The median list price of listings available in February 2025 was $268,469, while the average time on the real estate market was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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