$10,000

closing credit¹

1520 N 7th St Philadelphia, PA 19122

$1,550,000
7,326 sqft
0.05 acres
$212 / sqft
House

Property details

About 1520 N 7th St

Amazing investment opportunity. This modern, fully occupied 5-unit multi-family property, built in 2020, is situated in the highly sought-after Olde Kensington neighborhood of Philadelphia just steps from the Main Campus of Temple University as well as Fishtown and Northern Liberties. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes approximately five years remaining on a tax abatement. The unit mix includes two (2) 1-bedroom, 1.5-bathroom units, one (1) bi-level 2-bedroom, 2.5-bathroom unit, and two (2) bi-level 3-bedroom, 3-bathroom units, one with private backyard access. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).

Highlights

Home typeOther
HeatingCentral
StatusActive
(ACTIVE)
CoolingCentral Air
Size7,326 sqft
Lot size0.05 Acres
Year built2019
MLS #PAPH2433092

Summary

  • MLS Number: PAPH2433092
  • MLS Name: BRIGHT
  • Office Name: KW Empower
  • Office Phone: (215) 627-3500
  • Office Email: vicki@kwempower.com
  • Listing Agent: Jim Onesti

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: 2/2/2025, 2:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,550,000

1520 N 7th St

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Mar 08, 2018
Home Sold
$329,500

Tax history

YearAssessmentProperty Tax
2023$765,900$2,144
2022$153,180$909
2021$-$632
2020$45,200$632
2019$45,200$632
2018$45,200$632
2017$45,200$632

History based on county public records data.

Nearby schools

6

John Moffet Elementary School

Public District KG-5

0.6 mi

127 W Oxford St

7

Horatio B. Hackett School

Public District KG-5

1.2 mi

2161 E York St

2

Kipp North Philadelphia Charter School

Public Charter KG-6

1.3 mi

2539 N 16th St

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 $19,651. Typical income of Philadelphia, PA residents is less than $<35k annually. Residents typically live in single, with kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

65%
<35k
33%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

36%
Single, No Kids
44%
Single, with Kids
10%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
12%
12-17 yrs old
29%
18-34 yrs old
31%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1520 N 7th St

This home is located at 1520 N 7th St in Philadelphia, PA and zip code 19122 in the Lower North Philadelphia neighborhood. This 7,326 square foot home, which was built in 2019, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $1,550,000.

While more than 152 listings in Philadelphia, PA in January 2025 were sold above asking price, there were more than 186 listings sold at asking price, and more than 457 were sold below. The number of listings in Philadelphia, PA increased by 3.5% between December and January 2025. While the average time on the market in January 2025 was 52 days, the median list price was $266,945.

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

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