$535,000

1940 Cecil B Moore Ave Philadelphia, PA 19121

$6,353
Closing credit¹
2,408 sqft
0.03 acres
$222 / sqft
Multi-Family

Property details

About 1940 Cecil B Moore Ave

Income-Producing Triplex Near Temple University – Turnkey Investment! Excellent opportunity to own a fully rented and well-maintained 3-unit multifamily property just minutes from Temple University. This triplex offers strong cash flow, modern amenities, and long-term value in a high-demand rental market. Property Highlights: Unit 1 (First Floor): 3 Bedrooms | 3 Bathrooms Unit 2 (Second Floor): 2 Bedrooms | 2 Bathrooms Unit 3 (Third Floor): 2 Bedrooms | 2 Bathrooms All Units Feature Central Air Conditioning Current Monthly Rental Income: $4,622 Located in a prime North Philadelphia area with high rental demand, this property is perfect for both seasoned and first-time investors. All units are tenant-occupied with stable leases in place. Each unit offers spacious layouts, updated bathrooms, and reliable mechanicals. Well maintained and professionally managed. Close to public transportation, restaurants, shopping, and Temple’s campus. Investor’s dream: Immediate cash flow + strong rental history.

Highlights

Home typeTriplex
HeatingCentral
StatusActive
(ACTIVE)
CoolingCentral Air
Size2,408 sqft
Lot size0.03 Acres
Year built1915
MLS #PAPH2477064

Summary

  • Parking: None
  • Architectural Style: Other
  • Heating: Central
  • Cooling: Central Air
  • List Price: $535,000
  • Price/SqFt: $222
  • Annual Tax Amount: $8,165
  • Tax Year: 2023
  • Directions: GPS
  • Year Built: 1915
  • Living Area: 2,408 SqFt
  • Municipality: Philadelphia
  • Lot Size: 0.03 Acres
  • MLS Number: PAPH2477064
  • MLS Name: BRIGHT
  • Office Name: BY Real Estate
  • Office Phone: (267) 534-3595
  • Office Email: liubo.byre@gmail.com
  • Listing Agent: Susan Dong
  • Agent Phone: (267) 534-3595
  • Agent Email: susandong.byre@gmail.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: 5/1/2025, 12:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

kitchen featuring a sink, appliances with stainless steel finishes, gray cabinets, and tasteful backsplash

$535,000

1940 Cecil B Moore Ave

$6,353

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 29, 2017
Home Sold
$160,000
Mar 20, 2014
Home Sold
$90,000
Apr 22, 2013
Home Sold
$44,000

Tax history

YearAssessmentProperty Tax
2023$583,300$8,165
2022$583,300$4,658
2021$-$4,658
2020$332,800$4,658
2019$321,700$4,503
2018$257,600$3,605
2017$257,600$3,605

History based on county public records data.

Nearby schools

1

Richard R. Wright Elementary School

Public District KG-5

0.9 mi

2700 W Dauphin St

2

Kipp North Philadelphia Charter School

Public Charter KG-6

1.0 mi

2539 N 16th St

1

Thomas May Peirce Elementary School

Public District KG-6

1.3 mi

2300 W Cambria 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 $14,505. Most Philadelphia, PA residents have annual incomes less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

71%
<35k
24%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

69%
Single, No Kids
21%
Single, with Kids
7%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • 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

Similar homes for sale

This home is located at 1940 Cecil B Moore Ave in Philadelphia, PA and zip code 19121 in the Lower North Philadelphia neighborhood. This 2,408 square foot home, which was built in 1915, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $535,000.

While more than 174 listings in Philadelphia, PA in March 2025 were sold above asking price, there were more than 171 listings sold at asking price, and more than 344 were sold below. Between February and March 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 29.2%. In March 2025, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $269,412.

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

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