#PAPH2460424, Jin Y Chen, Listing Office: Realty Mark Cityscape-King of Prussia
1940 Cecil B Moore Ave Philadelphia, PA 19121
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
(ACTIVE)
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
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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.
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$535,000
1940 Cecil B Moore Ave
$6,353
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 29, 2017 | Home Sold | $160,000 |
Mar 20, 2014 | Home Sold | $90,000 |
Apr 22, 2013 | Home Sold | $44,000 |
Tax history
Year | Assessment | Property 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.
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.
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.