$6,234 Closing Credit¹
#PAPH2391064, John Jerome Perez Mangubat I, Listing Office: Keller Williams Main Line
$525,000 List price
1958 N 8th St Philadelphia, PA 19122
$6,234
Closing credit¹
2,813 sqft
0.02 acres
$187 / sqft
Multi-Family
Property details
About 1958 N 8th St
1958 N 8th Street Temple is the 2nd largest university in PA and one of the largest on the east coast. With 2024 undergraduate enrollment reaching over 30,000 students, with limited on campus housing capacity, the large student population creates a consistent demand for off campus housing. This investment property is located in one of the most desirable blocks for off campus housing on the newer side of Temple. It is within walking distance to the main campus and only one block away from the Temple train station. It provides strong cash flow and stable tenancy. It has ALWAYS been 100% leased up, even during and after COVID. The annual rental income has been consistently above $47,800 for the past 4 years under current management. The CAP rate is an impressive 8%. The property is a large, newer construction duplex built in 2020, with high end finishes. It still has 5.5 years remaining in its tax abatement. Unit A has 3 spacious bedrooms and 3 bathrooms spanning 2 levels. It comes with a fenced in private backyard. The average rent for the unit is between $1800 and $2040 per month with 12 months leases in the past 4 years. Unit B has 3 spacious bedrooms and 3 bathrooms spanning 2 levels. It comes with a large roof deck with impressive city views. The average rent for the unit is between $1950 and $2100 per month. Financial details are available upon request.
Highlights
Home typeDuplex
HeatingCentral
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size2,813 sqft
Lot size0.02 Acres
Year built2020
ParkingOn Street
MLS #PAPH2453950
Summary
- MLS Number: PAPH2453950
- MLS Name: BRIGHT
- Office Name: EXP Realty, LLC
- Office Phone: (888) 397-7352
- Office Email: pa.broker@exprealty.com
- Listing Agent: Marcus Shellenberger
- Agent Phone: (610) 505-1517
- Agent Email: marcus.shellenberger@exprealty.com
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: 3/14/2025, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$525,000
1958 N 8th St
$6,234
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 20, 2021 | Home Sold | $550,000 |
| Oct 29, 2018 | Home Sold | $75,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $550,000 | $1,539 |
| 2022 | $110,000 | $9,991 |
| 2021 | $- | $95 |
| 2020 | $6,800 | $95 |
| 2019 | $6,800 | $95 |
| 2018 | $6,800 | $95 |
| 2017 | $6,800 | $95 |
History based on county public records data.
Nearby schools
6
John Moffet Elementary School
Public District KG-5
0.8 mi
•127 W Oxford St
2
Kipp North Philadelphia Charter School
Public Charter KG-6
0.9 mi
•2539 N 16th St
3
Mastery Charter School at Clymer
Public Charter KG-6
1.0 mi
•1201 W Rush 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 $13,668. Typical income of Philadelphia, PA residents is less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
81%
<35k
16%
35k-100k
1%
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?
51%
Single, No Kids
38%
Single, with Kids
4%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
11%
12-17 yrs old
40%
18-34 yrs old
21%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
H&M
Where do the neighbors go to eat?
Little Caesars
White Castle
Boston Market
What do the neighbors drive?
Dodge
Kia
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1958 N 8th St in Philadelphia, PA and zip code 19122 in the Lower North Philadelphia neighborhood. This 2,813 square foot home, which was built in 2020, sits on a 0.02 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $525,000.
Philadelphia, PA housing market in February 2025 saw over 154 listings sold above listed price, more than 166 sold at listed price and over 396 sold below. Between January and February 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 10.7%. 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.