2640 N Jessup Street
Philadelphia, PA, 19133 $ 490,000
Bedrooms5 Baths0.0 Monthly Estimate*
$ 3,057
for $490,000 with 5 bedrooms. This home was built in 2024.
Welcome to 2640 N Jessup St an extraordinary 2024 new construction duplex built for investors who demand both immediate income and long-term appreciation. This modern multifamily asset offers two beautifully designed units, each crafted with premium finishes, open layouts, and top-tier mechanical systems that minimize maintenance and maximize performance. Unit 1 is a bright, spacious lower-level residence rented for $1,900/month, featuring a sleek chefs kitchen with quartz countertops, stainless steel appliances, soft-close cabinetry, a tile backsplash, and a luxury full bath. Unit 2, leased at $2,100/month, mirrors the same elevated design with high ceilings, generous living space, and a sophisticated kitchen perfect for entertaining. Both apartments are equipped with in-unit washer and dryer, central HVAC, and separate utilities, ensuring optimal tenant independence and streamlined management for the owner. This property delivers $4,000/month ($48,000 annually) in gross rental income from day one, offering a rare balance of stability and growth potential. Built with efficiency, durability, and architectural precision, 2640 N Jessup St stands out as a true turnkey investment in one of Philadelphias most promising growth corridors. Located near major transit lines, Temple University, and several ongoing redevelopment projects, it provides unmatched convenience and strong tenant demand. Whether held as a cash-flowing asset or a future equity play, this duplex is a perfect addition to any serious investors portfolio combining luxury, location, and long-term financial performance in one complete package.
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FeaturesGeneralLiving Area 2400
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession 0-30 Days CD Immediate Subject to Existing Lease
Roof Fiberglass
Zoning RM1
Architectural Style Traditional
Construction Materials Brick
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Exclusions Tenants belongings
Year Built 2024
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction Y
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions GPS
City PHILADELPHIA
Disclosures Prop Disclosure
Number Of Units Total 2
MLS Area 19133 (19133)
Lot Size Units Square Feet
Lot Size Square Feet 900.00
Number of Units Leased 2
Tax Annual Amount 575.0
Home Warranty Y/N Y
Property Condition Excellent
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 204.17
Acceptable Financing Cash Conventional VA
Construction Completed Y/N Y
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Yearly
Standard Status Active
Year Built Source Estimated
Tax Lot 82
Total Actual Rent 48000.00
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InteriorHeating Fuel Electric
Basement Fully Finished
Flooring Hardwood
Hot Water Electric
Total Stories 3
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N Y
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ExteriorPool No Pool
Water Source Public
Inclusions Appliances
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Dimensions 16.00 x 56.00
Lot Size Acres 0.00
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 57160.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams Main LineBroker
majd@unlockedteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,057
- Monthly Property Taxes
- $48
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Philadelphia, PA
Average List Price $573,369
Percent of Sale Price 17%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/18/2025 | $490,000 | | Listed Price |