1704 N 18Th Street
Philadelphia, PA, 19121 $ 875,000
Bedrooms9 Baths0.0 Monthly Estimate*
$ 5,525
for $875,000 with 9 bedrooms. This home was built in 2016 on a lot size of 0.04.
This FULLY OCCUPIED four-unit investment property offers a rare opportunity to generate immediate cash flow just a short walk from Temple University. LEASED THROUGH THE 2026/2027 SCHOOL YEAR, the property produces $7,300 per month ($87,600 annually) with tenants paying all utilities, resulting in an attractive 6.1% cap rate. The unit mix includes Unit 1: 5 bedrooms, 4 bathrooms and Units 2 to 4: 3 bedrooms, 2 bathrooms each, making it well-positioned for consistent student housing demand. Residents also benefit from three shared off-street parking spaces, a valuable amenity in this highly sought-after location. Inside, each residence showcases spacious open-concept living areas with rich hardwood flooring, contemporary finishes, recessed lighting, dark espresso interior doors, and well-appointed kitchens featuring shaker cabinetry, quartz-style countertops, black appliance packages, and generous cabinet storage. Plush carpeting creates comfortable bedroom retreats, while stylish bathrooms feature walk-in glass showers with oversized charcoal tile, pebble-style shower flooring, and modern vanities. Additional highlights include a fully finished basement, dedicated laundry with Samsung washer and dryer, included refrigerators, washers, and dryers, and a private rear concrete patio enclosed by mature landscaping for added outdoor enjoyment. Located approximately a 10-minute walk to Temple University's main campus, this property sits in one of Philadelphia's strongest rental markets with exceptional convenience. Commuters enjoy quick access to Broad Street, I-676, I-76, and Roosevelt Boulevard, while nearby SEPTA Broad Street Line stations, regional rail service, and multiple bus routes make traveling throughout the city effortless. The neighborhood is surrounded by everyday conveniences, including Fresh Grocer, ALDI, restaurants and cafs along Cecil B. Moore Avenue and Broad Street, Temple University Hospital, and nearby fitness options. Outdoor recreation is just minutes away at Fairmount Park, Smith Memorial Playground, and the Schuylkill River Trail, while Center City, the Philadelphia Museum of Art, Boathouse Row, and numerous dining, shopping, and entertainment destinations are all within a short drive, making this an outstanding addition to any investment portfolio.
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FeaturesGeneralLiving Area 4600
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Appliances Dryer Refrigerator Washer
Zoning RM1
Architectural Style Traditional
Construction Materials Brick Stucco
School District THE SCHOOL DISTRICT OF PHILADELPHIA
Exclusions Tenants belongings
Year Built 2016
Property Subtype Quadruplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions Travel west on Cecil B Moore from N Broad St turn right onto N 18th
City PHILADELPHIA
Number Of Units Total 4
MLS Area 19121 (19121)
Lot Size Units Square Feet
Lot Size Square Feet 1841.00
Number of Units Leased 4
Tax Annual Amount 7821.0
Two Bedroom 0
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 190.22
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Cap Rate 6.10
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InteriorHeating Fuel Electric
Flooring Hardwood Carpet
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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ExteriorPool No Pool
Parking Features Shared Driveway
Water Source Public
Type of Parking Off Street On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Dimensions 16 x 93
Lot Size Acres 0.04
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $5,525
- Monthly Property Taxes
- $652
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $537,854
Percent of Sale Price 39%
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 |
|---|
| 7/1/2026 | $875,000 | | Listed Price |