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$525,000
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Property Description
Discover a rare opportunity to own a fully occupied or owner-occupied duplex located at 1218 N Hope Street, Philadelphia, in the rapidly developing Olde Kensington / Northern Liberties corridor. This well-maintained multifamily property features two spacious 2-bedroom, 1-bathroom units, making it ideal for both investors and owner-occupants seeking strong rental income and long-term growth. Each unit offers a functional and comfortable layout with generous bedroom sizes, separate living and dining areas, and abundant natural light. The first-floor unit is notably oversized with a finished extension, providing additional living space and flexibility. A major highlight of this property is the gated 4-car parking, a rare and highly valuable feature in this neighborhood. The duplex configuration allows for excellent "house hacking" potential-live in one unit while renting out the other to significantly offset your mortgage and monthly expenses. This property is also FHA owner-occupant financing eligible, making it an attractive option for first-time buyers looking to build equity through real estate ownership. Conveniently located near public transportation, major highways, Temple University, Fishtown, Northern Liberties, and Center City, residents enjoy easy access to dining, shopping, entertainment, and major employment hubs. Whether you're expanding your investment portfolio or purchasing your first income-producing property, 1218 N Hope Street offers a strong opportunity in one of Philadelphia's most active and appreciating growth markets. Lease Details: Both units are currently on month-to-month leases with 60-day notice. First-floor rent: $2100/month moving out August 1st Second-floor rent: $1900/month moving out August 27th
Full Property Details
Full Property Details for 1218 N Hope St
General
- Sold For: $525,000
- Taxes: $7,127 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PAPH2629112
- Added to Site: 48 day(s) ago
Rental Information
- Lease Info: Yearly
Interior
- Appliances: Stainless Steel Appliances
- Flooring: Hardwood, Ceramic Tile
Parking
- Total Spaces: 4
- Parking Features: Concrete Driveway, Secure Parking
- Parking Type: Off Street
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: FISHTOWN
- Cross Streets: E Girard Ave
- Driving Directions: Head north on Delaware Ave, make a left onto Frankford Ave, turn left onto E Girard Ave and make a right onto N Hope St, property will be on your left.
School Information
- School District: Philadelphia City
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Twin/Semi-Detached
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Concrete Perimeter
- Roof: Flat
- Walls/Ceilings: Dry Wall
- Stories/Levels: 2
- Square Feet: 2,400
- Sq. Ft. Source: Estimated
- Living Area: 2,400 Sq. Ft.
- Finished Above Grnd: 1,600 Sq. Ft.
- Finished Below Grnd: 800 Sq. Ft.
- Year Built: 2007
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,500
- Lot Size Source: Assessor
- Lot Dimensions: 49.00 x 47.00
- Zoning: RSA5
Financial Considerations
- Price Per Sq. Ft.: $337.44
- Assessment Year: 2026
- School Tax: $3,991
- City/TownTax: $3,136
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $509,200
- Tax Amount: $7,127
- Tax Year: 2025
- Terms: Standard Sale
- Owner Pays: Water, Taxes - Real Estate, Insurance
- Tax Total Finished Sq. Ft.: 1600
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants Personal Property
- Inclusions: Kitchen Appliances, Washer/Dryers
- Lot Number: 257
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Schools
Schools serving 1218 N Hope St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Moffet John School 127 West Oxford Street, Philadelphia, PA 19122 | K-5 | 0.4 mi |
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1218 N Hope St
Date
Details
Price
Change
Source
7/01/2026
Sold
$525,000
-2.76%
MLS
6/04/2026
Listed
$539,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1218 N Hope Street, Philadelphia, PA 19122 (MLS# PAPH2629112) is a Single Family property that was sold at $525,000 on July 01, 2026. This property was sold by Benjamin "Ben" Katz from our Old City Office.Want to learn more about 1218 N Hope Street? Do you have questions about finding other Single Family real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.


