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$699,900
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Property Description
A rare opportunity to acquire a fully completed new construction triplex designed for immediate cash flow and long-term, low-maintenance performance. This is a true turnkey asset with modern construction throughout, separate utilities for each unit, and strong rental positioning across all three layouts. The property consists of three thoughtfully designed units that maximize rent potential and tenant demand. The lower level unit spans approximately 1,600 square feet and offers 3 bedrooms and 3 full bathrooms with private yard access, making it ideal for premium rental income or high-demand shared living arrangements. The middle unit includes 2 bedrooms and 1 bathroom across approximately 825 square feet with a modern open layout and in-unit laundry. The top floor unit also features 2 bedrooms and 1 bathroom, along with private roof deck access, a rare amenity that supports higher rents and strong tenant retention. All units are equipped with brand-new kitchens, bathrooms, flooring, appliances, mechanical systems, and building infrastructure, significantly reducing future capital expenditures and operating risk. In-unit laundry is included in every unit, further enhancing tenant appeal and rental competitiveness. This asset is well-positioned for both experienced investors seeking portfolio expansion and buyers looking to stabilize a high-quality, low-maintenance rental property in a growing market. With multiple unit types, premium finishes, and strong amenity sets, the property is structured to command strong rents while maintaining long-term appreciation potential and operational efficiency. A strong addition to any investment portfolio focused on durability, cash flow, and long-term upside.
Full Property Details
Full Property Details for 2614 N 7th St
General
- Price: $699,900
- Taxes: $666 (2026)
- Status: Active
- Type: Triplex
- Source: BrightMLSPhilly
- MLS ID: PAPH2617120
- Updated: 6/17/2026
- Added to Site: 47 day(s) ago
Interior
- Appliances: Built-In Microwave, Disposal, Oven/Range - Electric
- Flooring: Luxury Vinyl Plank
Parking
- Parking Type: On Street
Location
- Area: 19133 (19133)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: HARTRANFT
- Driving Directions: N 5th to L on Lehigh Ave to Left on N 7th property on right
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: 60+ Gallon Tank
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Other
- Construction: Brick
- Basement: Yes
- Basement Desc.: Fully Finished
- Foundation: Concrete Perimeter
- Square Feet: 3,300
- Sq. Ft. Source: Assessor
- Living Area: 3,300 Sq. Ft.
- Finished Above Grnd: 2,500 Sq. Ft.
- Finished Below Grnd: 800 Sq. Ft.
- Year Built: 2025
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,306
- Lot Size Source: Estimated
- Zoning: RM1
Financial Considerations
- Price Per Sq. Ft.: $279.96
- School Tax: $373
- County Tax Freq: Annually
- Tax w/Assessment: $47,600
- Tax Amount: $666
- Tax Year: 2026
- Owner Pays: Taxes - Real Estate
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 372
Listed by BHHS Fox & Roach-Center City Walnut, Varda Yosef
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Schools
Schools serving 2614 N 7th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Hartranft John F School 720 West Cumberland Street, Philadelphia, PA 19133 | K-8 | 0.2 mi |
Kensington HS 2501 Coral Street, Philadelphia, PA 19125 | 9-12 | 1 mi |
Kensington Culinary Arts 2463 Emerald Street, Philadelphia, PA 19125 | 9-12 | 1 mi |
Kensington Creative & Performing Arts High School 1901 North Front Street, Philadelphia, PA 19122 | 9-12 | 1.1 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 2614 N 7th St
Date
Details
Price
Change
Source
6/17/2026
Price Reduced
$699,900
-3.46%
MLS
5/12/2026
Listed
$725,000
1846.31%
MLS
10/10/2023
Sold
$37,250
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2614 N 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$666
—
$47,600
—
2024
$666
223%
$47,600
100%
2021
$206
-40%
-100%
2023
$343
67%
$24,500
67%
2020
$206
—
$14,700
—
2019
$206
—
$14,700
—
2018
$206
—
$14,700
—
2017
$206
402%
$14,700
407%
2016
$41
5%
$2,900
—
2015
$39
—
$2,900
—
2014
$39
144%
$2,900
1712%
2013
$16
—
$160
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2614 N 7th St
2614 N 7th Street, Philadelphia, PA 19133 (MLS# PAPH2617120) is a Triplex property with 0 bedrooms and 0 full bathrooms. 2614 N 7th Street is currently listed for $699,900 and was received on May 12, 2026. Want to learn more about 2614 N 7th Street? Do you have questions about finding other Triplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

