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MLS: #PAPH2638684, Listed By: Peter van der Vlugt, Compass Pennsylvania, LLC, Source:Bright MLS

1816 W Girard Avenue

PHILADELPHIA, PA 19130
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Bed 6

Bed

Bath 0

Bath

SqFt2,595

Sqft

Acres0.03

Acre(Lot)

1816 W Girard, a true unicorn in today's multifamily market, is a recently renovated, fully occupied, cash-flowing triplex located on the thriving Girard Avenue corridor in Philadelphia's rapidly growing Francisville neighborhood. This turnkey multifamily asset consists of three spacious 2-bedroom, 1-bathroom apartments, each featuring central air conditioning, natural gas forced-air heating, modern finishes, and in-unit laundry. Extensively renovated in 2020, the property offers investors a rare combination of strong in-place cash flow and limited near-term capital expenditure requirements. Offered at an impressive in-place cap rate of 9.3%, the building is currently 100% occupied by long-term Housing Choice Voucher (Section 8) tenants, with recent tenant renewals providing a proven his tory of stable occupancy and consistent income. In a market increasingly dominated by low-yield, value-add offerings marketed on projected future returns, 1816 W Girard delivers strong cash flow and investment performance from day one. This one-of-a-kind late Victorian brownstone features a private rear patio exclusive to the first-floor unit, a private upper balcony, and dedicated basement storage areas for tenants. The property's flexible layout, updated mechanical systems, and desirable unit configurations position it for continued rental demand in one of Philadelphia's strongest urban submarkets. Ideally situated along the Girard Avenue commercial corridor, tenants enjoy immediate access to SEPTA transit, the Broad Street Line, Center City, Temple University, Fairmount, Brewerytown, the Philadelphia Museum of Art, and numerous neighborhood restaurants, retail destinations, and employment centers. Whether you're seeking reliable day-one cash flow, a 1031 exchange opportunity, or a well-located multifamily asset with long-term appreciation potential, 1816 W Girard Avenue offers an attractive combination of location, stability, and investment performance. 48hr notice required for showings. Financials, rent roll, and operating expenses available upon request.

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Detail Ic Property Details

Property Type : Residential Income

Price : $789,000

AD Id : 85491116

MLS Id : PAPH2638684

Beds : 6

Lot Size : 0.03 Acre

Living Area Size : 2,595

Year Built : 1915

County : PHILADELPHIA

Subdivision: Francisville

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Feature Features

  • Bedroom Information

    Total beds: 6

    Room Information

    Rooms Total: 12 Has Basement: Yes Basement: Full
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1915 Building Area Total: 2595 Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.03 Lot Size Source: Estimated Lot Size Square Feet: 1307

    Property Information

    Subdivision: FRANCISVILLE Source Property Type: Residential Income Postal Code Plus 4: 1516 Zoning Description: Legal 3 unit with active rental licenses Property SubType: Triplex Property Age: 111

  • Listing Price Information

    Listing Price: $789000

  • Tax Information

    Parcel Number: 471023200 Tax Lot: 146 Tax Year: 2026 Annual Tax: $5916

  • Parking Information

    On Street

  • Location Information

    Direction: GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1437 Parrish Street, Philadelphia, PA, 19130 $899,000 5 -- 2,600 2,600 SqFt
920 N 15th Street, Philadelphia, PA, 19130 $1,250,000 7 -- 5,000 5,000 SqFt
924 N 15th Street, Philadelphia, PA, 19130 $799,900 5 -- 2,469 2,469 SqFt
1509 Spring Garden Street, Philadelphia, PA, 19130 $674,900 4 -- 2,431 2,431 SqFt
1504 Brown Street, Philadelphia, PA, 19130 $725,000 -- -- 3,080 3,080 SqFt
719 N 16th Street, Philadelphia, PA, 19130 $1,895,000 8 -- --
1540 Ridge Avenue, Philadelphia, PA, 19130 $2,600,000 8 -- 10,500 10,500 SqFt
802 N 16th Street, Philadelphia, PA, 19130 $799,900 7 -- 2,637 2,637 SqFt
1605 Ridge Avenue, Philadelphia, PA, 19130 $2,100,000 9 -- 9,000 9,000 SqFt
1620 Mount Vernon Street, Philadelphia, PA, 19130 $869,000 3 -- 2,700 2,700 SqFt

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 ByOwner 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 closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 06/25/2026 @ 00:11

MLS: PAPH2638684 LISTED BY: Peter van der Vlugt, Compass Pennsylvania, LLC 267-435-8015 SOURCE: Bright MLS

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