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MLS: #PAPH2662054, Listed By: Cree McGee, Prime Realty Partners, Source:Bright MLS

2328 Nicholas Street

PHILADELPHIA, PA 19121
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Bed 4

Bed

Bath 0

Bath

SqFt1,314

Sqft

Acres0.02

Acre(Lot)

Investor Opportunity in 19121! Motivated Seller! Welcome to 2328 Nicholas Street, a value add duplex offering immediate cash flow with even greater upside. This well maintained property features two spacious 2 bedroom, 1 bathroom units. The upper unit is occupied by a clean, reliable tenant currently paying $1,750 per month, providing strong rental income from day one and making this an ideal investment for landlords looking to expand their portfolio. The lower unit is also a beautifully renovated 2 bedroom, 1 bathroom apartment with nearly identical finishes, including bright modern lighting, updated cabinetry, new countertops, and newer appliances throughout. The unit is currently vacant due to a plumbing issue affecting the basement. The required repair involves replacing a sewer line i n the street, with a necessary permit obtained. Licensed contractor estimates place the repair cost at approximately $7,000 or less, presenting an excellent opportunity for an investor to complete the work quickly and begin generating additional rental income. Once repaired, the property offers multiple exit strategies. Lease the first floor and enjoy a fully occupied income producing duplex, or occupy the vacant unit while collecting rental income from the upstairs tenant to help offset your mortgage. The current tenant has an excellent payment history, maintains the property well, and is exactly the type of long term occupant every landlord hopes to have. Located in the heart of 19121, this property is surrounded by continued development, strong rental demand, and convenient access to Temple University, Brewerytown, Fairmount, Center City, major highways, public transportation, restaurants, shopping, and neighborhood amenities. The area has become increasingly attractive to both investors and owner occupants seeking long term appreciation. This is also an outstanding opportunity for Section 8 investors, as voucher demand remains exceptionally strong in this zip code, making it easier to secure qualified tenants and maintain consistent occupancy. Whether you're an experienced investor looking to add another cash flowing asset to your portfolio or a buyer seeking a house hack opportunity with built in rental income, this duplex offers tremendous value and upside at an attractive price point. Recently appraised at $405,000, the next buyer is gaining INSTANT equity. Opportunities like this do not come around often. Schedule your showing today and see the potential for yourself!

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Detail Ic Property Details

Property Type : Residential Income

Price : $315,000

AD Id : 89804107

MLS Id : PAPH2662054

Beds : 4

Lot Size : 0.02 Acre

Living Area Size : 1,314

Year Built : 1925

County : PHILADELPHIA

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Feature Features

  • Bedroom Information

    Total beds: 4

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Central Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1925 Building Area Total: 1314 Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 15.00 x 51.00 Lot Size Acres: 0.02 Lot Size Source: Assessor Lot Size Square Feet: 782

  • Listing Price Information

    Listing Price: $315000

  • Tax Information

    Parcel Number: 291246600 Tax Lot: 311 Tax Year: 2026 Annual Tax: $1317

  • Parking Information

    On Street

  • Utility Information

    Natural Gas Available, Sewer Available, Water Available, Electricity Available
  • Location Information

    Direction: gps. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1220 N Carlisle Street, Philadelphia, PA, 19121 $550,000 -- -- 2,397 2,397 SqFt
1222 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,424 2,424 SqFt
1224 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,385 2,385 SqFt
1228 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,385 2,385 SqFt
1230 N Carlisle Street, Philadelphia, PA, 19121 $550,000 2 -- 2,385 2,385 SqFt
2024 N Carlisle Street, Philadelphia, PA, 19121 $800,000 -- -- 2,157 2,157 SqFt
2041 N 15th Street, Philadelphia, PA, 19121 $310,000 5 -- 2,832 2,832 SqFt
1511 W Seybert Street, Philadelphia, PA, 19121 $489,000 -- -- 2,931 2,931 SqFt
1507 W Oxford Street, Philadelphia, PA, 19121 $1,140,000 -- -- 3,000 3,000 SqFt
1545 W Jefferson Street, Philadelphia, PA, 19121 $344,900 8 -- 3,604 3,604 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 08/26/2026 @ 00:22

MLS: PAPH2662054 LISTED BY: Cree McGee, Prime Realty Partners 215-770-9496 SOURCE: Bright MLS

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