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1958 N 8th Street

Philadelphia, PA 19122

– beds
– baths
2,813 sqft
1,073 sqft lot
$186 per sqft
2020 build

1958 N 8th Street Temple is the 2nd largest university in PA and one of the largest on the east coast. With 2024 undergraduate enrollment reaching over 30,000 students, with limited on campus housing capacity, the large student population creates a consistent demand for off campus housing. This investment property is located in one of the most desirable blocks for off campus housing on the newer side of Temple. It is within walking distance to the main campus and only one block away from the Temple train station. It provides strong cash flow and stable tenancy. It has ALWAYS been 100% leased up, even during and after COVID. The annual rental income has been consistently above $47,800 for the past 4 years under current management. The CAP rate is an impressive 8%. The property is a large, newer construction duplex built in 2020, with high end finishes. It still has 5.5 years remaining in its tax abatement. Unit A has 3 spacious bedrooms and 3 bathrooms spanning 2 levels. It comes with a fenced in private backyard. The average rent for the unit is between $1800 and $2040 per month with 12 months leases in the past 4 years. Unit B has 3 spacious bedrooms and 3 bathrooms spanning 2 levels. It comes with a large roof deck with impressive city views. The average rent for the unit is between $1950 and $2100 per month. Financial details are available upon request.

Listing courtesy of BRIGHT / EXP Realty, LLC

Last checked: Checking… • Last updated Mar 31, 2025 •

MLS# PAPH2453950 —

The Building

Year Built:

2020
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Brick
Building Units Total:

4
Structure Type:

Interior Row/Townhouse
Architectural Style:

Other
Accessibility Features:

None
Foundation Details:

Brick/Mortar
Basement:

No
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

2813

Interior

Room Count:

6
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

2813
Living Area SqFt:

2,813 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement

Location

Directions:

Corner of W Norris St and N 8th St
Latitude:

39.98187637
Longitude:

-75.14768982

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.02
Lot Size Source:

Assessor
Lot Size Dimensions:

16.00 x 67.00
Lot Dimensions Source:

Assessor
Lot SqFt:

1,073 Sqft
Zoning:

RM1
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

SR
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

202113400
Tax Year:

2024
Tax Lot:

109
Tax Annual Amount:

$1,822
Tax Assessed Value:

$130,200
Year Assessed:

2025
School Tax:

1020.0
City/Town Tax:

801.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Natural Gas
Heating:

Yes
Heating Type:

Central
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Subdivision Name:

Temple University
Pool:

No Pool
Cap Rate:

8.00

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1,Unit 2
Vacation Rental:

No
Units Furnished:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/19/25 Mar 19, 2025	Sold Subject To Contingencies	BRIGHT	$525,000
3/7/25 Mar 7, 2025	Listed / Active	BRIGHT	$525,000

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This multifamily located in Lower North, Philadelphia, PA 19122 is currently for sale for $525,000. 1958 N 8th Street is a 2,813 square foot multifamily with – beds and – baths. 1958 N 8th Street is in the Lower North neighborhood of Philadelphia and has a WalkScore® of 57, making it somewhat walkable. This multifamily is in the attendance area of Benjamin Franklin High School and Paul Lawrence Dunbar School.

Listing Courtesy of: BRIGHT and EXP Realty, LLC.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.