About This Home

This 0-bedroom, 0-bathroom residential multi family at 1816 W GIRARD Avenue in Philadelphia, PA is listed for $789,000 ($304 per sqft). Built in 1915, the home offers 2,595 sqft of living space on a 0.03 acres lot.

Key Features

  • Built in 1915
  • 0.03 acre lot

Property Details

1915

Amenities

A/C
Listing Description

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 history 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 Universit

y, 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.

Monthly Cost Estimate

$4,220/mo

20% down · 6.5% · 30 years

Principal$571
Interest$3,419
Insurance$230

Estimates only. Actual payments may vary.

Location

1816 W GIRARD Avenue

Philadelphia, PA 19130

FRANCISVILLE

Property Details

Construction

Masonry

Parking

On Street

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1816 W GIRARD Avenue is listed at $789,000 ($304/sqft). The estimated monthly payment is $4,220 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1915, 0.03 acre lot.

This property is listed by Peter van der Vlugt and can be reached at 4844318821.

PV

Peter van der Vlugt

Agent at Compass Pennsylvania, LLC

(484) 431-8821

Listed by Compass Pennsylvania, LLC · View on Broker Site

MLS# PAPH2638684· Source: listhub· 13 days on market

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1816 W GIRARD Avenue, Philadelphia, PA 19130

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