About This Home

This 0-bedroom, 0-bathroom residential multi family at 1826 W NORRIS Street in Philadelphia, PA is listed for $415,000 ($226 per sqft). Built in 2014, the home offers 1,839 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 2014
  • 0.02 acre lot
  • 2 stories

Property Details

2 stories
2014

Amenities

A/C
Listing Description

Prime high-cash-flow duplex investment opportunity near Temple University in one of Philadelphia's strongest student rental corridors. Located at 1826 W Norris St, this newer-construction (2014) duplex features two oversized bi-level apartments, each offering 4 bedrooms and 2 full bathrooms with approximately 1,500 sq ft per unit-a highly sought-after layout for Temple student and group rentals.

Each unit features hardwood floors, central air and heat, in-unit washer and dryer, and abundant natural sunlight throughout. The property has been professionally maintained by a full-service property management company, offering investors confidence in the condition, operations, and tenant management history.

Separate utilities further enhance efficiency and help maximize net income. The property currently generates nearly $40,000 in annual income with immediate in-place cash flow from day one. A major value-add opportunity arrives in July when Unit B becomes vacant, creating the perfect opportunity for an investor to quickly reposition the unit and capture higher market rents, significantly increasing revenue and improving overall returns.

With continued strength in Temple-area rental demand, this vacancy provides a near-term catalyst for income growth without waiting for long lease rollover timelines. For owner-occupants, the upcoming vacancy also presents a rare opportunity to live in one unit while benefiting from strong rental income from the second apartment.

For investors, this is an ideal chance to increase NOI and force appreciation through rent growth in the near term. The location is exceptionally attractive to tenants-just minutes from Temple University Main Campus and surrounded by popular nightlife, restaurants, and neighborhood staples including Maxi's Pizza Subs & Bar, The Draught Horse, and Pub Webb.

Tenants also benefit from easy access to shopping, dining, and convenient transportation via the SEPTA Broad Street Line and multiple bus routes. The property is being offered individually or as part of a portfolio package with nearby properties at 1716 W Norris St and 1921 N Gratz St, presenting a rare opportunity to acquire three income-producing assets within approximately two blocks of one another in a proven high-demand rental market.

Strong in-place cash flow, professional management history, near-term rent upside, and modern construction make this a standout Temple-area investment with immediate upside potential.

Monthly Cost Estimate

$2,220/mo

20% down · 6.5% · 30 years

Principal$300
Interest$1,798
Insurance$121

Estimates only. Actual payments may vary.

Location

1826 W NORRIS Street

Philadelphia, PA 19121

PHILADELPHIA (NORTHWEST)

Property Details

Construction

Brick Brick Front Combination Concrete Mixed Stone Tile

Parking

On Street

Heating

Forced AirHeat Pump (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1826 W NORRIS Street is listed at $415,000 ($226/sqft). The estimated monthly payment is $2,219 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2014, 0.02 acre lot, 2 stories.

This property is listed by Thaddeus Dynakowski III and can be reached at 2159953199.

TI

Thaddeus Dynakowski III

Agent at OCF Realty LLC - Philadelphia

(215) 995-3199

Listed by OCF Realty LLC - Philadelphia · View on Broker Site

MLS# PAPH2597220· Source: listhub· 105 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.

1826 W NORRIS Street, Philadelphia, PA 19121

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