29 days on rocket

1328 N 7th St, Philadelphia, PA, 19122

$925,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,204 SqFt
$289/SqFt
Multi

Location

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1328 N 7th St, Philadelphia$925,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built2018
HeatingForced Air
CoolingCentral Air
MLS #PAPH2413454
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 1328 N 7th St

This newly constructed triplex at 1328 N 7th St offers the perfect opportunity for investors or owner-occupants looking to live in one unit while generating rental income from the other two. This property was built in 2018 with top-of-the-line finishes, including premium bamboo floors, high ceilings, and outdoor spaces for each unit. The property features three spacious units: Unit 1 is a 3-bedroom, 2.5-bath bi-level layout with two outdoor patios, currently rented for $1,990 with room for increase. Unit 2 is a 2-bedroom, 2-bath unit with a large deck and is currently vacant, ready for immediate occupancy. Unit 3 is a 2-bedroom, 2-bath unit with a private roof deck offering stunning skyline views, currently rented for $1,869 with room for increase. Located within walking distance to Northern Liberties and Fishtown, with easy access to I-95 and Broad St, this property is ideally situated in one of Philadelphia’s most rapidly developing neighborhoods. With 4 years remaining on the tax abatement and located in an Opportunity Zone, this triplex offers unmatched flexibility. Whether you choose to live in one unit and rent the others, hold it as a rental property, or convert even it to condos for resale, the potential is undeniable. Don’t miss your chance to secure a valuable asset in one of Philly’s hottest markets—schedule your tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2018
  • Living Area: 3,204 SqFt

Listing Office:

  • Office Name: Keller Williams Liberty Place
  • Office Phone: (609) 399-5454
  • Listing Agent: Brandon Ribeiro

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: use gps

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $925,000
  • Price Per SqFt: $289/SqFt

Tax Information:

  • Annual Amount: $3,364
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

1328 N 7th St vs Philadelphia

29 DAYS ON ROCKET

-15 Days

$925,000

+$663.1K More

$289/SqFt

+$90 More

KEY TAKEAWAY

This property is $663.1K more than the Median Sold Price and $90/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2413454

Listing Office:

  • Office Name: Keller Williams Liberty Place
  • Office Phone: (609) 399-5454
  • Listing Agent: Brandon Ribeiro

IDX Information Deemed Reliable But Not Guaranteed. 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 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 sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 16, 2014Home Sold
$45,000
Sep 11, 2006Home Sold
$18,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,364 -
2019$3,363$801,000
2018$669$47,800
2017$669$47,800

History based on county public records data.

Payment Calculator

$4,684

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,840

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1012991
5
/10
  • Francis Scott Key School

  • 2230 S 8th St

  • 0.81 miles

  • Public District Grades KG-6

school-card-donut-1012992
7
/10
  • Abram Stockton Jenks School

  • 2501 S 13th St

  • 1.11 miles

  • Public District Grades KG-5

school-card-donut-1012993
3
/10
  • Stephen Girard Elementary School

  • 1800 Snyder Ave

  • 1.21 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,127. The majority of Philadelphia, PA residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesPennsylvaniaPhiladelphia CountyPhiladelphia191221328 N 7th St

This home is located at 1328 N 7th St in Philadelphia, PA and zip code 19122 in the Passayunk Square neighborhood. This 3,204 square foot home, which was built in 2018, sits on a 0.03 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $925,000.

While more than 252 listings in Philadelphia, PA in October 2024 were sold above asking price, there were more than 237 listings sold at asking price, and more than 567 were sold below. Between September 2024 and October 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 9.8%. While the average time on the market in October 2024 was 44 days, the median list price was $261,807.

From Rocket Homes Real Estate and based on county public records data.

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