1839 N 17 th  Street
Temple is the 2 nd  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 at Temple. It is only 2 blocks away from the main campus. 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 mostly above $80,000 ( varies between $79,800
and $82,500) for the past 8 years under current management. The CAP rate is an
impressive 9%.
The property is a large, well maintained duplex.
Unit A has 6 spacious bedrooms spanning 3 levels. It comes with a full size basement
for laundry, entertainment and storage. The fenced-in backyard provides extra space for
relaxation and enjoyment. The average rent for the unit is $3750 per month with 12
months leases.
Unit B has 5 spacious bedrooms spanning 2 levels with 2.5 bathrooms and a large living
room. The average monthly rent has been between $2900 and $3250.
Financial details are available upon request.
The income description goes here to explain
List Price | $625,000 |
Property Type | Duplex (2-units) |
Usable Sqft | 2,721 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 2011 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 321111400 |
MLS # | PAPH2453936 |
Property ID | 293386622 |
Lot Sqft | 1,820 |
Zoning | RM1 |
Total Units | 2 |
Days on Market | 5 |
Original List Price | Unknown |
Date Updated | March 07, 2025 |
Date Created | March 06, 2025 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $79,800 | $0 |
Cap Rate | 9.00% |
Marcus Shellenberger an agent of . Lic #RS333936
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REAL ESTATE AGENT