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Investor Opportunity! Renovated 8-unit apartment building situated on a desirable corner lot, offering strong visibility and long-term rental appeal. The majority of the property has been updated, featuring new flooring, fresh neutral paint, recessed lighting, and updated kitchens and bathrooms throughout many of the units. The unit mix provides an excellent balance, consisting of a combination of 2-bedroom/1-bath apartments, 1-bedroom/1-bath apartments and studio units, appealing to a wide range of tenants and supporting consistent occupancy. Kitchens have been updated with modern finishes, and bathrooms have been refreshed for a clean, contemporary look. Tenant-paid utilities include electricity and electric heat. Owner pays water, sewer, and trash. The corner location enhances accessibility and curb appeal, contributing to tenant demand. This property presents a solid opportunity for investors seeking a stabilized or value-add asset with recent improvements already in place and room for continued upside through remaining updates, rent optimization, or operational efficiencies. Conveniently located near local amenities, transportation routes, and everyday services. A strong addition to any investment portfolio. Schedule your showing today!

Source: BRIGHT MLS, MLS#: PADA2052534

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  • Property Type
    Residential Income
  • Lot
    0.03 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 31-33 S 18TH STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/3/2026Source: BRIGHT MLS Price Reduction
$739,900 -2.6%
6/3/2026Source: BRIGHT MLS Price Reduction
$739,900 -2.6%
4/2/2026Source: BRIGHT MLS Price Reduction
$759,900 -2.6%
4/2/2026Source: BRIGHT MLS Price Reduction
$759,900 -2.6%
2/9/2026Source: BRIGHT MLS Price Reduction
$779,900 -2.5%
2/9/2026Source: BRIGHT MLS Price Reduction
$779,900 -2.5%
12/24/2025Source: BRIGHT MLS Added to Database
December 24, 2025
12/24/2025Source: BRIGHT MLS Added to Database
December 24, 2025
Listing provided courtesy of Pagoda Realty ERA Powered- MLS# PADA2052534MLS ProviderContact Information: [email protected] - 6109857700