Philadelphia, PA 19133 2640 N Jessup Street

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Presented By: Keller Williams Main Line
  • MLS# PAPH2549436
  • 10/18/2025
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  • Beds • 5

Home Details

Welcome to 2640 N Jessup St an extraordinary 2024 new construction duplex built for investors who demand both immediate income and long-term appreciation. This modern multifamily asset offers two beautifully designed units, each crafted with premium finishes, open layouts, and top-tier mechanical systems that minimize maintenance and maximize performance. Unit 1 is a bright, spacious lower-level residence rented for $1,900/month, featuring a sleek chefs kitchen with quartz countertops, stainless steel appliances, soft-close cabinetry, a tile backsplash, and a luxury full bath. Unit 2, leased at $2,100/month, mirrors the same elevated design with high ceilings, generous living space, and a sophisticated kitchen perfect for entertaining. Both apartments are equipped with in-unit washer and dryer, central HVAC, and separate utilities, ensuring optimal tenant independence and streamlined management for the owner. This property delivers $4,000/month ($48,000 annually) in gross rental income from day one, offering a rare balance of stability and growth potential. Built with efficiency, durability, and architectural precision, 2640 N Jessup St stands out as a true turnkey investment in one of Philadelphias most promising growth corridors. Located near major transit lines, Temple University, and several ongoing redevelopment projects, it provides unmatched convenience and strong tenant demand. Whether held as a cash-flowing asset or a future equity play, this duplex is a perfect addition to any serious investors portfolio combining luxury, location, and long-term financial performance in one complete package.
Presented By: Keller Williams Main Line

Interior Features for 2640 N Jessup Street

Bedrooms

Three Bedroom Units Count1

Other Interior Features

LivingAreaSourceEstimated
BasementFully Finished
Basement (Y/N)Yes
Central Air Y/NYes
FlooringHardwood
Furnished UnitsNone
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
Total Stories3

General for 2640 N Jessup Street

Acceptable FinancingCash, Conventional, VA
AccessibilityNone
Architectural StyleTraditional
CityPHILADELPHIA
Construction Completed Y/NYes
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsGPS
DisclosuresProp Disclosure
ExclusionsTenants belongings
Garage Y/NNo
HeatingForced Air
Home Warranty Y/NYes
Lease TypeYearly
Living Area2400
Lot Size Square Feet900.00
Lot Size UnitsSquare Feet
MLS Area19133 (19133)
MunicipalityPHILADELPHIA
New ConstructionYes
Number Of Units Total2
Number of Units Leased2
One Bedroom Units Count
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2
OwnerPaysCommon Area Maintenance, Heater Maintenance Contract, Sewer Maintenance, Taxes - Real Estate
OwnershipFee Simple
Possession0-30 Days CD, Immediate, Subject to Existing Lease
Price Per Sq Ft Total AG204.17
Property ConditionExcellent
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
RoofFiberglass
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount575.0
Tax Assessed Value41100.0
Tax Lot82
Tax Year2025
Total Actual Rent48000.00
Total SQFT2400
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2024
Year Built SourceEstimated
ZoningRM1

Exterior for 2640 N Jessup Street

Foundation DetailsConcrete Perimeter
InclusionsAppliances
Land Assessed Value57160.00
Land Use CodeSR
Lot Dimensions16.00 x 56.00
Lot Size Acres0.00
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $490,000
MLS#PAPH2549436
List Date 10/18/2025
Property Type Multi-Family
Phone 703.929.4729
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