Back 2427 Brown St
Off Market

2427 Brown St

Philadelphia PA 19130

4
2808 sq. ft.
1233 sq. ft.
Duplex
Last sold for $725,000
Frank DeFazioFrank DeFazio, last sold this property on 12 June 2026 after 51 days on market.

Overview

7 CAP INVESTOR ALERT!!!!!!! - 2427 Brown Street presents a prime location, fully leased, all residential triplex in the heart of Fairmount, one of Philadelphia’s most desirable and consistently strong rental markets. This well-maintained, corner property, legally zoned 3-family dwelling spans approximately 2,800 square feet and features an efficient unit mix of two one-bedroom units and one two-bedroom unit, appealing to a broad tenant base. Unit 1 is a 1 bed / 1 bath currently rented for $1,838 per month with a lease expiration of 5/31/2027, Unit 2 is a 1 bed / 1 bath rented for $1,885 per month with a lease expiration of 5/31/2027, and Unit 3 is a 2 bed / 1 bath rented for $1,849 per month with a lease expiration of 5/31/2027, bringing the total gross monthly rent to $5,572. Each unit offers bright, open layouts with excellent natural light and the convenience of in-unit laundry, supporting strong tenant retention and long-term rental performance. The property is 100% occupied with stable tenancy in place, providing immediate cash flow with minimal turnover risk. Constructed of solid brick with a full basement, the building has been well cared for and operates with straightforward expenses, making it a true turnkey asset with additional upside potential. Located just steps from Fairmount Avenue, the Art Museum, and major Center City access points, the property benefits from exceptional walkability, consistent tenant demand, and strong long-term appreciation potential, making it an ideal acquisition for both seasoned investors and those looking to enter the multifamily market in a prime location.

Features

4 bedrooms
2808 sq. ft. floor area
1233 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 4 bedroom duplexes sold in Philadelphia over the last 12 months, the estimated median property value of 2427 Brown St is $627.5k.

Median value
$627.5k
Estimated value range
$375k - $740k
Median days on market
125
Estimated value trend
0%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Philadelphia. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2427 Brown St

2026
Sold
$725,000
12 Jun 2026 by Frank DeFazio, of BHHS Fox & Roach-Center City Walnut
2018
Sold
$590,000
20 Dec 2018 by Matthew Greene, of Coldwell Banker Preferred - Center City
2014
Sold
$475,000
02 Apr 2014

Happy sellers in Philadelphia

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We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.

Local market activity for 4 bedroom duplexes in Philadelphia

In the last 12 months, 8 four-bedroom duplexes similar to 2427 Brown St, have been sold.

This represents a 350% decrease in four-bedroom duplexes sales when compared to the previous 12 months.

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