Renovated Triplex Near
1334 N 7TH Street, Philadelphia, PA 19122
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property size:
4,488 SFLot size:
0.03 AcresPrice / SF:
$211/SF- Added:
- Jul 3, 2025
- Days on Market:
- 320
- Last Refresh:
- May 18 at 9:06 am
Property Features for 1334 N 7TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 4,488 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1767
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2016
- Number of units
- 3
- Building materials
- Masonry, Brick, BattsInsulation, Advanced Framing, Concrete, CPVC/PVC, Glass
- Architectural style
- Other
Listing agent Netanel Levi License #AB067944 (215) 510-0515
Listing office Level 18 Realty 1516 N 5th Street unit: 112, philadelphia, PA (215) 883-0428
Listing date Jul 3, 2025
MLS# PAPH2511140
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully renovated triplex in a rapidly growing Philadelphia neighborhood (near Fishtown, Northern Liberties & Temple University).
- Three spacious bi‑level units, each with private entrances and high‑end finishes.
- Each unit includes in‑unit laundry, modern kitchens with stainless steel appliances, and hardwood flooring.
- Legally deeded as condominiums with separate tax parcels, offering flexibility for future sales.
- Excellent location: close to restaurants, cafes, parks, nightlife, and convenient access to Center City.
- Built in 2016, featuring modern construction materials and systems (Central Heating/Cooling).
Overview
This fully renovated triplex, located near Fishtown, Northern Liberties, and Temple University, presents an opportunity for investors and owner-occupants. The building contains 3 bi-level units, each featuring high-end finishes, in-unit laundry, and private entrances. The property has a total of 3 units, with 5 bedrooms and 3 full and 1 half bathrooms. The combined square footage of the building is approximately 3,900 sq ft. Unit 1, located on the ground level, features 3 beds and 2.5 baths within 1,800 sq ft. Units 2F and 2R, both located on the second floor, each contain 1 bed and 1 bath within 1,050 sq ft. Each unit includes modern kitchens with stainless steel appliances, center islands, and contemporary cabinetry, along with hardwood flooring. The bathrooms feature glass-enclosed showers, soaking tubs (in select units), double vanities, and skylight windows. Oversized windows and skylights provide natural light, and each unit has generous closet space and a washer and dryer. The property is located steps from Fishtown, Northern Liberties, and Temple University and is surrounded by restaurants, cafes, parks, and nightlife. Center City is just 10 minutes away by car or public transit. The lot size is 0.0312 acres and the property size is 4,488 square feet.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$851.0K
NOI $76,587 @ 9.00% cap · cautious / downside scenario
Moderate
$1.09M
NOI $76,587 @ 7.00% cap · market / base-case scenario
Aggressive
$1.53M
NOI $76,587 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $115.8k | $25.80 |
| − Vacancy | −$6.4k | −$1.42 |
| EGI | $109.4k | $24.38 |
| − OpEx | −$32.8k | −$7.31 |
| NOI | $76.6k | $17.06 |
4,488 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$1.09M
$957.3K – $1.28M
NOI $76,587 @ 7.0% cap · market cap 8.06%
Second Best
Apartment 5plus
$1.01M
$882.4K – $1.18M
NOI $70,594 @ 7.0% cap · market cap 7.43%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Delaware
- State
- Pennsylvania
- Longitude
- -75.14794
- Latitude
- 39.97276
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Fully renovated triplex with bi-level units near Fishtown and Temple.
Where is this triplex located?
The property is located at 1334 N 7TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Fully renovated triplex in a rapidly growing Philadelphia neighborhood (near Fishtown, Northern Liberties & Temple University).; Three spacious bi‑level units, each with private entrances and high‑end finishes.; Each unit includes in‑unit laundry, modern kitchens with stainless steel appliances, and hardwood flooring.
