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    1338 N Franklin St Philadelphia, PA 19122

    New
    For Sale
    $1,200,000

    MULTI_FAMILY - Contemporary - PHILADELPHIA, PA

    Lot size:
    0.04 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 1338 N Franklin St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Rooms
    Basement
    Parking
    2
    Parking features
    Driveway
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2025
    Number of units
    4
    Architectural style
    Contemporary

    Keller Williams Main Line (610) 520-0100 [email protected]

    Listing agent Francis Mangubat (302) 423-9007 License #RS33379

    Listing date Dec 2, 2025

    MLS# PAPH2495000 Listing URL

    Copyright © 2025 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.

    Overview

    New Triplex in Olde Kensington

    This new triplex is located in the heart of Olde Kensington, one of Philadelphia's fastest-growing and most desirable neighborhoods. The multifamily property features three residential units, each offering modern luxury and high-end finishes. Unit 1 is a spacious 3-bedroom, 3-bathroom bi-level home with an open-concept layout and large windows. It also features a fully finished lower level. Units 2 and 3 each offer 2 bedrooms and 2 full bathrooms, featuring quartz countertops, wood grain cabinetry, and stainless steel appliances in the kitchens. All units are finished with hardwood flooring throughout, contemporary tilework in the bathrooms, and full-size laundry setups. The property includes 2 private parking spaces. Located minutes from Northern Liberties and Fishtown hotspots like La Colombe Coffee Roasters, Front Street Cafe, Frankford Hall, and Punch Buggy Brewing, residents have walkable access to restaurants, parks, and cultural attractions. With close proximity to public transportation and I-95, commuting throughout the city is seamless. It is located at 1338 N FRANKLIN Street, PHILADELPHIA, PA 19122. The lot size is 0.04 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.14872742
    Latitude
    39.97286606

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    FAQs

    What type of property is this?
    Triplex - Meticulously designed triplex in Philadelphia's desirable Olde Kensington neighborhood.
    Where is this triplex located?
    The property is located at 1338 N Franklin St Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Attractive financing: Take advantage of a 4.75% temporary interest rate (1st year) with a 2% buydown at no cost to the buyer (using preferred lender).; - New construction triplex: Three modern units with high-end finishes, offering immediate rental income potential or multi-family living.; - Prime location: Situated in the desirable Olde Kensington neighborhood, with walkable access to Northern Liberties and Fishtown amenities.
    (302) 423-9007
    Request Owner's contact information
    1338 N Franklin St Philadelphia, PA 19122
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    Philadelphia, PA 19122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1338 N Franklin St Philadelphia, PA 19122
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