Rented Triplex
3217 TURNER Street Philadelphia, PA 19121
3217 TURNER Street, Philadelphia, PA, 19121
$490,000
For Sale
$490,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size1,752 SF
Lot Size0.03 Acres
Price / SF$279.68
Days on Market198
Property Features for 3217 TURNER Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Driveway, On Street
- Standard status
- Active
- Size
- 1,752 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5260
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Number of units
- 2
- Building materials
- Masonry, Brick, Stucco
Listing Agency
Redfin Corporation
(484) 962-0034
993 Old Eagle School Road unit: 417, Conshohocken, PA
Listed by
Melissa Rae Theodule
(267) 980-1180
Added: Dec 30, 2025 Checked: Jul 16 at 6:06 pm
MLS# PAPH2569322
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.
Investment Insights
Based on property information with market context.
This fully rented triplex rowhome offers three separate 2-bedroom units within a single residential building. The property includes central A/C and a full basement that can support storage needs. Off-street parking is available for two vehicles, and there is also a small roof deck.
The home is located at 3217 TURNER Street in Philadelphia, PA 19121. The listing notes the property is in the Strawberry Mansion area, described as secluded in the public remarks.
For buyers seeking a multi-unit residential income property, the existing unit configuration provides three distinct 2-bedroom spaces in one asset. On-site features such as off-street parking, central A/C, and basement storage add practical value for day-to-day tenant needs. The property’s fully rented status may be appealing to those looking to acquire an income-producing triplex without first arranging unit occupancy.
The home is located at 3217 TURNER Street in Philadelphia, PA 19121. The listing notes the property is in the Strawberry Mansion area, described as secluded in the public remarks.
For buyers seeking a multi-unit residential income property, the existing unit configuration provides three distinct 2-bedroom spaces in one asset. On-site features such as off-street parking, central A/C, and basement storage add practical value for day-to-day tenant needs. The property’s fully rented status may be appealing to those looking to acquire an income-producing triplex without first arranging unit occupancy.
Key Highlights
- Fully rented triplex rowhome with three 2‑bedroom units
- Built in 1915 with masonry brick and stucco construction
- Central heating and central A/C
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.2k | $25.80 |
| − Vacancy | −$2.5k | −$1.42 |
| EGI | $42.7k | $24.38 |
| − OpEx | −$12.8k | −$7.31 |
| NOI | $29.9k | $17.06 |
1,752 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$427.1K
$373.7K – $498.3K
NOI $29,898 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$393.7K
$344.5K – $459.3K
NOI $27,558 @ 7.0% cap · market cap 5.62%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Three 2-bedroom units with central A/C, a full basement, and off-street parking.
Where is this triplex located?
The property is located at 3217 TURNER Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Fully rented triplex rowhome with three 2‑bedroom units; Built in 1915 with masonry brick and stucco construction; Central heating and central A/C
