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Renovated Triplex
New
For Sale
$309,900

1221-00 LINDLEY AVE, Philadelphia, PA 19141

Three occupied apartments have separate gas and electric meters, with tenants paying those utility costs directly.

Property Size2,188 SF
Price / SF$141.64
Days on Market2

Property Features for 1221-00 LINDLEY AVE

General Information

Standard status Active
Size 2,188 SF
Property subtype Multi-family
Occupancy 100%
Net Operating Income $30,555

Financials

Asking Price $309,900
Cap Rate 9.9%
Gross Income $34,800

Units

Unit Mix 1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 3

Additional Details

Utilities to Site Yes

Amenities

coin-operated laundry

Building Details

Buildings 1
Listing Agency: BHHS Fox & Roach-Jenkintown
Listed By: christian washington · License #RS347539
Source: Davidyungmann.myrealestateplatform
Added: Sep 26 Last Checked: Sep 26 at 3:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Fox & Roach-Jenkintown

Investment Insights

Based on property information with market context.

This renovated triplex contains 2,188 square feet across three apartments. The unit mix includes one two-bedroom, one-bath residence and two one-bedroom, one-bath residences. All three units are occupied, and the property reports a 9.9% cap rate.

Gas and electric service is separately metered for each apartment, with tenants responsible for those utilities. Water runs through a landlord-paid master meter. A coin-operated washer and dryer are located in the basement.

Key Highlights

  • 2,188‑square‑foot triplex with three occupied units
  • Unit mix: one 2‑bedroom, 1‑bath apartment and two 1‑bedroom, 1‑bath apartments
  • Reported 9.9% cap rate

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Building Supply Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,521
Businesses Nearby

Demographics for 19141, PA

31,047
Population
16,290
Households
1.9
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
1.7 sq mi
ZIP Area
18,263
Density / Sq Mi
$42,461
Median Household Income
$34,464
Median Earnings
$1,009
Median Rent
$143,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three occupied apartments have separate gas and electric meters, with tenants paying those utility costs directly.
Where is this triplex located?
The property is located at 1221-00 LINDLEY AVE Philadelphia, PA.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: 2,188‑square‑foot triplex with three occupied units; Unit mix: one 2‑bedroom, 1‑bath apartment and two 1‑bedroom, 1‑bath apartments; Reported 9.9% cap rate
More about this property
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