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Renovated Fully Occupied Triplex
For Sale
$309,900

1221 Lindley Ave, Philadelphia, PA 19141

Renovated three-unit property with established occupancy, separate gas and electric metering, and basement laundry facilities.

Property Size2,188 SF
Price / SF$141.64
Days on Market10

Property Features for 1221 Lindley Ave

General Information

Standard status Active
Size 2,188 SF
Property subtype Multi-Family

Building Details

Year Built 1935
Listing Agency: BHHS Fox & Roach-Jenkintown
Listed By: christian washington · License #RS347539
Source: Upgradebymichaud
Added: Sep 18 Last Checked: Sep 26 at 12:37PM

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 2,188-square-foot triplex, built in 1935, has been renovated and is fully occupied across three residential units. The unit mix includes one two-bedroom, one-bath apartment and two one-bedroom, one-bath apartments. Current occupancy is 100%, and the property carries a 9.9% cap rate.

Gas and electric service are separately metered for each unit, with those utilities paid directly by residents. Water is supplied through a landlord-paid master meter. A coin-operated washer and dryer in the basement provide an additional on-site amenity. Located in Philadelphia, PA, the property offers an established multifamily configuration with existing residents and completed renovations.

Key Highlights

  • 2,188‑square‑foot triplex built in 1935
  • 100% occupied across three residential units
  • Unit mix: 1 two‑bedroom/1‑bath unit and 2 one‑bedroom/1‑bath units

Property Analytics

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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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Renovated three-unit property with established occupancy, separate gas and electric metering, and basement laundry facilities.
Where is this triplex located?
The property is located at 1221 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 built in 1935; 100% occupied across three residential units; Unit mix: 1 two‑bedroom/1‑bath unit and 2 one‑bedroom/1‑bath units
More about this property
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