Renovated Triplex with Original
For Sale
$400,000
1221 W ALLEGHENY AVENUE, Philadelphia, PA 19133
Fully occupied, licensed multifamily property with three upgraded apartments and convenient access to public transportation.
Property Size2,736 SF
Days on Market51
Property Features for 1221 W ALLEGHENY AVENUE
General Information
Standard status
Active
Size
2,736 SF
Property subtype
Triplex
Site & Location
Neighborhood
North Philadelphia
Taxes and HOA fees
Annual Taxes
$5,754
Building Details
Building Size
2,736 SF
Year Built
1930
Listing Agency:
Elfant Wissahickon Realtors
Listed By:
Rachel F Shaw · License #RS338589
(937) 475-1888
Source:
Patmckennarealtors
Added: Sep 16
Changed: Oct 31
Last Checked: Nov 4 at 10:53PM
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 Elfant Wissahickon Realtors
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Investment Insights
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Built in 1930, this legal triplex at 1221 W Allegheny Avenue offers three renovated apartments in a professionally managed property. The unit mix includes one 1-bedroom/1-bath apartment with patio access, one 2-bedroom/2-bath apartment, and one 3-bedroom/2-bath apartment. Each residence has central air conditioning and heat, updated windows, and sprinkler protection. Tenants also share access to an unfinished basement with separate washer and dryer units for each apartment.
The property is zoned RM1, fully occupied, and supported by an active rental license covering all three units. Its brick exterior, front porch, built-in wardrobes, wood mantel pieces, and stained-glass pocket doors retain substantial architectural character. The Allegheny stop on the Broad Street Line is 2 blocks away, with additional bus routes providing transit connections throughout Philadelphia.
The property is zoned RM1, fully occupied, and supported by an active rental license covering all three units. Its brick exterior, front porch, built-in wardrobes, wood mantel pieces, and stained-glass pocket doors retain substantial architectural character. The Allegheny stop on the Broad Street Line is 2 blocks away, with additional bus routes providing transit connections throughout Philadelphia.
Key Highlights
- Legal triplex with active rental license covering all 3 units
- Three apartments renovated in 2020 with a 1‑bedroom, 2‑bedroom, and 3‑bedroom unit mix
- RM1 zoning and professional property management
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Location Intelligence
Trade Area within ½ mile
3,522
Businesses Nearby
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Business Placement
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
Median Home Value
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Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied, licensed multifamily property with three upgraded apartments and convenient access to public transportation.
Where is this triplex located?
The property is located at 1221 W ALLEGHENY AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Legal triplex with active rental license covering all 3 units; Three apartments renovated in 2020 with a 1‑bedroom, 2‑bedroom, and 3‑bedroom unit mix; RM1 zoning and professional property management
