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Renovated Triplex with Original Details
New
For Sale
$410,000

1221 W ALLEGHENY Avenue, Philadelphia, PA 19133

Multi-Family, PHILADELPHIA, PA

Property Size2,736 SF
Lot Size0.04 Acres
Price / SF$149.85
Days on Market2

Property Features for 1221 W ALLEGHENY Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking features On Street
Interior features Wood Floors, Kitchen - Eat-In, Bathroom - Tub Shower
Appliances Dryer, Stove, Washer, WaterHeater, Refrigerator
Subdivision FAIRHILL
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 2,736 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 5754

Utilities

Heating system Central
Cooling system Central Air

Amenities

updated windows
central ac and heat
common unfinished basement with separate washer and dryer for each
front porch
built-in wardrobes
wood mantle pieces
stained glass pocket doors

Building Details

Year built 1930
Number of units 3
Building materials Masonry
Architectural style Other
Listing Agency: Elfant Wissahickon Realtors
Listed By: Rachel F Shaw · License #RS338589
Added: Sep 16 Last Checked: Sep 17 at 11:06AM
MLS# PAPH2671636

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 2,736-square-foot triplex at 1221 W Allegheny Avenue contains three renovated apartments completed in 2020: a one-bedroom, one-bath unit with patio access, a two-bedroom, two-bath unit, and a three-bedroom, two-bath unit. The property is fully occupied, professionally managed, and licensed for all three units. Central air and heat, updated windows, sprinkler systems, and separate washers and dryers in the common unfinished basement support day-to-day operations. A brick exterior, front porch, wood floors, built-in wardrobes, wood mantels, and stained-glass pocket doors add architectural character. The property is zoned RM1 and includes on-street parking. Temple Hospital, Temple Dental School, and Temple School of Pharmacy are two blocks away, as is the Allegheny stop on the Broad Street Line, with additional bus service nearby.

Key Highlights

  • Fully occupied legal triplex with active rental licenses for all 3 units
  • Three apartments renovated in 2020 with 1-, 2-, and 3‑bedroom layouts
  • 2,736 square feet on a 0.0424‑acre lot

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Parking Lot & Garage Gym & Fitness Center Acupuncture

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
Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

3,522
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Legal three-unit property with RM1 zoning, central systems, and convenient public transit access.
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 $410,000.
What are key features of this property?
This property features: Fully occupied legal triplex with active rental licenses for all 3 units; Three apartments renovated in 2020 with 1-, 2-, and 3‑bedroom layouts; 2,736 square feet on a 0.0424‑acre lot
More about this property
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