Back to Search
South Philadelphia Triplex For Sale

1250 S 15TH Street Philadelphia, PA 19146

1250 S 15TH Street, Philadelphia, PA, 19146
$499,900
For Sale
Claim this Listing
$499,900

MULTI_FAMILY - PHILADELPHIA, PA

Property Size2,217 SF
Lot Size0.03 Acres
Price / SF$225.48
AddedMay 12
Days on Market65
Last RefreshJul 15 at 12:06 pm

Property Features for 1250 S 15TH Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
Standard status
Active
Size
2,217 SF
Lot size
0.03 Acres

Taxes and HOA fees

Tax Annual Amount
6943

Utilities

Heating system
Central

Building Details

Year built
1915
Number of units
3
Building materials
Masonry

Listing agent Joseph B Bograd License #AB066484

Listing office Elite Realty Group Unl. Inc. 1456 County Line Road, Huntingdon Valley, PA

Listing date May 12, 2026

MLS# PAPH2620652 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.

Located in the heart of South Philadelphia, this triplex presents an opportunity for investors and owner-occupants. The first floor features a one-bedroom, one-bathroom unit with direct access to a private yard. This unit was previously rented for $1350 per month and is currently vacant. The second floor has been renovated and includes hardwood floors throughout. This one-bedroom, one-bathroom unit was previously rented for $1700 per month. The third-floor unit is also a one-bedroom, one-bathroom and is currently occupied with a tenant paying $1150 per month through June, offering rental income with turnover potential for increased rent. Each unit has separate utilities. A shared washer and dryer are located in the basement. The property size is 2217 square feet and the lot size is 0.0291 acres.

Key Highlights

  • Triplex in desirable South Philadelphia location
  • Income‑generating property with existing tenants and potential for increased rents
  • First‑floor unit with private yard and immediate occupancy option

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 $57.2k $25.80
− Vacancy −$3.2k −$1.42
EGI $54.0k $24.38
− OpEx −$16.2k −$7.31
NOI $37.8k $17.06
2,217 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$540.5K
$472.9K – $630.6K (±1% cap)
NOI $37,833 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$498.2K
$435.9K – $581.2K (±1% cap)
NOI $34,872 @ 7.0% cap · market cap 6.98%
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

Suggested Use

Electrical Service Nursing Home Nursing Home (Bike/Boat/Book/etc) Store HVAC Service Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Shopping Center & Mall Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex in demand location with income potential.
Where is this triplex located?
The property is located at 1250 S 15TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Triplex in desirable South Philadelphia location; Income‑generating property with existing tenants and potential for increased rents; First‑floor unit with **private yard and immediate occupancy option**
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message