Search
Brick Triplex with In-Unit Laundry
For Sale
$389,900

1319 E LYCOMING Street, Philadelphia, PA 19124

MULTI_FAMILY - PHILADELPHIA, PA

Property Size1,248 SF
Lot Size0.03 Acres
Price / SF$312.42
Days on Market205

Property Features for 1319 E LYCOMING Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking features On Street
Subdivision JUNIATA
High school FRANKFORD
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 1,248 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 2904

Utilities

Heating system Baseboard, Hot Water(Heating)

Building Details

Year built 1923
Number of units 2
Building materials Brick
Listing Agency: RE/MAX Preferred - Cherry Hill · RE/MAX International
Listed By: ARAFAT FARHAT · License #RS352372
Added: Jan 9 Changed: Jul 19 Last Checked: Aug 2 at 12:06PM
MLS# PAPH2572924

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 brick corner triplex provides three residential units with separate utilities and in-unit washer/dryers. The unit mix includes a basement 1-bedroom, 1-bath unit, a first-floor 2-bedroom, 1-bath unit, and a second-floor 2-bedroom, 1-bath unit. The property is fully rented and is being sold AS-IS.

Located in Philadelphia’s Juniata section, the building is described as needing some TLC, making it suitable for buyers looking to address condition while maintaining the existing rental income. The lot size is listed at 0.0286 acres, with a total property size of 1,248 square feet.

With its three-unit configuration and in-unit laundry for each unit, this triplex supports straightforward ongoing operations under the current tenancy status, subject to the AS-IS sale terms.

Key Highlights

  • Brick triplex built in 1923 in Philadelphia’s Juniata Park/Juniata section
  • 3‑unit mix: basement 1 bed/1 bath; first floor 2 bed/1 bath; second floor 2 bed/1 bath
  • Each unit has separate utilities and in‑unit washer/dryers

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 $24.7k $19.80
− Vacancy −$1.7k −$1.39
EGI $23.0k $18.41
− OpEx −$6.9k −$5.52
NOI $16.1k $12.89
1,248 SF · lease $19.80/SF/yr · vacancy 7.03% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$229.7K
$201.0K – $268.0K (±1% cap)
NOI $16,081 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$211.4K
$185.0K – $246.6K (±1% cap)
NOI $14,797 @ 7.0% cap · market cap 3.80%
Theoretical Best
Specialty Retail
$717.9K
$628.1K – $837.5K (±1% cap)
NOI $50,250 @ 7.0% cap · market cap 12.89%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,294
Businesses Nearby

Demographics for 19124, PA

68,766
Population
27,014
Households
2.5
Avg Household Size
33
Median Age
15%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
13,484
Density / Sq Mi
$46,100
Median Household Income
$35,364
Median Earnings
$1,063
Median Rent
$155,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Corner brick triplex offers three separate units with in-unit washer/dryers and separate utilities.
Where is this triplex located?
The property is located at 1319 E LYCOMING Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Brick triplex built in 1923 in Philadelphia’s Juniata Park/Juniata section; 3‑unit mix: basement 1 bed/1 bath; first floor 2 bed/1 bath; second floor 2 bed/1 bath; Each unit has separate utilities and in‑unit washer/dryers
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