Quadplex with Central Air
1325 N Franklin Street Philadelphia, PA 19122
For Sale
$775,000
Four-unit quadplex with separate utilities and central air, including one currently rented front-facing unit.
Property Size3,318 SF
Price / SF$233.57
Days on Market289
Property Features for 1325 N Franklin Street
General Information
- Standard status
- Active
- Size
- 3,318 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1900
Listing Agency:
Pulte Homes of PA Limited Partnership
(856) 222-0077
Listed By:
Francis Brennan
Source:
Thetristaterealestategroup
Added: Oct 9, 2025
Changed: Jul 23
Last Checked: Jul 24 at 5:26AM
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 Pulte Homes of PA Limited Partnership
Investment Insights
Based on property information with market context.
This quadplex includes four residential units with separate utilities and central air. The first-floor unit spans the full length of the property and features 3 bedrooms and 2 full baths. The upper level offers two 2-bedroom, 1-bath units and a unique bi-level 2-bedroom, 2-bath unit that faces the front of the building. Granite countertops are included throughout, and a shared basement provides laundry. The basement has the potential to be converted into an additional unit or studio space. The property has also recently received new star bolts.
The front unit is currently rented. The public remarks indicate the property is located in Ludlow/Olde Kensington and is within minutes of Temple University, Northern Liberties, Fishtown, and Center City, with access to public transportation for a commute to Center City and nearby neighborhoods.
The front unit is currently rented. The public remarks indicate the property is located in Ludlow/Olde Kensington and is within minutes of Temple University, Northern Liberties, Fishtown, and Center City, with access to public transportation for a commute to Center City and nearby neighborhoods.
Key Highlights
- 4‑unit quadplex with central air and separate utilities for each unit
- Layout includes a full‑length first‑floor unit with 3 bedrooms and 2 full baths
- Two 2‑bedroom, 1‑bath units plus one bi‑level 2‑bedroom, 2‑bath unit that faces the front of the building
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 | $85.6k | $25.80 |
| − Vacancy | −$4.7k | −$1.42 |
| EGI | $80.9k | $24.38 |
| − OpEx | −$24.3k | −$7.31 |
| NOI | $56.6k | $17.06 |
3,318 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$808.9K
$707.8K – $943.7K
NOI $56,621 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$745.6K
$652.4K – $869.9K
NOI $52,191 @ 7.0% cap · market cap 6.73%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four-unit quadplex with separate utilities and central air, including one currently rented front-facing unit.
Where is this quadplex located?
The property is located at 1325 N Franklin Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 4‑unit quadplex with central air and separate utilities for each unit; Layout includes a full‑length first‑floor unit with 3 bedrooms and 2 full baths; Two 2‑bedroom, 1‑bath units plus one bi‑level 2‑bedroom, 2‑bath unit that faces the front of the building
