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Three-Story Brick Triplex
For Sale
$299,900

1516 W Westmoreland St, Philadelphia, PA 19140

Three residential units include separate electrical panels and access to a full unfinished basement.

Property Size2,274 SF
Price / SF$131.88
Days on Market31

Property Features for 1516 W Westmoreland St

General Information

Standard status Active
Size 2,274 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence value-add improvements

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Building Details

Year Built 1925
Buildings 1
Stories 3
Construction brick
Listing Agency: RE/MAX Access
Listed By: Terrance E Lee · License #RS294824
Source: Upgradebymichaud
Added: Jul 31 Changed: Aug 29 Last Checked: Aug 25 at 5:46AM

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 RE/MAX Access

Investment Insights

Based on property information with market context.

This 2,274 SF, three-story brick-front triplex, built in 1925, contains a one-bedroom first-floor unit, a two-bedroom second-floor unit, and a one-bedroom third-floor unit. Residential features include living and dining areas, eat-in kitchens, full bathrooms, and ceiling fans. The first-floor residence also connects directly to the rear yard and basement.

The full unfinished basement provides additional storage space and contains three heaters, three water heaters, and three gas meters. Each unit has its own electrical panel, supporting distinct utility management across the building. The property is located in Philadelphia near public transportation, Temple Hospital, and Temple School of Dentistry.

Key Highlights

  • Three‑story brick‑front triplex with 2,274 SF
  • Unit mix includes two 1‑bedroom units and one 2‑bedroom unit
  • Full unfinished basement with direct access from the first‑floor unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Computer & Electronic Repair HVAC Service

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,304
Businesses Nearby

Demographics for 19140, PA

52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three residential units include separate electrical panels and access to a full unfinished basement.
Where is this triplex located?
The property is located at 1516 W Westmoreland St Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Three‑story brick‑front triplex with 2,274 SF; Unit mix includes two 1‑bedroom units and one 2‑bedroom unit; Full unfinished basement with direct access from the first‑floor unit
More about this property
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