Bi-Level
New
For Sale
$950,000
1334 N 7TH Street, Philadelphia, PA 19122
Multi-Family, PHILADELPHIA, PA
Property Size4,488 SF
Lot Size0.03 Acres
Price / SF$211.68
Days on Market2
Property Features for 1334 N 7TH Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Property condition
Under Construction
Rooms
Basement
Parking features
On Street
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
4,488 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
1767
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
in-unit laundry
private entrances
Building Details
Year built
2016
Number of units
3
Building materials
Masonry, Brick, BattsInsulation, Advanced Framing, Concrete, CPVC/PVC, Glass
Architectural style
Other
Buildings
1
Listing Agency:
Level 18 Realty
(215) 883-0428
Listed By:
Netanel Levi · License #AB067944
(215) 510-0515
Added: Oct 29
Last Checked: Oct 30 at 3:06AM
MLS# PAPH2685660
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.
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Investment Insights
Based on property information with market context.
This 2016 triplex contains three bi-level condominium apartments, all offered together as one building. The ground-floor residence has three bedrooms and two-and-a-half bathrooms; two upper-floor apartments each have one bedroom and one bathroom. Each unit has a private entrance and in-unit washer and dryer. Interior features include hardwood flooring, kitchens with stainless steel appliances and center islands, and bathrooms with glass-enclosed showers. Some bathrooms include soaking tubs, and the building has oversized windows and skylights.
The property is near Fishtown, Northern Liberties, and Temple University, with restaurants, cafes, parks, and nightlife in the surrounding area. Center City is described as a 10-minute trip by car or public transit. Each apartment is separately deeded as a condominium and has its own tax parcel; all three are owned by the seller and are being sold together in one transaction.
The property is near Fishtown, Northern Liberties, and Temple University, with restaurants, cafes, parks, and nightlife in the surrounding area. Center City is described as a 10-minute trip by car or public transit. Each apartment is separately deeded as a condominium and has its own tax parcel; all three are owned by the seller and are being sold together in one transaction.
Key Highlights
- Three bi‑level condominium apartments in one building
- Ground‑floor residence: 3 bedrooms and 2.5 bathrooms
- Two upper‑floor apartments, each with 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,587
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,531,740
$1.5M
Cap Rate 7%
$1,094,100
$1.1M
Cap Rate 9%
$850,967
$851.0K
Market Conditions
NOI Build-Up for 4,488 SF
Gross rent
$115.8K $25.80/SF
− Vacancy
−$6.4K −$1.42/SF
EGI
$109.4K $24.38/SF
− OpEx
−$32.8K −$7.31/SF
NOI
$76.6K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,531,740
Cap Rate 7%
$1,094,100
Cap Rate 9%
$850,967
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$957.3K – $1.28M
NOI $76,587 @ 7.0% cap · market cap 8.06%
Second Best
Apartment 5plus
$1.01M
$882.4K – $1.18M
NOI $70,594 @ 7.0% cap · market cap 7.43%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,823
Businesses Nearby
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Business Placement
Demographics for 19122, PA
26,668
Population
10,139
Households
2.6
Avg Household Size
28
Median Age
42%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
20,514
Density / Sq Mi
$57,785
Median Household Income
$31,871
Median Earnings
$1,294
Median Rent
$341,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three condominium apartments are offered together as one building, with individual entrances and laundry in each residence.
Where is this triplex located?
The property is located at 1334 N 7TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Three bi‑level condominium apartments in one building; Ground‑floor residence: 3 bedrooms and 2.5 bathrooms; Two upper‑floor apartments, each with 1 bedroom and 1 bathroom
