Remodeled Three-Unit
For Sale
$559,900
1415 ELLSWORTH STREET, Philadelphia, PA 19146
Three residential units offer updated interiors, separate electric metering, and convenient access to South Philadelphia transit and amenities.
Property Size1,536 SF
Days on Market29
Property Features for 1415 ELLSWORTH STREET
General Information
Standard status
Active
Size
1,536 SF
Property subtype
Triplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,021
Amenities
hardwood floors
crown moldings
ceiling fans
granite countertops
tile backsplash
dishwasher
cooktop
range hood
mini oven
laundry hook-up
fenced in backyard patio
basement storage
window A/C
baseboard electric heater
Building Details
Building Size
1,536 SF
Year Built
1925
Year Renovated
2015
Buildings
1
Listing Agency:
Century 21 Advantage Gold-South Philadelphia
(267) 918-1880
Listed By:
Phong D Lam · License #RS307378
(267) 918-1880
Source:
Patmckennarealtors
Added: Jul 7
Changed: Aug 4
Last Checked: Aug 4 at 2:31AM
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 Century 21 Advantage Gold-South Philadelphia
Investment Insights
Based on property information with market context.
Built in 1925, this three-unit rowhouse property includes one two-bedroom residence on the first floor and two one-bedroom apartments upstairs. The first-floor unit provides living and dining space, an eat-in kitchen, full bathroom, laundry hookups, and access to an unfinished basement. Both upper units include a bedroom, kitchen, and full bathroom. Interior finishes include hardwood flooring, crown molding, recessed lighting, granite countertops, tile backsplashes, and updated bathroom fixtures. The first-floor residence also opens to a fenced rear patio.
The property is a short walk from the Orange Broad Street Subway Line, with SEPTA bus stops and other public transportation nearby. Surrounding amenities include Target, Sprouts Market, Starbucks, Chipotle, Wing Phat Plaza, Hung Vuong Supermarket, restaurants, and bubble tea shops. The listing also notes proximity to the Italian Market, Passyunk Square eateries, Walmart, IKEA, parks, gyms, Penn’s Landing, and major highways.
The building has three electric hot water heater tanks and three separate electric meters. The entire roof received a silver coating in December 2025. The property is offered in AS-IS, WHERE-IS condition.
The property is a short walk from the Orange Broad Street Subway Line, with SEPTA bus stops and other public transportation nearby. Surrounding amenities include Target, Sprouts Market, Starbucks, Chipotle, Wing Phat Plaza, Hung Vuong Supermarket, restaurants, and bubble tea shops. The listing also notes proximity to the Italian Market, Passyunk Square eateries, Walmart, IKEA, parks, gyms, Penn’s Landing, and major highways.
The building has three electric hot water heater tanks and three separate electric meters. The entire roof received a silver coating in December 2025. The property is offered in AS-IS, WHERE-IS condition.
Key Highlights
- Three‑unit configuration: one 2‑bedroom first‑floor unit and two 1‑bedroom second‑floor units
- First‑floor residence includes unfinished basement access and a fenced rear patio
- First and second floors renovated in 2015 with updated kitchens, bathrooms, flooring, and lighting
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 | $39.6k | $25.80 |
| − Vacancy | −$2.2k | −$1.42 |
| EGI | $37.4k | $24.38 |
| − OpEx | −$11.2k | −$7.31 |
| NOI | $26.2k | $17.06 |
1,536 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$374.5K
$327.7K – $436.9K
NOI $26,212 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$345.2K
$302.0K – $402.7K
NOI $24,161 @ 7.0% cap · market cap 4.32%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,035
Businesses Nearby
Explore this area
Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units offer updated interiors, separate electric metering, and convenient access to South Philadelphia transit and amenities.
Where is this triplex located?
The property is located at 1415 ELLSWORTH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $559,900.
What are key features of this property?
This property features: Three‑unit configuration: one 2‑bedroom first‑floor unit and two 1‑bedroom second‑floor units; First‑floor residence includes unfinished basement access and a fenced rear patio; First and second floors renovated in 2015 with updated kitchens, bathrooms, flooring, and lighting
