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Updated Triplex with Courtyard
For Sale
$332,000

1420 67TH AVENUE, Philadelphia, PA 19126

Legal three-unit property with separate utilities, updated kitchens and bathrooms, and access to buses, subways, and major routes.

Property Size1,560 SF
Days on Market382

Property Features for 1420 67TH AVENUE

General Information

Standard status Active
Size 1,560 SF
Property subtype Triplex

Site & Location

Neighborhood Northwest Philadelphia
Highway Access Yes
Public Transit Yes

Units

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

Amenities

courtyard
Wall Unit
Radiator
Stove
Refrigerator
Microwave
Flat, Rubber, Slate

Building Details

Building Size 1,560 SF
Year Built 1925
Listing Agency: KW Empower
Listed By: Stephen Kennedy · License #RS330775
Source: Kw
Added: Oct 8, 2025 Changed: Oct 21 Last Checked: Oct 23 at 3:59PM

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 KW Empower

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Investment Insights

Based on property information with market context.

This legal triplex, built in 1925, contains one studio and two 2-bedroom, 1-bathroom units. The property offers functional floor plans, large bedrooms, updated kitchens, updated bathrooms, and separate utilities. Interior features include wall unit and radiator heating, along with a stove, refrigerator, and microwave. Exterior improvements include flat, rubber, and slate elements, plus a courtyard and ample street parking.

Located at 1420 67th Avenue in Philadelphia, the property provides access to public and major transit, including buses and subways. Routes 76 and 95, as well as Center City, are also identified in the property information.

Key Highlights

  • Legal triplex with one studio and two 2‑bedroom, 1‑bathroom units
  • Built in 1925 with updated kitchens, bathrooms, and large bedrooms
  • Separate utilities for the individual units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,621
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$532,420 $532.4K
Cap Rate 7%
$380,300 $380.3K
Cap Rate 9%
$295,789 $295.8K
Market Conditions
NOI Build-Up for 1,560 SF
Gross rent
$40.2K $25.80/SF
− Vacancy
−$2.2K −$1.42/SF
EGI
$38.0K $24.38/SF
− OpEx
−$11.4K −$7.31/SF
NOI
$26.6K $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%
$532,420
Cap Rate 7%
$380,300
Cap Rate 9%
$295,789

Alternative Uses

Best Use
Multifamily LT 5
$380.3K
$332.8K – $443.7K (±1% cap)
NOI $26,621 @ 7.0% cap · market cap 8.02%
Second Best
Apartment 5plus
$350.5K
$306.7K – $409.0K (±1% cap)
NOI $24,538 @ 7.0% cap · market cap 7.39%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,166
Businesses Nearby

Demographics for 19126, PA

16,159
Population
7,490
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
90%
High-School Grad
1.2 sq mi
ZIP Area
13,466
Density / Sq Mi
$52,847
Median Household Income
$40,610
Median Earnings
$1,116
Median Rent
$214,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Legal three-unit property with separate utilities, updated kitchens and bathrooms, and access to buses, subways, and major routes.
Where is this triplex located?
The property is located at 1420 67TH AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $332,000.
What are key features of this property?
This property features: Legal triplex with one studio and two 2‑bedroom, 1‑bathroom units; Built in 1925 with updated kitchens, bathrooms, and large bedrooms; Separate utilities for the individual units
More about this property
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