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Three-Unit Residential Triplex
New
For Sale
$225,000

1429 W Erie Ave, Philadelphia, PA 19140

Three residential units are offered in an as-is sale with buyer-led due diligence.

Property Size1,900 SF
Price / SF$118.42
Days on Market4

Property Features for 1429 W Erie Ave

General Information

Standard status Active
Size 1,900 SF
Property subtype Commercial

Building Details

Year Built 1930
Tenancy Multi
Listing Agency: Main Line Investors Group
Listed By: April M Scott-Street · License #RS327505
Source: Viewmarylandhomesforsale
Added: Sep 12 Changed: Sep 14 Last Checked: Sep 14 at 11:38AM

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 Main Line Investors Group

Investment Insights

Based on property information with market context.

The property contains three residential units and was built in 1930. It is offered in its current condition, with the seller making no repairs. The buyer is responsible for obtaining the required Use & Occupancy certificate and completing all due diligence.

Showings are not available; evaluation is limited to a drive-by. A combined purchase with the adjacent property at 1427 W. Erie Avenue is also available, providing an option to acquire both properties together.

Key Highlights

  • Three residential units
  • Built in 1930
  • Sold as‑is; seller will make no repairs

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Acupuncture Cafe & Coffee Shop Computer & Electronic Repair

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,106
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
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units are offered in an as-is sale with buyer-led due diligence.
Where is this triplex located?
The property is located at 1429 W Erie Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Three residential units; Built in 1930; Sold as‑is; seller will make no repairs
More about this property
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