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Three-Unit Brick Triplex
For Sale
$289,900

1516 W WESTMORELAND Street, Philadelphia, PA 19140

Multi-Family, PHILADELPHIA, PA

Property Size2,274 SF
Lot Size0.04 Acres
Price / SF$127.48
Days on Market89

Property Features for 1516 W WESTMORELAND Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement, Dining Room
Parking features On Street
Interior features Bathroom - Stall Shower, Bathroom - Tub Shower, Ceiling Fan(s), Dining Area, Kitchen - Eat-In, Recessed Lighting
Appliances Oven/Range - Gas, Range Hood, Refrigerator, Washer/Dryer Stacked, WaterHeater
Subdivision TEMPLE UNIVERSITY
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 2,274 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 3439

Utilities

Heating system Forced Air

Building Details

Year built 1925
Number of units 3
Building materials Masonry
Architectural style Other
Listing Agency: RE/MAX Access · RE/MAX International
Listed By: Terrance E Lee · License #RS294824
Added: Jul 6 Changed: Sep 21 Last Checked: Oct 2 at 4:06AM
MLS# PAPH2639308

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.

Investment Insights

Based on property information with market context.

This 1925 three-story masonry triplex contains three residential units totaling 2,274 square feet. The first and third floors each offer one-bedroom layouts with living and dining areas, eat-in kitchens, and full bathrooms. The second-floor residence includes two bedrooms, a combined living and dining area, a full kitchen, and a tiled bathroom. The first-floor unit connects directly to the rear yard and full unfinished basement.

The basement provides storage space and houses three water heaters, several heaters, and three gas meters. Each unit has its own electrical panel, supporting separate utility management. Interior features include ceiling fans, recessed lighting, dining areas, stall and tub showers, and gas cooking equipment. The property includes on-street parking and is situated near public transportation, Temple Hospital, and Temple's School of Dentistry.

Key Highlights

  • Three‑story masonry triplex built in 1925
  • Three residential units totaling 2,274 square feet
  • Unit mix includes two one‑bedroom units and one two‑bedroom unit

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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-story masonry property with separate utilities, unfinished basement storage, and a rear yard serving the first-floor unit.
Where is this triplex located?
The property is located at 1516 W WESTMORELAND Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Three‑story masonry triplex built in 1925; Three residential units totaling 2,274 square feet; Unit mix includes two one‑bedroom units and one two‑bedroom unit
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