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Masonry Triplex with Basement
For Sale
$299,900

1640 W STILES Street, Philadelphia, PA 19121

Multi-Family, PHILADELPHIA, PA

Property Size1,698 SF
Lot Size0.02 Acres
Price / SF$176.62
Days on Market374

Property Features for 1640 W STILES Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking features On Street
Subdivision FRANCISVILLE
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Special listing conditions In Foreclosure
Standard status Active
Size 1,698 SF
Lot size 0.02 Acres

Taxes and HOA fees

Tax Annual Amount 8033

Utilities

Heating system Hot Water(Heating)
Cooling system Central Air

Building Details

Year built 1920
Number of units 3
Building materials Masonry
Architectural style Other
Listing Agency: Century 21 Advantage Gold-Elkins Park · Century 21 Real Estate
Listed By: Anne Rubin · License #AB060257L
Added: Oct 15, 2025 Changed: Oct 9 Last Checked: Oct 23 at 7:06AM
MLS# PAPH2548108

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 Philadelphia triplex contains 1,698 square feet within a masonry-built property constructed in 1920. The improvements include a basement, central air conditioning, and hot-water heating. On-street parking is available, and the parcel measures 0.0248 acres.

The property is bank-owned and offered in as-is condition. The buyer is responsible for ordering and paying for the U & O Certificate.

Key Highlights

  • Triplex with 1,698 square feet of property size
  • Masonry construction with a basement
  • Central air conditioning and hot‑water heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,709
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,180 $534.2K
Cap Rate 7%
$381,557 $381.6K
Cap Rate 9%
$296,767 $296.8K
Market Conditions
NOI Build-Up for 1,698 SF
Gross rent
$51.6K $30.36/SF
− Vacancy
−$3.0K −$1.76/SF
EGI
$48.6K $28.60/SF
− OpEx
−$21.9K −$12.87/SF
NOI
$26.7K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,180
Cap Rate 7%
$381,557
Cap Rate 9%
$296,767

Alternative Uses

Best Use
Multifamily LT 5
$413.9K
$362.2K – $482.9K (±1% cap)
NOI $28,976 @ 7.0% cap · market cap 9.66%
Second Best
Apartment 5plus
$381.6K
$333.9K – $445.2K (±1% cap)
NOI $26,709 @ 7.0% cap · market cap 8.91%
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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Location Intelligence

Trade Area within ½ mile

2,455
Businesses Nearby

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
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

Frequently Asked Questions

What type of property is this?
Triplex - Bank-owned Philadelphia property offered as-is with central air and hot-water heating.
Where is this triplex located?
The property is located at 1640 W STILES Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Triplex with 1,698 square feet of property size; Masonry construction with a basement; Central air conditioning and hot‑water heating
More about this property
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