Triplex with Rear
1729 W VENANGO Street, Philadelphia, PA 19140
For Sale
$299,999
Multi-Family, PHILADELPHIA, PA
Property Size1,632 SF
Lot Size0.04 Acres
Price / SF$183.82
Days on Market82
Property Features for 1729 W VENANGO Street
General Information
Property type
Property subtype
Parking features
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Amenities
rear yard
Building Details
Year built
Number of units
Building materials
Listing Agency:
Homestarr Realty
(215) 355-5565
Listed By:
Aldo Torres
(267) 575-1325
Added: Aug 20
Changed: Nov 6
Last Checked: Nov 9 at 11:06AM
MLS# PAPH2662146
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.
At 1729 W Venango Street, this masonry triplex contains 1,632 square feet on a 0.0442-acre lot. The unit mix includes a two-bedroom, one-bath apartment and a one-bedroom, one-bath apartment, both recently renovated and vacant, plus an occupied studio with a month-to-month tenant. The rear yard is accessible from the one-bedroom unit. Heating is electric, with baseboard heat, and parking is on street. Built in 1930, the property is identified as a legal triplex.
The property is near Broad Street, Temple Hospital, and Temple University. Its three-unit configuration includes two vacant apartments and one occupied studio.
The property is near Broad Street, Temple Hospital, and Temple University. Its three-unit configuration includes two vacant apartments and one occupied studio.
Key Highlights
- Legal triplex with a two‑bedroom, one‑bath unit, a one‑bedroom, one‑bath unit, and a studio
- Two apartments have been renovated and are vacant
- Studio has an occupied month‑to‑month tenancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,671
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,420
$513.4K
Cap Rate 7%
$366,729
$366.7K
Cap Rate 9%
$285,233
$285.2K
Market Conditions
NOI Build-Up for 1,632 SF
Gross rent
$49.5K $30.36/SF
− Vacancy
−$2.9K −$1.76/SF
EGI
$46.7K $28.60/SF
− OpEx
−$21.0K −$12.87/SF
NOI
$25.7K $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%
$513,420
Cap Rate 7%
$366,729
Cap Rate 9%
$285,233
Alternative Uses
Best Use
Multifamily LT 5
$397.9K
$348.1K – $464.2K
NOI $27,850 @ 7.0% cap · market cap 9.28%
Second Best
Apartment 5plus
$366.7K
$320.9K – $427.9K
NOI $25,671 @ 7.0% cap · market cap 8.56%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,216
Businesses Nearby
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Business Placement
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
$101,100
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Philadelphia, PA
Properties on Market for Triplexes in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Two renovated apartments are vacant, alongside an occupied studio under a month-to-month tenancy.
Where is this triplex located?
The property is located at 1729 W VENANGO Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Legal triplex with a two‑bedroom, one‑bath unit, a one‑bedroom, one‑bath unit, and a studio; Two apartments have been renovated and are vacant; Studio has an occupied month‑to‑month tenancy
