Fully Occupied Triplex Rental
1802 E HUNTINGDON Street Philadelphia, PA 19125
For Sale
$599,900
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size2,658 SF
Lot Size0.03 Acres
Price / SF$225.70
Days on Market23
Property Features for 1802 E HUNTINGDON Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
Assigned, On Street
Interior features
Bathroom - Stall Shower, Bathroom - Tub Shower, Ceiling Fan(s), Wood Floors
Appliances
Built-In Microwave, Dishwasher, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked
Standard status
Active
Size
2,658 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
2055
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
2017
Number of units
3
Building materials
Masonry
Architectural style
Other
Listing Agency:
JG Real Estate LLC
(215) 467-4100
Listed By:
Ariel L Morgenstein · License #AB067988
(215) 467-4100
Added: Jul 8
Changed: Jul 9
Last Checked: Jul 30 at 10:06AM
MLS# PAPH2641098
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 offering includes two fully occupied triplex buildings at 1802-1804 E. Huntingdon Street, with three apartments per building. Each unit is configured as a 2-bedroom layout. The first-floor unit at 1802 E. Huntingdon Street includes two full bathrooms, an open-concept living area with hardwood floors and recessed lighting, and a kitchen with stainless steel appliances, granite countertops, a tile backsplash, and a breakfast bar. It also features a large finished lower level with tile flooring, a second full bathroom, ample storage, a stacked washer/dryer, a utility sink, and access to a private outdoor patio.
The property is situated just across the street from Huntingdon Station on the El, supporting commuter-friendly access. Additional building features noted in the remarks include central A/C, in-unit laundry across the apartments, private balconies for the second and third-floor units, and video surveillance in entryways.
For investors or multi-family operators seeking stable, income-producing residential housing, these well-laid-out units offer modern in-unit conveniences, including central air and laundry within each apartment. The mix of ground-level living with patio access and upper-level units with balconies can appeal to a range of 2-bedroom renters while maintaining consistent, straightforward layouts across the buildings.
The property is situated just across the street from Huntingdon Station on the El, supporting commuter-friendly access. Additional building features noted in the remarks include central A/C, in-unit laundry across the apartments, private balconies for the second and third-floor units, and video surveillance in entryways.
For investors or multi-family operators seeking stable, income-producing residential housing, these well-laid-out units offer modern in-unit conveniences, including central air and laundry within each apartment. The mix of ground-level living with patio access and upper-level units with balconies can appeal to a range of 2-bedroom renters while maintaining consistent, straightforward layouts across the buildings.
Key Highlights
- Two fully occupied triplexes at 1802–1804 E. Huntingdon Street
- Built in 2017 with masonry construction
- Each unit includes in‑unit laundry (stacked washer/dryer) and central air
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.6k | $25.80 |
| − Vacancy | −$3.8k | −$1.42 |
| EGI | $64.8k | $24.38 |
| − OpEx | −$19.4k | −$7.31 |
| NOI | $45.4k | $17.06 |
2,658 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$648.0K
$567.0K – $756.0K
NOI $45,358 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$597.3K
$522.6K – $696.8K
NOI $41,809 @ 7.0% cap · market cap 6.97%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Two fully occupied triplex buildings with three 2-bedroom units each, featuring central A/C and in-unit laundry.
Where is this triplex located?
The property is located at 1802 E HUNTINGDON Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two fully occupied triplexes at 1802–1804 E. Huntingdon Street; Built in 2017 with masonry construction; Each unit includes in‑unit laundry (stacked washer/dryer) and central air
