Legal Triplex Income
For Sale
$289,000
1814 W ONTARIO STREET, Philadelphia, PA 19140
Legal triplex with three residential units, a separate storage unit, and coin-operated laundry.
Property Size2,576 SF
Price / SF$112.19
Days on Market11
Property Features for 1814 W ONTARIO STREET
General Information
Standard status
Active
Size
2,576 SF
Property subtype
Triplex
Building Details
Year Built
1939
Listing Agency:
Tesla Realty Group, LLC
(610) 930-8993
Listed By:
Kinny Peterkin
(610) 930-8993
Source:
Cummingsrealtors
Added: Jul 21
Changed: Jul 26
Last Checked: Jul 31 at 5:29AM
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 Tesla Realty Group, LLC
Investment Insights
Based on property information with market context.
This legal triplex income property includes three residential units plus a bonus storage unit. The building has coin-operated laundry machines and an up-to-date fire alarm system. The current/recent rents include a third-floor 2-bedroom unit and two 1-bedroom units on the first and second floors, with recent vacancies on the first and second floors making those apartments available for a new owner to lease. The third-floor tenant is described as being in good standing on a month-to-month lease.
The property is located in the Temple University area, just blocks from Temple University. Leases are available upon request, and the sale is AS-IS, Where-Is, with buyer responsible for all transfer taxes.
As provided, recent total monthly rent is $3,535, with storage listed at $300/month. Potential residential rental income based on current Philadelphia Housing Authority (PHA) payment standards is approximately $4,440/month, plus additional income from the storage unit and coin-operated laundry.
The property is located in the Temple University area, just blocks from Temple University. Leases are available upon request, and the sale is AS-IS, Where-Is, with buyer responsible for all transfer taxes.
As provided, recent total monthly rent is $3,535, with storage listed at $300/month. Potential residential rental income based on current Philadelphia Housing Authority (PHA) payment standards is approximately $4,440/month, plus additional income from the storage unit and coin-operated laundry.
Key Highlights
- Legal triplex with 3 residential units (Year built 1939) plus a separate storage unit
- Current total monthly rent is $3,535: 2BR $1,165 (3rd floor), 1BR $995 (2nd floor), 1BR $1,075 (1st floor)
- Storage unit rents for $300/month and coin‑operated laundry machines provide additional income
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,331
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Legal triplex with three residential units, a separate storage unit, and coin-operated laundry.
Where is this triplex located?
The property is located at 1814 W ONTARIO STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Legal triplex with 3 residential units (Year built 1939) plus a separate storage unit; Current total monthly rent is $3,535: 2BR $1,165 (3rd floor), 1BR $995 (2nd floor), 1BR $1,075 (1st floor); Storage unit rents for $300/month and coin‑operated laundry machines provide additional income
