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Three-Building Triplex Portfolio
For Sale
$2,490,000

2015-2019 N COLLEGE AVE, Philadelphia, PA 19121

New-construction multifamily buildings feature bilevel and full-floor apartment layouts with private outdoor space.

Property SizeContact for details
Days on Market40

Property Features for 2015-2019 N COLLEGE AVE

General Information

Standard status Active

Units

Unit Mix 3 x 3BR/3BA, 6 x 1BR/1BA
Multifamily Units 9

Amenities

patio
balcony

Building Details

Year Built 2021
Buildings 3
Listing Agency: Keller Williams Liberty Place
Listed By: Ryan J McManus · License #RS316262
Source: Sandrasellstheshore
Added: Jul 23 Changed: Aug 27 Last Checked: Aug 30 at 5:48PM

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 Keller Williams Liberty Place

Investment Insights

Based on property information with market context.

This multifamily portfolio includes three triplex buildings completed in 2021 at 2015-2019 N College Ave. Each building contains three apartments. The lower residence is a bilevel 3-bedroom, 3-bathroom unit with a private back patio, while the two upper residences are full-floor 1-bedroom, 1-bathroom flats with individual balconies. Redbrick exteriors and recently constructed improvements define the property’s physical character.

The buildings are positioned along historic College Avenue in Philadelphia’s Brewerytown section, near the Girard Avenue commercial corridor. Restaurants, cafes, bars, and breweries are described as walkable from the property, while City Hall and central Philadelphia are approximately 10 minutes away by car. The site also overlooks historic Girard College. The apartments have historically been fully leased, and the property carries a full 10-year tax abatement. A 6.3% pro forma cap rate is provided in the offering information.

Key Highlights

  • Three triplex buildings completed in 2021
  • Nine total apartments with a 3bd x 3ba bilevel lower unit in each building
  • Upper residences are 1bd x 1ba full‑floor flats

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Building Supply Kitchen & Bath Showroom Accounting Firm Dental Office Electrical 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

9
Residential units

Location Intelligence

Trade Area within ½ mile

2,480
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

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 - New-construction multifamily buildings feature bilevel and full-floor apartment layouts with private outdoor space.
Where is this triplex located?
The property is located at 2015-2019 N COLLEGE AVE Philadelphia, PA.
What is the asking price?
The asking price for this property is $2,490,000.
What are key features of this property?
This property features: Three triplex buildings completed in 2021; Nine total apartments with a 3bd x 3ba bilevel lower unit in each building; Upper residences are 1bd x 1ba full‑floor flats
More about this property
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