Well-Maintained Triplex Rental
2105 North 17th Street Philadelphia, PA 19121
For Sale
$484,999
Six-bedroom, five-bath triplex near Temple University with in-unit washer/dryer and centrally heated/cooled units.
Property Size2,544 SF
Price / SF$190.64
Days on Market63
Property Features for 2105 North 17th Street
General Information
- Standard status
- Active
- Size
- 2,544 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1915
Listing Agency:
RE/MAX Plus
(215) 422-3711
Listed By:
Matin Haghkar · License #RS343911
Source:
Compass
Added: May 23
Changed: Jul 10
Last Checked: Jul 23 at 9:27AM
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 RE/MAX Plus
Investment Insights
Based on property information with market context.
This well-maintained triplex offers a total of six bedrooms and five bathrooms across three residential units. The property includes two spacious 2-bedroom, 2-bath apartments and one 2-bedroom, 1-bath unit, each with functional layouts and generous kitchen cabinet space. Photos are from Unit 2; Units 1 and 3 are described as very similar, with minor layout and feature differences. The building has newer appliances, central air and heat, and each unit includes its own in-unit washer and dryer. Unit 1 also provides backyard access, and higher ceilings are noted for that unit.
Located in Philadelphia’s Temple University rental corridor at 2105 North 17th Street, the property is described as being within walking distance of Temple University and nearby primary and high schools, SEPTA, corner stores, and Broad Street. All three units are leased through July 31, 2027.
For investors or owner-operators seeking a residential income property, this triplex provides three separately leased units with modern, in-unit laundry and climate control in each apartment. With the current leasing in place through July 31, 2027, the property may be suited for buyers looking to add a multi-unit asset to an existing portfolio. Unit rents are provided in the listing materials, and appointments are available for review.
Located in Philadelphia’s Temple University rental corridor at 2105 North 17th Street, the property is described as being within walking distance of Temple University and nearby primary and high schools, SEPTA, corner stores, and Broad Street. All three units are leased through July 31, 2027.
For investors or owner-operators seeking a residential income property, this triplex provides three separately leased units with modern, in-unit laundry and climate control in each apartment. With the current leasing in place through July 31, 2027, the property may be suited for buyers looking to add a multi-unit asset to an existing portfolio. Unit rents are provided in the listing materials, and appointments are available for review.
Key Highlights
- 6‑bed, 5‑bath triplex near Temple University rental corridor
- Two 2‑bedroom, 2‑bath units plus one 2‑bedroom, 1‑bath unit
- All units are leased through July 31, 2027
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 | $65.6k | $25.80 |
| − Vacancy | −$3.6k | −$1.42 |
| EGI | $62.0k | $24.38 |
| − OpEx | −$18.6k | −$7.31 |
| NOI | $43.4k | $17.06 |
2,544 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$620.2K
$542.7K – $723.6K
NOI $43,413 @ 7.0% cap · market cap 8.95%
Second Best
Apartment 5plus
$571.7K
$500.2K – $666.9K
NOI $40,016 @ 7.0% cap · market cap 8.25%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Six-bedroom, five-bath triplex near Temple University with in-unit washer/dryer and centrally heated/cooled units.
Where is this triplex located?
The property is located at 2105 North 17th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $484,999.
What are key features of this property?
This property features: 6‑bed, 5‑bath triplex near Temple University rental corridor; Two 2‑bedroom, 2‑bath units plus one 2‑bedroom, 1‑bath unit; All units are leased through July 31, 2027
