Masonry Triplex with Central
For Sale
$750,000
225 GREEN Street, Philadelphia, PA 19123
Multi-Family, PHILADELPHIA, PA
Property Size2,760 SF
Lot Size0.03 Acres
Price / SF$271.74
Days on Market1479
Property Features for 225 GREEN Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
2,760 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
6866
Utilities
Heating system
Hot Water(Heating)
Cooling system
Central Air
Amenities
central air conditioning
large yard
Building Details
Year built
1900
Number of units
3
Building materials
Masonry
Architectural style
Other
Listing Agency:
Fred R Levine Real Estate
Listed By:
Fred R Levine · License #RB043558A
(215) 465-3733
Added: Oct 7, 2022
Changed: Sep 26
Last Checked: Oct 24 at 3:06PM
MLS# PAPH2167910
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This masonry triplex contains three two-bedroom residences within a 2,760-square-foot building constructed in 1900. Each unit is equipped with central air conditioning, while hot-water heating serves the property. The grounds include a large yard on a 0.0302-acre lot.
The property is located one-half block from Third and Spring Garden Streets, with proximity to the Delaware River, Center City Philadelphia, and Interstate 95. Unit A has a lease ending 7/31/26, Unit B has a renewal term ending 5/31/26, and Unit C has a lease ending 10/31/26.
The property is located one-half block from Third and Spring Garden Streets, with proximity to the Delaware River, Center City Philadelphia, and Interstate 95. Unit A has a lease ending 7/31/26, Unit B has a renewal term ending 5/31/26, and Unit C has a lease ending 10/31/26.
Key Highlights
- Three‑unit property with two bedrooms in each residence
- 2,760‑square‑foot masonry building constructed in 1900
- Central air conditioning in all three units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,099
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$941,980
$942.0K
Cap Rate 7%
$672,843
$672.8K
Cap Rate 9%
$523,322
$523.3K
Market Conditions
NOI Build-Up for 2,760 SF
Gross rent
$71.2K $25.80/SF
− Vacancy
−$3.9K −$1.42/SF
EGI
$67.3K $24.38/SF
− OpEx
−$20.2K −$7.31/SF
NOI
$47.1K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$941,980
Cap Rate 7%
$672,843
Cap Rate 9%
$523,322
Alternative Uses
Best Use
Multifamily LT 5
$672.8K
$588.7K – $785.0K
NOI $47,099 @ 7.0% cap · market cap 6.28%
Second Best
Apartment 5plus
$620.2K
$542.7K – $723.6K
NOI $43,413 @ 7.0% cap · market cap 5.79%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,436
Businesses Nearby
Explore this area
Business Placement
Demographics for 19123, PA
18,793
Population
10,636
Households
1.8
Avg Household Size
33
Median Age
66%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
14,456
Density / Sq Mi
$95,872
Median Household Income
$73,760
Median Earnings
$1,687
Median Rent
$544,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three two-bedroom residences with central air conditioning and a sizable yard near Third and Spring Garden Streets.
Where is this triplex located?
The property is located at 225 GREEN Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Three‑unit property with two bedrooms in each residence; 2,760‑square‑foot masonry building constructed in 1900; Central air conditioning in all three units
