Fully Rented Triplex Income
For Sale
$549,000
2252 N 12TH Street, Philadelphia, PA 19133
MULTI_FAMILY - PHILADELPHIA, PA
Property Size2,709 SF
Lot Size0.03 Acres
Price / SF$202.66
Days on Market300
Property Features for 2252 N 12TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking features
On Street
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
2,709 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
2002
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
2012
Number of units
3
Building materials
Masonry
Listing Agency:
Elfant Wissahickon-Chestnut Hill
(215) 247-3600
Listed By:
Miriam Mosquera-Martinez · License #RS334645
(215) 247-3600
Added: Oct 9, 2025
Changed: Jul 14
Last Checked: Aug 4 at 4:06PM
MLS# PAPH2545548
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 well-maintained triplex is fully occupied and designed for income generation. The building includes two bi-level four-bedroom units and one spacious three-bedroom unit, each described as having modern finishes. A finished basement with living space is also included, with the basement living area stated as being counted within the above-grade square footage.
The property is located just steps from Temple University’s main campus, aligning it with a consistent rental demand area. Remarks indicate rents are believed to be below market value.
The seller may consider selling the property as part of a package with a fully occupied nearby asset at 2254 N 12th St, depending on offer terms.
The property is located just steps from Temple University’s main campus, aligning it with a consistent rental demand area. Remarks indicate rents are believed to be below market value.
The seller may consider selling the property as part of a package with a fully occupied nearby asset at 2254 N 12th St, depending on offer terms.
Key Highlights
- Triplex built in 2012 with masonry construction
- Fully occupied triplex with 2 bi‑level 4‑bedroom units and 1 spacious 3‑bedroom unit
- Projected rents: $1,700 for each 4BR unit and $1,500 for the 3BR unit
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 | $69.9k | $25.80 |
| − Vacancy | −$3.9k | −$1.42 |
| EGI | $66.0k | $24.38 |
| − OpEx | −$19.8k | −$7.31 |
| NOI | $46.2k | $17.06 |
2,709 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$660.4K
$577.9K – $770.5K
NOI $46,229 @ 7.0% cap · market cap 8.42%
Second Best
Apartment 5plus
$608.7K
$532.6K – $710.2K
NOI $42,611 @ 7.0% cap · market cap 7.76%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,273
Businesses Nearby
Explore this area
Business Placement
Demographics for 19133, PA
24,772
Population
10,766
Households
2.3
Avg Household Size
34
Median Age
7%
College-Educated
63%
High-School Grad
1.3 sq mi
ZIP Area
19,055
Density / Sq Mi
$31,756
Median Household Income
$26,563
Median Earnings
$919
Median Rent
$85,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex features two bi-level four-bedroom units and one three-bedroom unit, plus a finished basement with living space.
Where is this triplex located?
The property is located at 2252 N 12TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Triplex built in 2012 with masonry construction; Fully occupied triplex with 2 bi‑level 4‑bedroom units and 1 spacious 3‑bedroom unit; Projected rents: $1,700 for each 4BR unit and $1,500 for the 3BR unit
