Well-Maintained Triplex for
For Sale
$549,000
2254 N 12Th Street, Philadelphia, PA 19133
Triplex includes two bi-level 4-bedroom units and one 3-bedroom unit, with two currently occupied and one vacant.
Property Size2,709 SF
Price / SF$202.66
Days on Market352
Property Features for 2254 N 12Th Street
General Information
Standard status
Active
Size
2,709 SF
Property subtype
Multi-Family
Zoning
RM1
Occupancy
67%
Site & Location
Neighborhood
North Philadelphia
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$2,002
Amenities
Full,Fully Finished
Wood,Other
Electric
Yes
Natural Gas
No
Energy Efficient
Assessor
Sprinkler System
3
No Pool
Refrigerators,Washers,Dryers in units.
Public
W50
15.00 x 97.00
0.03
On Street
Sidewalks
Concrete Perimeter
143060.00
Building Details
Building Size
2,709 SF
Year Built
2014
Tenancy
Multi
Listing Agency:
Elfant Wissahickon-Chestnut Hill
Listed By:
Miriam Mosquera-Martinez · License #RS334645
(215) 247-3600
Source:
Thetristaterealestategroup
Added: Nov 13, 2025
Changed: Oct 29
Last Checked: Oct 30 at 12:02PM
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 Elfant Wissahickon-Chestnut Hill
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Investment Insights
Based on property information with market context.
This well-maintained triplex features two bi-level 4-bedroom units and one 3-bedroom unit. Two of the units are currently occupied, while one unit is vacant and move-in ready. One of the occupied units has access to an outdoor patio.
The property is described as being just steps from Temple University’s main campus, supporting tenant demand in the area.
The unit mix provides flexibility for long-term leasing or owner-occupancy, with the vacant unit offering immediate occupancy. Projected rents are provided for each unit type in the remarks: 4-bedroom units at $1,700 and the 3-bedroom unit at $1,500.
The property is described as being just steps from Temple University’s main campus, supporting tenant demand in the area.
The unit mix provides flexibility for long-term leasing or owner-occupancy, with the vacant unit offering immediate occupancy. Projected rents are provided for each unit type in the remarks: 4-bedroom units at $1,700 and the 3-bedroom unit at $1,500.
Key Highlights
- Well‑maintained 3‑unit triplex built in 2014, with 2 bi‑level 4BR units and 1 3BR unit
- Two units currently occupied and one unit vacant and move‑in ready
- Full, fully finished basement and central air, with heating powered by natural gas and electric hot water
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,229
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$924,580
$924.6K
Cap Rate 7%
$660,414
$660.4K
Cap Rate 9%
$513,656
$513.7K
Market Conditions
NOI Build-Up for 2,709 SF
Gross rent
$69.9K $25.80/SF
− Vacancy
−$3.9K −$1.42/SF
EGI
$66.0K $24.38/SF
− OpEx
−$19.8K −$7.31/SF
NOI
$46.2K $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%
$924,580
Cap Rate 7%
$660,414
Cap Rate 9%
$513,656
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.
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Open Analytics
Lease Details
3
Residential units
66.7%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,273
Businesses Nearby
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Triplex includes two bi-level 4-bedroom units and one 3-bedroom unit, with two currently occupied and one vacant.
Where is this triplex located?
The property is located at 2254 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: Well‑maintained 3‑unit triplex built in 2014, with 2 bi‑level 4BR units and 1 3BR unit; Two units currently occupied and one unit vacant and move‑in ready; Full, fully finished basement and central air, with heating powered by natural gas and electric hot water
