Well-Maintained Triplex for
2254 N 12Th Street Philadelphia, PA 19133
For Sale
$549,000
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 Market253
Property Features for 2254 N 12Th Street
General Information
- Standard status
- Active
- Size
- 2,709 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 2014
Listing Agency:
RE/MAX Elite
(610) 679-0127
Listed By:
Amanda Strain
(610) 679-0127
Source:
Thetristaterealestategroup
Added: Nov 13, 2025
Changed: Jul 20
Last Checked: Jul 24 at 5:28AM
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 Elite
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 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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
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
