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Triplex Near Temple University
For Sale
$549,000

2254 N 12TH Street, Philadelphia, PA 19133

Multi-Family, PHILADELPHIA, PA

Property Size2,709 SF
Lot Size0.03 Acres
Price / SF$202.66
Days on Market352

Property Features for 2254 N 12TH Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking features On Street
Interior features Sprinkler System
Subdivision TEMPLE UNIVERSITY
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
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

Amenities

outdoor patio

Building Details

Year built 2014
Number of units 3
Building materials Stucco
Listing Agency: Elfant Wissahickon-Chestnut Hill
Listed By: Miriam Mosquera-Martinez · License #RS334645
Added: Nov 13, 2025 Changed: Sep 10 Last Checked: Oct 31 at 2:06PM
MLS# PAPH2558614

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.

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Investment Insights

Based on property information with market context.

Built in 2014, this Philadelphia triplex contains 2 bi-level 4BR units and 1 additional 3BR unit within 2,709 square feet. The configuration includes a basement, stucco construction, forced-air heating, central air conditioning, and a sprinkler system. One of the units also provides access to an outdoor patio.

The property is located just steps from Temple University’s main campus and carries a 0.0327-acre lot. On-street parking is provided. The three-unit layout accommodates distinct residential floor plans, including two larger bi-level units and a separate three-bedroom residence.

Key Highlights

  • 2 bi‑level 4BR units plus 1 separate 3BR unit
  • 2,709 square feet on a 0.0327‑acre lot
  • Steps from Temple University main campus

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 (±1% cap)
NOI $46,229 @ 7.0% cap · market cap 8.42%
Second Best
Apartment 5plus
$608.7K
$532.6K – $710.2K (±1% cap)
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. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,273
Businesses Nearby

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
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residential units include bi-level four-bedroom layouts and a separate three-bedroom floor plan.
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: 2 bi‑level 4BR units plus 1 separate 3BR unit; 2,709 square feet on a 0.0327‑acre lot; Steps from Temple University main campus
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