Well-Maintained Triplex with
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 Market260
Property Features for 2254 N 12TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
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
Building Details
Year built
2014
Number of units
3
Building materials
Stucco
Listing Agency:
Elfant Wissahickon-Chestnut Hill
(215) 247-3600
Listed By:
Miriam Mosquera-Martinez · License #RS334645
(215) 247-3600
Added: Nov 13, 2025
Changed: Jun 22
Last Checked: Jul 31 at 5:06PM
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.
Investment Insights
Based on property information with market context.
This well-maintained triplex includes two bi-level 4-bedroom units and one spacious 3-bedroom unit. Two of the units are currently occupied, while one unit is vacant and move-in ready, allowing for immediate occupancy or streamlined turn potential. The second occupied unit provides access to an outdoor patio, adding usable outdoor space to complement the interior layout.
The property is located just steps from Temple University’s main campus in Philadelphia, PA. The address is 2254 N 12TH Street, within the 19133 ZIP code. The offering is being presented as an income-focused residential property suitable for student rentals or longer-term tenants, depending on how a buyer intends to manage occupancy.
From a leasing and ownership standpoint, the unit mix supports multiple bedroom-demand scenarios, with two 4BR units and a separate 3BR unit. The remarks note that current rents are believed to be below market value, and they provide projected rents of $1,700 for the 4BR units and $1,500 for the 3BR unit. The current setup may appeal to investors seeking an owner-occupied option as well, particularly because one unit is already move-in ready. The seller has also indicated the property could be sold as a package with 2252 N 12th St., and the listing is described as being offered with motivated terms for serious buyers.
The property is located just steps from Temple University’s main campus in Philadelphia, PA. The address is 2254 N 12TH Street, within the 19133 ZIP code. The offering is being presented as an income-focused residential property suitable for student rentals or longer-term tenants, depending on how a buyer intends to manage occupancy.
From a leasing and ownership standpoint, the unit mix supports multiple bedroom-demand scenarios, with two 4BR units and a separate 3BR unit. The remarks note that current rents are believed to be below market value, and they provide projected rents of $1,700 for the 4BR units and $1,500 for the 3BR unit. The current setup may appeal to investors seeking an owner-occupied option as well, particularly because one unit is already move-in ready. The seller has also indicated the property could be sold as a package with 2252 N 12th St., and the listing is described as being offered with motivated terms for serious buyers.
Key Highlights
- Well‑maintained triplex built in 2014 with forced‑air heating and central air
- Unit mix: two bi‑level 4BR units plus one 3BR unit
- Two units occupied and one unit vacant and move‑in ready
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
Lease Details
3
Residential units
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 - Mix of two occupied bi-level 4BR units and one vacant 3BR unit offers flexible living or rental options.
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 triplex built in 2014 with forced‑air heating and central air; Unit mix: two bi‑level 4BR units plus one 3BR unit; Two units occupied and one unit vacant and move‑in ready
