New Construction Triplex with
For Sale
$975,000
2325 GERMANTOWN AVENUE, Philadelphia, PA 19133
Brand-new triplex completed in 2026 with three apartments featuring modern finishes and in-unit laundry.
Property Size3,775 SF
Price / SF$258.28
Days on Market11
Property Features for 2325 GERMANTOWN AVENUE
General Information
Standard status
Active
Size
3,775 SF
Property subtype
Triplex
Additional Details
Highway Access
Yes
Multifamily Units
3
Amenities
in-unit laundry
private backyard
private rear deck
private rooftop deck
Building Details
Year Built
2026
Listing Agency:
Howard Hanna Real Estate Services
(267) 442-8218
Listed By:
Jurgen Aliaj · License #RS357236
(267) 442-8218
Source:
Cummingsrealtors
Added: Jul 21
Changed: Jul 27
Last Checked: Jul 30 at 5:53AM
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 Howard Hanna Real Estate Services
Investment Insights
Based on property information with market context.
2325 Germantown Avenue is a newly constructed triplex completed in 2026, offering three oversized residential apartments. Each unit features an open-concept layout with modern interior finishes including quartz countertops, custom cabinetry, stainless steel appliances, luxury vinyl plank flooring, tiled bathrooms, and in-unit laundry. Unit 1 is a bi-level 4-bedroom, 3-bath apartment with a private backyard. Unit 2 offers 3 bedrooms and 2 full bathrooms with a private rear deck. Unit 3 provides 3 bedrooms and 2 full bathrooms, including a private rooftop deck.
The property is described as located in Philadelphia’s Norris Square neighborhood and is presented as a turnkey income-producing multifamily asset. The listing also notes a 10-year tax abatement.
Projected gross annual rental income is approximately $80,400, based on projected rents of $2,400 for Unit 1, $2,000 for Unit 2, and $2,300 for Unit 3.
The property is described as located in Philadelphia’s Norris Square neighborhood and is presented as a turnkey income-producing multifamily asset. The listing also notes a 10-year tax abatement.
Projected gross annual rental income is approximately $80,400, based on projected rents of $2,400 for Unit 1, $2,000 for Unit 2, and $2,300 for Unit 3.
Key Highlights
- New construction triplex completed in 2026 (3 apartments) at 2325 Germantown Avenue in Philadelphia’s Norris Square area
- Projected gross annual rental income of approximately $80,400 based on unit income projections
- Unit 1: 4 bed / 3 full bath bi‑level with private backyard; projected rent $2,400/month
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 | $97.4k | $25.80 |
| − Vacancy | −$5.4k | −$1.42 |
| EGI | $92.0k | $24.38 |
| − OpEx | −$27.6k | −$7.31 |
| NOI | $64.4k | $17.06 |
3,775 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$920.3K
$805.3K – $1.07M
NOI $64,420 @ 7.0% cap · market cap 6.61%
Second Best
Apartment 5plus
$848.3K
$742.2K – $989.7K
NOI $59,379 @ 7.0% cap · market cap 6.09%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,263
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 - Brand-new triplex completed in 2026 with three apartments featuring modern finishes and in-unit laundry.
Where is this triplex located?
The property is located at 2325 GERMANTOWN AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: New construction triplex completed in 2026 (3 apartments) at 2325 Germantown Avenue in Philadelphia’s Norris Square area; Projected gross annual rental income of approximately $80,400 based on unit income projections; Unit 1: 4 bed / 3 full bath bi‑level with private backyard; projected rent $2,400/month
