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Three-Unit Triplex Property
For Sale
$249,999

2721 W LEHIGH AVENUE, Philadelphia, PA 19132

Legally zoned multifamily property with multiple one-bedroom residences and potential for owner occupancy or rental use.

Property Size1,788 SF
Days on Market9

Property Features for 2721 W LEHIGH AVENUE

General Information

Standard status Active
Size 1,788 SF
Property subtype Triplex

Units

Unit Mix 3 x 1BR
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,985

Building Details

Building Size 1,788 SF
Year Built 1915
Listing Agency: Realty ONE Group Focus
Listed By: Anthony A Lee · License #RS322285
Source: Mainlinekw
Added: Sep 8 Changed: Sep 13 Last Checked: Sep 15 at 10:37AM

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 Realty ONE Group Focus

Investment Insights

Based on property information with market context.

Located at 2721 W Lehigh Avenue in Philadelphia, this legally zoned triplex contains three one-bedroom units. The property was built in 1915 and is described as well maintained, providing an established multifamily configuration for continued rental use or an owner-occupant arrangement.

The layout supports several ownership approaches, including living in one unit while renting the others or operating all three residences as rentals. Housing Choice Voucher and veteran housing programs may be considered subject to applicable requirements and approvals. FHA owner-occupied financing or DSCR financing may also be possibilities for qualified buyers, subject to lender requirements.

Key Highlights

  • Legally zoned triplex
  • Three one‑bedroom units
  • Built in 1915

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Building Supply Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,410
Businesses Nearby

Demographics for 19132, PA

33,926
Population
17,402
Households
1.9
Avg Household Size
37
Median Age
13%
College-Educated
83%
High-School Grad
2.2 sq mi
ZIP Area
15,421
Density / Sq Mi
$30,974
Median Household Income
$30,300
Median Earnings
$1,055
Median Rent
$73,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Legally zoned multifamily property with multiple one-bedroom residences and potential for owner occupancy or rental use.
Where is this triplex located?
The property is located at 2721 W LEHIGH AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $249,999.
What are key features of this property?
This property features: Legally zoned triplex; Three one‑bedroom units; Built in 1915
More about this property
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