Fully Renovated
3108 Haverford Avenue Philadelphia, PA 19104
For Sale
$899,900
Fully renovated 2023 triplex with three units, including in-unit laundry and updated kitchens across all apartments.
Property Size1,998 SF
Price / SF$450.40
Days on Market352
Property Features for 3108 Haverford Avenue
General Information
- Standard status
- Active
- Size
- 1,998 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1935
Listing Agency:
Century 21 Alliance-Media*
(484) 432-0720
Listed By:
Steven M. Eckell · License #AB065133
(484) 432-0720
Source:
Compass
Added: Aug 7, 2025
Changed: Jul 22
Last Checked: Jul 24 at 1:45PM
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 Century 21 Alliance-Media*
Investment Insights
Based on property information with market context.
This fully renovated triplex was completed in 2023 and offers three well-appointed residential units. The property includes two 2-bedroom, 2-bathroom apartments and one 4-bedroom, 3-bathroom apartment. Updates throughout include modern finishes and updated kitchens, with in-unit laundry available for each unit.
Located near Drexel University in University City, the property provides convenient access to Drexel, UPenn, public transportation, hospitals, shopping, and dining.
The listing also states an annual gross income of $75,600 with annual operating expenses of $9,000. The building has been maintained and updated with an emphasis on reducing maintenance while supporting rental performance.
Located near Drexel University in University City, the property provides convenient access to Drexel, UPenn, public transportation, hospitals, shopping, and dining.
The listing also states an annual gross income of $75,600 with annual operating expenses of $9,000. The building has been maintained and updated with an emphasis on reducing maintenance while supporting rental performance.
Key Highlights
- Fully renovated triplex completed in 2023 with three residential units
- Unit mix: two 2‑bedroom/2‑bath apartments plus one 4‑bedroom/3‑bath apartment
- Updated kitchens and modern interior features including recessed lighting and upgraded countertops
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 | $51.5k | $25.80 |
| − Vacancy | −$2.8k | −$1.42 |
| EGI | $48.7k | $24.38 |
| − OpEx | −$14.6k | −$7.31 |
| NOI | $34.1k | $17.06 |
1,998 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$487.1K
$426.2K – $568.3K
NOI $34,096 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$449.0K
$392.9K – $523.8K
NOI $31,428 @ 7.0% cap · market cap 3.49%
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 - Fully renovated 2023 triplex with three units, including in-unit laundry and updated kitchens across all apartments.
Where is this triplex located?
The property is located at 3108 Haverford Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Fully renovated triplex completed in 2023 with three residential units; Unit mix: two 2‑bedroom/2‑bath apartments plus one 4‑bedroom/3‑bath apartment; Updated kitchens and modern interior features including recessed lighting and upgraded countertops
