Renovated Three-Unit
For Sale
$899,999
3108 HAVERFORD AVENUE, Philadelphia, PA 19104
All three apartments include in-unit laundry, updated kitchens, and contemporary finishes.
Property Size2,723 SF
Days on Market21
Property Features for 3108 HAVERFORD AVENUE
General Information
Standard status
Active
Size
2,723 SF
Property subtype
Triplex
Occupancy
100%
Site & Location
Neighborhood
West Philadelphia
Units
Unit Mix
2 x 2BR/2BA, 1 x 4BR/3BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$3,228
Amenities
in-unit laundry
Building Details
Building Size
2,723 SF
Year Built
1935
Year Renovated
2023
Buildings
1
Listing Agency:
Coldwell Banker Realty
Listed By:
Keith M Stallone · License #RS326084
(267) 606-8502
Source:
Patmckennarealtors
Added: Oct 3
Changed: Oct 21
Last Checked: Oct 21 at 6:55AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This Philadelphia triplex contains three apartments: two with 2 bedrooms and 2 bathrooms each, plus a larger residence with 4 bedrooms and 3 bathrooms. Renovation work was completed in 2023, and the apartments feature updated kitchens, contemporary finishes, and in-unit laundry. The building was constructed in 1935 and is fully occupied.
The property is in University City, a short walk from Drexel University and a short drive from the University of Pennsylvania. Nearby medical centers, transit hubs, and retail are also noted in the property information.
The property is in University City, a short walk from Drexel University and a short drive from the University of Pennsylvania. Nearby medical centers, transit hubs, and retail are also noted in the property information.
Key Highlights
- Three apartments: two 2‑bedroom/2‑bath units and one 4‑bedroom/3‑bath unit
- Renovated in 2023
- Fully occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,468
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$929,360
$929.4K
Cap Rate 7%
$663,829
$663.8K
Cap Rate 9%
$516,311
$516.3K
Market Conditions
NOI Build-Up for 2,723 SF
Gross rent
$70.3K $25.80/SF
− Vacancy
−$3.9K −$1.42/SF
EGI
$66.4K $24.38/SF
− OpEx
−$19.9K −$7.31/SF
NOI
$46.5K $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%
$929,360
Cap Rate 7%
$663,829
Cap Rate 9%
$516,311
Alternative Uses
Best Use
Multifamily LT 5
$663.8K
$580.9K – $774.5K
NOI $46,468 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$611.9K
$535.4K – $713.9K
NOI $42,831 @ 7.0% cap · market cap 4.76%
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
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,238
Businesses Nearby
Explore this area
Business Placement
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - All three apartments include in-unit laundry, updated kitchens, and contemporary finishes.
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 $899,999.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom/2‑bath units and one 4‑bedroom/3‑bath unit; Renovated in 2023; Fully occupied
