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Renovated Three-Unit Triplex
For Sale
$849,999

3108 HAVERFORD Avenue, Philadelphia, PA 19104

Multi-Family, PHILADELPHIA, PA

Property Size2,723 SF
Lot Size0.03 Acres
Price / SF$312.16
Days on Market19

Property Features for 3108 HAVERFORD Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Dining Room, Basement
Interior features Bathroom - Tub Shower, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Flat, Recessed Lighting, Upgraded Countertops
Appliances Built-In Microwave, Dishwasher, Dryer - Electric, Dryer - Front Loading, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, WaterHeater
Subdivision UNIVERSITY CITY
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 2,723 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 3228

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

in-unit laundry

Building Details

Year built 1935
Number of units 3
Building materials Masonry
Architectural style Other
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Keith M Stallone · License #RS326084
Added: Oct 3 Changed: Oct 21 Last Checked: Oct 21 at 9:06PM
MLS# PAPH2677236

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.

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Investment Insights

Based on property information with market context.

Renovated in 2023, this masonry triplex contains 2,723 square feet across three apartments. The unit mix comprises two two-bedroom, two-bathroom residences and one four-bedroom, three-bathroom residence. Each apartment has an updated kitchen and in-unit laundry; interior details include open floor plans, upgraded countertops, recessed lighting, and tub-shower bathrooms. Central air conditioning and forced-air heating serve the building, which was constructed in 1935.

The property is in Philadelphia’s University City area, close to Drexel University and within minutes of the University of Pennsylvania. Its three distinct apartment layouts provide a range of bedroom and bathroom configurations within one building.

Key Highlights

  • Three apartments: two 2‑bedroom/2‑bathroom units and one 4‑bedroom/3‑bathroom unit
  • 2,723 square feet of building area on a 0.0273‑acre lot
  • Renovated in 2023

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,468
Cap Rate
5.47%
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 (±1% cap)
NOI $46,468 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$611.9K
$535.4K – $713.9K (±1% cap)
NOI $42,831 @ 7.0% cap · market cap 5.04%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,238
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Triplex - Three apartments offer in-unit laundry, updated kitchens, and a mix of two- and four-bedroom layouts.
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 $849,999.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom/2‑bathroom units and one 4‑bedroom/3‑bathroom unit; 2,723 square feet of building area on a 0.0273‑acre lot; Renovated in 2023
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