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Three-Unit Brick Triplex
For Sale
$475,000

3217 TURNER Street, Philadelphia, PA 19121

Multi-Family, PHILADELPHIA, PA

Property Size1,752 SF
Lot Size0.03 Acres
Price / SF$271.12
Days on Market96

Property Features for 3217 TURNER Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking 2
Parking features Driveway, On Street
Subdivision STRAWBERRY MANSION
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Size 1,752 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 5260

Utilities

Heating system Central
Cooling system Central Air

Amenities

roof deck
central A/C
full basement

Building Details

Year built 1915
Number of units 3
Building materials Brick, Stucco
Listing Agency: Redfin Corporation
Listed By: Brenda R Beiser · License #RS335119
Added: Jul 29 Changed: Sep 17 Last Checked: Nov 1 at 3:06AM
MLS# PAPH2653634

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.

This 1,752-square-foot triplex contains three two-bedroom units within a 1915-built rowhome. The property combines brick and stucco construction with central heating and central air conditioning. A full basement provides storage, while a small roof deck adds outdoor space. Off-street parking is available for two vehicles, with additional on-street parking listed.

The property is located at 3217 Turner Street in Philadelphia, Pennsylvania 19121. Its 0.0341-acre lot supports the existing multifamily configuration, and the property is fully rented. The three-unit layout, established construction, basement storage, roof deck, and parking features create a defined residential income property profile.

Key Highlights

  • Three 2‑bedroom units in a triplex configuration
  • 1,752 square feet on a 0.0341‑acre lot
  • Fully rented property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,898
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,960 $598.0K
Cap Rate 7%
$427,114 $427.1K
Cap Rate 9%
$332,200 $332.2K
Market Conditions
NOI Build-Up for 1,752 SF
Gross rent
$45.2K $25.80/SF
− Vacancy
−$2.5K −$1.42/SF
EGI
$42.7K $24.38/SF
− OpEx
−$12.8K −$7.31/SF
NOI
$29.9K $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%
$597,960
Cap Rate 7%
$427,114
Cap Rate 9%
$332,200

Alternative Uses

Best Use
Multifamily LT 5
$427.1K
$373.7K – $498.3K (±1% cap)
NOI $29,898 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$393.7K
$344.5K – $459.3K (±1% cap)
NOI $27,558 @ 7.0% cap · market cap 5.80%
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

902
Businesses Nearby

Demographics for 19121, PA

41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
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 - Fully occupied residential income property with central air, basement storage, and off-street parking.
Where is this triplex located?
The property is located at 3217 TURNER Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Three 2‑bedroom units in a triplex configuration; 1,752 square feet on a 0.0341‑acre lot; Fully rented property
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