Renovated
3236 N 17TH ST, Philadelphia, PA 19140
For Sale
$550,000
All three residences feature two-bedroom layouts and updated kitchens and baths.
Property Size2,490 SF
Price / SF$220.88
Days on Market25
Property Features for 3236 N 17TH ST
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Building Details
Buildings
Listing Agency:
Howard Hanna Real Estate Services
(215) 643-2500
Listed By:
James B Hering
(215) 439-2990
Source:
Graves
Added: Oct 16
Changed: Nov 9
Last Checked: Nov 8 at 5:30AM
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 Howard Hanna Real Estate Services
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This renovated triplex contains three residences, each with two bedrooms. The 2,490-square-foot property has tile and luxury vinyl plank flooring throughout. Updated kitchens include new appliances, contemporary finishes, and countertops; the bathrooms feature tiled surfaces and updated fixtures.
Key Highlights
- Three residences, each with two bedrooms
- 2,490 square feet across the triplex
- Tile and luxury vinyl plank flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,492
Cap Rate
7.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$849,840
$849.8K
Cap Rate 7%
$607,029
$607.0K
Cap Rate 9%
$472,133
$472.1K
Market Conditions
NOI Build-Up for 2,490 SF
Gross rent
$64.2K $25.80/SF
− Vacancy
−$3.5K −$1.42/SF
EGI
$60.7K $24.38/SF
− OpEx
−$18.2K −$7.31/SF
NOI
$42.5K $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%
$849,840
Cap Rate 7%
$607,029
Cap Rate 9%
$472,133
Alternative Uses
Best Use
Multifamily LT 5
$607.0K
$531.2K – $708.2K
NOI $42,492 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$559.5K
$489.6K – $652.8K
NOI $39,166 @ 7.0% cap · market cap 7.12%
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
Location Intelligence
Trade Area within ½ mile
3,304
Businesses Nearby
Explore this area
Business Placement
Demographics for 19140, PA
52,124
Population
23,104
Households
2.3
Avg Household Size
36
Median Age
9%
College-Educated
73%
High-School Grad
3.2 sq mi
ZIP Area
16,289
Density / Sq Mi
$33,149
Median Household Income
$31,508
Median Earnings
$1,085
Median Rent
$101,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in Philadelphia, PA
Properties on Market for Triplexes in Philadelphia
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - All three residences feature two-bedroom layouts and updated kitchens and baths.
Where is this triplex located?
The property is located at 3236 N 17TH ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three residences, each with two bedrooms; 2,490 square feet across the triplex; Tile and luxury vinyl plank flooring throughout
