Tri-Level Residential Income
New
For Sale
$365,000
325 E ALLEN STREET Unit 1, Philadelphia, PA 19125
Tenant-occupied two-bedroom, two-bath residence with three levels, contemporary finishes, and an in-unit laundry area.
Property Size1,503 SF
Days on Market5
Property Features for 325 E ALLEN STREET Unit 1
General Information
Standard status
Active
Size
1,503 SF
Property subtype
Unit/Flat/Apartment
Occupancy
100%
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,229
Building Details
Building Size
1,503 SF
Year Built
2016
Tenancy
Single
Listing Agency:
KW Empower
(704) 589-4563
Listed By:
Jenna Marie Ferreri · License #RS369388
(704) 589-4563
Source:
Patmckennarealtors
Added: Jul 31
Changed: Aug 4
Last Checked: Aug 4 at 4:04AM
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 KW Empower
Investment Insights
Based on property information with market context.
Built in 2016, this tenant-occupied tri-level condominium offers two bedrooms and two full baths across a contemporary three-level layout. The main floor combines living and dining areas with a kitchen featuring a large island, dark wood cabinetry, stainless steel appliances, marble countertops, and tile backsplash. The lower level contains the primary suite, an ensuite bath with a glass-enclosed shower, a walk-in closet, and in-unit laundry. A second bedroom, full bath, and large closet occupy the upper level, providing additional flexibility for guests, office use, or shared living.
Oversized windows bring natural light throughout the home and look toward Penn Treaty Park and the Delaware River. The property is in Philadelphia’s Fishtown area, near I-95, the waterfront, dining, and shopping.
Oversized windows bring natural light throughout the home and look toward Penn Treaty Park and the Delaware River. The property is in Philadelphia’s Fishtown area, near I-95, the waterfront, dining, and shopping.
Key Highlights
- Two‑bedroom, two‑bath tri‑level condominium built in 2016
- Tenant‑occupied property in Philadelphia’s Fishtown area
- Main‑level kitchen with island, stainless steel appliances, marble countertops, and tile backsplash
Financial Insights For Apartment 5plus
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 | $45.6k | $30.36 |
| − Vacancy | −$2.6k | −$1.76 |
| EGI | $43.0k | $28.60 |
| − OpEx | −$19.3k | −$12.87 |
| NOI | $23.6k | $15.73 |
1,503 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$337.7K
$295.5K – $394.0K
NOI $23,641 @ 7.0% cap · market cap 6.48%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$366.4K
$320.6K – $427.5K
NOI $25,649 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,617
Businesses Nearby
Explore this area
Business Placement
Demographics for 19125, PA
25,325
Population
13,055
Households
1.9
Avg Household Size
34
Median Age
64%
College-Educated
94%
High-School Grad
1.4 sq mi
ZIP Area
18,089
Density / Sq Mi
$110,842
Median Household Income
$62,656
Median Earnings
$1,743
Median Rent
$373,600
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Philadelphia, PA
Properties on Market for Residential income properties in Philadelphia
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Tenant-occupied two-bedroom, two-bath residence with three levels, contemporary finishes, and an in-unit laundry area.
Where is this residential income property located?
The property is located at 325 E ALLEN STREET Unit 1 Philadelphia, PA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath tri‑level condominium built in 2016; Tenant‑occupied property in Philadelphia’s Fishtown area; Main‑level kitchen with island, stainless steel appliances, marble countertops, and tile backsplash
