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Renovated Triplex with Detached Garages
For Sale
$699,000

3412 N 19TH Street, Philadelphia, PA 19140

Multi-Family, PHILADELPHIA, PA

Property Size3,936 SF
Lot Size0.17 Acres
Price / SF$177.59
Days on Market157

Property Features for 3412 N 19TH Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Parking 10
Parking features Garage - Detached, On Street
Interior features Intercom, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Floor Plan - Open
Elementary school district PHILADELPHIA CITY
Middle school district PHILADELPHIA CITY
High school district PHILADELPHIA CITY
Standard status Active
Size 3,936 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 3646

Utilities

Heating system Central
Cooling system Central Air

Amenities

stainless steel appliances
granite countertops
subway tile backsplash
modern metal railings
ceiling fans
laundry hookups
mini-split systems
fire alarm
fire suppression system
electric gate
remote access

Building Details

Year built 1925
Number of units 3
Building materials Stone
Architectural style Other
Listing Agency: RE/MAX Properties · RE/MAX International
Listed By: Yeisson Rafael Tena-Figuereo · License #RS319964
Added: May 11 Changed: Oct 13 Last Checked: Oct 14 at 10:06AM
MLS# PAPH2620026

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.

Investment Insights

Based on property information with market context.

This renovated triplex contains 3,936 square feet on a 0.1699-acre parcel and includes 10 detached garages. The three residences feature stainless steel appliances, granite countertops, subway tile backsplashes, metal railings, open floor plans, and substantial closet storage. The first- and second-floor units each have two full bathrooms, while all units include laundry hookups, ceiling fans, and mini-split systems for heating and cooling.

Separate electric and water meters serve each unit. The property also includes fire alarm and fire suppression systems, an intercom, tub-shower and walk-in shower configurations, and on-street parking. The secured garage and lot area has an electric rolling gate with remote access and a side entry door. Built in 1925, the property is located at 3412 N 19TH Street in Philadelphia, PA 19140.

Key Highlights

  • Three‑unit triplex with 3,936 square feet of building area
  • 10 detached garages on a 0.1699‑acre parcel
  • Separate electric and water meters for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,911
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,238,220 $1.2M
Cap Rate 7%
$884,443 $884.4K
Cap Rate 9%
$687,900 $687.9K
Market Conditions
NOI Build-Up for 3,936 SF
Gross rent
$119.5K $30.36/SF
− Vacancy
−$6.9K −$1.76/SF
EGI
$112.6K $28.60/SF
− OpEx
−$50.7K −$12.87/SF
NOI
$61.9K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,238,220
Cap Rate 7%
$884,443
Cap Rate 9%
$687,900

Alternative Uses

Best Use
Multifamily LT 5
$959.5K
$839.6K – $1.12M (±1% cap)
NOI $67,167 @ 7.0% cap · market cap 9.61%
Second Best
Apartment 5plus
$884.4K
$773.9K – $1.03M (±1% cap)
NOI $61,911 @ 7.0% cap · market cap 8.86%
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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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Acupuncture Accounting Firm Gym & Fitness Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,331
Businesses Nearby

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

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Renovated three-unit property with detached garages, separate utility meters, and modern heating and cooling systems.
Where is this triplex located?
The property is located at 3412 N 19TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Three‑unit triplex with 3,936 square feet of building area; 10 detached garages on a 0.1699‑acre parcel; Separate electric and water meters for each unit
More about this property
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