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Turnkey Triplex Investment Property
For Sale
$240,000

3427 N 2nd St, Philadelphia, PA 19140

Well-maintained three-unit triplex with all units occupied and a functioning fire alarm and sprinkler system.

Property Size2,180 SF
Price / SF$110.09
Days on Market94

Property Features for 3427 N 2nd St

General Information

Standard status Active
Size 2,180 SF
Property subtype Residential Income
Occupancy 100%

Additional Details

Sprinkler System Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,243

Building Details

Tenancy Multi
Listing Agency: ISS Realty, LLC
Listed By: tal iss · License #RM425812
Source: Exprealty
Added: Jun 8 Changed: Sep 7 Last Checked: Sep 7 at 1:33PM

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 ISS Realty, LLC

Investment Insights

Based on property information with market context.

This turnkey triplex investment property is configured as three separate units: a 3-bedroom/1-bath unit, a 2-bedroom/1-bath unit, and a studio apartment/efficiency unit. The property is described as well-maintained and includes a fully functioning fire alarm and sprinkler system.

The offering is located at 3427 North 2nd Street in Philadelphia (MLS area 19140). Public records and prior listings identify the property as a triplex with the unit mix described above.

All three units are currently occupied, with stated rents of $1,200 per month for the 3-bedroom unit, $1,000 per month for the 2-bedroom unit, and $800 per month for the studio/efficiency unit, for total monthly rental income of $3,000 and annual gross rental income of $36,000.

Key Highlights

  • 3‑unit triplex with all three units occupied
  • Unit mix: 3BR/1BA, 2BR/1BA, and studio apartment
  • Rents: $1,200/month (3BR), $1,000/month (2BR), and $800/month (studio)

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Acupuncture Travel Agency Computer & Electronic Repair

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
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

2,226
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

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 - Well-maintained three-unit triplex with all units occupied and a functioning fire alarm and sprinkler system.
Where is this triplex located?
The property is located at 3427 N 2nd St Philadelphia, PA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 3‑unit triplex with all three units occupied; Unit mix: 3BR/1BA, 2BR/1BA, and studio apartment; Rents: $1,200/month (3BR), $1,000/month (2BR), and $800/month (studio)
More about this property
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