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Licensed Triplex with Vacant Units
For Sale
$329,000
Pending

38 N 50th St, Philadelphia, PA 19139

Three-unit multifamily property with two residences available for occupancy and one established subsidized tenancy.

Property Size2,939 SF
Days on Market148

Property Features for 38 N 50th St

General Information

Standard status Pending
Size 2,939 SF
Property subtype Multi-Family

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Building Details

Year Built 1917
Listing Agency: ROI National Realty Corp
Listed By: Ksenia Shusman
Source: Viewmarylandhomesforsale
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 12:25AM

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 ROI National Realty Corp

Investment Insights

Based on property information with market context.

This licensed triplex contains 2,939 square feet and was built in 1917. The layout includes three separate residences, each configured with two bedrooms and one bathroom. Two units are vacant, while the third is occupied by a long-term Section 8 tenant. The vacant residences provide immediate flexibility for an owner-occupant or new leasing arrangements, subject to applicable requirements.

Located at 38 N 50th St in Philadelphia, PA 19139, the property combines an existing three-unit configuration with an established occupancy profile. Unit 1 is described as move-in ready, and Unit 2 is in good condition. Unit 3 provides ongoing occupancy through its Section 8 tenancy.

Key Highlights

  • Licensed triplex with three 2‑bedroom, 1‑bath units
  • 2,939 square feet built in 1917
  • Two units delivered vacant

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Dental Office HVAC Service

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

Location Intelligence

Trade Area within ½ mile

2,240
Businesses Nearby

Demographics for 19139, PA

43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Three-unit multifamily property with two residences available for occupancy and one established subsidized tenancy.
Where is this triplex located?
The property is located at 38 N 50th St Philadelphia, PA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Licensed triplex with three 2‑bedroom, 1‑bath units; 2,939 square feet built in 1917; Two units delivered vacant
More about this property
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