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Legally Zoned End-Row Triplex
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3946 Lankenau Ave, Philadelphia, PA 19131

End-of-row triplex offers two-bedroom units plus a basement efficiency with separate access and mostly separate utilities.

Property SizeContact for details
Days on Market124

Property Features for 3946 Lankenau Ave

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 3

Building Details

Year Renovated 2023
Stories 3
Tenancy Multi
Listing Agency: Realty Mark Associates
Listed By: Dawn Kore · License #RS334757
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 6:57PM

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 Realty Mark Associates

Investment Insights

Based on property information with market context.

This legally zoned end-of-row triplex includes three residential units: a first-floor 2-bedroom, 1-bath, a second-floor 2-bedroom, 1-bath, and a basement efficiency apartment with a large kitchen and separate access from the driveway. The first and second floor kitchens were remodeled in late 2022 and early 2023 with granite countertops, new shaker cabinets, updated tile and lighting, and stainless steel sink and faucet. Utilities are separately metered for all three units except for water/sewer. The property includes two driveway parking spots in addition to on-street parking, and all appliances are included as-is, along with washers and dryers, wall air conditioning units, and refrigerators and ovens.

Located on Lankenau Avenue with access to major routes including Route 1 and Route 76, the home is described as about one and a half blocks from City Avenue and bordering Bala Cynwyd. The area is characterized by a suburban feel within the city, with walking access to City Avenue and West River Drive and proximity to St. Joseph’s University, PCOM, and local dining and shopping.

The current configuration supports separate unit living within a single building, with remodeling updates focused on the first- and second-floor kitchen areas.

Key Highlights

  • Legally zoned end‑of‑row triplex in Philadelphia with two 2 bed, 1 bath units plus a basement efficiency apartment with separate access
  • 1st- and 2nd‑floor kitchens fully remodeled Dec 2022–Jan 2023 with granite countertops, new shaker cabinets, subway tile backsplash, and new fixtures/tiles
  • Unit details: 1st floor is 2 bed/1 bath with brand new wall‑to‑wall carpeting; 2nd floor is 2 bed/1 bath with brand new carpeting

Property Analytics

Current Use

Sunergy Solutions Solar Energy Contractor

Suggested Use

Top Pick Auto Repair Shop Building Supply (Bike/Boat/Book/etc) Store Auto Parts Store Bakery Electrical 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
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,624
Businesses Nearby

Demographics for 19131, PA

42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
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 - End-of-row triplex offers two-bedroom units plus a basement efficiency with separate access and mostly separate utilities.
Where is this triplex located?
The property is located at 3946 Lankenau Ave Philadelphia, PA.
What are key features of this property?
This property features: Legally zoned end‑of‑row triplex in Philadelphia with two 2 bed, 1 bath units plus a basement efficiency apartment with separate access; 1st- and 2nd‑floor kitchens fully remodeled Dec 2022–Jan 2023 with granite countertops, new shaker cabinets, subway tile backsplash, and new fixtures/tiles; Unit details: 1st floor is 2 bed/1 bath with brand new wall‑to‑wall carpeting; 2nd floor is 2 bed/1 bath with brand new carpeting
More about this property
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