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Updated Triplex with Leased Units
For Sale
$464,000

413 North Preston Street, Philadelphia, PA 19104

Fully occupied three-unit property with updated finishes and leases secured through July 2026.

Property Size3,348 SF
Price / SF$138.59
Days on Market299

Property Features for 413 North Preston Street

General Information

Standard status Active
Size 3,348 SF
Property subtype Multi-Family / Fee Simple
Zoning RSA5
Occupancy 100%

Units

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

Taxes and HOA fees

Annual Taxes $12,136

Amenities

No
No Pool
Above Grade, Below Grade

Building Details

Year Built 1915
Tenancy Multi
Listing Agency: JBMP Group
Listed By: Maria A. Pacitti · License #RM423811
Source: Compass
Added: Nov 5, 2025 Changed: Aug 29 Last Checked: Aug 29 at 10:31PM

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 JBMP Group

Investment Insights

Based on property information with market context.

This 3,348-square-foot triplex contains three residential units, each configured with 3 bedrooms and 1 bathroom. The property was built in 1915 and has received updates to its finishes, with all three units currently rented. Leases extend through July 2026, supporting continued occupancy across the building.

The property is located at 413 North Preston Street in Philadelphia’s 19104 area, near UPenn and Drexel University. The surrounding setting includes universities, hospitals, and public transportation. RSA5 zoning is identified for the property, which also includes above-grade and below-grade space.

Key Highlights

  • Three‑unit triplex with 3 bedrooms and 1 bathroom per unit
  • 3,348 square feet of property size
  • All leases secured through July 2026

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Florist Plumbing Service Kitchen & Bath Showroom Building Supply

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

Location Intelligence

Trade Area within ½ mile

4,616
Businesses Nearby

Demographics for 19104, PA

56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
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 - Fully occupied three-unit property with updated finishes and leases secured through July 2026.
Where is this triplex located?
The property is located at 413 North Preston Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $464,000.
What are key features of this property?
This property features: Three‑unit triplex with 3 bedrooms and 1 bathroom per unit; 3,348 square feet of property size; All leases secured through July 2026
More about this property
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