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RM1 Triplex With Separate Utilities
For Sale
$214,999

422 E Allegheny Avenue, Philadelphia, PA 19134

Three apartments include two month-to-month tenancies and one vacant unit suited for leasing or owner occupancy.

Property Size1,980 SF
Price / SF$108.59
Days on Market120

Property Features for 422 E Allegheny Avenue

General Information

Standard status Active
Size 1,980 SF
Property subtype Multi-Family
Zoning RM1

Units

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

Additional Details

Asking Price $224,999
Public Transit Yes

Taxes and HOA fees

Annual Taxes $2,642

Amenities

Unfinished
Electric
Yes
Natural Gas
No
Assessor
No Pool
Public
U50
15.00 x 72.00
0.02
On Street
Block

Building Details

Building Size 1,980 SF
Year Built 1930
Buildings 1
Listing Agency: Mallin Panchelli Nadel Realty Inc
Listed By: Julia Joyce-Hall
Source: Thetristaterealestategroup
Added: Apr 8 Changed: Aug 5 Last Checked: Aug 5 at 4:13AM

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 Mallin Panchelli Nadel Realty Inc

Investment Insights

Based on property information with market context.

This 1,980-square-foot triplex, built in 1930, contains three separately metered apartments. The first-floor residence has two bedrooms and one bathroom, while the second-floor apartment offers the same two-bedroom, one-bath layout. A one-bedroom, one-bath unit occupies the third floor. Two apartments are leased month-to-month, and the second-floor unit is vacant for a new tenant or owner-occupant. Electric and natural-gas service are separately metered, supporting independent utility management. The property is zoned RM1 and includes on-street parking. A bus stop at the corner adds public-transit access, while the 15.00 x 72.00 lot provides the underlying parcel for the three-story residential building.

Key Highlights

  • Three‑unit residential property with 1,980 SF of building area
  • Unit mix includes two 2‑bedroom, 1‑bath apartments and one 1‑bedroom, 1‑bath apartment
  • Two apartments are occupied month‑to‑month; one second‑floor unit is vacant

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Travel Agency (Bike/Boat/Book/etc) Store

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

2,516
Businesses Nearby

Demographics for 19134, PA

57,463
Population
25,290
Households
2.3
Avg Household Size
33
Median Age
18%
College-Educated
77%
High-School Grad
3.4 sq mi
ZIP Area
16,901
Density / Sq Mi
$41,849
Median Household Income
$35,858
Median Earnings
$1,179
Median Rent
$127,500
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 - Three apartments include two month-to-month tenancies and one vacant unit suited for leasing or owner occupancy.
Where is this triplex located?
The property is located at 422 E Allegheny Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $214,999.
What are key features of this property?
This property features: Three‑unit residential property with 1,980 SF of building area; Unit mix includes two 2‑bedroom, 1‑bath apartments and one 1‑bedroom, 1‑bath apartment; Two apartments are occupied month‑to‑month; one second‑floor unit is vacant
More about this property
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