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Fully Occupied Triplex Investment
For Sale
$329,900
Pending

6616 WOODLAND AVENUE, Philadelphia, PA 19142

Fully leased triplex with one one-bedroom and two two-bedroom units, generating gross monthly rent of $3,773.

Property Size2,063 SF
Days on Market101

Property Features for 6616 WOODLAND AVENUE

General Information

Standard status Pending
Size 2,063 SF
Property subtype Triplex

Site & Location

Neighborhood Southwest Philadelphia

Building Details

Year Built 1915
Listing Agency: Opulent Realty Group LLC
Listed By: Nicole Koger-Ford · License #RS369442
Source: Cummingsrealtors
Added: Jul 23 Changed: Oct 31 Last Checked: Oct 30 at 4:49PM

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 Opulent Realty Group LLC

Rey
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Investment Insights

Based on property information with market context.

This fully occupied triplex is currently generating $3,773 per month in gross rent, with all three units leased. The unit mix includes one one-bedroom and two two-bedroom layouts. Reported improvements include updated kitchens and bathrooms, and each unit has separate heat, hot water, and utilities for individualized billing.

The property features bi-level layouts, with first-floor laundry in one unit and a private rear yard. The listing notes a current rental license and lead certifications. The property is being sold strictly as-is, with the seller making no repairs.

Buyers should be aware that showings are by appointment only Fridays, Saturdays, and Sundays from 10:00 a.m. to 1:00 p.m. The seller is also offering $5,000 toward the buyer’s allowable closing costs and prepaid expenses with an accepted offer at or above full list price, subject to lender and financing-program limits.

Key Highlights

  • Fully occupied 3‑unit triplex with gross monthly rent of $3,773
  • Unit mix: one 1‑bedroom unit and two 2‑bedroom units
  • Separate heat, hot water, and utilities for each unit

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,336
Businesses Nearby

Demographics for 19142, PA

29,565
Population
12,943
Households
2.3
Avg Household Size
33
Median Age
13%
College-Educated
82%
High-School Grad
1.7 sq mi
ZIP Area
17,391
Density / Sq Mi
$42,812
Median Household Income
$32,763
Median Earnings
$1,269
Median Rent
$110,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Fully leased triplex with one one-bedroom and two two-bedroom units, generating gross monthly rent of $3,773.
Where is this triplex located?
The property is located at 6616 WOODLAND AVENUE Philadelphia, PA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Fully occupied 3‑unit triplex with gross monthly rent of $3,773; Unit mix: one 1‑bedroom unit and two 2‑bedroom units; Separate heat, hot water, and utilities for each unit
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