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Philadelphia Triplex Investment Opportunity
For Sale
$339,000
Pending

7109 North Broad Street, Philadelphia, PA 19126

Legal triplex near transportation, ideal for owner-occupants or investors.

Property Size2,144 SF
Days on Market106

Property Features for 7109 North Broad Street

General Information

Standard status Pending
Size 2,144 SF
Property subtype Multi-Family / Fee Simple
Zoning RSA3

Taxes and HOA fees

Annual Taxes $3,831

Amenities

Stove, Refrigerator
Six Panel
Replacement
No Pool

Building Details

Year Built 1935
Listing Agency: KW Empower
Listed By: Stephen M Kennedy · License #RS330775
Source: Compass
Added: May 18 Changed: Aug 8 Last Checked: Jul 24 at 1:26PM

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 KW Empower

Investment Insights

Based on property information with market context.

This legal triplex presents an opportunity for owner-occupants, value-add investors, or turnkey investors. The property features one 2-bedroom, 1-bath unit and two 1-bedroom, 1-bathroom units. The exterior includes a well-kept block, ample street parking, a large yard, and a front porch. The interior features functional floor plans, large bedrooms, and closet space. Each unit has separate utilities. The property is located close to hospitals, universities, and public and major transit options, including an airport less than 10 miles away and a bus stop and metro/subway station less than 1 mile away. The property is located in the 19126 MLS area and within the School District of Philadelphia. The property could generate as much as $3,300 a month.

Key Highlights

  • Legal Triplex: Offers immediate rental income potential or owner‑occupancy with supplemental income.
  • High Income Potential: Capable of generating up to $3,300 per month, representing a 9% cap rate.
  • Separate Utilities: Simplifies tenant management and expense tracking.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office Big Box & Wholesale Store 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.

Location Intelligence

Trade Area within ½ mile

995
Businesses Nearby

Demographics for 19126, PA

16,159
Population
7,490
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
90%
High-School Grad
1.2 sq mi
ZIP Area
13,466
Density / Sq Mi
$52,847
Median Household Income
$40,610
Median Earnings
$1,116
Median Rent
$214,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Triplex - Legal triplex near transportation, ideal for owner-occupants or investors.
Where is this triplex located?
The property is located at 7109 North Broad Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Legal Triplex: Offers immediate rental income potential or owner‑occupancy with supplemental income.; High Income Potential: Capable of generating up to $3,300 per month, representing a 9% cap rate.; Separate Utilities: Simplifies tenant management and expense tracking.
More about this property
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