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Leased Triplex with Finished Basement
For Sale
$860,000

838 N WOODSTOCK ST, Philadelphia, PA 19130

PHILADELPHIA, PA

Property Size3,100 SF
Lot Size0.03 Acres
Price / SF$277.42
Days on Market80

Property Features for 838 N WOODSTOCK ST

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision ART MUSEUM AREA
Elementary school BACHE-MARTIN
High school BENJAMIN FRANKLIN
Elementary school district THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district THE SCHOOL DISTRICT OF PHILADELPHIA
High school district THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status Active
Lot size 0.03 Acres

Amenities

in-unit laundry

Building Details

Year built 1920
Listing Agency: West Chester
Listed By: Ginna H. Anderson
Added: Aug 5 Changed: Sep 19 Last Checked: Oct 23 at 12:06AM
MLS# PAPH2655960

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1920, this three-unit Victorian-style townhouse provides 3,100 square feet of finished space, including a completed basement that expands the first unit’s usable area. Hardwood flooring runs throughout, and each residence includes a washer and dryer. The property is described as being in very good condition, with all three units leased and no association fees.

Recent work includes replacement of the roof and the A/C systems serving units 2 and 3, along with updates to some windows and appliances. Residents have access to street parking, while the Philadelphia setting places the property near cultural landmarks, dining, art, and entertainment.

Key Highlights

  • 3,100 square feet of finished area in a three‑unit townhouse
  • Built in 1920 with Victorian architectural style
  • Fully finished basement expands the living area for unit 1

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$52,901
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,058,020 $1.1M
Cap Rate 7%
$755,729 $755.7K
Cap Rate 9%
$587,789 $587.8K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$80.0K $25.80/SF
− Vacancy
−$4.4K −$1.42/SF
EGI
$75.6K $24.38/SF
− OpEx
−$22.7K −$7.31/SF
NOI
$52.9K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,058,020
Cap Rate 7%
$755,729
Cap Rate 9%
$587,789

Alternative Uses

Best Use
Multifamily LT 5
$755.7K
$661.3K – $881.7K (±1% cap)
NOI $52,901 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$696.6K
$609.5K – $812.7K (±1% cap)
NOI $48,761 @ 7.0% cap · market cap 5.67%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,513
Businesses Nearby

Demographics for 19130, PA

31,477
Population
18,178
Households
1.7
Avg Household Size
34
Median Age
78%
College-Educated
98%
High-School Grad
1.2 sq mi
ZIP Area
26,231
Density / Sq Mi
$110,436
Median Household Income
$76,051
Median Earnings
$1,836
Median Rent
$483,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Three leased units offer hardwood flooring, in-unit laundry, and street parking in Philadelphia.
Where is this triplex located?
The property is located at 838 N WOODSTOCK ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: 3,100 square feet of finished area in a three‑unit townhouse; Built in 1920 with Victorian architectural style; Fully finished basement expands the living area for unit 1
More about this property
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