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    Melrose Park, PA
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    Melrose Park, PA Triplexes for Sale

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    Occupied Triplex with Solar Panels
    Updated: Oct 9, 2025
    Occupied Triplex with Solar Panels

    7301 CHESTNUT AVE, Elkins Park, PA 19027

    $650,000
    4,355 sqft 0.27 AC lot
    Fully occupied 3‑unit triplex with separate kitchens and full baths across three levels
    Income: Unit 1 $2,500/mo, Unit 2 $2,000/mo, Unit 3 $1,500/mo; one detached garage space rents for $500/mo
    Situated on 0.27 acres with solar panels, fenced front yard with covered porch, and semi‑private backyard with patio and mature landscaping
    Parking includes a large driveway, a detached 2‑car garage, and an additional detached garage
    Unit features include in‑unit laundry in the upstairs unit; basement includes shared laundry facilities and additional storage
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    This listing looks promising.

    Here's a quick look at some key insights for

    7301 CHESTNUT AVE, ELKINS PARK, PA 19027

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $59K
      Annual

    • Price @ 7% Cap

      $841K
      Above asking

    • Property Type

      Triplex
      Built 1873
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    Triplex With Oversized Lot
    Updated: Sep 6, 2025
    Triplex With Oversized Lot

    7301 Chestnut Avenue, Elkins Park, PA 19027

    $725,000
    4,355 sqft
    Well‑maintained triplex built in 1873 with three levels and three separate units
    Each unit includes its own kitchen and full bath
    Second‑floor unit offers more than 1,200 SF with 3 bedrooms and a full bath plus in‑unit laundry
    Fenced front yard with covered porch and garden, plus semi‑private backyard with patio and mature landscaping
    Oversized lot with solar panels, large driveway, and a two‑car garage plus a second detached garage
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Melrose Park, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Semi-Detached Investment
    Three-Unit Semi-Detached Investment

    1534 68th Avenue, Philadelphia, PA 19126

    $299,900
    3,653 sqft 0.06 AC lot

    Three-unit semi-detached property in RSA5 featuring six bedrooms and three full baths, sold as-is.

    View details
    Triplex with Wraparound Porch
    Triplex with Wraparound Porch

    6717 N 6TH Street, Philadelphia, PA 19126

    $350,000
    2,500 sqft 0.15 AC lot

    Three-unit triplex with wraparound porch, updated kitchen, and yard space—suited for owner occupants or investors.

    View details
    Residential Triplex with Wraparound Porch
    Residential Triplex with Wraparound Porch

    6717 North 6th Street, Philadelphia, PA 19126

    $375,000
    2,500 sqft

    Three-unit triplex features a wraparound porch, updated granite kitchen, and a bi-level 3-bedroom apartment.

    View details
    Philadelphia Triplex Investment Opportunity
    Philadelphia Triplex Investment Opportunity

    7109 North Broad Street, Philadelphia, PA 19126

    $339,000
    2,144 sqft

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

    View details

    Melrose Park, PA Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Melrose Park, PA on our real estate platform. These investment opportunities span a total of 8,710 square feet of properties for sale, with an estimated market value of $1,375,000.

    Sale prices for three-family homes in Melrose Park, PA start at $650,000, averaging $687,500, and reaching up to $725,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 6
    Triplexes 2

    Demographics Overview

    Population 20K
    Population Growth (5Y) +2.1%
    Median Household Income $105,190
    College Educated 88.2%

    Listings Trend

    New vs delisted commercial listings in Montgomery County

    New Delisted

    Total CRE Inventory on Market (SF)

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