Active

MLS: #PAPH2671662, Listed By: christian washington, BHHS Fox & Roach-Jenkintown, Source:Bright MLS

1221 Lindley Avenue

PHILADELPHIA, PA 19141
Mark as Favorite
Bed 4

Bed

Bath 0

Bath

SqFt2,188

Sqft

Acres0.09

Acre(Lot)

FULLY OCCUPIED TRIPLEX | 9.9% CAP RATE | $2,900/MO INCOME | $309,900 Attention Investors: Turnkey, Fully Occupied Income Property! 1221 Lindley Street is a fully renovated, 100% occupied triplex generating $2,900/month ($34,800/year) in gross rental income. With 2025 NOI of $30,555.36, this stabilized asset delivers an impressive 9.9% cap rate at the $309,900 asking price. A major advantage for the next owner: all units are separately metered for gas and electric, with those utilities paid directly by the tenants. The property also features a landlord-paid master water meter and a coin-operated washer and dryer in the basement, providing an additional income stream. Unit Breakdown: Unit 1: 2 beds, 1 bath — $1,050/month Unit 2: 1 bed, 1 bath — $1,025/month Unit 3: 1 bed, 1 bath — $825/m onth With renovations complete and tenants already in place, the next owner can acquire a stabilized, cash-flowing multifamily property without a major upfront renovation or initial lease-up. Offered at $309,900. Schedule your private showing today.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential Income

Price : $309,900

AD Id : 91302551

MLS Id : PAPH2671662

Beds : 4

Lot Size : 0.09 Acre

Living Area Size : 2,188 Sq. Ft

Tax Amount : $4,463

Year Built : 1935

County : PHILADELPHIA

Subdivision: Logan

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 4

    Room Information

    Has Basement: Yes Basement: Full
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Forced Air Cooling: None

  • Building Information

    Year Built: 1935 Building Area Total: 2188 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 49X80 Lot Size Acres: 0.09 Lot Size Source: Assessor Lot Size Square Feet: 3890

    Property Information

    Subdivision: LOGAN Source Property Type: Residential Income Property SubType: Triplex Property Age: 91

  • Listing Price Information

    Listing Price: $309900

  • Tax Information

    Parcel Number: 493001600 Tax Lot: 19 Tax Year: 2026 Annual Tax: $4463

  • Parking Information

    None

  • Location Information

    Direction: Two blocks from broad and logan station WaterSource: Public
Sell a home like this and save $18,095 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4849 N 9th Street, Philadelphia, PA, 19141 $214,900 2 -- 1,568 0.03 Acre
903 W Duncannon Avenue, Philadelphia, PA, 19141 $209,900 4 -- 2,020 0.05 Acre
4852 N 9th Street, Philadelphia, PA, 19141 $234,900 3 -- 1,360 0.03 Acre
5602 N 10th Street, Philadelphia, PA, 19141 $215,000 4 -- 1,568 0.03 Acre
1016 W Duncannon Avenue, Philadelphia, PA, 19141 $239,999 5 -- 1,840 0.05 Acre
4817 N 11th Street, Philadelphia, PA, 19141 $304,000 5 -- 1,140 0.04 Acre
5631 N 11th Street, Philadelphia, PA, 19141 $254,900 5 -- 1,692 0.03 Acre
1103 Lindley Avenue, Philadelphia, PA, 19141 $324,900 4 -- -- --
5324 N Marvine Street, Philadelphia, PA, 19141 $300,000 2 -- 1,246 0.03 Acre
4803 N 12th Street, Philadelphia, PA, 19141 $189,900 4 -- 1,500 0.05 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 09/20/2026 @ 13:29

MLS: PAPH2671662 LISTED BY: christian washington, BHHS Fox & Roach-Jenkintown 215-887-0400 SOURCE: Bright MLS

Homes around $309,900

Selling? Save $18,095 when you sell a home like this

Tour with a ByOwner Agent