1221-00 Lindley Ave, Philadelphia, PA 19141

Philadelphia
Local realty services provided by:Better Homes and Gardens Real Estate Valley Partners
1221-00 Lindley Ave,Philadelphia, PA 19141
$289,900
  • 4 Beds
  • - Baths
  • 2,188 sq. ft.
  • Multi-family
  • Active
Listed by: christian washington
Office: bhhs fox & roach-jenkintown
MLS#:PAPH2671662
Source:BRIGHTMLS

Price summary

  • Price:$289,900
  • Price per sq. ft.:$132.5

About this home

FULLY OCCUPIED TRIPLEX | 10.5% CAP RATE | $2,900/MO INCOME | $289,900 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 10.5% cap rate at the $289,900 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/month 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...

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Home facts

  • Year built:1935
  • Subdivision & Development:LOGAN
  • Listing ID #:PAPH2671662
  • Added:11 day(s) ago
  • Updated:September 28, 2026 at 09:51 PM

Rooms and interior

  • Bedrooms:4
  • Basement:Yes
  • Basement Description:Full
  • Living area:2,188 sq. ft.

Heating and cooling

  • Heating:90% Forced Air, Electric

Structure and exterior

  • Year built:1935
  • Building area:2,188 sq. ft.
  • Lot area:0.09 Acres
  • Construction Materials:Brick
  • Foundation Description:Permanent

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$289,900
  • Price per sq. ft.:$132.5
  • Tax amount:$4,463 (2026)

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