1204 W Erie Ave Philadelphia, PA 19140
Franklinville Neighborhood
--
Bed
--
Bath
3,732
Sq Ft
1,335
Sq Ft Lot
Highlights
- New Construction
- 4-minute walk to Erie
- Forced Air Heating System
- Traditional Architecture
- Brick Front
- 3-minute walk to Williams Moore Reed Memorial Park
About This Home
As of July 2025Turnkey Triplex Investment Opportunity in Booming Temple Hospital Area!
Investors, take note! This brand-new construction Triplex in the rapidly developing Temple Hospital corridor is the kind of opportunity you don’t want to miss. With strong rental potential, modern finishes, and a prime location, this property checks all the boxes for savvy buyers.
Here’s the breakdown:
Unit 1 (Bi-Level 3BD/3BA, 1,866 sq ft) – A spacious, light-filled unit with private rear yard access from both levels, perfect for tenants who want room to spread out.
Unit 2 (2BD/2BA, 933 sq ft) – A bright and well-appointed second-floor flat ideal for students, professionals, or hospital staff.
Unit 3 (2BD/2BA) – Crowned by a private roof deck, this top-floor unit brings in premium rents and skyline views.
With projected rental income around $5,000/month, you’re looking at a solid return in a neighborhood that’s only going up.
Just steps from Temple University Hospital, Shriners Hospital, the Broad Street Line, and multiple bus routes, this location is buzzing with growth. Ongoing developments nearby — including the Buery Building’s transformation into a proposed hotel — plus major street improvements already underway, signal long-term value and upside.
Whether you’re a seasoned investor or looking to start your portfolio with a smart move, this low-maintenance triplex is a total standout.
Get in now and ride the wave of North Philly’s revitalization — schedule your showing today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $443
Year Built
- Built in 2024 | New Construction
Lot Details
- 1,335 Sq Ft Lot
- Lot Dimensions are 16.00 x 83.00
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Triplex
- Traditional Architecture
- Flat Roof Shape
- Slab Foundation
- Fiberglass Roof
- Aluminum Siding
- Brick Front
- Concrete Perimeter Foundation
Interior Spaces
- Vinyl Clad Windows
- Double Hung Windows
- Casement Windows
- Window Screens
- Stacked Washer and Dryer
Kitchen
- Electric Oven or Range
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Connecting Stairway
- Interior and Exterior Basement Entry
- Drain
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating System
- 100 Amp Service
- Electric Water Heater
Community Details
- 3 Units
- 2 Vacant Units
Listing and Financial Details
- Tax Lot 139
- Assessor Parcel Number 432055900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2025
Closed on
Jul 24, 2025
Sold by
Lrs Real Estate Llc
Bought by
Toribio Juan
Seller's Agent
Justin Bresson
Keller Williams Main Line
Buyer's Agent
Robert Kipling
Coldwell Banker Realty
List Price
$679,000
Sold Price
$645,000
Premium/Discount to List
-$34,000
-5.01%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.26%
Original Mortgage
$612,750
Outstanding Balance
$612,219
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$12,607
Purchase Details
Closed on
Oct 30, 2020
Sold by
Geena Llc
Bought by
Lrs Real Estate Llc
Purchase Details
Closed on
Oct 20, 2018
Sold by
Centro Pedro Cler Inc
Bought by
Geena Llc
Purchase Details
Closed on
Oct 20, 1982
Bought by
Centro Pedro Clavier and Inc-A Non Profit Corp
Similar Homes in Philadelphia, PA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $645,000 | None Listed On Document | |
| Deed | $30,000 | Chicago Title Insurance Co | |
| Deed | $10,000 | Land Title Building | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $612,750 | New Conventional | |
| Previous Owner | $447,240 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $645,000 | -0.8% | $173 / Sq Ft |
| 06/05/2025 06/05/25 | Price Changed | $650,000 | -4.3% | $174 / Sq Ft |
| 04/17/2025 04/17/25 | For Sale | $679,000 | -- | $182 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $230 | $31,700 | $31,700 | -- |
| 2024 | $230 | $31,700 | $31,700 | -- |
| 2023 | $230 | $16,400 | $16,400 | $0 |
| 2022 | $300 | $16,400 | $16,400 | $0 |
| 2021 | $300 | $0 | $0 | $0 |
| 2020 | $300 | $0 | $0 | $0 |
| 2019 | $300 | $0 | $0 | $0 |
| 2018 | $300 | $0 | $0 | $0 |
| 2017 | $300 | $0 | $0 | $0 |
| 2016 | $62 | $0 | $0 | $0 |
| 2015 | $59 | $0 | $0 | $0 |
| 2014 | -- | $4,400 | $4,400 | $0 |
| 2012 | -- | $320 | $320 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Bresson
Seller's Agent in 2025
Justin Bresson
Keller Williams Main Line
(610) 613-7750
1 in this area
139 Total Sales
-
Brittany Skinner
Seller Co-Listing Agent in 2025
Brittany Skinner
Keller Williams Main Line
(267) 254-9659
1 in this area
78 Total Sales
-
Robert Kipling
Buyer's Agent in 2025
Robert Kipling
Coldwell Banker Realty
(516) 582-7175
1 in this area
37 Total Sales
Map
Source: Bright MLS
MLS Number: PAPH2453056
APN: 432055900
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