1211 N Franklin St Philadelphia, PA 19122
Ludlow NeighborhoodEstimated payment $4,682/month
Total Views
2,250
--
Bed
--
Bath
3,500
Sq Ft
$237
Price per Sq Ft
Highlights
- Rooftop Deck
- Wood Flooring
- Central Heating and Cooling System
- Contemporary Architecture
- Level Entry For Accessibility
- Property is in excellent condition
About This Home
This rare triplex in South Kensington/Northern Liberties is a prime opportunity for investors or owner-occupants. Just steps from Girard Ave, it offers easy access to transit and is a short walk from Fishtown and Northern Liberties. Built in 2017 with quality craftsmanship, the property features a 10-Year Tax Abatement and generates approximately $5,350/month in projected rent. Each unit has separate utilities, hardwood flooring, modern kitchens with quartz countertops and stainless steel appliances, in-unit laundry, video intercoms, and stylish bathrooms with porcelain tile and brushed nickel fixtures. The first-floor bi-level unit (3BD/2BA) includes a private backyard, the second-floor unit (2BD/1BA) boasts an open layout, and the third-floor unit (2BD/1BA) features a private roof deck with Center City views. With strong rental income, condo conversion potential, and a sought-after location, this is a standout investment in one of Philly’s most vibrant neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,351
Year Built
- Built in 2017
Lot Details
- Lot Dimensions are 16.00 x 87.00
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- Triplex
- Contemporary Architecture
- Concrete Perimeter Foundation
- Masonry
Flooring
- Wood
- Tile or Brick
Laundry
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- 200+ Amp Service
- Electric Water Heater
Additional Features
- Level Entry For Accessibility
- Rooftop Deck
- Urban Location
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 141064200
Community Details
Overview
- 3 Units
- South Kensington Subdivision
Building Details
- 3 Vacant Units
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,284 | $840,000 | $168,000 | $672,000 |
| 2024 | $2,284 | $840,000 | $168,000 | $672,000 |
| 2023 | $3,446 | $816,000 | $163,200 | $652,800 |
| 2022 | $3,024 | $246,160 | $246,160 | $0 |
| 2021 | $3,024 | $0 | $0 | $0 |
| 2020 | $3,024 | $0 | $0 | $0 |
| 2019 | $3,024 | $0 | $0 | $0 |
| 2018 | $816 | $0 | $0 | $0 |
| 2017 | $816 | $0 | $0 | $0 |
| 2016 | $220 | $0 | $0 | $0 |
| 2015 | $210 | $0 | $0 | $0 |
| 2014 | -- | $15,700 | $15,700 | $0 |
| 2012 | -- | $4,640 | $4,640 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2025 06/26/25 | Price Changed | $829,900 | -2.4% | $237 / Sq Ft |
| 04/29/2025 04/29/25 | Price Changed | $849,900 | -5.6% | $243 / Sq Ft |
| 04/10/2025 04/10/25 | For Sale | $899,900 | +20.8% | $257 / Sq Ft |
| 03/22/2017 03/22/17 | Sold | $745,000 | -3.2% | $213 / Sq Ft |
| 02/06/2017 02/06/17 | Pending | -- | -- | -- |
| 01/12/2017 01/12/17 | For Sale | $769,900 | +1299.8% | $220 / Sq Ft |
| 12/02/2014 12/02/14 | Sold | $55,000 | +12.2% | -- |
| 10/22/2014 10/22/14 | Pending | -- | -- | -- |
| 07/18/2014 07/18/14 | For Sale | $49,000 | -- | -- |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $745,000 | None Available | |
| Deed | $55,000 | None Available | |
| Sheriffs Deed | $17,600 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $547,500 | Commercial | |
| Previous Owner | $345,000 | Construction |
Source: Public Records
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2465658
APN: 141064200
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