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2,188 sqft

$289,900

1221 LINDLEY AVENUE, PHILADELPHIA PA, 19141

Price per sqft$132.50
Built in1935
Property size2,188 sqft
Property typeMulti-family

Overview

Active

Active-bright

Listed Sep 16, 2026

Updated 5 days ago

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 lease-up. Offered at $289,900. Schedule your private showing today.

$1,929/mo

Est. mortgage payment based on a $289,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PAPH2671662

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$4,463
Tax Frequency
Annually
MLS provider logo

Listed by BHHS Fox & Roach-Jenkintown
Listing Contact: 2679815392 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 10/2/2026 at 12:47 AM UTC

 

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