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1338 N Franklin Street

Philadelphia, PA 19122

– beds
– baths
– sqft
1,754 sqft lot
2025 build

Offering 4.75% (Temporary 1 year interest rate) 2% interest rate buydown for the 1st year at ZERO cost to the buyer when using the seller/builder’s preferred lender. Welcome to 1338 N Franklin Street, a brand-new, meticulously designed triplex located in the heart of Olde Kensington—one of Philadelphia’s fastest-growing and most desirable neighborhoods. This stunning multifamily investment opportunity features three thoughtfully laid-out residential units, each offering modern luxury and high-end finishes throughout. Unit 1 is a spacious 3-bedroom, 3-bathroom bi-level home with an open-concept layout, large windows that flood the space with natural light, and a fully finished lower level—ideal for multi-generational living or an owner-occupant. Units 2 and 3 each offer 2 bedrooms and 2 full bathrooms, featuring sleek quartz countertops, premium wood grain cabinetry, and stainless steel appliances in stylish, well-appointed kitchens. All units are finished with hardwood flooring throughout, contemporary tilework in the bathrooms, and full-size laundry setups. To top it off, the property includes 2 private parking spaces—a rare find in the city. Located just minutes from Northern Liberties and Fishtown hotspots like La Colombe Coffee Roasters, Front Street Café, Frankford Hall, and Punch Buggy Brewing, residents will enjoy walkable access to an array of restaurants, parks, and cultural attractions. With close proximity to public transportation and I-95, commuting throughout the city is seamless. Don’t miss your chance to own a high-quality new construction triplex in a prime Philadelphia location, whether you’re looking for an income-producing property or multi-family living with style and flexibility.

Listing courtesy of BRIGHT / Keller Williams Main Line

Last checked: Checking… • Last updated Jun 16, 2025 •

MLS# PAPH2495000 —

The Building

Year Built:

2025
Year Built Source:

Estimated
New Construction:

Yes
Construction Materials:

Other
Construction Completed:

Yes
Building Units Total:

4
Structure Type:

Interior Row/Townhouse
Architectural Style:

Traditional, Bi-level, Contemporary
Accessibility Features:

None
Foundation Details:

Other
Basement:

Yes
Basement Type:

Fully Finished
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Living Area SqFt:

0 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement

Location

Directions:

1338 N FRANKLIN ST - GPS
Latitude:

39.97286606
Longitude:

-75.14872742

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Property Condition:

Excellent
Lot Size Units:

Square Feet
Lot Size Acres:

0.04
Lot Size Source:

Assessor
Lot Size Dimensions:

17.00 x 101.00
Lot Dimensions Source:

Assessor
Lot SqFt:

1,754 Sqft
Zoning:

RSA5
Other Structures:

Above Grade, Below Grade
Waterview:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

SR
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

141072800
Tax Year:

2024
Tax Lot:

84
Tax Annual Amount:

$4,332
Tax Assessed Value:

$309,500
Year Assessed:

2025
School Tax:

2426.0
City/Town Tax:

1906.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

School District Name:

Philadelphia City
School District Source:

Listing Agent

The Community

Subdivision Name:

Olde Kensington
Pool:

No Pool

Parking

Total Garage and Parking Spaces:

2
Garage:

No
Type of Parking:

Driveway
Driveway - # of Spaces:

2

Extra Units

Other Units:

Unit 1,Unit 2,Unit 3
Vacation Rental:

No
Two Bedroom Units:

2
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/16/25 Jun 16, 2025	Listed / Active	BRIGHT	$1,200,000

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This multifamily located in Lower North, Philadelphia, PA 19122 is currently for sale for $1,200,000. 1338 N Franklin Street is a – square foot multifamily with – beds and – baths. 1338 N Franklin Street is in the Lower North neighborhood of Philadelphia and has a WalkScore® of 71, making it very walkable. This multifamily is in the attendance area of Penn Treaty School and James R. Ludlow School.

Listing Courtesy of: BRIGHT and Keller Williams Main Line.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.