1325 N FRANKLIN ST Open House Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19122
OPEN HOUSE
Sun Oct 12, 2:00pm - 4:00pm
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,318 sqft
Price per Sqft $233
Subdivision Ludlow
MLS Listing ID PAPH2546658
Style Traditional
Abv Grd Liv Area 3,318
Year Built 1900
Available Date 2025-10-12
Annual Tax Amount $11,282
Tax Year 2025
Lot Size 1,830 Sqft
Acres 0.04
Lot Dimensions 23.00 x 80.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Welcome to 1325 N Franklin Street — a true gem in the heart of Ludlow / Olde Kensington, one of Philadelphia's most desirable and fast-growing neighborhoods! This quadruplex offers an incredible blend of comfort, income potential, and long-term appreciation surrounded by million-dollar new construction and vibrant city life.
Step inside to discover four spacious units that all feel like home. The first-floor unit spans the full length of the property and features 3 bedrooms, 2 full baths, and a bright, open layout that feels more like a single-family home. Upstairs, you'll find two stylish 2-bedroom, 1-bath units and a unique bi-level 2-bedroom, 2-bath unit that faces the front of the building—each filled with natural light, high ceilings, and warm character. All units feature granite countertops, central air, and separate utilities, ensuring easy management and modern comfort.
The basement provides shared laundry and even has the potential to be converted into another unit or studio space—offering even more upside for the savvy investor. The property recently received new star bolts, ensuring long-term structural security and peace of mind.
Here's where it gets exciting: this property has incredible income potential, with market rents in this zip code reaching approximately $2,850/month for the 3-bedroom and $2,350/month for the 2-bedrooms — a potential $9,900 per month in gross rental income! Two tenants are currently below market, giving the next owner a golden opportunity to maximize cash flow or add value through updates.
Whether you're looking to live in one unit and let the others pay your mortgage, operate as an Airbnb, or even convert into individual condos (with nearby units selling for $300K+ each), the possibilities here are limitless.
Located minutes from Temple University, Northern Liberties, Fishtown, and Center City, 1325 N Franklin offers the best of both worlds—urban accessibility and a neighborhood vibe that continues to rise in value. Walk to local favorites like ReAnimator Coffee, Laser Wolf, and Stateside Vodka, or hop on public transportation for an easy city commute to Center City, Northern Liberties or Fishtown.
With strong rental demand, long-term appreciation, and multiple exit strategies, 1325 N Franklin St is more than a property—it's an opportunity to create wealth, stability, and freedom.
Join me this Sunday, October 12th, from 2 PM to 4 PM for the Open House and see why this property stands out as one of Philadelphia's most exciting investment and lifestyle opportunities!
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM1
Interior
Interior Features Floor Plan - Open,Recessed Lighting,Upgraded Countertops
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Ceramic Tile,Hardwood
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Above Ground Finished SqFt 3318
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
Structure Type Dry Wall,9'+ Ceilings
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 141065800
Ownership Fee Simple
SqFt Source 3318
Acceptable Financing Cash,FHA,PHFA,VA,Conventional
Listing Terms Cash,FHA,PHFA,VA,Conventional
Financing Cash,FHA,PHFA,VA,Conventional
Special Listing Condition Standard