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1633 Germantown Ave, Philadelphia, PA, 19122

6beds
--baths
2,339sqft
$840,000
$359price/sqft
$6,745/moest. monthly cost
$269,800/yrincome needed

About This Home

Exceptional Turnkey Triplex in Olde Kensington – A High-Yield Investment in One of Philadelphia’s Fastest-Growing Neighborhoods Positioned along the thriving Germantown Avenue corridor, 1633 Germantown Avenue presents a rare opportunity to acquire a fully renovated triplex in the heart of Olde Kensington—one of Philadelphia’s most dynamic and rapidly appreciating neighborhoods. Whether you’re looking to expand your investment portfolio, or secure a long-term asset in a high-growth location, this property delivers immediate income potential and lasting value. The building features three beautifully updated 2-bedroom, 1-bath residences, each occupying an entire floor and offering privacy, spacious layouts, and modern finishes that attract quality tenants. Thoughtfully renovated throughout, every unit showcases open-concept living and dining spaces, hardwood flooring, recessed lighting, oversized windows, and contemporary kitchens equipped with stainless steel appliances. Large bedrooms, generous closet space, and abundant natural light create an appealing living experience. The top-floor residence is further enhanced by soaring vaulted ceilings, adding architectural character rarely found in multifamily properties. Designed for efficient ownership and maximum profitability, each apartment is equipped with its own dedicated HVAC system featuring central air and gas heat, while all utilities (except water) are separately metered—significantly reducing operating expenses and simplifying property management. Investors will appreciate the property’s location within one of Philadelphia’s most active redevelopment corridors, surrounded by new construction, luxury townhomes, boutique apartment projects, and continued commercial investment. Demand for well-appointed rental housing remains exceptionally strong, supported by proximity to major employment centers, universities, and some of the city’s most desirable neighborhoods. Just minutes from Fishtown, Northern Liberties, Temple University, and Center City, residents enjoy convenient access to the Market-Frankford Line, SEPTA bus routes, Indego Bike Share, neighborhood parks, acclaimed restaurants, breweries, coffee shops, and everyday conveniences. This unmatched connectivity continues to drive tenant demand and long-term appreciation throughout the area. Whether you’re seeking immediate cash flow, future appreciation, or a strategic owner-occupant investment, 1633 Germantown Avenue represents a compelling opportunity to own a fully renovated, income-producing asset in one of Philadelphia’s most sought-after growth markets. Schedule your private tour today and discover the potential this exceptional property has to offer.

Getting Around

88
WalkingVery Walkable
80
TransitExcellent Transit
78
BikeVery Bikeable

Schools

6/10
Moffet John SchoolGrades K-50.3 mi
4/10
Penn Treaty Middle SchoolGrades 6-120.8 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 1915

Materials

  • Construction materials: Masonry

Type & Style

  • Home type: MultiFamily
  • Architectural style: Contemporary,Straight Thru,Other
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

  • Bedrooms: 6

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,339
  • Total interior livable area: 2,339 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 99999
  • Zoning: RM1
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 1,009 sqft
  • Lot size dimensions: 17.5 x 58.

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,247$50,964
Home Insurance *$1,647$19,764
Property Taxes $595$7,140
Electricity $256$3,079
Total$6,745$80,940
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$231,257/yr
40% on housing$202,350/yr
45% on housing$179,866/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.5%
5.5%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$359This listing

vs Other Active Listings

Avg $/sqft

ZIP 19122$185
Philadelphia County$162

vs Homes Sold Last Month

Median $/sqft

ZIP 19122$78
Philadelphia County$236

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-08Listed for sale$840,000
2025-10-09Listing removed$865,000
2025-06-16Listed for sale$865,000

For Sale by Agent

AgentKevin Wilkins
BrokerageBHHS Fox & Roach-Center City Walnut

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