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$460,000
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Property Description
Welcome to 113 W Queen Lane, a handsome and well-maintained triplex in the heart of Germantown's historic Penn Knox neighborhood. Fully renovated in 2020, this twin spans three stories and offers one thoughtfully updated residential unit per floor, each with its own character and charm. Whether you're an investor seeking a reliable turnkey asset (active rental license) or an owner-occupant looking to offset your mortgage with rental income (conventional loans available with as little as 5% down!), this property is a standout opportunity. The first floor unit is a spacious two-bedroom apartment with a private entrance, soaring ceilings, and oversized windows that flood the space with natural light. The original fireplace mantle adds a touch of historic elegance to the main living area, while the large kitchen has been fully updated with granite countertops, white shaker cabinets, and stainless steel appliances. Both bedrooms are generously sized, and the bathroom has been tastefully renovated. A tucked-away laundry nook adds convenience, and the layout offers ample space for storage and everyday living. Upstairs, the second floor unit features two bedrooms and a welcoming, light-filled living space accented by large windows and historic charm. The open-concept kitchen is equipped with granite counters and modern appliances. The third floor unit occupies the top floor and boasts vaulted ceilings and skylights in one of the bedrooms and a layout that maximizes both space and light. The updated kitchen/bathroom blend style with functionality and the bedrooms are spacious and bright, making this unit especially appealing to renters seeking a unique space. Each unit has its own in-unit washer and dryer, updated kitchen and bath, and central air or mini-splits. Fire alarm was installed during renovation in 2020. Located just steps from the Queen Lane Regional Rail station, the property offers easy access to Center City and is conveniently close to local shops, parks, and the Wissahickon trails. This property offers long-term flexibility and excellent income potential in one of Northwest Philadelphia's most vibrant and rapidly appreciating neighborhoods.
Full Property Details
Full Property Details for 113 W Queen Ln
General
- Sold For: $460,000
- Taxes: $4,293 (2024)
- Status: Closed
- Type: Triplex
- Source: BrightMLSPhilly
- MLS ID: PAPH2482142
- Added to Site: 293 day(s) ago
Interior
- Interior Features: Bathroom - Tub Shower, Wood Floors, Window Treatments, Upgraded Countertops, Skylight(s), Recessed Lighting, Kitchen - Table Space, Kitchen - Island, Kitchen - Eat-In, Entry Level Bedroom
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer - Front Loading, Exhaust Fan, Oven/Range - Gas, Stainless Steel Appliances, Refrigerator, Washer - Front Loading, Water Heater
- Flooring: Hardwood
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Fire Detection System, Main Entrance Lock, Smoke Detector
Parking
- Parking Type: None
Location
- Area: 19144 (19144)
- Municipality: PHILADELPHIA
- County: Philadelphia
- Development Name: Penn-Knox
- Subdivision: Penn-Knox
- Cross Streets: Knox Street
- Driving Directions: Knox to Queen
School Information
- School District: The School District Of Philadelphia
Heating & Cooling
- Central air: Yes
- Cooling Type: Ductless/Mini-Split, Central A/C
- Cooling Fuel: Electric
- Heating Type: Zoned, Forced Air, Heat Pump(s)
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Sewer Available, Phone Available, Natural Gas Available, Electric Available, Cable TV Available
Structural Information
- Architectural Info: Victorian
- Architectural Style: Victorian
- Structure Type: Twin/Semi-Detached
- Construction: Masonry
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation: Stone
- Walls/Ceilings: Dry Wall, Plaster Walls
- Stories/Levels: 3
- Square Feet: 3,149
- Sq. Ft. Source: Estimated
- Living Area: 2,362 Sq. Ft.
- Finished Above Grnd: 2,362 Sq. Ft.
- Year Built: 1870
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
- 2 Bedroom Units: 3
Unit 1
- Unit Description: Unit 1
- Bedrooms: 2
Unit 2
- Unit Description: Unit 2
- Bedrooms: 2
Unit 3
- Unit Description: Unit 3
- Bedrooms: 2
Lot Features
- Property View: Garden/Lawn
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,420
- Lot Size Source: Estimated
- Lot Dimensions: 30.00 x 114.00
- Frontage Feet: 30
- Zoning: RSA3
Financial Considerations
- Price Per Sq. Ft.: $222.27
- Operating Expenses: $10,547
- Assessment Year: 2025
- School Tax: $2,404
- City/TownTax: $1,888
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $306,700
- Tax Amount: $4,293
- Tax Year: 2024
- Terms: Standard Sale
- Owner Pays: Common Area Maintenance, Insurance, Lawn/Shrub Care, Repairs, Snow Removal, Taxes - Real Estate
- Landlord Pays: Common Area Maintenance, Insurance, Lawn/Shrub Care, Repairs, Snow Removal, Taxes - Real Estate
- Tax Total Finished Sq. Ft.: 2362
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: tenant's personal property
- Lot Number: 41
Listed by Elfant Wissahickon-Chestnut Hill, Alex Aberle
Sold by RE/MAX One Realty, Michael Johnston
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Schools
Schools serving 113 W Queen Ln
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Kelly John B School 5116 Pulaski Avenue, Philadelphia, PA 19144 | K-5 | 0.4 mi |
King Martin Luther High School 6100 Stenton Avenue, Philadelphia, PA 19138 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 113 W Queen Ln
Date
Details
Price
Change
Source
10/15/2025
Sold
$460,000
-12.38%
MLS
5/14/2025
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
113 W Queen Lane, Philadelphia, PA 19144 (MLS# PAPH2482142) is a Triplex property that was sold at $460,000 on October 15, 2025. Want to learn more about 113 W Queen Lane? Do you have questions about finding other Triplex real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

