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$690,000 Just Listed

  • For Sale
  • Active
  • Triplex
  • 2,191 Sq. Ft.
  • Updated 2 days ago
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Welcome to 648 N 38th Street, a newly constructed triplex offering modern design, quality finishes, and an excellent investment opportunity in Philadelphia. This thoughtfully designed three-unit property features three spacious 2-bedroom residences, each offering contemporary living spaces with open layouts, modern kitchens, stylish bathrooms, and well-appointed finishes throughout. Built with today's tenant and owner-occupant in mind, the property provides the benefits of new construction with low-maintenance systems and efficient living. Each unit offers two generously sized bedrooms and comfortable living space, creating strong rental appeal and flexibility for a variety of occupants. Adding even more value, the property benefits from a tax abatement through 2035, providing years of reduced real estate tax exposure and making this an especially attractive opportunity for investors. Whether you're looking to add a turnkey multifamily property to your portfolio or live in one unit while generating income from the other two, 648 N 38th Street offers an appealing combination of new construction, income potential, and long-term value. Schedule your private showing and experience everything this brand-new triplex has to offer.

Full Property Details for 648 N 38th St

General

  • Price: $690,000
  • Taxes: $2,143 (2026)
  • Status: Active
  • Type: Triplex
  • Source: BrightMLSPhilly
  • MLS ID: PAPH2676604
  • Updated: 10/6/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Lease Info: Yearly, Month to Month
  • Rent Control: Yes

Interior

  • Flooring: Hardwood, Ceramic Tile

Parking

  • Parking Type: None

Location

  • Area: 19104 (19104)
  • Municipality: PHILADELPHIA
  • County: PHILADELPHIA
  • Subdivision: MANTUA
  • Cross Streets: Fairmount Ave
  • Driving Directions: From Center City: Take Market St west → turn left onto N 38th St → continue to 648 N 38th St. The property is near the 38th St & Filbert St area.

School Information

  • School District: The School District Of Philadelphia

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Contemporary
  • Structure Type: Other
  • Construction: Concrete
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Concrete Perimeter
  • Roof: Flat
  • Walls/Ceilings: Dry Wall
  • Stories/Levels: 3
  • Square Feet: 2,191
  • Sq. Ft. Source: Estimated
  • Living Area: 2,191 Sq. Ft.
  • Finished Above Grnd: 2,191 Sq. Ft.
  • Year Built: 2022
  • Year Built Source: Assessor
  • Property Condition: Excellent

Unit Information

  • Other Units: Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.03
  • Lot Size (Sq. Ft.): 1,306
  • Lot Size Source: Estimated
  • Zoning: RM1

Financial Considerations

  • Price Per Sq. Ft.: $314.92
  • School Tax: $1,200
  • City/TownTax: $942
  • City/TownTax Freq: Annually
  • Tax w/Assessment: $153,100
  • Tax Amount: $2,143
  • Tax Year: 2026
  • Owner Pays: Advertising/Licenses and Permits, Insurance, Sewer, Snow Removal, Taxes - Real Estate, Water

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 154

Listed by Keller Williams Main Line, Denise A Frazier

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Listing agent

— 648 N 38th St —

  • Denise A Frazier

    Keller Williams Main Line

Listing Office Email: info@mainlinekw.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 648 N 38th St

School District:Philadelphia City School District
NameGradesDistance
Mcmichael Morton School
3543 Fairmount Avenue, Philadelphia, PA 19104
K-80.2 mi
West Philadelphia High School
4901 Chestnut Street, Philadelphia, PA 19139
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 648 N 38th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/06/2026
Listed
$690,000
2169.66%
MLS
1/22/2019
Sold
$30,401
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 648 N 38th St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,457
—
$765,500
9%
2025
$1,457
—
$700,000
572%
2025
$1,457
—
$104,100
—
2024
$1,457
193%
$104,100
193%
2023
$497
18%
$35,500
100%
2021
$421
—
-100%
2020
$421
—
$30,100
—
2019
$421
—
$30,100
—
2018
$421
—
$30,100
—
2017
$421
128%
$30,100
128%
2016
$185
5%
$13,200
—
2015
$177
—
$13,200
—
2014
$177
-52%
$13,200
253%
2013
$366
—
$3,744
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 648 N 38th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Main Line, Denise A Frazier

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648 N 38th Street, Philadelphia, PA 19104 (MLS# PAPH2676604) is a Triplex property with 0 bedrooms and 0 full bathrooms. 648 N 38th Street is currently listed for $690,000 and was received on October 06, 2026. Want to learn more about 648 N 38th Street? 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.

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