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1338 N Franklin StreetPhiladelphia, PA 19122

For Sale

$1,200,000

Smart Buyer Rebate $12,000

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.

Listed by Francis Mangubat

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License #RS33379

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Keller Williams Main Line

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3024239007

Last updated September 03, 2025

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Source: BrightMLS #PAPH2495000

Listing Facts

  • TypeMulti-family
  • NeighborhoodLudlow
  • Days on Prevu84
  • Taxes$4,332/year

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/16/2025
Listed by Keller Williams Main Line
$1,200,000

Property Details for 1338 N Franklin Street

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 4
  • Property Condition: Excellent
  • Year Built: 2025
  • Architectural Style: Traditional, Bi-level, Contemporary
  • Construction Materials: Other

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.04
  • Lot Size Dimensions: 17
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,754
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $4,332.00
  • Tax Year: 2024

Interior

Features

  • Fireplace: No

Measurements

  • Living Area Source: Assessor

Rooms

  • Basement: Fully Finished
  • Has Basement: Yes

Other

Location

  • Subdivision Name: OLDE KENSINGTON
  • Tax Lot: 84

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.