#PAPH2462692, Brittany Nettles, Listing office: Keller Williams Real Estate
1338 N Franklin St Philadelphia, PA 19122
Property details
About 1338 N Franklin St
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.
Highlights
(ACTIVE)
Summary
- Basement: Yes
- Parking: Driveway
- Architectural Style: Traditional, Bi-level, Contemporary
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,200,000
- Annual Tax Amount: $2,239
- Tax Year: 2023
- Directions: 1338 N FRANKLIN ST - GPS
- Year Built: 2025
- Municipality: Philadelphia
- Lot Size: 0.04 Acres
- MLS Number: PAPH2495000
- MLS Name: BRIGHT
- Office Name: Keller Williams Main Line
- Office Phone: (610) 520-0100
- Office Email: info@mainlinekw.com
- Listing Agent: Francis Mangubat
- Agent Phone: (302) 423-9007
- Agent Email: francis@unlockedteam.com
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Last updated on: 6/18/2025, 3:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,200,000
1338 N Franklin St
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
May 02, 2023 | Home Sold | $137,500 |
May 01, 2019 | Home Sold | $16,800 |
Oct 11, 2018 | Home Sold | $70,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $160,000 | $2,239 |
2022 | $318,800 | $4,462 |
2021 | $- | $1,506 |
2020 | $66,100 | $- |
2019 | $66,100 | $925 |
2018 | $66,100 | $925 |
2017 | $66,100 | $925 |
History based on county public records data.
Nearby schools
6
John Moffet Elementary School
Public District KG-5
0.7 mi
•127 W Oxford St
7
Horatio B. Hackett School
Public District KG-5
1.3 mi
•2161 E York St
2
Kipp North Philadelphia Charter School
Public Charter KG-6
1.4 mi
•2539 N 16th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $13,331. Residents of Philadelphia, PA typically earn less than $<35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 1338 N Franklin St
The listing price of 1338 N Franklin St property is $1,200,000.
The property 1338 N Franklin St is a multi located in Philadelphia, Pennsylvania, 19122.
Active Listing: 1338 N Franklin St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1338 N Franklin St are: John Moffet Elementary School (GreatSchools Rating 6/10), Horatio B. Hackett School (GreatSchools Rating 7/10), Kipp North Philadelphia Charter School (GreatSchools Rating 2/10), James R. Ludlow Elementary School (GreatSchools Rating 3/10), Young Scholars Charter School (GreatSchools Rating 4/10), Dunbar Academics Plus School (GreatSchools Rating 3/10), Bodine William W High School (GreatSchools Rating 5/10), Youth Build Phila Charter School (GreatSchools Rating 1/10), The U School: Innovative Lab (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $2,239 (source: MLS/based on county public records data).
The last sale was on May 2, 2023 for $137,500 (source: MLS/tax record).
The sq. ft. of 1338 N Franklin St is not available (source: MLS/tax record).
The year of construction for 1338 N Franklin St is 2025.
This home is located at 1338 N Franklin St in Philadelphia, PA and zip code 19122 in the Ludlow neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 16, 2025 and is currently priced at $1,200,000.
The number of homes for sale in Philadelphia, PA increased by 40.9% between April and May 2025. In May 2025 median list price was $298,569 and the average listing age was 89 days.