$1,200,000

1338 N Franklin St Philadelphia, PA 19122

$10,000
Closing credit¹
0.04 acres
Multi-Family

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

Home typeTriplex
HeatingForced Air
StatusActive
(ACTIVE)
CoolingCentral Air
BasementYes
Lot size0.04 Acres
Year builtNew Const., 2025
ParkingDriveway
MLS #PAPH2495000

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

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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1338 N Franklin St, Philadelphia, PA 19122 - view of front of house with brick siding

$1,200,000

1338 N Franklin St

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 02, 2023
Home Sold
$137,500
May 01, 2019
Home Sold
$16,800
Oct 11, 2018
Home Sold
$70,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

78%
<35k
17%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

76%
Single, No Kids
15%
Single, with Kids
7%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
34%
35-64 yrs old
26%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • JazzJazz
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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