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.
New construction
$1,200,000
1338 N Franklin St, Philadelphia, PA 19122
7beds
7baths
--sqft
Est.:
Townhouse
Built in 2025
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Contemporary tileworkSleek quartz countertopsFully finished lower levelNatural lightPremium wood grain cabinetryOpen-concept layoutLarge windows
- 50 days
- on Zillow |
- 163 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: June 27, 2025 at 02:23am
Listed by:
Francis Mangubat 302-423-9007,
Keller Williams Main Line 6105200100
Source: Bright MLS,MLS#: PAPH2495000

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Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Bi-Level
- Pool features: None
Lot
- Size: 1,754 Square Feet
- Dimensions: 17.00 x 101.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 141072800
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional,Contemporary
- Property subtype: Townhouse
Materials
- Other
- Foundation: Other
Condition
- Excellent
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Olde Kensington
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $309,500
- Annual tax amount: $4,332
- Date on market: 6/16/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
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