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.
For sale
$690,000
648 N 38th St, Philadelphia, PA 19104
6beds
3baths
2,191sqft
Triplex
Built in 2022
-- sqft lot
$-- Zestimate®
$315/sqft
$-- HOA
What's special
Well-appointed finishes throughoutQuality finishesStylish bathroomsComfortable living spaceModern kitchensTwo generously sized bedrooms
- 6 days
- 52
- 1
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Denise Frazier 215-421-3362,
Keller Williams Main Line 6105200100
Source: Bright MLS,MLS#: PAPH2676604
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Dry Wall
- Flooring: Hardwood, Ceramic Tile
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,191
- Total interior livable area: 2,191 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,306 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 242189200
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Triplex
Materials
- Concrete
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- Excellent
- New construction: No
- Year built: 2022
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Mantua
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $315/sqft
- Tax assessed value: $153,100
- Annual tax amount: $2,143
- Date on market: 10/6/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership: Fee Simple
- Total actual rent: 54900
- Income includes: Apartment Rentals
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2026 | Listed for sale | $690,000+3712.2%$315/sqft |
Source: | ||
| 3/2/2017 | Sold | $18,100$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,457 +193.2% | $104,100 +193.2% |
| 2024 | $497 | $35,500 |
| 2023 | $497 +17.9% | $35,500 |
| 2022 | $421 | -- |
| 2021 | $421 | -- |
| 2018 | $421 | -- |
| 2017 | $421 | -- |
| 2016 | $421 | -- |
| 2015 | $421 | -- |
| 2014 | $421 +138.2% | $13,200 +252.6% |
| 2012 | $177 | $3,744 |
| 2011 | -- | $3,744 |
| 2010 | -- | $3,744 |
| 2009 | -- | $3,744 |
| 2008 | -- | $3,744 +431.8% |
| 2007 | -- | $704 +10% |
| 2006 | -- | $640 |
| 2005 | -- | $640 |
| 2004 | -- | $640 |
| 2003 | -- | $640 |
| 2002 | -- | $640 |
| 2000 | -- | $640 -9.1% |
| 1999 | -- | $704 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Mantua
Nearby schools
Schools provided by the listing agent
- District: The School District Of Philadelphia
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






