Three-Family Residential Income
1410 S 9TH Street Philadelphia, PA 19147
1410 S 9TH Street, Philadelphia, PA, 19147
$475,000
For Sale
$475,000
MULTI_FAMILY - Contemporary - PHILADELPHIA, PA
Property Size2,090 SF
Lot Size0.03 Acres
Price / SF$227.27
Days on Market129
Property Features for 1410 S 9TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,090 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6362
Utilities
- Heating system
- Central, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Number of units
- 4
- Building materials
- Masonry
- Architectural style
- Contemporary
Listing agency
Keller Williams Realty
(856) 321-1212
Listed by
Andrew F Cheng · License #RS3263312
(267) 506-7100
Added: Mar 17 Updated: Jul 13 at 10:49AM Checked: Jul 23 at 7:06AM
MLS# PAPH2595294
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-story residential income building is offered as a triplex project with 3-family zoning approval. The framing is complete and the property is ready for interior buildout and finishes.
The lot measures 16 x 70. The property is located in Philadelphia and is described as being near retail, dining, transit, and parks.
At the time of listing, the building is positioned for completion as a multi-unit residence following the approved 3-family zoning.
The lot measures 16 x 70. The property is located in Philadelphia and is described as being near retail, dining, transit, and parks.
At the time of listing, the building is positioned for completion as a multi-unit residence following the approved 3-family zoning.
Key Highlights
- Prime Passyunk Square location near shops, restaurants, transit, and parks.
- Approved 3‑family zoning in a strong rental market.
- Excellent investment opportunity for owner‑occupant or developer.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.9k | $25.80 |
| − Vacancy | −$3.0k | −$1.42 |
| EGI | $51.0k | $24.38 |
| − OpEx | −$15.3k | −$7.31 |
| NOI | $35.7k | $17.06 |
2,090 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$509.5K
$445.8K – $594.4K
NOI $35,666 @ 7.0% cap · market cap 7.51%
Second Best
Apartment 5plus
$469.6K
$410.9K – $547.9K
NOI $32,875 @ 7.0% cap · market cap 6.92%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-story triplex project is framed and ready for interiors on a small lot.
Where is this triplex located?
The property is located at 1410 S 9TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Prime Passyunk Square location near shops, restaurants, transit, and parks.; Approved 3‑family zoning in a strong rental market.; Excellent investment opportunity for owner‑occupant or developer.
