Triplex Residential Income
5409 CHRISTIAN STREET Philadelphia, PA 19143
For Sale
$450,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size2,280 SF
Price / SF$197.37
Days on Market206
Property Features for 5409 CHRISTIAN STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Standard status
- Active
- Size
- 2,280 SF
Building Details
- Year built
- 1925
Listing Agency:
BHHS Fox & Roach Blue Bell
(215) 542-2200
Listed By:
Mark Malfara · License #RS280250
(215) 327-8416
Added: Dec 30, 2025
Changed: Jul 23
Last Checked: Jul 24 at 1:06PM
MLS# PAPH2566282
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. 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 triplex residential income property consists of three units, with each unit featuring contemporary finishes and a functional design. The asset is described as clean and turnkey, positioned to support straightforward, ready-to-rent operations.
The property is located on Christian Street in West Philadelphia, within the broader Philadelphia, PA 19143 area. Public remarks describe the location as well-positioned and supportive of a stable rental environment.
As presented, the key offering is a three-unit multifamily configuration with modern interior finishes and practical layouts across all units.
The property is located on Christian Street in West Philadelphia, within the broader Philadelphia, PA 19143 area. Public remarks describe the location as well-positioned and supportive of a stable rental environment.
As presented, the key offering is a three-unit multifamily configuration with modern interior finishes and practical layouts across all units.
Key Highlights
- Triplex built in 1925
- Located on Christian Street in West Philadelphia
- Each unit features contemporary finishes
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 | $38.0k | $16.68 |
| − Vacancy | −$2.7k | −$1.20 |
| EGI | $35.3k | $15.48 |
| − OpEx | −$10.6k | −$4.64 |
| NOI | $24.7k | $10.83 |
2,280 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$352.8K
$308.7K – $411.7K
NOI $24,699 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$313.8K
$274.6K – $366.2K
NOI $21,969 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$781.5K
$683.8K – $911.7K
NOI $54,702 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Triplex with three units, each offering contemporary finishes and a functional layout.
Where is this triplex located?
The property is located at 5409 CHRISTIAN STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Triplex built in 1925; Located on Christian Street in West Philadelphia; Each unit features contemporary finishes
