New Construction
913 N 43RD STREET Philadelphia, PA 19104
For Sale
$699,900
MULTI_FAMILY - PHILADELPHIA, PA
Property Size2,499 SF
Price / SF$280.07
Days on Market73
Property Features for 913 N 43RD STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Standard status
- Active
- Size
- 2,499 SF
Building Details
- Year built
- 2025
Listing Agency:
BHHS Fox & Roach Cherry Hill Home Marketing Center
(856) 428-8000
Listed By:
Valerie Yosef
(856) 906-4252
Added: May 12
Changed: Jul 23
Last Checked: Jul 23 at 3:06PM
MLS# PAPH2616888
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 turnkey new construction triplex offers three separately metered units for electric, designed for straightforward operation. The property includes a bi-level 3-bedroom, 3-bath unit and two 1-bedroom, 1-bath apartments. One of the 1-bedroom units features a private deck. Interiors include stainless steel appliances, shaker-style cabinetry, granite countertops, dishwashers, microwaves, in-unit laundry, and oversized windows for natural light.
The listing also notes a full 10-year tax abatement. The property is described as having convenient access to University City, Drexel, UPenn, Route 76, Center City, and public transportation.
Overall, the mix of one larger bi-level residence with two smaller apartments, along with the separate electric metering, supports a practical residential income configuration.
The listing also notes a full 10-year tax abatement. The property is described as having convenient access to University City, Drexel, UPenn, Route 76, Center City, and public transportation.
Overall, the mix of one larger bi-level residence with two smaller apartments, along with the separate electric metering, supports a practical residential income configuration.
Key Highlights
- Under construction 3‑unit triplex, Year built: 2025
- 2,550 SF property with one bi‑level 3BD/3BA unit and two 1BD/1BA apartments
- High‑end interior features: luxury flooring, in‑unit laundry, stainless steel appliances, shaker‑style cabinetry, granite countertops
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 | $64.5k | $25.80 |
| − Vacancy | −$3.6k | −$1.42 |
| EGI | $60.9k | $24.38 |
| − OpEx | −$18.3k | −$7.31 |
| NOI | $42.6k | $17.06 |
2,499 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$609.2K
$533.1K – $710.8K
NOI $42,645 @ 7.0% cap · market cap 6.09%
Second Best
Apartment 5plus
$561.5K
$491.4K – $655.1K
NOI $39,308 @ 7.0% cap · market cap 5.62%
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
FAQs
What type of property is this?
Triplex - Turnkey new construction triplex with in-unit laundry and separate electric metering across three units.
Where is this triplex located?
The property is located at 913 N 43RD STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Under construction 3‑unit triplex, Year built: 2025; 2,550 SF property with one bi‑level 3BD/3BA unit and two 1BD/1BA apartments; High‑end interior features: luxury flooring, in‑unit laundry, stainless steel appliances, shaker‑style cabinetry, granite countertops
