Residential Income
917 N 43RD STREET Philadelphia, PA 19104
For Sale
$699,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size2,499 SF
Price / SF$279.71
Days on Market73
Property Features for 917 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# PAPH2617092
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 multi-family residential income property is being offered for sale. The listing includes a total size of 2,499 square feet.
The property is located in Philadelphia, Pennsylvania 19104, within Philadelphia County.
For additional details on the unit mix, interior layout, and any income history, contact the listing broker.
The property is located in Philadelphia, Pennsylvania 19104, within Philadelphia County.
For additional details on the unit mix, interior layout, and any income history, contact the listing broker.
Key Highlights
- Under construction property
- Year built: 2025
Financial Insights For Apartment 5plus
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 | $75.9k | $30.36 |
| − Vacancy | −$4.4k | −$1.76 |
| EGI | $71.5k | $28.60 |
| − OpEx | −$32.2k | −$12.87 |
| NOI | $39.3k | $15.73 |
2,499 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$561.5K
$491.4K – $655.1K
NOI $39,308 @ 7.0% cap · market cap 5.62%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$609.2K
$533.1K – $710.8K
NOI $42,645 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - Multi-family residential income property offered for sale in Philadelphia, PA 19104.
Where is this residential income property located?
The property is located at 917 N 43RD STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Under construction property; Year built: 2025
