Triplex with Commercial
For Sale
$500,000
1139 S 10TH STREET, Philadelphia, PA 19147
Three-unit residential property offers commercial zoning and a potential first-floor commercial configuration.
Property Size1,968 SF
Days on Market11
Property Features for 1139 S 10TH STREET
General Information
Standard status
Active
Size
1,968 SF
Property subtype
Triplex
Property Condition
Severity
Repairs Needed
Evidence
property needs modernization
Site & Location
Neighborhood
Passyunk Square
Taxes and HOA fees
Annual Taxes
$4,406
Building Details
Building Size
1,968 SF
Year Built
1915
Buildings
1
Listing Agency:
Century 21 Forrester Real Estate
Listed By:
Michael A. Giangiordano Sr. · License #RM044229A
(215) 334-3333
Source:
Patmckennarealtors
Added: Oct 22
Changed: Oct 31
Last Checked: Oct 30 at 8:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Forrester Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This triplex, built in 1915, is offered in as-is condition and needs modernization. Its commercial zoning allows the first floor to be used as commercial space, alongside the three-unit residential configuration.
Key Highlights
- Three‑unit triplex
- Commercial zoning supports commercial use on the first floor
- Built in 1915
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,584
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,680
$671.7K
Cap Rate 7%
$479,771
$479.8K
Cap Rate 9%
$373,156
$373.2K
Market Conditions
NOI Build-Up for 1,968 SF
Gross rent
$50.8K $25.80/SF
− Vacancy
−$2.8K −$1.42/SF
EGI
$48.0K $24.38/SF
− OpEx
−$14.4K −$7.31/SF
NOI
$33.6K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,680
Cap Rate 7%
$479,771
Cap Rate 9%
$373,156
Alternative Uses
Best Use
Multifamily LT 5
$479.8K
$419.8K – $559.7K
NOI $33,584 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$442.2K
$387.0K – $515.9K
NOI $30,956 @ 7.0% cap · market cap 6.19%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
5,273
Businesses Nearby
Explore this area
Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property offers commercial zoning and a potential first-floor commercial configuration.
Where is this triplex located?
The property is located at 1139 S 10TH STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Three‑unit triplex; Commercial zoning supports commercial use on the first floor; Built in 1915
