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Meticulously Maintained Income-Generating Triplex

1152 South 11th Street Philadelphia, PA 19147

1152 South 11th Street, Philadelphia, PA, 19147
$597,000
For Sale
Claim this Listing
$597,000

Triplex generating $4,060/month in rental income with long-term tenants.

Property Size2,520 SF
Price / SF$236.90
AddedMay 15
Days on Market62
Last RefreshJul 3 at 5:32 am

Property Features for 1152 South 11th Street

General Information

Standard status
Active
Size
2,520 SF
Property subtype
Residential / Fee Simple

Building Details

Year Built
1915

Listing office Elfant Wissahickon-Rittenhouse Square

Listing date May 15, 2026

Source Compass

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 Elfant Wissahickon-Rittenhouse Square


Investment Insights

Based on property information with market context.

This meticulously maintained triplex presents an opportunity for investors or owner-occupants seeking rental income. The property generates $4,060 per month in rental income from long-term tenants. The first-floor tenant, in place since 2014, pays $1,300 per month with a lease ending May 31, 2027. The second-floor tenant pays $1,345 per month, with a lease through April 30, 2027. The top-floor unit is rented for $1,415 per month on a month-to-month basis. The property has had no vacancy since 2012. Gas and electric are separately metered, and utilities are split. Most mechanicals are newer or recently updated. The building has been consistently renovated, carefully maintained, and thoughtfully improved by the current owner, with maintenance records available for review. The property is located within the 19147 MLS area and the Philadelphia City School District.

Key Highlights

  • Strong rental income of $4,060/month with long‑term tenants.
  • Opportunity for owner‑occupancy with one unit currently month‑to‑month.
  • No vacancy since 2012, indicating consistent demand.

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 $65.0k $25.80
− Vacancy −$3.6k −$1.42
EGI $61.4k $24.38
− OpEx −$18.4k −$7.31
NOI $43.0k $17.06
2,520 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$614.3K
$537.6K – $716.7K (±1% cap)
NOI $43,004 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$566.3K
$495.5K – $660.6K (±1% cap)
NOI $39,638 @ 7.0% cap · market cap 6.64%
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

Suggested Use

Electrical Service Nursing Home Nursing Home Tanning Salon Buffet Car Rental Facility Adult Day Care Butcher (Bike/Boat/Book/etc) Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex generating $4,060/month in rental income with long-term tenants.
Where is this triplex located?
The property is located at 1152 South 11th Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $597,000.
What are key features of this property?
This property features: Strong rental income of $4,060/month with long‑term tenants.; Opportunity for owner‑occupancy with one unit currently month‑to‑month.; No vacancy since 2012, indicating consistent demand.
Contact an agent
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