Detached Triplex
116 East Chestnut Hill Avenue Philadelphia, PA 19118
116 East Chestnut Hill Avenue, Philadelphia, PA, 19118
$880,000
For Sale
$880,000
Detached triplex with private, self-contained living quarters on every level.
Property Size4,326 SF
Price / SF$203.42
Days on Market301
Property Features for 116 East Chestnut Hill Avenue
General Information
- Standard status
- Active
- Size
- 4,326 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1883
Listing agency
Compass
(215) 370-6798
Listed by
Rob Lamb · License #RS271533
(215) 370-6798
Source
Compass
Added: Sep 26, 2025 Updated: Jul 22 at 1:54AM Checked: Jul 22 at 9:41AM
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 Compass
Investment Insights
Based on property information with market context.
Detached triplex featuring private, self-contained living quarters on every level. The property is described as a restored Northwest classic and includes professionally planned and landscaped garden areas.
Located at 116 East Chestnut Hill Avenue in Philadelphia’s 19118 area, the property is presented as being close to trains, shops, and cafes.
The offering is for sale and is characterized in the remarks as suitable for either owner occupancy or an investor seeking cash flow.
Located at 116 East Chestnut Hill Avenue in Philadelphia’s 19118 area, the property is presented as being close to trains, shops, and cafes.
The offering is for sale and is characterized in the remarks as suitable for either owner occupancy or an investor seeking cash flow.
Key Highlights
- Detached triplex with private, self‑contained living quarters on every level
- Built in 1883
- Includes 1 fireplace and an eat‑in kitchen
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 | $111.6k | $25.80 |
| − Vacancy | −$6.1k | −$1.42 |
| EGI | $105.5k | $24.38 |
| − OpEx | −$31.6k | −$7.31 |
| NOI | $73.8k | $17.06 |
4,326 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.05M
$922.8K – $1.23M
NOI $73,823 @ 7.0% cap · market cap 8.39%
Second Best
Apartment 5plus
$972.1K
$850.6K – $1.13M
NOI $68,046 @ 7.0% cap · market cap 7.73%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Detached triplex with private, self-contained living quarters on every level.
Where is this triplex located?
The property is located at 116 East Chestnut Hill Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: Detached triplex with private, self‑contained living quarters on every level; Built in 1883; Includes 1 fireplace and an eat‑in kitchen
