Recently Renovated
For Sale
$475,000
12 N 50TH Street, Philadelphia, PA 19139
Multi-Family, PHILADELPHIA, PA
Property Size2,539 SF
Lot Size0.06 Acres
Price / SF$187.08
Days on Market48
Property Features for 12 N 50TH Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking features
On Street
Elementary school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Middle school district
THE SCHOOL DISTRICT OF PHILADELPHIA
High school district
THE SCHOOL DISTRICT OF PHILADELPHIA
Standard status
Active
Size
2,539 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
3015
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
washer/dryer
stainless steel appliances
backyard
Building Details
Year built
1917
Number of units
3
Building materials
Masonry
Listing Agency:
USRealty.com LLP
(866) 807-9087
Listed By:
David M Sweeney · License #RM424243
(866) 534-3726
Added: Sep 1
Last Checked: Oct 18 at 9:06AM
MLS# PAPH2665878
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This three-unit masonry property contains 2,539 square feet and was built in 1917. The first-floor residence offers two bedrooms, two baths, and access to a large backyard. The second floor also includes two bedrooms and two baths, while the third-floor unit has one bedroom. Recent renovations added washers and dryers and stainless steel appliances across the property. Central heating and central air conditioning serve the building.
All three units are fully rented. The property is near universities and public transportation in Philadelphia, with on-street parking available. The roof has been maintained, and the downspouts have been replaced. The parcel contains 0.0607 acres.
All three units are fully rented. The property is near universities and public transportation in Philadelphia, with on-street parking available. The roof has been maintained, and the downspouts have been replaced. The parcel contains 0.0607 acres.
Key Highlights
- Three‑unit property with 2,539 square feet
- Unit mix includes two 2‑bedroom, 2‑bath units and one 1‑bedroom unit
- Recently renovated interiors with washers, dryers, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,328
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,560
$866.6K
Cap Rate 7%
$618,971
$619.0K
Cap Rate 9%
$481,422
$481.4K
Market Conditions
NOI Build-Up for 2,539 SF
Gross rent
$65.5K $25.80/SF
− Vacancy
−$3.6K −$1.42/SF
EGI
$61.9K $24.38/SF
− OpEx
−$18.6K −$7.31/SF
NOI
$43.3K $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%
$866,560
Cap Rate 7%
$618,971
Cap Rate 9%
$481,422
Alternative Uses
Best Use
Multifamily LT 5
$619.0K
$541.6K – $722.1K
NOI $43,328 @ 7.0% cap · market cap 9.12%
Second Best
Apartment 5plus
$570.5K
$499.2K – $665.6K
NOI $39,937 @ 7.0% cap · market cap 8.41%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,240
Businesses Nearby
Explore this area
Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
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 masonry property with updated interiors, central systems, and a backyard serving the first-floor residence.
Where is this triplex located?
The property is located at 12 N 50TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Three‑unit property with 2,539 square feet; Unit mix includes two 2‑bedroom, 2‑bath units and one 1‑bedroom unit; Recently renovated interiors with washers, dryers, and stainless steel appliances
