3-Unit
For Sale
$425,000
1428 S 10TH Street, Philadelphia, PA 19147
Multi-Family, PHILADELPHIA, PA
Property Size2,040 SF
Lot Size0.02 Acres
Price / SF$208.33
Days on Market51
Property Features for 1428 S 10TH Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking features
On Street
Subdivision
PASSYUNK SQUARE
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
2,040 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
6903
Utilities
Heating system
Other (Heating)
Building Details
Year built
1915
Number of units
3
Building materials
Masonry
Architectural style
Other
Listing Agency:
Elfant Wissahickon-Rittenhouse Square
(215) 893-9920
Listed By:
Katherine Vail · License #RS278677
(215) 668-4989
Added: Sep 10
Changed: Sep 24
Last Checked: Oct 30 at 4:06PM
MLS# PAPH2666284
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.
Built in 1915, this masonry triplex contains 2,040 square feet across three full-floor apartments. Each residence has one bedroom and one bathroom, with a living room, kitchen, and bedroom-and-bath area. The units share the same general floor plan and need updating. The first-floor apartment has access to a backyard, while the basement provides storage and laundry space. On-street parking is available. The property occupies a 0.0217-acre lot and has a reported GRM of approximately 10.3.
The building is on S 10th Street, across from Acme and CVS. East Passyunk Avenue’s dining and retail corridor, the Singing Fountain at 11th and Tasker, and the 9th Street Italian Market are nearby. Columbus Square Park, the Broad Street Line, and local bus routes are also identified in the surrounding area.
The building is on S 10th Street, across from Acme and CVS. East Passyunk Avenue’s dining and retail corridor, the Singing Fountain at 11th and Tasker, and the 9th Street Italian Market are nearby. Columbus Square Park, the Broad Street Line, and local bus routes are also identified in the surrounding area.
Key Highlights
- Three full‑floor apartments, each with one bedroom and one bathroom
- 2,040 square feet on a 0.0217‑acre lot
- First‑floor apartment has a backyard; basement includes storage and laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,812
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,240
$696.2K
Cap Rate 7%
$497,314
$497.3K
Cap Rate 9%
$386,800
$386.8K
Market Conditions
NOI Build-Up for 2,040 SF
Gross rent
$52.6K $25.80/SF
− Vacancy
−$2.9K −$1.42/SF
EGI
$49.7K $24.38/SF
− OpEx
−$14.9K −$7.31/SF
NOI
$34.8K $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%
$696,240
Cap Rate 7%
$497,314
Cap Rate 9%
$386,800
Alternative Uses
Best Use
Multifamily LT 5
$497.3K
$435.2K – $580.2K
NOI $34,812 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$458.4K
$401.1K – $534.8K
NOI $32,088 @ 7.0% cap · market cap 7.55%
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?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,174
Businesses Nearby
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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 occupied apartments each span a full floor, and the ground-level residence includes a backyard.
Where is this triplex located?
The property is located at 1428 S 10TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Three full‑floor apartments, each with one bedroom and one bathroom; 2,040 square feet on a 0.0217‑acre lot; First‑floor apartment has a backyard; basement includes storage and laundry
