Mixed-Use Triplex with Roof
For Sale
$800,000
2123 DICKINSON Street, Philadelphia, PA 19146
Multi-Family, PHILADELPHIA, PA
Property Size3,009 SF
Lot Size0.03 Acres
Price / SF$265.87
Days on Market160
Property Features for 2123 DICKINSON 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
3,009 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
1799
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
roof decks
in-unit washer/dryer
stainless steel appliances
separated utilities
combo deadbolt entry systems
energy-efficient systems
Building Details
Year built
2021
Number of units
3
Building materials
Brick
Architectural style
Contemporary
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(215) 923-7600
Listed By:
Harkeet S Chadha · License #AB069009
(484) 554-9188
Added: May 12
Changed: Oct 8
Last Checked: Oct 18 at 8:06PM
MLS# PAPH2620526
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 2021, this 3,009-square-foot brick mixed-use property contains three bi-level units: two residential apartments and one commercial space. Each apartment has three bedrooms, two full bathrooms, a roof deck, and a full-size in-unit washer and dryer. The approximately 1,100-square-foot commercial unit includes a private restroom and oversized parking for one car. Contemporary construction, central air, forced-air heating, and separated utilities serve the property.
The property is in Philadelphia, near Center City, restaurants, coffee shops, retail, and major transportation routes. The lot measures 0.0262 acres.
The property is in Philadelphia, near Center City, restaurants, coffee shops, retail, and major transportation routes. The lot measures 0.0262 acres.
Key Highlights
- Three bi‑level units: two residential apartments and one commercial space
- 3,009‑square‑foot brick building constructed in 2021
- Each apartment has 3 bedrooms, 2 full bathrooms, a roof deck, and an in‑unit washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,330
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$946,600
$946.6K
Cap Rate 7%
$676,143
$676.1K
Cap Rate 9%
$525,889
$525.9K
Market Conditions
NOI Build-Up for 3,009 SF
Gross rent
$91.4K $30.36/SF
− Vacancy
−$5.3K −$1.76/SF
EGI
$86.1K $28.60/SF
− OpEx
−$38.7K −$12.87/SF
NOI
$47.3K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$946,600
Cap Rate 7%
$676,143
Cap Rate 9%
$525,889
Alternative Uses
Best Use
Apartment 5plus
$676.1K
$591.6K – $788.8K
NOI $47,330 @ 7.0% cap · market cap 5.92%
Second Best
Mixed Use
$510.7K
$446.8K – $595.8K
NOI $35,747 @ 7.0% cap · market cap 4.47%
Theoretical Best
Multifamily LT 5
$733.5K
$641.9K – $855.8K
NOI $51,348 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,901
Businesses Nearby
Explore this area
Business Placement
Demographics for 19146, PA
41,920
Population
22,182
Households
1.9
Avg Household Size
34
Median Age
65%
College-Educated
94%
High-School Grad
1.7 sq mi
ZIP Area
24,659
Density / Sq Mi
$99,702
Median Household Income
$68,849
Median Earnings
$1,708
Median Rent
$452,200
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?
Mixed-use property - Three bi-level units combine two residential apartments with a commercial space and separate utilities.
Where is this mixed-use property located?
The property is located at 2123 DICKINSON Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Three bi‑level units: two residential apartments and one commercial space; 3,009‑square‑foot brick building constructed in 2021; Each apartment has 3 bedrooms, 2 full bathrooms, a roof deck, and an in‑unit washer and dryer
