Corner Triplex with
For Sale
$468,000
2127 S 8TH Street, Philadelphia, PA 19148
Multi-Family, PHILADELPHIA, PA
Property Size2,309 SF
Lot Size0.02 Acres
Price / SF$202.69
Days on Market56
Property Features for 2127 S 8TH Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
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
2,309 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
3679
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1915
Number of units
3
Building materials
Masonry
Architectural style
Colonial
Listing Agency:
Liberty Real Estate
(215) 625-4725
Listed By:
Richard Q Li · License #RM421130
(267) 767-7612
Added: Aug 20
Last Checked: Oct 14 at 10:06AM
MLS# PAPH2662242
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.
Investment Insights
Based on property information with market context.
This Colonial-style triplex contains 2309 square feet within a masonry building constructed in 1915. The property includes a basement, central air conditioning, and forced-air heating, with three residential units arranged across the structure. Its corner position adds a distinct physical characteristic to the building.
Located at 2127 S 8TH Street in Philadelphia, Pennsylvania 19148, the property occupies a 0.0218-acre lot. The existing residential configuration is fully occupied, and the current occupants are described as long-term tenants. The building combines established construction with centralized cooling and forced-air heat, providing a defined multifamily asset in an urban Philadelphia setting.
Located at 2127 S 8TH Street in Philadelphia, Pennsylvania 19148, the property occupies a 0.0218-acre lot. The existing residential configuration is fully occupied, and the current occupants are described as long-term tenants. The building combines established construction with centralized cooling and forced-air heat, providing a defined multifamily asset in an urban Philadelphia setting.
Key Highlights
- Three‑unit residential property on a 0.0218‑acre lot
- 2309 square feet of building area
- Corner location at 2127 S 8TH Street, Philadelphia, PA 19148
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,403
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$788,060
$788.1K
Cap Rate 7%
$562,900
$562.9K
Cap Rate 9%
$437,811
$437.8K
Market Conditions
NOI Build-Up for 2,309 SF
Gross rent
$59.6K $25.80/SF
− Vacancy
−$3.3K −$1.42/SF
EGI
$56.3K $24.38/SF
− OpEx
−$16.9K −$7.31/SF
NOI
$39.4K $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%
$788,060
Cap Rate 7%
$562,900
Cap Rate 9%
$437,811
Alternative Uses
Best Use
Multifamily LT 5
$562.9K
$492.5K – $656.7K
NOI $39,403 @ 7.0% cap · market cap 8.42%
Second Best
Apartment 5plus
$518.8K
$454.0K – $605.3K
NOI $36,319 @ 7.0% cap · market cap 7.76%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
3,450
Businesses Nearby
Explore this area
Business Placement
Demographics for 19148, PA
53,976
Population
22,944
Households
2.4
Avg Household Size
36
Median Age
39%
College-Educated
85%
High-School Grad
4.2 sq mi
ZIP Area
12,851
Density / Sq Mi
$80,469
Median Household Income
$50,067
Median Earnings
$1,492
Median Rent
$296,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied three-unit property with masonry construction, central air, and forced-air heating.
Where is this triplex located?
The property is located at 2127 S 8TH Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $468,000.
What are key features of this property?
This property features: Three‑unit residential property on a 0.0218‑acre lot; 2309 square feet of building area; Corner location at 2127 S 8TH Street, Philadelphia, PA 19148
