Triplex with Private Outdoor
For Sale
$549,900
216 ROCHELLE Avenue, Philadelphia, PA 19128
Multi-Family, PHILADELPHIA, PA
Property Size2,629 SF
Lot Size0.10 Acres
Price / SF$209.17
Days on Market22
Property Features for 216 ROCHELLE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Dining Room, Basement
Parking features
On Street
Interior features
Ceiling Fan(s), Carpet, Combination Dining/Living, Combination Kitchen/Dining, Combination Kitchen/Living, Dining Area, Kitchen - Eat-In, Kitchen - Table Space, Skylight(s), Bathroom - Tub Shower
Appliances
Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
Subdivision
WISSAHICKON
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
2,629 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Annual Amount
7472
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Window Unit(s)
Amenities
shared laundry
private deck
private patio
rear yard
Building Details
Year built
1900
Number of units
3
Building materials
Vinyl Siding, Stucco, Brick
Architectural style
Other
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(215) 923-7600
Listed By:
Tim Brogan · License #RS314019
(215) 620-9341
Added: Sep 30
Changed: Oct 21
Last Checked: Oct 21 at 6:06PM
MLS# PAPH2675792
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.
The 2,629-square-foot triplex contains three one-bedroom, one-bathroom apartments, all currently occupied. The first-floor apartment has an additional basement flex room and its own rear patio, with access to the shared yard. A private deck extends from the third-floor bedroom. The basement also contains a utility area and shared laundry facilities. The property was built in 1900 and occupies a 0.0964-acre lot.
Wissahickon Valley Park, Wissahickon Regional Rail Station, Main Street Manayunk, Ridge Avenue, and Kelly Drive are among the nearby destinations. Public transportation, shopping, dining, and major commuter routes are also noted in the surrounding area.
Wissahickon Valley Park, Wissahickon Regional Rail Station, Main Street Manayunk, Ridge Avenue, and Kelly Drive are among the nearby destinations. Public transportation, shopping, dining, and major commuter routes are also noted in the surrounding area.
Key Highlights
- Three occupied apartments, each with one bedroom and one bathroom
- 2,629 square feet on a 0.0964‑acre lot
- First‑floor apartment includes a basement flex room and private rear patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,864
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,280
$897.3K
Cap Rate 7%
$640,914
$640.9K
Cap Rate 9%
$498,489
$498.5K
Market Conditions
NOI Build-Up for 2,629 SF
Gross rent
$67.8K $25.80/SF
− Vacancy
−$3.7K −$1.42/SF
EGI
$64.1K $24.38/SF
− OpEx
−$19.2K −$7.31/SF
NOI
$44.9K $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%
$897,280
Cap Rate 7%
$640,914
Cap Rate 9%
$498,489
Alternative Uses
Best Use
Multifamily LT 5
$640.9K
$560.8K – $747.7K
NOI $44,864 @ 7.0% cap · market cap 8.16%
Second Best
Apartment 5plus
$590.8K
$516.9K – $689.2K
NOI $41,353 @ 7.0% cap · market cap 7.52%
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
Location Intelligence
Trade Area within ½ mile
974
Businesses Nearby
Explore this area
Business Placement
Demographics for 19128, PA
36,808
Population
19,006
Households
1.9
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
5,258
Density / Sq Mi
$89,639
Median Household Income
$64,861
Median Earnings
$1,563
Median Rent
$330,800
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 - Each apartment offers a one-bedroom, one-bathroom layout, with shared laundry serving the building.
Where is this triplex located?
The property is located at 216 ROCHELLE Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Three occupied apartments, each with one bedroom and one bathroom; 2,629 square feet on a 0.0964‑acre lot; First‑floor apartment includes a basement flex room and private rear patio
