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Upgraded Three-Unit Triplex
For Sale
$575,000

270 DUPONT ST, Philadelphia, PA 19128

Fully occupied property with separate entrances, off-street parking, and individually metered gas and electric service.

Property Size2,640 SF
Price / SF$217.80
Days on Market49

Property Features for 270 DUPONT ST

General Information

Standard status Active
Size 2,640 SF
Total Parking Spaces 3
Property subtype Multi-family
Occupancy 100%

Site & Location

Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 1BR, 1 x 2BR
Multifamily Units 3

Additional Details

Gross Income $49,740

Amenities

in-unit laundry
private deck

Building Details

Buildings 1
Tenancy Multi
Listing Agency: RE/MAX Main Line - West Chester
Listed By: Thomas Toole III · License #RS228901
Source: Hostetterrealty
Added: Sep 4 Changed: Oct 7 Last Checked: Oct 20 at 7:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Main Line - West Chester

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Investment Insights

Based on property information with market context.

This 2,640-square-foot triplex contains three separate residences with private entrances and long-term tenants in place. The property includes updated appliances, flooring, and finishes, along with three off-street parking spaces and separate gas and electric meters for each unit. Unit B is a one-bedroom basement residence with its own entrance. The main-level Unit 1 has one bedroom and in-unit laundry, while Unit 2 spans the second and third floors with two bedrooms, in-unit laundry, and a private deck.

Located at 270 Dupont Street in Manayunk, the property is near Main Street, local restaurants, boutiques, cafes, grocery stores, nightlife, public transportation, and neighborhood street fairs. Running and biking trails, including the canal path, are also nearby.

Key Highlights

  • Three‑unit triplex with 2,640 square feet of building area
  • Fully occupied with long‑term tenants in place
  • Three off‑street parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,051
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$901,020 $901.0K
Cap Rate 7%
$643,586 $643.6K
Cap Rate 9%
$500,567 $500.6K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$68.1K $25.80/SF
− Vacancy
−$3.8K −$1.42/SF
EGI
$64.4K $24.38/SF
− OpEx
−$19.3K −$7.31/SF
NOI
$45.1K $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%
$901,020
Cap Rate 7%
$643,586
Cap Rate 9%
$500,567

Alternative Uses

Best Use
Multifamily LT 5
$643.6K
$563.1K – $750.9K (±1% cap)
NOI $45,051 @ 7.0% cap · market cap 7.83%
Second Best
Apartment 5plus
$593.2K
$519.1K – $692.1K (±1% cap)
NOI $41,526 @ 7.0% cap · market cap 7.22%
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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Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,675
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Fully occupied property with separate entrances, off-street parking, and individually metered gas and electric service.
Where is this triplex located?
The property is located at 270 DUPONT ST Philadelphia, PA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Three‑unit triplex with 2,640 square feet of building area; Fully occupied with long‑term tenants in place; Three off‑street parking spaces
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