Contemporary Triplex with Central
For Sale
$855,000
2812 Cecil B Moore Ave, Philadelphia, PA 19121
Three-unit property built in 2020 with central air and forced-air natural gas heating.
Property Size3,733 SF
Price / SF$229.04
Days on Market185
Property Features for 2812 Cecil B Moore Ave
General Information
Standard status
Active
Size
3,733 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$2,046
Amenities
Central Air
Forced Air, Natural Gas
On Street
Contemporary
Building Details
Building Size
3,733 SF
Year Built
2020
Listing Agency:
Horsham Regional Realty, LLC
(215) 657-8100
Listed By:
Michael A Gabriel · License #RS332405
(215) 657-8100
Source:
Evrealestate
Added: Feb 27
Changed: Aug 30
Last Checked: Aug 30 at 3:59PM
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 Horsham Regional Realty, LLC
Investment Insights
Based on property information with market context.
This contemporary triplex was built in 2020 and contains 3,733 square feet. Interior systems include central air and forced-air heating powered by natural gas. The property’s three-unit configuration supports multifamily ownership and operations within a recently constructed building.
Located at 2812 Cecil B Moore Ave in Philadelphia, the property is situated off North 29th St. Exterior characteristics include a contemporary design and on-street parking.
Located at 2812 Cecil B Moore Ave in Philadelphia, the property is situated off North 29th St. Exterior characteristics include a contemporary design and on-street parking.
Key Highlights
- Triplex configuration with 3,733 square feet
- Built in 2020
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,703
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,274,060
$1.3M
Cap Rate 7%
$910,043
$910.0K
Cap Rate 9%
$707,811
$707.8K
Market Conditions
NOI Build-Up for 3,733 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$96.3K $25.80/SF
− Vacancy
−$5.3K −$1.42/SF
EGI
$91.0K $24.38/SF
− OpEx
−$27.3K −$7.31/SF
NOI
$63.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,274,060
Cap Rate 7%
$910,043
Cap Rate 9%
$707,811
Alternative Uses
Best Use
Multifamily LT 5
$910.0K
$796.3K – $1.06M
NOI $63,703 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$838.8K
$734.0K – $978.6K
NOI $58,718 @ 7.0% cap · market cap 6.87%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,178
Businesses Nearby
Explore this area
Business Placement
Demographics for 19121, PA
41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property built in 2020 with central air and forced-air natural gas heating.
Where is this triplex located?
The property is located at 2812 Cecil B Moore Ave Philadelphia, PA.
What is the asking price?
The asking price for this property is $855,000.
What are key features of this property?
This property features: Triplex configuration with 3,733 square feet; Built in 2020; Central air conditioning
