Contemporary Triplex with
New
For Sale
$650,000
2812 CECIL B MOORE Avenue, Philadelphia, PA 19121
Multi-Family, PHILADELPHIA, PA
Property Size3,733 SF
Lot Size0.03 Acres
Price / SF$174.12
Days on Market6
Property Features for 2812 CECIL B MOORE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking features
On Street
Appliances
Dryer, Washer
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
3,733 SF
Lot size
0.03 Acres
Taxes and HOA fees
Tax Annual Amount
2046
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
2020
Number of units
3
Architectural style
Contemporary
Listing Agency:
Keller Williams Real Estate-Horsham · Keller Williams Realty
(215) 657-8100
Listed By:
Michael A Gabriel · License #RS332405
(267) 980-2680
Added: Sep 22
Last Checked: Sep 27 at 3:06AM
MLS# PAPH2672742
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 contemporary triplex at 2812 Cecil B Moore Avenue in Philadelphia contains 3,733 square feet across three residential units. The property includes a basement, central air conditioning, forced-air heating, and both washer and dryer appliances. Two units are occupied, while the third-floor unit is vacant, providing a three-unit configuration with current occupancy in place.
Built as a contemporary multifamily property, the building is located in Philadelphia, PA 19121. On-street parking serves the property, and the address provides a clearly identified urban residential setting. The combination of three units, a basement, and existing appliances offers a straightforward physical profile for evaluating the asset as a multifamily property.
Built as a contemporary multifamily property, the building is located in Philadelphia, PA 19121. On-street parking serves the property, and the address provides a clearly identified urban residential setting. The combination of three units, a basement, and existing appliances offers a straightforward physical profile for evaluating the asset as a multifamily property.
Key Highlights
- Three‑unit triplex at 2812 Cecil B Moore Avenue, Philadelphia, PA 19121
- 3,733 square feet of property size
- 0.0264‑acre lot
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
$58,718
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
9.03%
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%
$1,174,360
$1.2M
Cap Rate 7%
$838,829
$838.8K
Cap Rate 9%
$652,422
$652.4K
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
$113.3K $30.36/SF
− Vacancy
−$6.6K −$1.76/SF
EGI
$106.8K $28.60/SF
− OpEx
−$48.0K −$12.87/SF
NOI
$58.7K $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 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%
$1,174,360
Cap Rate 7%
$838,829
Cap Rate 9%
$652,422
Alternative Uses
Best Use
Multifamily LT 5
$910.0K
$796.3K – $1.06M
NOI $63,703 @ 7.0% cap · market cap 9.80%
Second Best
Apartment 5plus
$838.8K
$734.0K – $978.6K
NOI $58,718 @ 7.0% cap · market cap 9.03%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
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
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 - Three-unit contemporary property with central air, forced-air heat, and on-street parking.
Where is this triplex located?
The property is located at 2812 CECIL B MOORE Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three‑unit triplex at 2812 Cecil B Moore Avenue, Philadelphia, PA 19121; 3,733 square feet of property size; 0.0264‑acre lot
