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Three-Unit Residential Property
For Sale
$310,000

2853 BENNER Street, Philadelphia, PA 19149

Multi-Family, PHILADELPHIA, PA

Property Size1,440 SF
Lot Size0.04 Acres
Price / SF$215.28
Days on Market21

Property Features for 2853 BENNER Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street, Driveway
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 1,440 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 3612

Utilities

Heating system Hot Water(Heating), Baseboard, Electric (Heating)
Cooling system Window Unit(s), Ceiling Fan(s)

Building Details

Year built 1950
Number of units 3
Building materials Brick, Stone
Architectural style Other
Listing Agency: Penn Liberty Real Estate
Listed By: Ramon Caceres · License #RS152630A
Added: Oct 2 Changed: Oct 21 Last Checked: Oct 22 at 2:06AM
MLS# PAPH2677026

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.

This 1950-built brick-and-stone residential property contains three apartments: two with two rooms each and a smaller unit in the basement. Modern kitchens and newer windows are among the reported improvements, and the property is described as being in good condition. Heating includes hot water, baseboard, and electric systems; cooling is provided by window units and ceiling fans.

The corner parcel includes front and side yards. Parking options include a driveway and on-street parking. The first-floor apartment is occupied.

Key Highlights

  • Three apartments, including a smaller basement unit
  • Two apartments have two rooms each
  • Built in 1950 with brick and stone construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,505
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,100 $410.1K
Cap Rate 7%
$292,929 $292.9K
Cap Rate 9%
$227,833 $227.8K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$30.2K $21.00/SF
− Vacancy
−$947 −$0.66/SF
EGI
$29.3K $20.34/SF
− OpEx
−$8.8K −$6.10/SF
NOI
$20.5K $14.24/SF
Area
ZIP 19149
Vacancy
3.13%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,100
Cap Rate 7%
$292,929
Cap Rate 9%
$227,833

Alternative Uses

Best Use
Apartment 5plus
$2.76M
$2.41M – $3.22M (±1% cap)
NOI $192,998 @ 7.0% cap · market cap 62.26%
Second Best
Multifamily LT 5
$292.9K
$256.3K – $341.8K (±1% cap)
NOI $20,505 @ 7.0% cap · market cap 6.61%
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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Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby

Demographics for 19149, PA

60,408
Population
20,810
Households
2.9
Avg Household Size
33
Median Age
15%
College-Educated
76%
High-School Grad
2.4 sq mi
ZIP Area
25,170
Density / Sq Mi
$54,679
Median Household Income
$33,111
Median Earnings
$1,484
Median Rent
$198,200
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 - The corner property has updated kitchens, newer windows, and a basement apartment.
Where is this triplex located?
The property is located at 2853 BENNER Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Three apartments, including a smaller basement unit; Two apartments have two rooms each; Built in 1950 with brick and stone construction
More about this property
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