3-Unit Triplex with Rooftop
New
For Sale
$849,900
4014 GREEN STREET, Philadelphia, PA 19104
Three residences offer in-unit laundry, private outdoor areas, and access to nearby universities and medical facilities.
Property Size2,592 SF
Days on Market7
Property Features for 4014 GREEN STREET
General Information
Standard status
Active
Size
2,592 SF
Property subtype
Triplex
Occupancy
100%
Financials
Cap Rate
5.9%
Gross Income
$68,400
Site & Location
Neighborhood
West Powelton
Highway Access
Yes
Public Transit
Yes
Additional Details
Sprinkler System
Yes
Multifamily Units
3
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,015
Amenities
in-unit laundry
video surveillance entrances
rooftop decks
outdoor backyards
Building Details
Building Size
2,592 SF
Year Built
2020
Listing Agency:
Main Line Executive Realty
Listed By:
Kevin C. Murphy · License #RM422225
(610) 658-2920
Source:
Patmckennarealtors
Added: Oct 26
Changed: Oct 31
Last Checked: Oct 30 at 10:53PM
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 Main Line Executive Realty
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Investment Insights
Based on property information with market context.
Built in 2020, this triplex contains three units with a combined eight bedrooms and six bathrooms. The unit mix includes two- and four-bedroom layouts. Interior features include high ceilings, large closets, luxury vinyl flooring, quartz countertops, stainless steel appliances, and upgraded kitchen and bath fixtures. Each unit has in-unit laundry. Rooftop decks, backyard areas, video-surveillance entrances, and sprinklered fire systems are also part of the property.
The building is in Philadelphia’s University City area, within walking distance of universities, medical facilities, 30th Street Station, and the Art Museum. Local highways are accessible from the property. The units are leased through the end of the 2027 school year, and the property has a 5.9% cap rate.
The building is in Philadelphia’s University City area, within walking distance of universities, medical facilities, 30th Street Station, and the Art Museum. Local highways are accessible from the property. The units are leased through the end of the 2027 school year, and the property has a 5.9% cap rate.
Key Highlights
- Three‑unit building with 8 bedrooms and 6 bathrooms
- Two- and four‑bedroom unit layouts
- 5.9% cap rate; units leased through the end of the 2027 school year
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,232
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,640
$884.6K
Cap Rate 7%
$631,886
$631.9K
Cap Rate 9%
$491,467
$491.5K
Market Conditions
NOI Build-Up for 2,592 SF
Gross rent
$66.9K $25.80/SF
− Vacancy
−$3.7K −$1.42/SF
EGI
$63.2K $24.38/SF
− OpEx
−$19.0K −$7.31/SF
NOI
$44.2K $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%
$884,640
Cap Rate 7%
$631,886
Cap Rate 9%
$491,467
Alternative Uses
Best Use
Multifamily LT 5
$631.9K
$552.9K – $737.2K
NOI $44,232 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$582.4K
$509.6K – $679.5K
NOI $40,771 @ 7.0% cap · market cap 4.80%
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
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
4,762
Businesses Nearby
Explore this area
Business Placement
Demographics for 19104, PA
56,839
Population
23,888
Households
2.4
Avg Household Size
26
Median Age
47%
College-Educated
90%
High-School Grad
3.1 sq mi
ZIP Area
18,335
Density / Sq Mi
$39,526
Median Household Income
$18,420
Median Earnings
$1,329
Median Rent
$268,200
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 - Three residences offer in-unit laundry, private outdoor areas, and access to nearby universities and medical facilities.
Where is this triplex located?
The property is located at 4014 GREEN STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Three‑unit building with 8 bedrooms and 6 bathrooms; Two- and four‑bedroom unit layouts; 5.9% cap rate; units leased through the end of the 2027 school year
