Three-Story Triplex Income
4116 POWELTON Avenue Philadelphia, PA 19104
New
4116 POWELTON Avenue, Philadelphia, PA, 19104
$650,000
For Sale
$650,000
MULTI_FAMILY - Other - PHILADELPHIA, PA
Property Size2,088 SF
Lot Size0.03 Acres
Price / SF$311.30
Days on Market2
Property Features for 4116 POWELTON Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,088 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5957
Utilities
- Heating system
- Baseboard, Electric (Heating)
Building Details
- Year built
- 1915
- Number of units
- 3
- Building materials
- Masonry
- Architectural style
- Other
Listing agency
EXP Realty, LLC
(888) 397-7352
Listed by
Carlton Williams · License #RS347638
(267) 601-3031
Added: Jul 21 Checked: Jul 22 at 5:06AM
MLS# PAPH2649978
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 classic three-story income triplex includes updated units configured as one 1-bedroom/1-bath and two 2-bedroom/1-bath residences. The property is being sold as-is.
Located in West Powelton, the building is described as being close to University City, Drexel University, University of Pennsylvania, Penn Presbyterian Hospital, and nearby shopping, restaurants, markets, major highways, and transportation.
The available information supports a total building size of 2,088 square feet.
Located in West Powelton, the building is described as being close to University City, Drexel University, University of Pennsylvania, Penn Presbyterian Hospital, and nearby shopping, restaurants, markets, major highways, and transportation.
The available information supports a total building size of 2,088 square feet.
Key Highlights
- 3‑story masonry triplex built in 1915 with income‑producing layout
- Unit mix includes one 1 bd/1 bath and two 2 bd/1 bath units
- Heating includes electric heating and baseboard systems
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.9k | $25.80 |
| − Vacancy | −$3.0k | −$1.42 |
| EGI | $50.9k | $24.38 |
| − OpEx | −$15.3k | −$7.31 |
| NOI | $35.6k | $17.06 |
2,088 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$509.0K
$445.4K – $593.9K
NOI $35,631 @ 7.0% cap · market cap 5.48%
Second Best
Apartment 5plus
$469.2K
$410.5K – $547.4K
NOI $32,843 @ 7.0% cap · market cap 5.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sensual Esscents
Home Decor Store
www meandyoucare com
Home Health Care Service
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FAQs
What type of property is this?
Triplex - Three-story triplex includes one 1-bed/1-bath and two 2-bed/1-bath units, sold as-is.
Where is this triplex located?
The property is located at 4116 POWELTON 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: 3‑story masonry triplex built in 1915 with income‑producing layout; Unit mix includes one 1 bd/1 bath and two 2 bd/1 bath units; Heating includes electric heating and baseboard systems
