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Move-in Ready Philadelphia Triplex

416 Kerper Street Philadelphia, PA 19111

416 Kerper Street, Philadelphia, PA, 19111
$275,000
For Sale
Claim this Listing
$275,000

Triplex with separate utilities, fenced yard, and detached garage.

Property Size1,858 SF
Price / SF$148.01
AddedApr 27
Days on Market80
Last RefreshJul 5 at 9:31 am

Property Features for 416 Kerper Street

General Information

Standard status
Active
Size
1,858 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1945

Listing office Jung Property Management, LLC.

Listing date Apr 27, 2026

Source Compass

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 Jung Property Management, LLC.


Investment Insights

Based on property information with market context.

This move-in ready triplex features a fenced yard and a detached garage. Each of the three units has separate utilities, with additional common gas and electric meters. The property includes a front porch and a rear porch. The basement offers storage space and an additional toilet, with the potential to add coin laundry. The roof is fifteen years old, and there is fresh paint throughout, along with a newer garage roof. All units are currently occupied, generating an annual income of $31,440. The property is located in Philadelphia, specifically within MLS Area 19111. The school district is THE SCHOOL DISTRICT OF PHILADELPHIA. The property size is 1858 square feet.

Key Highlights

  • Income‑generating property: $31,440 annual income from three rented units.
  • Potential for owner‑occupancy: Move into the second‑floor unit and rent out the others.
  • Separate utilities for each unit, plus common meters.

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 $36.8k $19.80
− Vacancy −$1.2k −$0.62
EGI $35.6k $19.18
− OpEx −$10.7k −$5.75
NOI $24.9k $13.43
1,858 SF · lease $19.80/SF/yr · vacancy 3.13% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$356.4K
$311.8K – $415.8K (±1% cap)
NOI $24,946 @ 7.0% cap · market cap 9.07%
Second Best
Apartment 5plus
$328.6K
$287.6K – $383.4K (±1% cap)
NOI $23,005 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$563.3K
$492.9K – $657.2K (±1% cap)
NOI $39,433 @ 7.0% cap · market cap 14.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Cafe & Coffee Shop Building Supply Gym & Fitness Center Bakery Acupuncture Furniture & Home Goods Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex with separate utilities, fenced yard, and detached garage.
Where is this triplex located?
The property is located at 416 Kerper Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Income‑generating property: $31,440 annual income from three rented units.; Potential for owner‑occupancy: Move into the second‑floor unit and rent out the others.; Separate utilities for each unit, plus common meters.
Contact an agent
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