3-Unit Multifamily
For Sale
$330,000
420 E TABOR ROAD, Philadelphia, PA 19120
Multifamily building with separate utilities and a mix of vacant and occupied units.
Property Size2,340 SF
Days on Market54
Property Features for 420 E TABOR ROAD
General Information
Standard status
Active
Size
2,340 SF
Property subtype
Duplex
Site & Location
Neighborhood
Northwest Philadelphia
Utilities to Site
Yes
Units
Unit Mix
3 x 2BR
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$3,236
Building Details
Building Size
2,340 SF
Year Built
1935
Listing Agency:
Penn Liberty Real Estate
Listed By:
Ramon Caceres · License #RS152630A
(215) 397-7043
Source:
Mainlinekw
Added: Sep 9
Changed: Oct 31
Last Checked: Oct 30 at 8:39PM
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 Penn Liberty Real Estate
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Investment Insights
Based on property information with market context.
Built in 1935, this three-unit multifamily property is arranged across the basement, first floor, and second floor. Each unit includes two bedrooms, a living room, kitchen, and bathroom, with bedrooms described as a comfortable size. The basement and first-floor apartments are vacant, while the second-floor unit is occupied. Separate utility service is provided for each unit.
Key Highlights
- Three two‑bedroom units
- Separate utilities for all units
- Basement, first‑floor, and second‑floor apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,349
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,980
$507.0K
Cap Rate 7%
$362,129
$362.1K
Cap Rate 9%
$281,656
$281.7K
Market Conditions
NOI Build-Up for 2,340 SF
Gross rent
$39.0K $16.68/SF
− Vacancy
−$2.8K −$1.20/SF
EGI
$36.2K $15.48/SF
− OpEx
−$10.9K −$4.64/SF
NOI
$25.3K $10.83/SF
Area
ZIP 19120
Vacancy
7.22%
Lease Rate
$16.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$506,980
Cap Rate 7%
$362,129
Cap Rate 9%
$281,656
Alternative Uses
Best Use
Multifamily LT 5
$362.1K
$316.9K – $422.5K
NOI $25,349 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$322.1K
$281.8K – $375.8K
NOI $22,547 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$559.0K
$489.1K – $652.1K
NOI $39,128 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,170
Businesses Nearby
Explore this area
Business Placement
Demographics for 19120, PA
66,177
Population
25,730
Households
2.6
Avg Household Size
35
Median Age
13%
College-Educated
77%
High-School Grad
3.2 sq mi
ZIP Area
20,680
Density / Sq Mi
$51,993
Median Household Income
$32,980
Median Earnings
$1,186
Median Rent
$143,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Multifamily building with separate utilities and a mix of vacant and occupied units.
Where is this triplex located?
The property is located at 420 E TABOR ROAD Philadelphia, PA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Three two‑bedroom units; Separate utilities for all units; Basement, first‑floor, and second‑floor apartments
