Three-Unit Triplex with Finished
For Sale
$549,900
5013-00 CHESTER Avenue, Philadelphia, PA 19143
Multi-Family, PHILADELPHIA, PA
Property Size4,066 SF
Lot Size0.05 Acres
Price / SF$135.24
Days on Market8
Property Features for 5013-00 CHESTER Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking features
On Street
Subdivision
KINGSESSING
Elementary school district
PHILADELPHIA CITY
Middle school district
PHILADELPHIA CITY
High school district
PHILADELPHIA CITY
Standard status
Active
Size
4,066 SF
Lot size
0.05 Acres
Additional Details
Tenant in Place
Yes
Individually Metered Utilities
electricity, water
Taxes and HOA fees
Tax Annual Amount
3211
Utilities
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Central Air, Heat Pump
Building Details
Year built
1915
Number of units
3
Building materials
Masonry
Architectural style
Other
Buildings
1
Listing Agency:
RE/MAX Preferred - Cherry Hill · RE/MAX International
(856) 616-2626
Listed By:
ARAFAT FARHAT · License #RS352372
(609) 352-5803
Added: Oct 17
Changed: Oct 23
Last Checked: Oct 24 at 1:06AM
MLS# PAPH2681876
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 masonry triplex contains three legally zoned apartments, each with two bedrooms, plus a finished basement. The apartments are fully leased. Separate electric and water meters serve the units, and each apartment has its own central heating and air conditioning system. The property was built in 1915 and contains 4,066 square feet on a 0.0471-acre lot.
Situated on a corner in Philadelphia’s University City, the property offers access to Route 13 trolley service and Regional Rail. Its rear yard was expanded in 2026. Other reported improvements include exterior concrete work, an automated security floodlight system, and a new 5-inch main sewer line with a 100-year corrosion warranty.
Situated on a corner in Philadelphia’s University City, the property offers access to Route 13 trolley service and Regional Rail. Its rear yard was expanded in 2026. Other reported improvements include exterior concrete work, an automated security floodlight system, and a new 5-inch main sewer line with a 100-year corrosion warranty.
Key Highlights
- Three legally zoned two‑bedroom apartments; all are fully leased
- 4,066‑square‑foot masonry triplex built in 1915
- Finished basement and 0.0471‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,047
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$880,940
$880.9K
Cap Rate 7%
$629,243
$629.2K
Cap Rate 9%
$489,411
$489.4K
Market Conditions
NOI Build-Up for 4,066 SF
Gross rent
$67.8K $16.68/SF
− Vacancy
−$4.9K −$1.20/SF
EGI
$62.9K $15.48/SF
− OpEx
−$18.9K −$4.64/SF
NOI
$44.0K $10.83/SF
Area
ZIP 19143
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%
$880,940
Cap Rate 7%
$629,243
Cap Rate 9%
$489,411
Alternative Uses
Best Use
Multifamily LT 5
$629.2K
$550.6K – $734.1K
NOI $44,047 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$559.7K
$489.7K – $653.0K
NOI $39,178 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$1.39M
$1.22M – $1.63M
NOI $97,553 @ 7.0% cap · market cap 17.74%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,785
Businesses Nearby
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Business Placement
Demographics for 19143, PA
64,648
Population
31,391
Households
2.1
Avg Household Size
36
Median Age
32%
College-Educated
91%
High-School Grad
3.1 sq mi
ZIP Area
20,854
Density / Sq Mi
$47,964
Median Household Income
$38,189
Median Earnings
$1,235
Median Rent
$152,000
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 - Three leased two-bedroom apartments are supported by independent utility meters and separate central heating and cooling systems.
Where is this triplex located?
The property is located at 5013-00 CHESTER Avenue Philadelphia, PA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Three legally zoned two‑bedroom apartments; all are fully leased; 4,066‑square‑foot masonry triplex built in 1915; Finished basement and 0.0471‑acre lot
