Legal Triplex with Separate
For Sale
$545,000
5036 CATHARINE STREET, Philadelphia, PA 19143
Three-unit legal triplex with separate utilities, central air and heat, and private basement laundry for each unit.
Days on Market123
Property Features for 5036 CATHARINE STREET
General Information
Standard status
Active
Property subtype
Triplex
Amenities
separate utilities
central air and heat
private entrances
private basement laundry
Building Details
Building Size
2,250 SF
Year Built
1925
Buildings
1
Tenancy
Multi
Listing Agency:
LYL Realty Group
(215) 498-3546
Listed By:
Dayhna Carroll · License #RM422863
(215) 498-3546
Source:
Patmckennarealtors
Added: Apr 1
Changed: Jul 30
Last Checked: Jul 31 at 11:34AM
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 LYL Realty Group
Investment Insights
Based on property information with market context.
This legal triplex at 5036 Catharine Street offers a practical layout across three well-proportioned units. Each unit has separate utilities, central air and heat, private entrances, and private basement laundry, supporting both owner-occupant and investor use. Built in 1925, the property is configured to allow an owner to occupy one unit while the remaining units can provide rental coverage.
The building is located in the heart of University City, steps from Drexel University, the University of Pennsylvania, Penn Medicine, and CHOP. The surrounding area is served by SEPTA with trolleys, subway, and regional rail options, and the property’s proximity to Center City supports year-round renter demand.
For tenants or buyers seeking a small multi-family with independent unit-level systems and laundry, this triplex provides a straightforward, self-contained setup for each of the three units.
The building is located in the heart of University City, steps from Drexel University, the University of Pennsylvania, Penn Medicine, and CHOP. The surrounding area is served by SEPTA with trolleys, subway, and regional rail options, and the property’s proximity to Center City supports year-round renter demand.
For tenants or buyers seeking a small multi-family with independent unit-level systems and laundry, this triplex provides a straightforward, self-contained setup for each of the three units.
Key Highlights
- Legal triplex with three well‑proportioned units
- Each unit has separate utilities
- Central air and heat in every unit
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 | $37.5k | $16.68 |
| − Vacancy | −$2.7k | −$1.20 |
| EGI | $34.8k | $15.48 |
| − OpEx | −$10.4k | −$4.64 |
| NOI | $24.4k | $10.83 |
2,250 SF · lease $16.68/SF/yr · vacancy 7.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$348.2K
$304.7K – $406.2K
NOI $24,374 @ 7.0% cap · market cap 4.47%
Second Best
Apartment 5plus
$309.7K
$271.0K – $361.3K
NOI $21,680 @ 7.0% cap · market cap 3.98%
Theoretical Best
Office A
$771.2K
$674.8K – $899.7K
NOI $53,983 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,990
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit legal triplex with separate utilities, central air and heat, and private basement laundry for each unit.
Where is this triplex located?
The property is located at 5036 CATHARINE STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Legal triplex with three well‑proportioned units; Each unit has separate utilities; Central air and heat in every unit
