Triplex with Separate
For Sale
$545,000
5036 Catharine Street, Philadelphia, PA 19143
Three-unit property with private entrances, central HVAC, and basement laundry serving each unit.
Property Size2,250 SF
Price / SF$242.22
Days on Market153
Property Features for 5036 Catharine Street
General Information
Standard status
Active
Size
2,250 SF
Property subtype
Multi-Family / Fee Simple
Zoning
RSA-3
Additional Details
Public Transit
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$6,690
Amenities
separate utilities
central air and heat
private entrances
private basement laundry
No
No Pool
Above Grade, Below Grade
Building Details
Year Built
1925
Buildings
1
Listing Agency:
LYL Realty Group
(215) 498-3546
Listed By:
Dayhna Carroll · License #RM422863
(215) 498-3546
Source:
Compass
Added: Mar 31
Changed: Aug 30
Last Checked: Aug 30 at 1:22AM
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 contains 2,250 square feet across three residential units, each with a private entrance, separate utilities, central air and heat, and private basement laundry. Built in 1925 and zoned RSA-3, the property offers a defined multifamily configuration in Philadelphia’s 19143 area.
The building is located at 5036 Catharine Street in University City, near Drexel University, the University of Pennsylvania, Penn Medicine, and CHOP. The surrounding area is served by SEPTA trolleys, subway service, and regional rail, with Center City also nearby. The property’s three-unit layout supports both owner-occupancy and rental use, as described in the available property information.
The building is located at 5036 Catharine Street in University City, near Drexel University, the University of Pennsylvania, Penn Medicine, and CHOP. The surrounding area is served by SEPTA trolleys, subway service, and regional rail, with Center City also nearby. The property’s three-unit layout supports both owner-occupancy and rental use, as described in the available property information.
Key Highlights
- Legal triplex with 3 residential units
- 2,250 square feet in total building area
- Separate utilities, central air and heat in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,374
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$487,480
$487.5K
Cap Rate 7%
$348,200
$348.2K
Cap Rate 9%
$270,822
$270.8K
Market Conditions
NOI Build-Up for 2,250 SF
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.
Gross rent
$37.5K $16.68/SF
− Vacancy
−$2.7K −$1.20/SF
EGI
$34.8K $15.48/SF
− OpEx
−$10.4K −$4.64/SF
NOI
$24.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$487,480
Cap Rate 7%
$348,200
Cap Rate 9%
$270,822
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
Property Profile
Current Use
Lease Details
3
Residential units
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 property with private entrances, central HVAC, and basement laundry serving 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 3 residential units; 2,250 square feet in total building area; Separate utilities, central air and heat in each unit
