Well-Maintained Triplex with Hardwood
513 PINE STREET Philadelphia, PA 19106
For Sale
$1,375,000
MULTI_FAMILY - PHILADELPHIA, PA
Property Size3,200 SF
Price / SF$429.69
Days on Market747
Property Features for 513 PINE STREET
General Information
- Property type
- Residential Multi Family
- Property subtype
- Townhouse
- Standard status
- Active
- Size
- 3,200 SF
Building Details
- Year built
- 1910
Listing Agency:
BHHS Fox & Roach Center City-Society Hill
(215) 627-6005
Listed By:
Patrick Conway · License #RS217990L
(215) 266-1537
Added: Jul 8, 2024
Changed: Jul 23
Last Checked: Jul 24 at 12:06PM
MLS# PAPH2373790
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained triplex offers three self-contained units within a handsome brick exterior. The property’s interior features large rooms and hardwood flooring, with each unit having its own eat-in kitchen and full bath. The first-floor unit is a spacious three-bedroom with two full baths, soaring ceilings, solid oak hardwood floors, and a side breezeway. The second-floor unit provides two bedrooms, high ceilings, inlaid hardwood floors, an eat-in kitchen, and a marble fireplace with the original wood mantle. The third-floor unit is a sizable one-bedroom with hardwood floors, an eat-in kitchen, a full tile bath, and rear deck potential.
A clean, dry basement runs the length of the property and includes three separate rooms, a full bath, a walk-in closet, extensive storage, and a dedicated mechanical room. Recent updates include a new roof and all new hot water heaters. The first- and second-floor units are currently vacant.
The building runs approximately 78 feet deep and provides a total of about 3,200 square feet of living space across the three units.
A clean, dry basement runs the length of the property and includes three separate rooms, a full bath, a walk-in closet, extensive storage, and a dedicated mechanical room. Recent updates include a new roof and all new hot water heaters. The first- and second-floor units are currently vacant.
The building runs approximately 78 feet deep and provides a total of about 3,200 square feet of living space across the three units.
Key Highlights
- 1910‑built triplex with 3 separate self‑contained units and 3,200+ sq ft of living space
- 78 ft deep property with a brick facade and newer windows
- 1st‑floor unit: huge 3‑bedroom with 2 full baths, soaring ceilings, solid oak hardwood floors, eat‑in kitchen, and side breezeway
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 | $82.6k | $25.80 |
| − Vacancy | −$4.5k | −$1.42 |
| EGI | $78.0k | $24.38 |
| − OpEx | −$23.4k | −$7.31 |
| NOI | $54.6k | $17.06 |
3,200 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$780.1K
$682.6K – $910.1K
NOI $54,608 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$719.1K
$629.2K – $838.9K
NOI $50,334 @ 7.0% cap · market cap 3.66%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Triplex for sale featuring three self-contained units, newer windows, updated roof, and multiple tile baths.
Where is this triplex located?
The property is located at 513 PINE STREET Philadelphia, PA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 1910‑built triplex with 3 separate self‑contained units and 3,200+ sq ft of living space; 78 ft deep property with a brick facade and newer windows; 1st‑floor unit: huge 3‑bedroom with 2 full baths, soaring ceilings, solid oak hardwood floors, eat‑in kitchen, and side breezeway
