Approved Triplex with Rear
For Sale
$295,000
5228 Vine St, Philadelphia, PA 19139
Three-unit residential property with in-unit laundry and shared access to a rear yard.
Property Size1,710 SF
Price / SF$172.51
Days on Market51
Property Features for 5228 Vine St
General Information
Standard status
Active
Size
1,710 SF
Property subtype
Multi-Family
Building Details
Year Built
1925
Listing Agency:
Realty Mark Associates
Listed By:
Natasha Ocasio · License #RS340647
(215) 882-3144
Source:
Bethsamberg
Added: Aug 25
Changed: Oct 7
Last Checked: Oct 7 at 1:22PM
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 Realty Mark Associates
Investment Insights
Based on property information with market context.
This approved triplex contains three residential units within a property built in 1925. Unit 1 includes one bedroom, one bathroom, an eat-in kitchen, a spacious bedroom, a large storage closet, and in-unit laundry. Unit 2 offers two bedrooms, one bathroom, and its own washer and dryer. Residents have shared access to the rear yard.
The property is located at 5228 Vine St in West Philadelphia, near public transportation, shopping, universities, parks, and major commuter routes. With 1,710 square feet of property size and an established residential configuration, the building offers an income-producing multifamily setup in an urban Philadelphia setting.
The property is located at 5228 Vine St in West Philadelphia, near public transportation, shopping, universities, parks, and major commuter routes. With 1,710 square feet of property size and an established residential configuration, the building offers an income-producing multifamily setup in an urban Philadelphia setting.
Key Highlights
- Approved triplex with three residential units
- Unit 1 includes 1 bedroom, 1 bathroom, eat‑in kitchen, storage closet, and in‑unit laundry
- Unit 2 includes 2 bedrooms, 1 bathroom, and in‑unit washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,897
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,940
$537.9K
Cap Rate 7%
$384,243
$384.2K
Cap Rate 9%
$298,856
$298.9K
Market Conditions
NOI Build-Up for 1,710 SF
Gross rent
$51.9K $30.36/SF
− Vacancy
−$3.0K −$1.76/SF
EGI
$48.9K $28.60/SF
− OpEx
−$22.0K −$12.87/SF
NOI
$26.9K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$537,940
Cap Rate 7%
$384,243
Cap Rate 9%
$298,856
Alternative Uses
Best Use
Multifamily LT 5
$416.9K
$364.8K – $486.4K
NOI $29,181 @ 7.0% cap · market cap 9.89%
Second Best
Apartment 5plus
$384.2K
$336.2K – $448.3K
NOI $26,897 @ 7.0% cap · market cap 9.12%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,869
Businesses Nearby
Explore this area
Business Placement
Demographics for 19139, PA
43,281
Population
23,896
Households
1.8
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
1.8 sq mi
ZIP Area
24,045
Density / Sq Mi
$38,701
Median Household Income
$34,796
Median Earnings
$1,110
Median Rent
$118,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property with in-unit laundry and shared access to a rear yard.
Where is this triplex located?
The property is located at 5228 Vine St Philadelphia, PA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Approved triplex with three residential units; Unit 1 includes 1 bedroom, 1 bathroom, eat‑in kitchen, storage closet, and in‑unit laundry; Unit 2 includes 2 bedrooms, 1 bathroom, and in‑unit washer and dryer
